Crypto tools are software programs designed to streamline and automate investment and trading processes for users, while simultaneously minimizing human error risk and providing advanced analytics and tracking capabilities.
These tools are invaluable for cryptocurrency traders or investors, enabling you to track prices, identify new coin listings, and detect presales – some even provide comparison tables or graphs!
DEXTools
DEXTools is a platform offering many features designed to assist DeFi traders navigate the DeFi ecosystem. It offers real-time data and allows users to track their favorite pairs, set alerts and create innovative trading strategies. Furthermore, its ability to anticipate market movements and search for large spreads makes DEXTools free to use and available both desktop and mobile users.
The DEXTools dashboard presents a selection of popular tokens with their prices in real time and allows for monitoring their prices history and price action chart. Furthermore, its P&L tracking feature helps users document trading decisions to create successful strategies over time.
This platform also includes a Big Swap Explorer that provides insight into large transactions and their effect on token prices, while at the same time working to expand its offerings, including support for centralized exchanges like KuCoin. Furthermore, Crypto Notifier provides useful notifications which help traders make informed trading decisions while mitigating risks.
Shrimpy
Shrimpy is an accessible crypto trading tool with numerous features that make it simple for novice traders to use. These functions include index automation, portfolio rebalancing and backtesting; users can also copy trades from other traders while earning small monthly payouts from them.
This platform also boasts outstanding security measures to safeguard user coins and keys. These include two-factor authentication and API encryption to prevent data breaches or interception; they support major exchanges while working to add more.
Shrimpy stands apart from other crypto trading bots by employing basic risk management strategies like dollar-cost averaging and automatic rebalancing to keep cryptocurrency portfolio risk at a minimum. Users can create customized trading portfolios and strategies by tweaking parameters of its smart indexing tool or backtesting features; these tools give them insight into how their exact strategies would have performed under past market conditions.
Glassnode
Glassnode is an online platform offering on-chain data and intelligence for the cryptocurrency markets. It makes abstract blockchain data easily comprehensible for investors, traders, researchers, analysts and others in order to weigh their decisions when making investments or trading in crypto assets. Glassnode also features tools designed to assist users navigate this industry – studio feature and customizable dashboard are among them – in addition to supporting some of the most widely held cryptocurrencies, including Bitcoin.
The site’s insights section offers weekly on-chain reports with analysis and professional perspectives from both newcomers and experienced traders alike, along with an ever-expanding knowledge base featuring articles about unspent transaction outputs (UTXOs), market indicators and other topics related to cryptocurrency. With its intuitive user interface making learning the latest developments easy for early adopters as well as novice traders alike; users can also track portfolios to identify concentration or diversification issues while setting alerts for specific metrics and parameters of interest – this free site even allows early adopters who can upgrade for additional metrics or data!
Cryptowatch
The platform provides free price charts for cryptocurrency investments as well as analytical tools. Furthermore, it displays correlations between markets to help traders with trading. You can even connect it to Google Sheets for real-time data.
Cryptowatch is an easy and quick app that does not demand much computational power. It consists of boards containing different modules such as charts, order books, summaries and tickers; additionally there are numerous interface themes and customizable layouts.
Users can connect their preferred exchanges using API keys generated by each site and begin trading directly from the program. They can also view the performance of existing holdings in a portfolio section and view results of trades directly within the portfolio section. While not offering advanced order types like position traders require, this app deserves consideration nonetheless and comes both in web browser form as well as desktop version for convenience.
