Best Cryptocurrency Apps for Beginners

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Start investing with our list of the best cryptocurrency apps for beginners and novices.

With cryptos and altcoins, you can diversify your investments. And although cryptos like Bitcoin are volatile, these cryptocurrency apps can help you start with a small amount.

Welcome to the phroogal 5, a series of the five best apps. We’ve done the work to narrow down the best choices. Want more options? Check the crypto marketplace.

In this article, you’ll learn the best crypto apps.

Best Cryptocurrencies Apps

We chose apps from popular companies offering beginners an easy way to buy, sell, and store cryptocurrencies. The following is a list of crypto trading apps. Start with as little as $1.

Crypto AppsFeaturesBest for
WebullTrades with charts and tools – $0 commissionsCommunity
SoFiBuy stocks and ETFs – $0 commissionsVariety
RobinhoodEasiest platform– $0 commissionsSimplicity
VenmoSimple user interfaceExisting users
Cash AppBuy Bitcoin for as little as $1Bitcoin hodlers

Webull Crypto: Best for community

Webull is an online brokerage offering cryptocurrencies allowing users to buy and sell fractions of crypto.

  • Buy or sell cryptocurrencies at a $1 minimum
  • Trade with instant settlement
  • Complimentary real-time data, customizable charts, and indicators

Number of Currencies: 15
Transaction Fees: $0
Wallet Included: No

Read Webull Crypto review.

New Account Promo: New Webull Crypto users gets $5 in $SHIB coin

SoFi Crypto: Best for variety

SoFi Crypto lets you buy and sell cryptocurrency. The platform protects your holdings against fraud and theft.

  • Buy crypto alongside the stocks 
  • Trade crypto 24/7
  • Simple user interface

Number of Currencies: 28
Transaction Fees: $0
Wallet Included: No

Read the SoFi Crypto review.

New account promo: New SoFi Invest users get $25 when investing $100.

Robinhood Crypto: Best for simplicity

Robinhood Crypto lets you trade bitcoin, ethereum, dogecoin, litecoin, ethereum classic, bitcoin cash, and Bitcoin SV. Simple, easy-to-understand interface without all the cluttered features.

  • Need to buy a whole coin—start with as little as $1
  • Ownership over your coins and cold storage for vast majority
  • Zero-commission fees

Number of Currencies: 7
Transaction Fees: $0
Wallet Included: No

Read the Robinhood Crypto review.

New Account Promo: New Robinhood Invest users get a free share of stock.

Venmo Crypto: Best for existing users

Venmo lets you buy, hold, and sell crypto on the app you already know. Buy Bitcoin, Ethereum, Litecoin, or Bitcoin Cash and watch how its value changes. Choose to share your crypto purchases on your Venmo feed.

  • Start with as little as $1
  • Very simple user interface
  • Ability to withdraw Bitcoin

Number of Currencies: 4
Transaction Fees: There is a minimum fee. Fees after the minimum are a percentage of the purchase or sale amount.
Wallet Included: No

Read the Venmo Crypto review.

New Account Promo: New Venmo users get $5 after signup and make their first payment.

Cash App Crypto: Best for Bitcoin Hodlers

Cash App makes it simple to invest in bitcoin. You can set up Bitcoin purchases automatically and on schedule.

  • Buy Bitcoin for as little as $1 
  • Buy, sell, and send Bitcoin to friends and family
  • Transfer your funds to another digital wallet on the blockchain

Number of Currencies: 1
Transaction Fees: Small fee listed in trade confirmation.
Wallet Included: No

Read the Cash App Crypto review.

New account promo: New account signups receive $5. Use Code: TDRCVVJ

If you’re looking for a bit more features and tools, check out the best crypto exchanges.

Is Trading Cryptocurrencies Safe?

Investing comes with risks and cryptocurrencies come with greater risks. The crypto market has big market prices swings and crashes. It may lead to market manipulation and security breaches.

Are SHIB and DOGE available?

Currently, you can buy Shiba Inu coins (SHIB) on Webull and Public.com Crypto.

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