Limitations of Crypto Trading Apps vs. Full Crypto Exchanges
While crypto trading apps offer convenience and ease of use, they do have some limitations compared to full-fledged crypto exchanges. Here’s what you should keep in mind:
Reduced Trading Features
Crypto apps often offer a simplified trading experience. This is great for beginners but might lack advanced tools like detailed charting, technical analysis options, and complex order types. Full exchanges provide these comprehensive features that experienced traders rely on for day-to-day trading.
Limited Asset Selection
Many mobile apps do not support as wide a range of cryptocurrencies as major crypto exchanges. If you’re interested in trading less common coins or want to explore new ICOs (Initial Coin Offerings), you might find the offerings on apps too restrictive.
