5 rows · Jul 23, · If you want to be hands-on with your bitcoin investment and trade in and out of the digital. Best Cryptocurrency & Bitcoin Trading Tools. BACK TO HOME. Cryptolinks - Best Cryptocurrency & Bitcoin Sites List of ! Cryptocurrency Trading Tools; The most important aspect of a profession is the tools used to carry out the work. You don't expect a farmer to make use of his bare hands to work when there are tools. To farm, there are. 11 rows · Dec 08, · Best Crypto Trading Exchanges. Our top picks for the best platforms to trade 5/5.
Best tool for trading bitcoin13 Best Crypto & Bitcoin Trading Tools Of
TradingView enables users to leverage a variety of technical analysis tools to analyze the price movements of bitcoin and other assets. Coinigy not only provides historical and real-time price data on a wide range of digital assets, but it also provides excellent charting tools and links in with several exchanges.
Coinigy allows both financial institutions as well as individual traders to deposit funds, monitor their portfolios, analyze market trends, and execute their trades all in one place. If you are looking to actively manage a broad portfolio of digital assets and you prefer to do that using only one platform, then Coinigy is your go-to solution. Coinigy goes beyond being a charting tool to providing a one-stop shop for digital currency investors and is therefore definitely worth its comparatively high fee.
For serious investors who are taking an active portfolio management approach, TradeBlock offers an excellent suite of trading tools, including charts, order management, blockchain analysis, mining data, and more. CoinTracking enables users to keep track of all their digital currency investments in one place and provides a "charts and trends" feature that allows users to deploy a range of technical analysis indicators to discover trends for all their favorite digital currencies.
This is becoming an increasingly important issue for bitcoin traders, as tax authorities and financial regulators are starting to keep a close eye on digital currency trading activities. In , the company was purchased by leading digital asset exchange Kraken, which has contributed more resources to improving the platform as it has now become part of its exchange's product offerings.
Sign Up. You should, too. TradingView is one of the most established charting tools in the market. Coinigy was launched in to provide professional digital currency traders with tools and market data to help them make better investment decisions. If, for some reason, you hate CoinMarketCap, you should refer similar crypto tools for crypto price tracking. For my personal use, I use CoinMarketCap and some of the alternatives of CoinMarketCap to double-check everything while making crypto trades.
While dealing with cryptocurrencies, you need to have a steady head and sometimes also exit from the market to sit around see the market movements.
Whether you keep your coins on easily hackable exchanges or withdraw them to non-custodial wallets to peacefully enjoy the market movements? Once I had kept a significant amount of Cryptopia exchange when there was no plan to trade my coins, and needless to say, I was hurt when I lost my coins.
Thereafter learning my lesson, I have started keeping my coins on Ledger Nano X for peace of mind and higher security than exchanges. I do this, especially when I know I am not going to trade for the next few days or weeks. Buy Ledger Nano X Now.
When you are aggregating your trading window using TradeSanta or 3Commas to be omnipresent on multiple exchanges, why not to do the same for your crypto news. It gets influenced by news and rumors, so you must keep an eye on all the latest sources. But popping your head on Twitter, Google, Facebook, Reddit, etc.
Hence having a crypto tool like CryptoPanic makes life easy. Using it, you can aggregate your crypto news from multiple sources and consume as well as compare it at the same place. Coindar is another favorite tool of mine on which I rely on in this wild world of crypto.
I have been using this tool since and have made some trading calls based on its calendars to fetch decent returns. Coindar is a cryptocurrency calendar first will other additional benefits. It tells you, date wise what is happening with a particular cryptocurrency. For example, if you want to know what Zilliqa is upto in the next few weeks, you can check at Coindar. Or you wish to know when the next Ethereum hard fork is? You can understand that using Coindar and also receive real-time updates in the form of notifications for your favorite coins or blockchain projects via mail, Telegram, WebPush.
Using this info, you can do your fundamental analysis and factor it into your technical analysis to make educated decisions while trading in cryptocurrencies. Check Coindar Now. These cryptocurrencies at the end of the day are mere softwares.
No matter how good a whitepaper or how pretty the trading chart might look, but it all comes down to the software code. If actual work of code is happening, you can say a cryptocurrency is alive. If not, it is already dead, and the death is just waiting to get manifested through the market. This is, after all, the most fundamental matrix of any cryptocurrency.
So using the insights gained from using CoinCodeCap like crypto-tool, you can significantly improve your decision making in the cryptosphere.
Try CoinCodeCap Now. I have purposely kept TradingView at this position because I have assumed that you must be using it already or something similar.
TradingView needs no introduction and is one of the biggest providers of charts for stocks, bonds, derivatives, forex, and crypto markets. Many crypto trading OGs use TradingView, and it does a pretty excellent job in providing you the data as well as the tools you need to make your technical analysis perfect. But if for some reason, you hate TradingView, I urge you to look at these TradingView alternatives to create your custom trading strategy. Try Trading View Now. When there is so much information sloshing around, especially in the cryptosphere, you need something reliable.
Plus, not everyone has the time to consume something as it is produced as it is the case with crypto aggregators like CryptoPanic. It does a fantastic job of cutting noise by aggregating time tested and relevant crypto information.
It produces new content as well each month in the form of a report which you can read while sipping your coffee. Checkout Crypto Research Report. If you think your trading positions are correct and you want to HODL those positions, Shrimpy is the way to do it. Shrimpy is a crypto portfolio manager who does the job of automated rebalancing for your crypto portfolio, which helps you in minimizing losses and maximizing profits.
It also a crypto trading tool that lets you get connected to various exchanges and helps you formulated winning trading strategies based on its advanced backtesting features. Try Shrimpy Now. If for some reason, you want a dedicated portfolio manager, you should look no further than CoinTracking. CoinTracking is a crypto tool on which you can rely, and thousands of customers around the world have been using it since It is a crypto portfolio tracking tool that syncs with various crypto markets for real-time pricing to show you accurate reports of your portfolio.
If you are a serious cryptocurrency trader and do not wish to get disturbed by tax authorities, it is advisable to use dedicated crypto taxation tools such as Token Tax.
Token Tax is based out of the UK and is helping many users around the globe to comply with their tax authorities on crypto tax matters. Lastly, if you want a human touch and want to interact with the staff of accountants and crypto tax professionals to get rid of your crypto tax liabilities, Token Tax is the way to go!!
Try Token Tax Now. In my opinion, these are some of the crypto tools one should use to effectively trade cryptocurrencies and avoid being Rekt either from the markets or the government authorities. Of course, by no means, it is an exhaustive list, and I will keep adding more free as well as paid crypto tools to make your journey safe in the realm of cryptocurrencies. Untill that time keep learning and keep contributing to the crypto revolution.
Having a backup is always good option. Written By Sudhir Khatwani.