About 1.6 million people worldwide use cryptocurrencies as of the first quarter of 2022. This number is expected to rise as more people discuss crypto online, more businesses start to accept payments in Bitcoin and other tokens, and more companies decide to pay salaries in crypto.
The demand for crypto apps has also increased in recent years, considering that apps are easier to access and navigate on a smartphone compared to a website. And if you’re new to the crypto market, we’re here to introduce you to the easiest crypto app available and the best one we can recommend for beginners. Create an account on the platform now.
What to Look For in a Crypto Wallet App
Crypto beginners must consider several factors when choosing a crypto wallet app. These include but are not limited to the following:
1. Ease of use
A crypto app that has a good user interface and user experience makes each transaction much more efficient. This can also help you prevent mistakes that may lead to the loss of assets.
2. Regulation
Opt for a crypto app that conducts thorough know-your-customer (KYC) processes for legal compliance and proper verification of users. This can protect you against anti-money laundering (AML), fraud, and other illegal activities.
3. Security
Be sure to go for a crypto app that uses good security measures, such as two-factor authentication, to prevent losing assets due to hacking or other security breaches.
4. Transaction fees
Many crypto apps obtain revenue from transaction fees, but these fees often vary in percentages. We recommend that you look for an app that requires lower transaction fees or at least offers discounts or reward programs that help minimise deductions on your assets.
5. Features
Crypto apps may also vary in features and functionalities. Some are dedicated to spot or futures trading, some for storage, and others for sending and receiving crypto payments. Be sure to research various crypto functionalities and choose a crypto app that offers (if not all) what you need most.
Ka.app: The Crypto Wallet App for Crypto Beginners
In view of the factors you must consider in choosing a crypto app, we recommend that you sign up on Ka.app, a crypto app that enables users to receive and send crypto quickly in the easiest way possible.
While some crypto apps demand long wallet addresses, network types, or destination tags to facilitate a transaction, Ka.app only requires a QR code or phone number, plus a pin code to proceed. It has two-factor authentication, follows delicate KYC processes, and strictly adheres to AML guidelines to verify users and protect them against illegal activities. The app also has live chat support so users can raise questions or concerns and receive assistance as soon as possible.
The first version of Ka.app accepts four cryptocurrencies: Bitcoin, Ethereum, Tether, and the KASTA crypto token. However, a newer version of the app, which is already under development, will accept more cryptocurrencies (such as Polygon) and fiat currencies (such as the Euro and U.S. Dollar). Ka.app is only available in the European Union (EU) as of writing, but the Ka.app team is also planning to extend its services to other parts of the globe.
Features to Look for in a Crypto App
Crypto beginners must consider several factors when choosing a crypto wallet app. These include but are not limited to the following:
1. Sending crypto
Ka.app users can facilitate cross-border crypto transactions quickly for minimal transaction fees. You can pay another Ka.app user in crypto and they’ll receive the payment within a few seconds.
2. Receiving crypto in your preferred currency
Ka.app contains a feature called the Easy Swap Engine which enables users to receive crypto payments in their preferred currency in just a few clicks. Therefore, if someone wants to send you Tether, but you only want to receive Bitcoin, you can set up the Easy Swap Engine to automatically convert Tether payments (or all currencies) you receive into Bitcoin.
3. Crypto deposits and withdrawals
Ka.app users can safely deposit and/or withdraw crypto from an external wallet by simply copying a wallet address and entering their PIN code.
4. Direct crypto conversions
Another swapping feature available in Ka.app is the ‘Swap’ button. It allows you to directly exchange a specific currency for its equivalent value in another currency. For example, if you hold €200 worth of Bitcoin and you want to swap half of it for Ethereum, you can use the Swap functionality to convert €100 worth of Bitcoin to its equivalent in Ethereum.
Those from the European Economic Area (EEA) can also convert crypto to euros and vice versa.
5. Lockups
If you're a KASTA token holder, you can lock up your tokens in Ka.app for six months and enter tiers that offer annual percentage yields (APYs) up to 15%, discounted conversion fees, and other exclusive benefits.
6. Crypto Referral Program
Ka.app offers rewards to users who have convinced friends to sign up on the app using a referral link. The user who signed up using the referral link will also receive a reward.
Final Thoughts
Ka.app is a crypto app with a purpose. It aims to help people transition to a crypto-based economy by facilitating quick yet affordable crypto transactions. Its progressive web app is available in nearly 180 countries/locations, so you can easily make cross-border transactions. Create a Ka.app account now to learn more.
