It’s impossible to ignore Cryptocurrency When all over the world people are buying and selling it. Cryptocurrency isn’t the new thing, But recently, because of bitcoin price surge, everyone wants to know about it. In many countries, Bitcoin is legal and people started using it as a mode of payment. Although, In some countries, it is completely banned to buy/sell any type of Cryptocurrency. If in your country it’s legal to trade bitcoin, then you can follow this article to know about Best Bitcoin App.
Before start telling you about Best Bitcoin Exchange/Wallet App. First, am going to tell few things related to Cryptocurrency and Bitcoin.
What are Cryptocurrency and Bitcoin?.
A CryptoCurrency is a digital asset or digital currencies, that uses cryptography to secure its transactions. You”ll amaze to know that, There isn’t any physical existence of any CryptoCurrency. That’s why it is also known as virtual currency.
Bitcoin is the first decentralized CryptoCurrency created in 2009. Since then dozens of CryptoCurrencies has been created. Recently Bitcoin cash is created, which is a fork of Bitcoin Classic.
Things you need to know before buying Bitcoin or any other Crypto Currencies.
I am not a financial adviser, But as a Geek Person, I want to tell you few things related to BTC. Bitcoin is volatile, Means you can’t expect it to grow always. Bitcoin (BTC) can fall anytime and you would lose your Money.
If you want to invest in Bitcoin, Then you don’t need to buy the whole Bitcoin (BTC). You can buy the small part of Bitcoin, which is known as Satoshi. BTC is divisible to 8th decimal place, So there are 100,000,000 Satoshi in one Bitcoin.
Coinbase is most popular best Bitcoin App & Site to trade Bitcoin, Ethereum, and LiteCoin. And now it is available in over 30 countries. You can buy Bitcoin with the connected bank account, SEPA bank transfer, Credit/Debit Card and other payment methods. Coinbase offers wallet service, which allows to send and request bitcoin and other CryptoCurrency by name, email or digital address. You can set a Passcode on App, and can remotely disable your phone access if it’s stolen or lost.
The app comes with price chart & Price Alert option, In which you can check the real-time and historical price of Bitcoin, Ether, and LiteCoin. The Coinbase payment methods depend upon your countries. And when you buy bitcoin it charges few percentage of buying fees. If you buy using bank transfer then fees are 1.49%, and for credit/debit card it is 3.99%. Coinbase has an email support, there isn’t any call support available.
“MKBHD purchased his first Bitcoin from Coinbase App.” – Source – (MKBHD Live Stream)
Countries – US, UK, Canada, Singapore and few other European Countries. Payment Options – Credit/Debit Card & Bank Transfer.
If you’re from India then the best Bitcoin App to Buy/Sell BTC in India is Zebpay. Like Coinbase, Recently Zebpay completed one million downloads on Google Play. The best part about Zebpay is, you can send bitcoin to your contacts using their mobile number. Zebpay app also provides security for the outgoing transaction, You can set 4 digit passcode or can use your fingerprint lock. Currently, Zebpay allows to buy/sell BTC only, other CryptoCurrencies option still aren’t available.
Transaction section also available in App, Which shows the complete history of all Buy/sell transaction. Zebpay App also shows real time buy/sell price, and if you want you can use Zebpay widget to track price. Price alert feature is also awesome, You”ll get notified when price rise or fall.
“Zebpay App also offers Free Bitcoin worth 100 INR when you use someone’s referral code”
Zebpay Refer Code to Get 100 rs Free Bitcoin – REF34287564
How to use this Refer Code – Open App > Swipe from Right Side> Tap on Free Bitcoins> Enter Refer Code and Click on Verify.
Note: To Get Free Bitcoin you need to first complete the verification process and then buy the first Bitcoin. (No need to buy one Bitcoin, You can buy small unit of BTC.)
Like Coinbase, Blockchain is also world’s popular & best Bitcoin Wallet App. Blockchain wallet only allows to store BTC and ether, you can’t buy using this App. It’s not a buying-selling App like Zebpay and Coinbase. But due to its popularity and one million downloads on Google Play, It’s on the list. It is digital wallet platform developed by Luxembourg based software company. You can access Blockchain from mobile devices (Android and iOS) and Web.
It comes with built-in security center, that guides you through step by step. So you can secure your account, can prevent unauthorized access and most important backup funds. With Blockchain App you can access your existing wallet or can create new. You can send or receive Bitcoin easily from anyone in the world.
Also, the best thing about BlockChain is you can exchange between ether and Bitcoin. Like other Bitcoin Apps, this App also comes with two-factor authentication and PIN protection. There is some other feature also available in this App like – TOR blocking, QR Code support, Paper Waller Import and much more.
Still, there are dozens of Bitcoin Apps available. But only these three Apps are popular and best according to users. If you want to buy your first bitcoin then you can use Coinbase App. And If you’re from India then you can use Zebpay App, Which is well known Coinbase Alternative for Indian users. That’s it for now If you’re facing any issue while buying your first bitcoin feel free to comment.