Still stock trading apps like Robinhood and SoFi have a few advantages over crypto exchanges. One key advantage is that there UI is much simpler. Because you aren’t interacting directly with you crypto you won’t typically have to worry about crypto addresses or gas fees. The onboarding process for Robinhood and SoFi can also be somewhat easier. The downside is that you’ll have access to far fewer cryptocurrencies and you’ll have less control over your crypto holdings. Cryptocurrency buy apps You can also trade cryptocurrency pairs – including both crypto-fiat and crypto-crypto. For example, you can trade cryptocurrencies against the USD, GBP, JPY, and EUR. You can also trade cross-pairs like EOS/XLM or BTC/EOS.
This advertisement contains information and materials provided by Robinhood Financial LLC, Robinhood Securities LLC and its affiliates (“Robinhood”) and Publisher, a third party not affiliated with Robinhood. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Securities offered through Robinhood Financial LLC, a member of FINRA and SIPC and a wholly-owned subsidiary of Robinhood Markets, Inc. Cryptocurrency trading offered through Robinhood Crypto LLC. Robinhood Crypto and Publisher are not a members of FINRA or SIPC and cryptocurrencies are not stocks and your cryptocurrency investments are not protected by either FDIC or SIPC insurance. 14. CEX.IO TradeSanta is another cloud-based platform that offers a free trial and an affordable Basic plan at $25 a month. The Basic plan allows users to trade with up to 49 bots a month.