Explore the Advantages of Having a Mobile App for a Crypto Exchange

Since the crypto market is highly volatile, users might overlook the favorable trading opportunities when relying solely on a web-based crypto exchange. This issue can be resolved when users use a mobile app for your crypto exchange. With the widespread use of smartphones, a mobile app for your crypto exchange allows users to execute trades seamlessly, wherever and whenever they choose.

Developing a cryptocurrency exchange mobile application has several advantages, starting from increasing the user count and generating higher revenue from the crypto exchange.

Let’s see how both users and crypto trading platform owners can benefit from a mobile crypto exchange app.

Advantage of Having a Mobile App for a Cryptocurrency Exchange: Both User & Admin

Though cryptocurrency exchanges can be viewed and accessed from both desktop and mobile devices, users prefer a mode that is easily accessible to them. This, in turn, encourages the crypto exchange owners to launch a mobile-friendly crypto exchange app.

Let’s look into the advantages of having a mobile app for a cryptocurrency exchange.

User Perspective

• Enables users to carry out trade instantly whenever and wherever they are.
• Allows users to monitor the cryptocurrency market anytime. This helps users to trade under every favorable situation without missing out on any opportunity.
• Helps in eliminating the process of turning on the desktop and logging in to the Exchange website to carry out the trade.
• Mobile exchange apps are available 24/7/365 for the users, encouraging frequent trading, ultimately boosting the liquidity of the platform.
• Additional security features like 2 Factor Authentication and Biometrics can be included during the login. This adds as an extra layer for protecting your crypto account in the exchanges.

Exchange Owner Perspective

• Increases the user base count in the exchange, as mobile apps are handy and easily accessible.
• As trading can be carried out anywhere, the number of trades on the platform can be increased.
• Trading volume per second can be increased with a mobile crypto exchange app, as more users will download and participate in trading actively.
• As a large number of users actively participate in crypto trading, the overall revenue of the crypto exchange platform can be increased.
• An increase in the user base and user activity can be achieved through a mobile crypto exchange app, resulting in a trustworthy application. The trust built among the users will, in turn, increase the brand's reputation.

Popular Crypto Exchanges Offering Mobile Apps

Why Choose Fourchain for Developing Your Crypto Exchange Mobile App?

Fourchain, a leading cryptocurrency exchange development company , helps you in developing and launching your crypto exchange mobile app within a short period of time. We build your crypto exchange’s mobile app using high-end tech stacks for a smooth experience.

Building a crypto exchange mobile app can provide users with a secure platform for crypto trading with security features like 2 Factor Authentication and Biometrics Login.

Final Thoughts

Both mobile and web crypto exchange applications are beneficial in their own way. But launching a mobile crypto exchange platform can drastically increase the number of traders as users will be able to access the mobile application from anywhere and anytime.

A mobile crypto exchange app plays a major role in expanding the user base and boosting overall activity. It also strengthens the platform’s credibility. As user trust grows, the brand’s reputation and market presence naturally improve.

Talk to our experts to deploy your Crypto Exchange Mobile App in a short time period of time without compromising on the quality.