Cryptocurrencies have continued to revolutionize the way payments are made online. Just like any other forms of currency, cryptocurrencies can be traded online as well. In fact, due to the massive interest in the use of cryptocurrencies, cryptocurrency trade online has really picked up. More and more people are getting involved hoping to make a coin or two from the trade. Different types of cryptocurrencies are being traded. You can choose to trade in any cryptocurrency the cube a comfortable with or you know more about. You can trade in bitcoin, Ethereum, Litecoin and any other cryptocurrency that you have access to.
The global financial market involves large amounts of exchanges. The parties to engage directly in the market must stake high amounts of capital. It does not mean that you cannot engage in the market if you have small capital. You can do so through the services of a cryptocurrency trading broker. As a result of the many people getting interested in cryptocurrency trading, many brokers have come up. Different brokers offering different types of trading platforms with different services, as well as trading tools and resources. It is very essential that you ensure your cryptocurrency trading broker provides you with the best chance of winning your trades.
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My Recommended Brokers Updated January 2020
|Broker||Min Deposit ($)||Min Stake ($)||Max Payout (%)|
|IQ Option||10||1||95||1st Choice|
|Olymp Trade||10||1||92||3rd Choice|
One of the most essential provisions you must get from your cryptocurrency trading broker is user intuitive trading platform. Desktop and mobile apps are quite essential for any trader. Different cryptocurrency trading brokers have differently developed trading apps. We sent out our cryptocurrency trading and technology experts to explore the various trading apps offered by the various brokers. The aim was to find the cryptocurrency broker that has the best app for cryptocurrency trading. After careful considerations, IQ Option rose on top as the cryptocurrency broker with the best app to trade cryptocurrency.
IQ Option is a widely renowned cryptocurrency trading broker. Any person who has been on the online trading space for quite a while must have heard about IQ Option. It currently has over 17 million subscribers. These are actively trading subscribers, who engage in the different types of trade that IQ Option offers.
The IQ Option trading platform is operated by a Cyprus-based company known as IQ Option ltd. It is also under the regulation of Cysec, which is one of the European bodies mandated with overseeing the operations of online trading brokers. IQ Option trading platforms are also annually audited by KPMG to ensure their operations are genuine, as well as the outcomes of the various trades carried out by their subscribers.
One of the most impressive aspects of IQ Option is its trading platforms, more so its desktop and mobile apps platforms. That is possibly the reason why IQ Option has managed to gather such a large number of subscribers in less than a decade. IQ Option’s desktop app is the best platform you can use to trade cryptocurrency on IQ Option. The platform comes with all the tools and resources that you need to be able to trade successfully and makes it easy to navigate between one feature to the other.
Easy navigation on a trading platform is very essential. The trends in the global market tend to change in split seconds. You have to be able to make decisions and place trades based on these split-second changes. That means you have just seconds to analyze the market, make a quick decision, and place a trade. In that regard, IQ Option desktop app allows you to open up to 9 market trend charts on the same screen. That allows you to quickly analyze the trends and make a quick decision when need be.
IQ Option’s mobile platform does not disappoint in any aspect either. It is just as impressive as the desktop app. Just like the desktop app, it comes loaded with various technical indicators that can help you make correct market analysis and predictions. You are able to access over 16 technical indicators including MACD and MA. The app also carries a load of video tutorials and other learning materials that can be very essential for veteran and beginner traders alike. You can refer to these learning materials while trading and be able to make a winning trade.
The only challenge with the mobile app is navigation. Unlike the desktop of you might not be able to open multiple pages on the same screen. Mobile devices usually have small screens as compared to desktops or laptops. However, as you get used to the mobile app, it becomes easy for you to navigate from one feature to the other.
The mobile app is available for both iOS and Android platforms. You can download it from the Apple store or Play store depending on the device you’re using. IQ Option has the best cryptocurrency trading app iOS. It has the best cryptocurrency trading app android as well. Overall, it is the best trading app for cryptocurrency.
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