The digital nature of cryptocurrencies paired with the convenience and security of modern smartphones is a powerful combination. The cryptocurrency ecosystem is inextricably linked to smartphone apps, with iOS and Android users now able to trade crypto, track prices, access their wallets, and even pay for coffee via smartphone apps.
Choosing the best app for Bitcoin or other cryptocurrencies, however, can be complicated. It’s essential to ensure that the app you decide to use is secure and authentic — phishing apps that imitate real cryptocurrency exchanges or services have caused thousands of crypto traders and investors to lose their entire crypto holdings.
When determining which Bitcoin app is the best for you, you’ll need to consider what you’re planning on using the app for. There are three general types of crypto apps; trading or exchange apps, wallet apps, and price or portfolio tracking apps. Whether you’re looking for the best crypto iPhone apps or crypto Android apps, you’ll need to consider the security features and functionality they offer.
We’ll proceed to break down the best Bitcoin iPhone apps and help you determine which solution is the best app to buy and sell crypto currency in 2019 to help you answer the question: how do I use Bitcoin on my iPhone?
The Rubix app is one of the most transparent options for buying Bitcoin or other cryptocurrencies via smartphone, and offers extremely powerful security features that make it a strong choice for users seeking a decentralized wallet solution.
In addition to allowing users to buy Bitcoin with iPhone, the Rubix app also provides users with encrypted messaging functionality and a decentralized exchange platform that facilitates the trade of crypto via atomic swaps — with no fees. If you’re looking for a highly secure decentralized app for buying, trading, or storing crypto, Rubix is one of the best options available.
Coinbase is one of the largest and most widely used crypto apps today, with apps for both iPhone and Android. The Coinbase app is designed primarily for users seeking to buy and hold cryptocurrency and isn’t focused on trading — using the Coinbase app, it’s possible to purchase a range of different cryptocurrencies with credit card, as well as set up a number of price tracking tools.
The Coinbase app is highly secure and easy to use, making it a great choice for users completely new to the world of crypto. Using the Coinbase app to buy crypto is slightly more expensive than other options, however, as Coinbase charges comparatively higher fees. The Coinbase app also lacks trading functionality.
CoinMarketCap is the undisputed king of cryptocurrency price tracking. As the most widely-used crypto price platform, the CoinMarketCap website provides price data on virtually every cryptocurrency in existence and is widely regarded as the industry benchmark for crypto prices.
The CoinMarketCap app provides all of the functionality offered by the CoinMarketCap website alongside customizable alerts, conversion tools, and portfolio tracking that allows users to track their crypto holdings in real-time.
BitPay is a highly popular Bitcoin payment platform that allows ecommerce websites and retailers to accept Bitcoin payments. The BitPay app is a must-have tool for cryptocurrency users that are interested in using Bitcoin to pay for goods and services.
BitPay allows users to either directly pay for goods and services with Bitcoin, or purchase in-store credits that can be spent at hundreds of different retailers around the world. BitPay also offers simple transfer options for sending cryptocurrency to friends. Some of the retailers that can be used with BitPay include Uber, Spotify, Nike, Whole Foods, and Amazon, making it a great solution for Bitcoin holders seeking to spend crypto directly.
BRD, previously Bread or BreadWallet, is a popular Bitcoin wallet solution that aims to provide users with a secure on-ramp from fiat currency to digital currency. Available for both iOS and Android, BRD allows users to buy Bitcoin on iPhone or any other smartphone via Bitcoin ATMs, convenience stores, or via credit card.
Importantly, BRD is decentralized, which means users remain in control of their own private keys. BRD does allow users to convert Bitcoin purchased via the BRD app into ERC20 tokens, but doesn’t offer full trading functionality. The conversion rates at which exchanges are executed are also largely opaque, making it difficult to determine whether BRD provides accurate market rates.
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Staying Safe with Crypto Apps
Whether you’re aiming to store Bitcoin on your iPhone, track prices, or buy crypto, it’s essential to ensure that the app you’re using is legitimate. Before downloading and using any app, always check the website for the platform in question in order to ensure that the app you’ve chosen is the real version.
When storing Bitcoin or other cryptocurrencies on your iPhone, focus on apps that use the native biometric security functionality offered by smartphone devices, such as Apple’s Face ID or fingerprint sensors. Lastly, never provide the private key to your Bitcoin wallet to any app or website.
Frequently asked questions
Q1: Which Bitcoin Wallet has the lowest fees?
Ans: Blockchain Wallet, Bitcoin Core, and Paxful have the lowest fees for the transaction. All other wallets have higher fees.
Q2: What is the most reliable Bitcoin Wallet?
Ans: If you want security in your Bitcoin affairs, then Trezor Wallet is the most secure wallet you can get.
Q3: Can you mine Bitcoin on iPhone?
Ans: Yes, you can mine Bitcoin on an iPhone. Your device has all functionalities to support the operation of mining. But the payout is not appealing. You might get a few dollars out of a day’s work. That’s why its business feasibility is quite low.