🔥 Buy bitcoin via app in 2021: this is how it works!
Apps can make life easier. So also when it comes to to buy digital coins. One is planning, for example, cryptocurrency coins Buy bitcoin, then this is possible with an app. The app also has the advantage that you can react more quickly to any market developments. The crypto market is very volatile. Again and again it can go steeply upwards as well as downwards.
Even if the number of apps with which you can buy bitcoins is manageable, there are a few differences between the providers that should not be ignored. That means, before deciding on an app, it is important to compare the functions.
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An overview of the different apps
The following overview, in alphabetical order, shows which providers offer apps.
- Binance: Seat in Malta; More than 150 crypto currencies; The trading fee is 0,1 percent.
- Bison: Based in Germany; Bitcoin, Ether, Bitcoin Cash, Ripple and Litecoin; The trading fee is 0,75 percent.
- Coinbase: Based in the USA; 34 cryptocurrencies; The trading fee is 1,49 percent.
- eTorus: Based in Cyprus; 16 cryptocurrencies; The trading fee depends on the selected cryptocurrency.
- JustTrade: Based in Germany; Bitcoin, Ether, Bitcoin Cash, Ripple and Litecoin; The trading fee is at least 0,3 percent.
- Nuri (formerly Bitwala): Based in Germany; Bitcoin and Ether; The trading fee is 1 percent.
- Scalable capital: Based in Germany; Bitcoin, Ether, Bitcoin Cash and Litecoin; The trading fee is between 0,06 percent and 0,34 percent (there is an annual fee between 1 percent and 2,5 percent).
- Trade Republic: Based in Germany; Bitcoin, Ether, Bitcoin Cash and Litecoin; The trading fee is 1 percent.
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Binance
Binance belongs to the largest crypto exchange in the world. The company is based in Malta and has been offering its services since 2017. Due to the fact that the stock market is in great demand, the Binance Coin created a cryptocurrency that is one of the top cryptocurrencies in the world today - according to market capitalization, the Binance Coin is in fourth place. In addition to the Binance Coin, there are around 4 cryptocurrencies available on Binance, in which you can then invest. Among them are of course the Bitcoin or Ether again Litecoin. Trading takes place via the web browser or via the app.
With a fee of just 0,1 percent, Binance is also currently the cheapest provider on the market.
If you want to trade with the app, it is important to open an account. In the course of registration, it is necessary to confirm your identity, for example with a photo ID. After the account has been opened, you can use a debit or credit card Buy coins of certain cryptocurrencies, including Bitcoin. Sometimes it is also possible to buy coins from other private individuals using the peer-to-peer function. In this case, Binance also allows classic bank transfers.
The app, which is provided by Binance, offers exactly the same functions as the web version. That means there is access to the Binance Academy as well as futures trading.
- Binance scores with more than 150 cryptocurrencies, derivatives and futures
- The SEPA transfer is free of charge
- The trading fee is just 0,1 percent
- They rely on 2FA, SSL encryption, anti-phishing code, Binance Trust Wallet and address management
- The app is available for iOS and Android
Bison
Bison is a crypto app that can be used without any problems Bitcoins can be bought can. There is no desktop version. If you compare Bison with Binance, you will notice that the offer is smaller, however. Because currently there are only five crypto currencies on Bison: Bitcoin and Bitcoin Cash, Ethereum and Litecoin and Ripple.
The trading fee is 0,75 percent.
The app offers what you imagine: Investors and traders alike get uncomplicated access to the crypto market. After an account has been opened and the verification has been completed, you can make the first deposit - if the money is in the account, you can already invest.
A special feature that should be mentioned may be Bison's crypto radar. The radar is based on AI - artificial intelligence - and deals with two million tweets every day to find out in which direction the crypto trend could be.
- There are five above bison crypto currencies to disposal
- The taker order is 0,2 percent and the maker order 0,35 percent
- The coins will be kept by blocknox GmbH
- Bison is available for iOS and Android.
Coinbase
The Coinbase it is one of the most famous Crypto exchanges in the world. Due to the recent IPO, interest grew again; today there are more and more crypto fans and interested parties who have more to do with Coinbase. This is mainly due to the large selection - you can invest in 34 crypto currencies via Coinbase. Of course, there are the most popular currencies here: Bitcoin, Cardano and also Ether.
The fees may be relatively high, but that doesn't scare users. A trade costs 1,49 percent of the transaction volume - if you pay by credit card, a fee of 3,99 percent is due.
The Coinbase app serves on the one hand as a trading platform and on the other hand as a Wallet. The user guidance is very simple; a new user will be able to find their way around here without any problems. As is the case with other crypto exchanges, Coinbase requires the verification of the newly registered person.
It should be noted that Coinbase is one of the most secure Crypto exchanges applies. This is due, for example, to the fact that the coins that are directly on the Coinbase server are insured. In addition, there is an additional feature with Coinbase Earn, through which you can more tokens can earn.
- The fees are the biggest disadvantage - Coinbase is for sure one of the most expensive providers
- However, the provider is regulated by FinCEN
- There is a wide range of cryptocurrencies to choose from
- The app is available for iOS and Android
eToro
eToro may be one of the best known and most popular online brokers that also offers an app so that the user can then trade with digital money. Due to the fact that eToro offers so-called social trading, Beginners in particular feel at home herewho have had little experience so far and are unsure. Because in this way you can look at the strategies and decisions of experienced traders and adopt them in order to then participate in their successes. eToro provides some crypto currencies - including the big names, of course Ether, Bitcoin or IOTA.
As with bison, there is only one spread here. However, this depends on the coin. Who about trades in Bitcoin, he has to pay a fee of 0,75 percent - at Ether on the other hand, it is 1,90 percent.
The real-time notifications, which can be activated, are particularly advantageous in order to be kept up to date whenever something changes on the market. This means that you can react relatively quickly to price movements.
In addition, eToro is also convincing in the area of registration. Here eToro also scores with the fact that you can use the Online payment service PayPal can charge. This payment option is only used by a very few Online brokers and crypto exchanges accepted.
You can not only buy cryptocurrencies with the app, but also with stocks as well ETFs or trade derivatives.
- eToro scores with a variety of crypto currencies
- In addition, eToro impresses with a wide range of deposit options
- For security, 2FA and SSL encryption are used
- The deposit protection amounts to 20.000 euros / customer
- The app is available for Android and iOS
JustTrade
JustTrade is, so to speak, the German equivalent of eToro. Here you can not only invest in cryptocurrenciesbut also in securities. Of course, all of this is possible via the company's own app.
There are five on offer here crypto currencies: Bitcoin and Bitcoin Cash, Ether and Litecoin and Ripple. Coins that you acquire cannot be paid out, however, you only speculate here with the price development.
Here, too, there is only the spread for the fee. This is at least 0,3 percent.
The last update meant that now Price charts can also be found in the appso that one can speak of a clear improvement in the application. After the account has been opened, you can verify yourself using the VideoIdent procedure and make the first deposit. The Sutor Bank manages the clearing account; negative interest of 0,5 percent is charged per year.
- JustTrade scores with offering the most popular cryptocurrencies
- The spread starts at 0,3 percent
- The app is available for iOS and Android
Nuri (formerly Bitwala)
There is a debit card, a bank account as well as trading in cryptocurrencies and the associated ones Wallet, i.e. the digital wallet - and all on a single platform. A dedicated app is also offered so that you can keep track of your finances. You can use the app Bitcoin and Ether trade - other digital currencies are currently not available. With the income account it is possible that one is profitable invest in coins can, so that you benefit twice from the increase in value.
Nuri charges a fee that is 1 percent of the transaction volume. There is also a network fee of 1 euro.
In order to be able to use the offer, an account must be opened in advance. The account can be opened directly via the app. The provider asks for some information, but this is customary in the industry. In addition, the identity is confirmed using the VideoIdent procedure. Then you can top up the account with the SEPA transfer. But you can also join directly Ether or Deposit bitcoin, provided you already have Coins of these cryptocurrencies owns. Nuri scores with a well-structured app that is also easy to understand.
- There are currently two cryptocurrencies - Bitcoin and Ether - available
- The trading fee amounts to 1 percent of the transaction volume and 1 euro network fee
- Nuri provides an internal wallet
- The app is available for iOS and Android
Scalable capital
Again, there is an app or the option to invest via the browser application. The big specialty? You can buy coins in the form of ETPs. That means, these are securities that can be compared with stocks or funds. You can currently bet on the performance of four crypto currencies - this includes Bitcoin, Bitcoin Cash, Litecoin and Ether. However, you have to be aware that the papers are not deposited with real cryptocurrencies in the background for each of the issuers, so that the value of the papers is in Coins can only be paid out in a few cases.
The costs depend on the respective issuer. Depending on the trade, the fees are between 0,06 percent and 0,34 percent. In addition, there are annual costs of between 1 percent and 2,5 percent.
The account can easily be opened via the app. There are then three subscription models available, the conditions of which, however, differ greatly from one another. However, it should be said at this point that all three variants are inexpensive. After the account has been opened and you have been able to verify yourself via VideoIdent, you can make the first deposit.
The app is simple, so that even beginners won't have much difficulty here when it comes to using it for the first time.
- Four crypto currencies are offered as ETC and ETP
- The minimum order is 250 euros
- The securities savings plan can be opened with 25 euros
- There is a cooperation with Baader Bank AG
- The app is available for iOS and Android
TradeRepublic
There are still four crypto currencies, however, it is assumed that the number of tradable cryptocurrencies will soon increase. Of course, the four cryptocurrencies include the classics Bitcoin, Bitcoin Cash, Litecoin and Ether. It should be noted that Trade Republic only exists as an app - there is no web version.
Trading in digital currencies is commission-free. Trade Republic only charges 1 euro - the so-called third-party fee, which is incurred per transaction.
After the account has been opened, it is necessary to verify yourself via VideoIdent. Then the first deposit can be made. The coins that you buy here are stored by BitGo Deutschland GmbH, which is the custodian of Trade Republic.
Trade Republic is a clear app that certainly appeals to beginnersbecause care was taken to create a user interface that is more or less self-explanatory.
- Four cryptocurrencies are offered
- The fees are 1 euro
- BitGo Deutschland GmbH acts as custodian for purchased coins
- The app is available for iOS and Android
Our conclusion: This is how you buy Bitcoin via the app!
Anyone who wants to buy Bitcoin with an app will notice that there are a few providers that make this possible. It is important that you clarify in advance what is personally important to you. Only then will the comparison of providers ultimately bring the desired result - namely the information about which provider presents the best offer.
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