
What is the Best Platform to Monitor Cryptocurrency
An experienced crypto trader should have a set of useful tools that will help him most effectively play the market. There are many good services and tools for beginners to navigate the large cryptocurrency field, and for experienced traders and investors to follow market changes and trends.
CoinMarketCap is the Famous Service for Monitoring Cryptocurrency Rates
CoinMarketCap is a free tool for surface analysis of cryptocurrencies. If you are looking for a crypto arbitrage trading platform you should check this service too to get more experience. If a new coin appears on the market, all information about it will appear on this website very fast. Information is updated every 5 minutes.
On the main page, you will find many useful data:
the amount of currency in circulation;
the rating of coins by capitalization;
trading volumes per every day;
indicating prices, etc.
By clicking on a specific coin, you can study its cost graph in more detail, check the official website of the project, or view development data. СoinMarketCap works stably and looks simple and clear. It quickly provides the necessary information.
Many traders who earn their money on quant crypto trading platforms use CoinMarketCap to monitor cryptocurrency rates. But during the last years, many other useful features have appeared there, such as creating a crypto portfolio, a separate calendar of token sales and airdrops, many educational articles, and much more.
Cryptocurrency Monitoring with CoinGecko
CoinGecko is one of the first major cryptocurrency data aggregators, operating since the beginning of 2014. Currently, the site provides fundamental market analysis and tracks over 6,317 cryptocurrencies from 435 exchanges.
The platform features allow you to:
monitor prices for cryptocurrencies;
check data about the trading volume and market capitalization;
view statistics on the activity of developers;
get news about noteworthy fundamental events and intranet indicators.
compare exchanges and view indicators On Chain.
CryptoCompare
CryptoCompare is a huge portal about cryptocurrencies with charts, statistics, useful articles and educational materials, news, and forum. The platform allows you to track your personal investment portfolio.
The website has sections for traders, investors, miners, and beginners. There are reviews and ratings of crypto platforms, wallets, ASICs, and ICO projects. If you are searching for a suitable crypto platform for compound interest, you can start by doing market research on this website.
A visitor can create a profile, subscribe to companies of interest or cryptocurrencies, check transactions on different trading platforms, learn interesting historical information, and analyze the impact of social networks on the market. Price data on the website changes in real-time.
The public release of CryptoCompare took place in 2015. The site was developed by a team from London, maybe that's why it only works in English. At first, CryptoCompare's capabilities and the amount of information can be confusing, but once the adaptation period has passed, it will be difficult to leave the portal.
Coin360
Coin 360 is the project of the Cointelegraph edition. The resource only shows data on the capitalization and rates of cryptocurrencies. But it’s one of the best crypto visualisation platforms.
The website is a single tiled chart, with each coin assigned a rectangle. The size of the coin depends on the market share. The color of the tile corresponds to the exchange rate. If the price goes down, the tile becomes red. If it goes up, the color turns green. If the price doesn’t change, the coin remains gray.
When hovering over a tile, a window appears with a price chart, daily dynamics, trading volumes, market capitalization, and the protocol on which a particular cryptocurrency works. For traders who decide to make their profit on the best platform to short crypto, this service will be very useful to build a good strategy.
You can filter data by currency type and time, delete unnecessary coins, and configure other settings by using the side menu. To consider the smallest altcoins, you need to zoom in on the chart. Despite the poor functionality, Coin360 can quickly and visually present both the state of the whole market and a particular currency.
There are many other different services for monitoring cryptocurrency rates that have a wide range of useful features necessary for a trader. After careful searching, you are sure to find a resource that is right for you. And if you have been in the cryptocurrency market for a long time, you may start thinking about launching your own crypto project. To do this, seek advice from BEUROP specialists who have extensive experience in implementing projects of any complexity.