Essential Tools for Day Traders: Monitor the Cryptocurrency Market On The Go

Essential Tools for Day Traders: Monitor the Cryptocurrency Market On The Go

In the changing landscape of the internet today, it gets harder and harder to find tools that don’t require you to sign up and subscribe to get access to data and tools. It’s understandable - everyone is building an audience these days. But then sometimes you just really need to quickly check an exchange rate or a DeFi metric on the go!

Whether you’re a day trader, a derivatives enthusiast, or an arbitrage system builder, having the right tools at your disposal can streamline your trading and help you stay ahead of the curve. In this article, we’ll explore a selection of essential tools that allow you to quickly check market metrics, track prices, and analyze trends.

From charting platforms to specialized converters, these tools will empower you to navigate the dynamic landscape of cryptocurrencies with ease.

DeFiPulse : DeFiPulse is a widely recognized platform that tracks the total value locked (TVL) in various decentralized finance (DeFi) protocols. It provides users with insights into the most popular and significant projects in the DeFi space. With DeFiPulse, users can stay updated on the growth and trends of the DeFi ecosystem, empowering them to make informed investment decisions.

Rarible : Rarible is another prominent NFT marketplace that empowers creators and collectors to mint, buy, and sell their digital assets easily. It offers a user-friendly interface and allows users to create their own NFTs without much technical knowledge. Rarible supports both Ethereum and Flow networks, making it an accessible platform for NFT enthusiasts.

CoinGecko : CoinGecko is another well-known platform that offers comprehensive cryptocurrency market data. It provides users with information on prices, market capitalization, trading volume, and a range of other metrics. CoinGecko also offers a portfolio feature, where users can track their cryptocurrency investments. With its user-friendly interface and advanced features, CoinGecko is a valuable tool for traders and investors alike.

TradingView : TradingView runs a subscription model, but it does let you access some tools for free. And boy is it worth it. It is a powerful charting platform that allows users to analyze price movements across various markets, including cryptocurrencies. It offers a wide range of technical analysis tools, indicators, and drawing tools. Users can customize charts, set alerts, and even share their ideas with the TradingView community. With its extensive charting capabilities and social sharing features, TradingView is a favorite tool among traders who rely on technical analysis.

Exratex : Exratex.com is a convenient currency converter designed specifically for checking the fiat value of cryptocurrencies. It offers a seamless and user-friendly interface that allows day traders and enthusiasts to quickly and easily convert crypto values into various fiat currencies. As you can see at https://exratex.com/, the converter supports a wide range of cryptocurrencies and provides up-to-date exchange rates, ensuring users have access to accurate and reliable data.

CoinStats : CoinStats is a popular cryptocurrency portfolio tracker that provides users with real-time prices, portfolio performance tracking, and personalized alerts. It supports multiple exchanges and enables users to sync their portfolios automatically. CoinStats also offers a feature that allows users to stay updated with the latest news and market trends. With its all-in-one portfolio management and real-time data tracking, CoinStats simplifies the process of monitoring and managing cryptocurrency investments.

CryptoCompare : CryptoCompare offers a wide range of tools and data for cryptocurrency enthusiasts. It provides users with real-time and historical prices, as well as trading volumes and market data across different exchanges. CryptoCompare also offers a portfolio feature and allows users to compare cryptocurrencies based on various metrics. Its comprehensive data and intuitive interface make it a valuable resource for traders and investors.

OpenSea : OpenSea is the largest marketplace for non-fungible tokens (NFTs). It allows users to buy, sell, and discover a wide variety of digital assets, including art, collectibles, virtual real estate, and more. OpenSea provides handy filters and sorting options to help users find NFTs based on their preferences and budgets. For those interested in the world of NFTs, OpenSea is an essential platform for exploring, trading, and collecting digital assets.

Nifty Gateway : Nifty Gateway is a platform focused on curated digital art and collectibles. It collaborates with various artists and brands to offer limited edition NFT drops and collections. Nifty Gateway provides a seamless user experience for collectors to discover and purchase NFTs from renowned artists. With its exclusive offerings and partnerships, Nifty Gateway caters to collectors who appreciate unique digital artworks and collectibles.

With the dynamic nature of the cryptocurrency market, having the right tools is crucial for day traders and enthusiasts alike. The tools mentioned in this article, from comprehensive platforms like CoinMarketCap and CoinGecko to specialized platforms like Exratex.com and Nifty Gateway, provide valuable resources to monitor, analyze, and trade cryptocurrencies. By leveraging these tools, traders can enhance their decision-making process and stay ahead in the ever-evolving world of cryptocurrencies.