Buy Bitcoin via app? ᐅ The best crypto apps in comparison

The most important thing shortly

• Some crypto providers provide their customers an app: among them are Bitpanda, Trade Republic, eToro, Coinbase and Scalable Capital.
• In most cases, the apps offer the same functions as the desktop variants of the providers.
• Investors should pay attention to the number of tradable cryptocurrencies, the fees and user ratings.

Apps simplify life – including the purchase of cryptocurrencies such as Bitcoin. In addition, mobile trade has a decisive advantage: investors can quickly react to any price fluctuations. Provided that the respective app also does what it promises. Because there are differences between the providers that can be decisive for the investor when looking for the right app.

Bitpanda

Bitpanda is a multi-asset investment platform based in Vienna. With over 600 digital coins, including Bitcoin, Ethereum, but also new crypto projects such as Shimmer and many more, as well as with a total of more than 2,600 digital assets on offer, Bitpanda has one of the biggest offer.

Buy cryptocurrencies with the Bitpanda app

From the verification to the purchase of the cybervisen: Investors can use the same functions with the Bitpanda app as with the browser.

A special feature is the price alarm. Bitpanda customers can get the cheapest prices without having to wait in front of the computer at home.

With the savings plan option for digital assets, investors can easily buy Bitcoin, Ethereum, Gold and more at regular intervals and benefit from the cost-average effect.

Recommendation: Bitpanda Suitable for real crypto lovers. The big range hardly leaves a wish, which is why investors are not afraid to miss the next Altcoin rally.

Trade Republic

Trade Republic is part of the list of German neo-brokers, which enable cryptocurrencies trade. In the meantime there are over 50 pieces: including the classics Bitcoin, Ethereum, Bitcoin Cash and Litecoin. The long focus on online first has paid off. The app is particularly clear and the purchase of cryptocurrencies with just a few clicks.

Fees: Basically, the trade in cryptocurrencies is commission -free. Trade Republic only demands one euro flat rate for the cost of the cost per transaction. In addition, there is a spread, the height of which varies.

Buy cryptocurrencies with the Trade Republic app

The opening of the account at Trade Republic follows the usual procedure. New customers fill out an application route and then legitimize themselves via video ident. After the first deposit, you can start. The acquired bitcoins are stored at Bitgo Europe GmbH's accounting and – as with competitors Justtrade – cannot be paid out.

The Trade Republic app is particularly clear and therefore easy to understand. This is also reflected in the users' reviews.

Recommendation: If you buy cryptocurrencies via Trade Republic, you shouldn't have a problem with Bitcoin and Co. In addition, investors can also invest free of commission in shares, ETFs, bonds and derivatives.

eToro

Also the Online trading platform Etoro offers an appon which customers can act cryptocurrencies. The company made a name for itself primarily through the possibility of social trading. A function in which investors can view and copy the investment strategy of other users. Etoro lists over 100 digital currencies, including Bitcoin, Ethereum, Ripple and Iota.

Fees: In Etoro, the fees for trading with cryptocurrencies are 1 percent.

Buy cryptos with the Etoro app

In the ETORO app, users can activate real-time notificationsIf you want to react to course fluctuations anywhere and at any time. The opening of the account at Etoro is also quick – at least if investors are sufficient for a maximum of 2,000 euros. You don't even have to verify yourself for that. With the proof of identity, all restrictions on Etoro then fall. In contrast to other providers, this crypto stock exchange offers the opportunity to pay money with PayPal.

Buying cryptocurrencies in the app is simple and intuitive. Investors can also access the entire Etoro product range, which also includes shares, ETFs and derivatives. Overall, the ratings are positive. On the other hand, criticism is hailing for customer service.

Recommendation: Etoro is particularly recommended for investors who want to try social trading. The broker also has the advantage that investors can also act shares, ETFs and derivatives. However, ETF savings plans are not on offer.

Coinbase

One of the world's best known Crypto exchanges is coin base. With the IPO completed in 2021, the popularity of the platform also grew. With over 200 digital currencies, retailers in Germany have access to a large selection of the best -known coins. Among them Bitcoin, Ethereum or Cardano. Although the platform requires comparatively high fees, it is very popular with investors.

Fees: A trade costs 1.49 percent of fees for a spread at Coinbase – if you use the credit card, you even pay 3.99 percent to the total.

Buy cryptocurrencies with the Coinbase app

Die Coinbase-App serves both as a trading platform and as a wallet. The user guidance is relatively simple and new users can also be found quickly. Similar to other crypto stock exchanges, Coinbase requires a verification of one's own person. Since investors can also pay with a credit card – in contrast to other providers – they do not have to transfer money to the clearing account.

Coinbase is considered one of the safest crypto stock exchanges. For example, the digital coins that lie on the coin base servers are insured. A useful feature is also Coinbase Earn, so investors can earn additional tokens by answering quiz questions. The grades in the app stores are good, but there are currently also negative reviews.

Recommendation: Due to the wide selection of cryptocurrencies and simple user guidance, coin base is well suited for most investors. However, the high fees are a shortcoming that investors should take into account when choosing.

Scalable Capital

Neo-broker smells of cryptocurrencies chances for profits in the hype. No wonder that, for example, Scalable Capital now offers the opportunity to buy bitcoins. Either via the app or in the browser application.

The peculiarity here is that investors acquire the coins in the form of ETPs. These are securities, similar to stocks or funds. At the moment, the performance of 17 cryptocurrencies can be speculated: Bitcoin, Ethereum, Bitcoin Cash and Ripple.

Fees: In the Free version of Scalable Capital, 0.99 percent of a crypto ETFs fall per trade. In contrast, it is only 0.69 percent in the prime+ model.

Buy cryptocurrencies with the Scalable Capital app

Your account can easily open new customers via the app. They have the choice between two subscription models, the conditions of which differ slightly. There are also different fees. Depending on how much investors want to trade, one of the two paid variants can be worthwhile. Anyone who has decided will still fill an application route and legitimizes itself via video ident.

Scalable Capitals app is simple, which makes it easy to use. The ratings of the users are largely positive in the app stores. Most of the criticism is for slow customer support. And the broker crushing with the individual titles with information about the investments.

Recommendation: Scalable Capital is one of the few providers in which investors can set up a savings plan on cryptocurrencies. Scalable Capital is therefore perfect for savings plan lovers. The investment in crypto ETPS also has the advantage that taxes are lower. The selection of coins is severely limited.

Positive overall impression

The apps of the individual providers usually work well and are easy to use. However, there is also improvement potential in some places. Users often criticize the customer support of the individual providers, and there are always delays within the apps. This is because the demand for cryptocurrencies has increased massively in the past few months. Both the providers and the servers punch their performance limit faster due to the rush. When acting, investors are also dependent on the speed of their own internet connection.

Frequently asked questions about cryptocurrencies

Here is more information about the trade in cryptocurrencies