The craze for crypto trading in India has increased to an immense level. Increased involvement and widespread adoption of crypto trading in India are likely to leave people puzzled over what platform to choose and what all features it needs to integrate.
Therefore, to help you get out of this situation and make optimum money in Crypto, you need to follow Dan Hollings plan. Also, we have listed down the top features that an ideal crypto trading app needs to have.
Table of Contents
1. User interface and user experience
For every crypto trader, whether experienced or beginner, good user interface and ease of use are two primary requirements. A cryptocurrency app should be intuitive and easily understandable. It should be devoid of intricacies and should be able to offer users easy navigation through different functions. It should have an easy login with fast and easy exchange currency options. Moreover, it should integrate all additional functionalities that could help simplify crypto trading for users. Some websites provide features like live charts for Bitcoin to INR which can be critical.
2. Real-time market situation
The cryptocurrency market is subject to frequent ups and downs therefore keeping a watch on market trends is very critical to winning the crypto game. For example, Bitcoin Cash (BCHABC),, a fork of Bitcoin was available in 2017 and today anybody can accept Bitcoin Cash payments with a smartphone A good cryptocurrency app should be able to provide users a consistent watch into real-time market trends like what is the current BCHABC to INR exchange rate. It should assist you to make accurate market predictions and analysis through easy to understand charts, pop-up notifications, and custom alerts.
3. Authenticity and Security measures
The cryptocurrency app you choose should be completely immune to security compromises. It should implement stringent security measures with strong encryption. Having strict security policies will not only protect your crypto funds on the platform but will also safeguard your personal information such as your name, address, and contact details. Apart from this, your crypto app should offer you multi-signature access, 2FA, control over your private encryption keys, cold storage functions, PIN protection, and multiple account management facilities.
4. Customer Support
If you use any app or online tool then it’s quite common to face occasional issues. These issues could be regarding anything, be it software’s feature, accounts, or payments. So, the crypto app you decide to use should have robust customer support services. It should be able to provide 24/7 multilingual support. Besides, the responses to customer queries should be quick and professional.
5. Liquidity
In financial terms, liquidity refers to the ease with which you can convert your assets or investment into cash. Since crypto apps use digital currencies traders need to know whether the platform they use has high liquidity or not. Having access to this information will provide you assurance regarding the easy conversion of your assets in case of emergencies. Thus, your transactions will be completed quickly without any delay.
Takeaway
So, these are the features that combined make up the best app for crypto trading. Choosing the right crypto trading app equipped with features is very essential to achieve success in crypto trading. Thus, if you don’t want to miss profitable trade opportunities, test your crypto app on the aforementioned factors to make the smart choice.
