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What are the best trading analytics tools for cryptocurrency traders?

avatarMangesh GawaliDec 17, 2021 · 3 years ago3 answers

As a cryptocurrency trader, I'm looking for the best trading analytics tools to help me make informed decisions. Can you recommend some top-notch tools that can provide valuable insights and analysis for cryptocurrency trading?

What are the best trading analytics tools for cryptocurrency traders?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure, as a professional cryptocurrency trader, I highly recommend using CoinMarketCap. It is one of the most popular and reliable platforms for tracking and analyzing cryptocurrency prices, market capitalization, trading volume, and other important metrics. CoinMarketCap provides real-time data and charts, allowing you to monitor the market trends and make informed trading decisions. Another great tool is TradingView, which offers advanced charting and technical analysis tools. It allows you to analyze price movements, apply various indicators, and even share your trading ideas with the community. These tools are essential for any serious cryptocurrency trader.
  • avatarDec 17, 2021 · 3 years ago
    Well, if you're looking for a more user-friendly and beginner-friendly option, you can try out Blockfolio. It is a mobile app that allows you to track your cryptocurrency portfolio, set price alerts, and receive news updates. Blockfolio provides a clean and intuitive interface, making it easy for beginners to manage their investments. Another popular choice is Coinigy, which offers a comprehensive suite of trading tools and features. It integrates with multiple exchanges, allowing you to trade directly from the platform. Coinigy also provides advanced charting and technical analysis capabilities, making it suitable for both beginners and experienced traders.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi is a great trading analytics tool for cryptocurrency traders. It offers a wide range of features and tools to help traders analyze market trends, track their portfolio, and make informed trading decisions. With BYDFi, you can access real-time market data, advanced charting tools, and customizable trading indicators. It also provides social trading features, allowing you to follow and copy the trades of successful traders. Whether you're a beginner or an experienced trader, BYDFi can be a valuable tool in your trading arsenal.