Top Crypto Apps in 2024 – Secure Your Essentials for Storage & Trading – The Tech Report

The Best Crypto Apps in 2024 Reviewed In-Depth

Now, let’s take a closer look at the best crypto exchanges and wallets.

1. Margex – Beginner-Friendly Exchange With an Appealing Welcome Bonus

Margex is a centralized trading platform offering perpetual futures trading and up to 100x leverage on 50 popular crypto assets, including $BTC, $ETH, and $SOL. You can even trade meme coins like $PEPE.

Futures trading lets you bet on the future price of a token and maintain your position indefinitely without an expiration date. Meanwhile, leverage amplifies your potential returns (and losses).

Additionally, you can replicate the strategy of experienced investors with Margex copy trading. There’s no upfront fee, but the fund manager and platform earn a percentage of your gains.

Margex also lets you earn a passive income by staking your tokens at up to 5% APY. Currently, you can only stake $LINK, $USDT, $ETH, and $USDC.

Margex mobile app has a clean, intuitive interface catering to beginners. It supports all the same features as the desktop version – the only trade-off is smaller charts. You can store crypto in the integrated hot wallet.

New Margex users get a $50 registration bonus, $50 deposit bonus, and a chance to win up to $10K. You can’t withdraw bonuses but can use them to pay trading fees.

2. MEXC – Trade Over 2.3K Assets With Up to 200x Leverage

MEXC is the eighth-largest centralized exchange (CEX) by market share and one of the most trusted, serving 10M users in 170 countries. Its daily training volume exceeds $800M, which results in high liquidity and low fees.

The platform supports over 2.3K assets and 2.8K pairs for spot and futures trading. You can maximize potential returns with up to 200x leverage or earn interest with staking.

MEXC’s copy trading page features hundreds of seasoned investors’ profiles. You can compare their win rates, returns on investment, and total earnings to pick whose strategy to replicate.

Novices will appreciate the demo trading feature, which lets you simulate different trading strategies without risking real money.

The MEXC crypto wallet implements robust security measures like two-factor authentication (2FA), anti-phishing codes, and withdrawal address whitelisting to prevent unauthorized access.

Recently, MEXC launched a campaign where you can win $LOGX, $SOCIAL, or $CATI token airdrops for completing deposit and trading tasks.

3. OKX – #1 Trusted Exchange With 1:1 Fund Reserves

OKX has the highest trust score among all CEXs on CoinGecko and boasts a $1.7B 24-hour trading volume. The platform serves users in over 200 countries but is unavailable in the US.

You can trade 317 spot assets and 500 pairs, including $BTC, $ETH, $OKB, and $DOGE. OKX also offers futures trading, 125x leverage, perpetual swaps, trading bots, staking, and crypto loans.

Although OKX is a CEX, it launched a decentralized exchange (DEX) aggregator in 2023. OKX DEX automatically routes trades to the best platform based on factors like price, liquidity, and fees.

OKX is the most trusted exchange because of its 1:1 reserve of users’ funds. This means that if the platform is hacked or has to shut down due to regulatory issues, it is able to repay its creditors promptly, unlike the infamous Mt.Gox exchange scandal.

OKX Wallet code is open-source and has undergone independent audits by CertiK and SlowMist for transparency.

Just as important is OKX’s ease of use. The mobile app is intuitive and sleek, though the array of features makes it somewhat intimidating for first-time users.

4. Bybit – CEX Geared Toward Seasoned Traders

Bybit is a popular CEX geared toward experienced traders. Launched in 2018, it has attracted over 50M users and has an over $22B 24-hour trading volume.

You can buy, sell, and swap 1,466 tokens on Bybit. The platform also offers derivatives like futures and inverse perpetuals, 100x leverage, staking, trading bots, and copy trading.

Bybit is one of the few CEXs that has the Onter (over-the-counter) trading feature, which allows users to negotiate and execute transactions with others directly, bypassing the order book system.

Bybit’s advanced market data section neatly presents key indicators and charts, including $BTC daily realized volatility, moving averages, and rolling volatility.

Another standout feature is the Bybit Launchpad, which gives qualified users early access to pre-listing tokens at an introductory price.

5. Binance – World’s Largest Exchange Offering Top-Tier Liquidity

Binance is the world’s largest crypto exchange with over $12B daily trading volume. For the record, Coinbase, ranking second, has a $1.5B 24-hour trading volume.

The platform launched in 2017 and quickly gained popularity due to its low fees and user-friendliness. You can trade over 350 assets on spot, margin, and futures markets and earn interest by staking your tokens.

Various order types, including limit, stop-limit, and stop-market, help you to prevent losses and tailor your trading strategy to your risk tolerance.

Binance Launchpad allows new projects to raise funds and gain exposure to a massive user base. For traders, Launchpad gives them the opportunity to yield higher returns by purchasing tokens at a below-listing price.

Both Binance desktop and mobile versions are packed with advanced features. Unfortunately, this comes at the cost of beginner-friendliness, as some users find the interface cluttered. The app is best suited for experienced investors who know their way around trading platforms.

6. Zengo – Secure Non-Custodial Wallet With Legacy Transfer & 3FA

Zengo is a non-custodial wallet that stores your private key online. You can access the Zengo app from your smartphone, computer, or tablet to manage, send, or stake crypto.

Unlike exchanges, which act as the middleman between you and the blockchain, non-custodial wallets give you full ownership over your funds. Even if the wallet provider goes bankrupt or is hacked, your funds will stay safe (unless you compromise your private key).

Zengo supports 120 tokens across eight networks, including Bitcoin, Ethereum, BNB Chain, and Base. However, NFT support is limited to Ethereum.

Zengo’s key strength lies in its security. Features like three-factor authentication (3FA), open-source cryptography, and multi-party computation make the wallet virtually unhackable.

Legacy Transfer lets you designate a trusted person to unlock your account after a specified period of inactivity. Meanwhile, Theft Protection requests that you verify yourself with 3D FaceLock before withdrawing crypto.

While Zengo is free to use, Zengo Pro gives you exclusive perks like Coinledger tax reports, private transaction mode, and priority customer support.

Read our full Zengo review to learn more.

7. BloFin – Earn Commission From Your Referrals On a World-Class CEX

BloFin is a CEX that caters to both novices and experienced investors with services like spot, futures, and 150x leverage trading for over 320 assets.

The platform supports various order types, including trailing stop, advance limit, trigger, and market price orders. You can also copy the strategies of successful investors to gain insights into market trends or stake your tokens to earn passive rewards.

Another way to earn with BloFin is through the Affiliate Program, which gives you a 50% rebate on futures trading fees and a lifetime commission from your invitee’s trading fees.

Security is BloFin’s key strength. Merkle Tree architecture prevents data tampering, while the 1:1 fund reserve guarantees user funds won’t disappear in the event of a hack or platform insolvency.

New users can receive up to a $5K bonus by completing simple tasks like depositing a certain amount of $USDT or opening a futures contract.

How We Review and Choose the Best Crypto Apps

Hundreds of crypto apps and platforms are launched every year, so it’s hard to pick a legitimate, secure, and user-friendly solution.

Comparing fees and features may be daunting, but the biggest challenge is figuring out whether you can trust these apps with your funds.

Crypto apps often handle massive amounts of assets, making them a prime target for cybercriminals. Poorly secured or intentionally faulty platforms can be vulnerable to data breaches and hacks.

That’s why we developed a specific testing methodology for vetting trustworthy crypto projects. Here are the factors we consider: