11 Best Crypto Exchanges and Apps of December 2022 - NerdWallet (2024)
Buying crypto within cash and payment apps
A number of cash and peer-to-peer payment apps now allow users to buy and sell Bitcoin. On balance, these apps are more limited in what they offer than the exchanges and brokers above.
CashApp
CashApp, a peer-to-peer money transfer system run by Square, allows users to purchase and sell Bitcoin. Unlike other cash apps noted here, Cash App allows users to transfer their Bitcoin to their own cryptocurrency wallet. Cash App charges a fee depending on price volatility and market trading volume, which it reveals at the time of purchase.
PayPal
PayPal allows users to purchase and sell Bitcoin, Ethereum, Litecoin and Bitcoin Cash. Fees include an estimated 0.5% trading fee (this may vary depending on market conditions) and a tiered transaction fee that amounts to $2.49 for $200 in Bitcoin.
PayPal allows purchases to be made with crypto where available, but you will need to pay taxes on the sale of Bitcoin on top of any taxes related to the purchase of the goods or service.
Venmo
Venmo also offers Bitcoin, Ethereum, Litecoin and Bitcoin Cash. Venmo, which is owned by the same company as PayPal, has a similar fee structure: estimated 0.5% trading cost, with a fee structure that amounts to $2.49 on a $200 purchase.
It has been the second-largest cryptocurrency for years, so most crypto investors know about it, and many already own some. While we're probably past the point where Ethereum shoots up by 10,000%, it still has serious growth potential.
Calvaria has the potential to explode come December, which is why it's getting increased attention from investors and gamers across the globe. This altcoin hopes to draw both conventional and cryptocurrency gamers. Additionally, Calvaria will offer free-to-play and P2E gaming.
You can benefit significantly if you get into these penny cryptocurrencies; D2T, IMPT, and $RIA have a high potential for a 1000x gain other than bitcoin.
RobotEra – Innovative Metaverse P2E Crypto with Potential to Explode in 2023. Calvaria – Top Play to Earn Crypto Game Offering Multi-Purpose Tokens. IMPT – New Eco Friendly Presale Project with Vital Real-World Use Case. Tamadoge – Deflationary P2E Cryptocurrency with Strong Potential to 100x.
Choosing which of the penny cryptocurrencies to invest in can be difficult. Still, some of them, like Dash2Trade (D2T), Impt.io (IMPT), and Tamadoge (TAMA), present fantastic financial potential, and they are our top three cryptos.
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