Crypto tools allow traders and investors to navigate the crypto landscape more confidently, leading to better decision-making. Users can track prices, organize portfolios and simplify accounting using these tools.
Coinmarketcap, a free collaborative platform that provides users with real-time price monitoring of over 1600 coins and tokens, as well as information on upcoming presale offers and coin listings, is one such popular tool.
Cryptowatch
Cryptowatch is a trading and charting platform designed for cryptocurrency exchanges, providing live price charts, market data, custom themes and API support for users to track portfolio performance. Owned by Kraken and known for their stringent security protocols – one of few cryptocurrency platforms never having experienced a security breach!
This platform offers several paid features, such as real-time price alerts and API access. Payment is through a credit system; when new users sign up they receive 250 credits that cost $0.01. Each credit costs just $0.01.
Users can connect their preferred exchanges to Cryptowatch by using API keys, then monitor portfolio performance and execute trades directly from Cryptowatch. Furthermore, traders can trade based on correlations – an option which helps identify currencies with strong relationships to specific markets in order to make more informed trading decisions.
DEXTools
DEXTools is a platform that provides users with access to real-time pricing data and the creation of trading pairs, as well as setting price alerts via desktop, email or Telegram. This feature helps traders and investors improve their performance by having up-to-date market information at their fingertips, and enables them to anticipate strategies which maximize returns on investments.
The platform offers both a free tier and premium version. The latter provides additional services like Bigswap explorer, multiswap, liquidity pool explorers that display how much liquidity there is on each pair as well as wallet trackers to provide users with valuable on-chain metrics.
Staying informed of your favorite cryptocurrency is made easy with CoinTracker, providing insights into market patterns. Furthermore, the platform plans on supporting centralized exchanges which should significantly expand its user base.
KeepKey
KeepKey is a non-custodial hardware wallet designed to enable users to safely store and exchange crypto assets. As one of the premier hardware wallets currently on the market, KeepKey works seamlessly with several software wallets for crypto transactions. Featuring an easy-to-read elongated display screen and convenient crypto transaction features.
Keepkey is easy to set up, connecting directly to any computer using its standard micro-USB HID interface. At initialization, Keepkey prompts users to create a 12-word mnemonic recovery phrase that should be written down and stored away safely should the device become lost or damaged.
The wallet’s user-friendly software enables you to interact with Dapps through its in-app browser and supports Wallet Connect integration, while also offering customizable transaction speeds and passphrase protection features. Furthermore, there is also a physical button which must be pressed before any transaction can be confirmed; this prevents accidental payments while protecting your private keys against hackers.
Coinbase
Coinbase is one of the world’s premier cryptocurrency exchanges, providing access to an extensive selection of cryptocurrencies with user-friendly functionality and educational content. Their selection features both popular cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) as well as lesser known digital tokens. Coinbase also provides developer tools, wallets and provides security through stringent regulatory compliance practices.
The company allows users to purchase cryptocurrency with bank account using ACH transfers, debit cards or money wires. They also offer a digital crypto wallet which stores both cryptocurrencies and non-fungible tokens; free to use with potential APY of up to 6% on staked coins.
The main exchange offers two trading tools – simple trade and advanced trade – each with different transaction fees depending on their purpose. Additionally, there is also an advanced pro version with charting tools and real time order book access available to more advanced traders.
