Looking for the best apps around Bitcoin?
Well, you’ve done something – we’ll help you and show you what interesting apps there are out there. Let’s start right away:
Are you looking for an app, …
1. which you use as a wallet
2. with which you can pay
3. to keep a clear overview of your portfolio
4. to trade
5. or to play.
In this article you will find apps to explore parts of the crypto world in more detail.
The Wallet Apps:
With Wallet Apps you always have your coins in your pocket – they are available to you quickly and easily and you have an overview of your current “credit”.
Web wallets, in this case also apps, store the Private Keys online. There they are encrypted with a selected password.
Beware, in order to store your Bitcoins, so-called Hot Wallets, i.e. Wallets that are directly connected to the Internet, offer you the lowest level of security. However, they have the advantage that they can be accessed with any Internet-enabled device.
Android users have a small advantage here, because Wallet apps were initially blocked by Apple. That’s why all app developers jumped on Android. Only a few months after the blocking, however, it was already lifted again. Now some Wallets for iOS are online.
Wallet apps are, for example:
– Samourai Wallet
Mycelium is the “best known” Bitcoin Wallet app for Android. It is very user-friendly when it comes to receiving and sending payments and backup is quite simple.
The big bonus: you can meet in person to buy and sell Bitcoins. To do this, you simply get in touch via the app and discuss all the details.
breadwallet, initially only for iOS but now also available in PlayStore. The app gives you as a user control over your private keys. It also offers a user-friendly interface and passcode support.
Edge is a user-friendly Bitcoin Wallet app for iPhone and Android. The app has a very simple design and is therefore great for beginners. The wallet creates automatic backups so you don’t have to worry about manual wallet backups.
GreenBits is the app version of GreenAddress. Due to its multi-signature, it is often called the “safest” wallet app. Hardware wallets such as TREZOR and Ledger are also supported.
– Bitcoin Wallet
Bitcoin Wallet or ‘Schildbach Wallet’ was the first mobile Bitcoin Wallet app. Bitcoin Wallet is also considered more secure than most other Bitcoin Wallets because it connects you directly to the Bitcoin network.
You can also pay for most wallet apps in the shop, provided that Bitcoin or other cryptos are accepted there. However, there are also specialized apps for this – more about this now:
2. payment apps
With special Bitcoin apps, you can also spend your crypts in shops in the real world. However, the prerequisite is that there is an appropriate shop near you, as Bitcoin acceptance is still somewhat limited.
However, here are 2 apps that are on the right track.
On the one hand BitPay – a free open-source software, where you can control your private keys and your money yourself. Your passwords are stored locally and not in a cloud. Multisignature security ensures comprehensive protection of your data.
In its current version (as of 22.03.2019), the BitPay app supports the following features without compromising security or accessibility:
Currently the currencies Bitcoin and Bitcoin Cash are supported for the payment function, whereby the creation and administration of several Bitcoin Wallets is possible. It is also possible to create shared wallets and make group payments. Another integrated feature is that you can purchase gift cards at any time via the Amazon.com app.
Of course, there is also room for small players, such as an individual “wallet name” and adjusting the background color.
The app also includes an integrated BitPay Visa card, which can be purchased separately and runs synchronously with the Payment Wallet app.
On the other hand there is Fold.
However, Fold can only be used in the USA so far, but already has some cooperations with large companies there, such as Starbucks or Whole Foods. Maybe the app will also be available in our regions in the future.
Unfortunately, we are disappointed to say that there are no other apps on the market that offer a secure and user-friendly payment function.
Let’s continue with the …
3. portfolio apps
With portfolio apps you keep track of your investments.
One of the best known portfolio apps is Blockfolio:
This app is completely free and scores with a price alarm and the function “Set and Forget”.
Blockfolio offers a real-time view of over 80 exchanges for all coins traded there – that’s almost all existing coins.
Here you get an exact overview of profits, losses and the cost base.
In the detailed view you can set which exchange pair the desired coin is or was traded with. In addition, you can have a graphical development curve displayed and by means of the Holding function you can get an evaluation of your investment.
So that you can analyze your data exactly, you have the possibility to enter each transaction into the app. From this data combined with the current price, which is retrieved in real time, you can follow exactly how your portfolio is developing.
In addition, there is the function to create several portfolios, so you can track different investments individually and keep track of them.
CoinTracking is suitable for the advanced crypto traders among us.
This app offers a similar basis to Blockfolio, but adds one more! Since you have to tax your cryptos, detailed reporting would be perfect for your tax return, wouldn’t it? For example, when you bought which coin, where and for how much. These data can be easily imported from your favorite stock exchange and evaluated accordingly. – This is exactly what you get via CoinTracking – but not completely free of charge.
Another portfolio app is Delta.
Delta modestly describes itself as “the best Bitcoin, ICO and crypto currency tracker. Everywhere. Whether this is actually the case, should probably decide everyone for itself. But one can safely say that Delta supports a large number of tokens (2000+). In addition, you can not only keep an eye on 1 portfolio, but several at once. The consistently good ratings (4.8 out of 5 in the Appstore) also speak for themselves.
Disadvantages of the app are that the unlimited exchange API connections are only available in a limited way on the Pro version.
Whether HODLer or not, it’s always a good idea to keep an eye on your investments.
A completely different application can be found here:
4. trading apps
Regarding trading apps, we advise you not to be blinded by high profits.
Currently, some companies advertise with automated trading bots and profits of over 20% a day – but there are some dodgy people on the road who may just be out to rip you off.
It’s best if you take the trading into your own hands.
Here, for example, there is the social trading platform eToro:
eToro was already founded in 2007 and currently has over 1.75 million users in over 140 countries – since August 2011 a mobile application in the form of an app for Android and iPhone devices has also been available.
If you are a beginner, eToro offers you an unlimited free demo account with access to the same features as if you were using your accounts with “real money”.
When you create a Real Money account with eToro, you can fund it through a variety of options, including bank transfer, credit card, PayPal, MoneyBookers, Western Union, and more. You will then manage your account in US dollars. It is important to note that there are no costs or administration fees for using eToro’s social trading network or investment platform.
A number of responsible trading functions are supported. For example, presets that help you calculate an existing risk.
Other features protect your equity from risky transactions:
Assuming you would “copy” the trades of other traders, you would only be allowed to invest a maximum of 20% of your total capital per trader – so your ability to act is limited.
The “Discover People” tool helps you to filter these traders (popular investors) and observe their behavior.
The Bison app of the Stuttgart Stock Exchange is very fresh on the market.
The app offers a simple and intuitive operation, which is also suitable for beginners. Just a few minutes after downloading the Bison app, you can start trading. Especially the uncomplicated registration as well as the simple proof of identity break down barriers that have arisen due to elaborate registration processes. The app also does not incur any trading fees.
In addition to the basic functionality provided by crypto trading, the app also offers Cryptoradar. The feature, which is based on artificial intelligence, has the task of capturing an overview of market sentiment. For this purpose, news from the social media is evaluated and filtered. Tweets in particular are analysed – more than 250,000 per day. The result is then forwarded to the Bison App. In this way, a real-time picture of the most discussed crypto currencies as well as the assessments and expectations of other traders is created.
Last but not least – let’s now come to the playful part:
5. gaming apps
The Blockchain Game by Daniel Bainbridge has been available for free since 2016. This app shares advertising revenue with its users via Bitcoin. It’s a simple task to solve: stack blocks as high as possible. The longer the chain, the better the pay.
Kill aliens and get Bitcoins for them? Yes, you can with the gaming app Bitcoin Aliens – but to play here you have to be at least 17 years old.
The well-known Cryptokitties are also available on mobile phones with the Toshi app. It combines a secure messaging application, an Ethereum wallet and a browser for the Ethereum network, with which you can take care of your CryptoKitties on the go.
Another cool and playful app is Sweatcoin. You can simply download it onto your mobile phone and earn money in the form of Sweatcoins while walking around outside. Here you have the possibility to reach different levels with different advantages.
What can you do with the received coins? There is an integrated shop where you can exchange your coins for vouchers or products.
As you can see, there are already a lot of apps around Bitcoin and its application. We hope this article will give you a better overview of what apps are out there waiting to be used! Have fun testing!