Crypto currencies have stormed the world in 2017. Bitcoin, the most popular crypto to date, has even reached unimaginable heights as its price peaked at a whopping $20,000 last Dec. 2017. But now, after a significant drop it is currently sitting at the $6,500 mark.
If anything, this has shown just what an unpredictable and lucrative investment crypto currencies are, not only for investors but for ordinary people who want a more convenient way of sending and using alternative stores of value. It’s important for everyone to know how to deal with this new phenomenon, and whether or not they’re going to hop onto the crypto craze.
After all, digital currencies are the inevitable future of the economy, right? One way of taking part in this new digital revolution is by knowing the best crypt tools. We’ve compiled a list that we use and
TradingView is one of the most popular charting and trading platforms in traditional markets and crypto. It’s even regarded as the leader in the market! This functions as a social network for crypto traders, and a charting software service that covers most exchanges and coins. You can choose between the limited free version and the paid subscription option.
Its alerts you if a personalized update happens and allows you to create your own notification benchmark. A good example would be this: TradingView will notify you once the price of Bitcoin reaches $15,000, with that amount being set by you as your benchmark.
The Stock Screen feature also lets you easily filter stocks depending on the specified metrics. Traders and investors will greatly benefit from this because it gives you an easy and in-depth access to various statistics in the market.
TradingView is great for publishing ideas and accessing real-time updates. It also has a user-friendly text note tool that lets you write down your plans as you view the chart in real-time.
The news feed sometimes lags, and it’s hard to know if chart drawings are saved or not. Basic features such as multiple-chart screen and customer service aren’t available in the free version.
Coinigy is one of the leading technical analysis tool in the world of crypto. This is one of the most user-friendly charting apps, making it the tool of choice for beginners. It’s also a trading platform where traders can converge and settle for the best crypto bargains.
It lets you trade with different crypto currencies on various exchange platforms. Prices and trends are laid out, making it easy for you to decide which crypto to trade and which platform to facilitate the transaction.
You also have access to over 75 technical indicators that makes direct trading possible. A comprehensive set of up-to-date insights are also accessible for better market awareness.
Chart analysis graphs are sleek and professional-looking, as well as the actual design of the app. You’ll save lots of time with this thanks to its cross-platform trading that runs fast. There’s also no extra hidden fees when trading.
You can’t test trade when you’re under the free trial. It also has synchronization issues due to its slow database.
Then there’s Blockchain.info, a crypto wallet/Bitcoin explorer service. It supports top cryptos like Bitcoin, Ethereum, and Bitcoin Cash. Statistics, charts, and various market information are also presented on the site, making this a comprehensive resource for all-things-crypto.
You can buy and sell virtual currencies in the blink of an eye without having to worry about security issues. Storing your Bitcoin funds in this online wallet is also possible. It’s accessible anytime and anywhere.
Blockchain.info has multiple security features that eliminate the threat of hacks even if it doesn’t require any verification documents. There are no hidden charges.
Bitcoin and Ethereum are the only cryptos accepted by the wallet. Its customer support is limited and it doesn’t accept fiat currencies.
Cryptolume is a tool that analyzes the latest trends of cryptocurrencies. It helps you make the right decisions when trading your cryptos, making this ideal for traders and analysts. You’ll surely have a firmer grasp on the crypto community because it notifies you if significant changes happened.
The Table of Movement gives you a bird’s eye view of all cryptocurrencies. You’ll find live data in the page, as well as coin movements in different time intervals. Meanwhile, the Table of Events helps you forecast future trends. It’s like an automated news-reporting feature that keeps you up-to-date.
It can save you lots of time thanks to its market scanning assistant. You’ll learn many valuable insights, making this very useful for crypto analysis.
Its interface isn’t very user-friendly. If you’re new to the concept of crypto trading, then this one isn’t for you.
CoinMarketCap is one of the most reliable crypto price checkers in the market. At the same time, it also functions as a market cap analyzer and portfolio tracker, making this very useful if you want to invest in the crypto market.
You can keep track of your investments and add transactions using the crypto portfolio feature. Keeping an eye on more than 700 crypto coins is also possible with its crypto tracking feature.
It’s a great tool if you want to have a general overview of the market. It’s packed with information and various statistics. You’ll also find the interface to be very fast and responsive.
The prices aren’t that accurate as it isn’t always updated.
ICODrops is a nifty tool that keeps you up-to-date with Initial Coin Offerings (ICO’s) and the crypto world. You’ll know which active ICOs you can invest in, and see if there are upcoming ICOs.
The metric shows the profitability of each crypto exchange. This lets you know if it’s worth investing on that platform or not. Meanwhile, the info and analysis system have an interest level feature that lets you know if it has attracted enough investors, enough to call it trustworthy.
The interface is pretty compact and straightforward, making it easy to use. The information found in the site is also accurate.
It lacks additional info about the coin price of the ICO. This is very important especially if you want to calculate the profit.
Blockfolio Bitcoin is a cryptocurrency management tool that keeps track of your crypto investments. You need this if you’re new to crypto trading because of its many functional features.
The Portfolio Overview feature lets you check your crypto investments, along with the details of each digital coin. Its integrated CoinDesk feature also keeps you up-to-date with the latest happenings in the crypto world.
This is a comprehensive resource that gives you total control over your crypto investments. The way it presents data and statistics is orderly.
It lacks any recovery back up method. The notification alarms are also a bit annoying.
ICO Stats is another useful tool if you’re into ICO’s as it monitors their behavior in the market. You’ll also find the weekly gains of cryptos, together with its initial price and current price.
You’ll find all the information you need on a particular ICO. It shows you available and upcoming ICOs you might be interested in. Aside from that, it also has a profit calculation feature you can use to see if it’s profitable to invest on a particular ICO or not.
It has a user-friendly interface that’s jam-packed with free information. The way it compares valuable statistics is done in a neat and understandable fashion. What’s best about this is that it doesn’t have any ads!
The features are limited. This deals with only two cryptocurrencies, namely, Bitcoin and Ethereum.