The Top 5 Cryptocurrency Trading Tools
The world of cryptocurrency is one that has continued to evolve since the inception of digital currencies, and with its evolution came different tools to help cryptocurrency users trade better on the crypto markets available. At the moment there are various types of cryptocurrency trading tools that can help facilitate seamless cryptocurrency trades on the market, but as with a lot of systems, some are better than the others. Cryptocurrency trading tools help the crypto trader monitor the markets, provide analytics that serve as determinants to ascertain whether to trade or not, and some tools take it further by being automated to trade on behalf of the users. As earlier stated, there are several cryptocurrency trading tools available, but here are the top 5 cryptocurrency trading tools to help you in your journey through crypto trading.
This is a cryptocurrency trading software that gives the user the opportunity to automate, diversify their cryptocurrency investments, and earn profitable from their investments. One of the prominent features of the platform is the ability to re-balance trade techniques; thus it is able to automatically sell high or buy low, depending on the market trends and analytics, and this is a good development, as it helps maximize profits and minimize risks.
Are you looking for a trading bot to fit into the modern-day cryptocurrency trading? Then you may want to try 3commas, as the bot was created to make trading as easy as possible. With 3commas users can connect to exchanges such as Poloniex, Bittrex, and Binance via the platform’s single interface, and thus it makes it easy for the trader to simultaneously carry out trading decisions on the three exchanges. Furthermore, traders also have the ability to perform social trades by copying the portfolios of traders with impressive portfolio growth.
i-Pandora is an exchange platform ecosystem. The i-Pandora platform takes it a notch higher by offering cryptocurrency traders educational, analytical, and intelligent solutions to facilitate profitable and seamless crypto trading. Users can sync their favorite cryptocurrency exchanges directly into the MetaTrader5 software via i-Pandora. Hence, crypto traders will be able to have proper analysis about the market trends. Furthermore, i-Pandora offers the Pandfolio app where users can have their multiple crypto investment portfolios tracked and managed efficiently and effectively, in order to enhance productivity, and thus, increase profitability. It will interest you to know that the Pandora platform is not just for cryptocurrency, but users can also carry out Forex trades on the platform.
This is another impressive manager for crypto traders, and it is simple enough for beginners to get a hang on it. The user interface may seem outdated compared to some other more modern user interfaces of crypto trade platforms; however, the Cointracking tool is intuitive and gives users charts and graphs based on the market trends and the user’s portfolio attitude. The platform makes it easy for users to track the cryptocurrencies in the portfolio on different exchanges. Cointracking is available as a web application and also on mobile devices as an application, and there is the paid version and free version.
You may think it does not count for much, but the CoinMarketCal plays an important role in providing authentic news about the various cryptocurrencies and their performance in the market. There is over 92% accuracy with the news because it is evidence-driven and verifiable. It is always good to be in the know when it comes to investing in cryptocurrencies, because we are well aware of the fact that their status can change within seconds, and it is always good to be up to date with the latest news in the industry, as it will enable make some very important decisions on your trade, and he CoinMarketCal is just the right platform to help you with such info.
There are other tools out there; however, it is important that you do not just use any tool, as some of them could be ineffective or fake. We encourage users to do their due diligence before accessing tools within the cryptocurrency sector. Make sure you are accessing your valuable cryptocurrency via a resource which is trusted and reliable.
Learn more about i-Pandora online at https://www.i-pandora.com/en