Introduction

Not too long ago, I started exploring the Kucoin exchange platform. I have written some articles before now about some really cool features that I have discovered on the Kucoin mobile app. I love what I have seen so far on this app, which is why I decided to explore and more - and I have discovered yet more useful features.

So in this article, I will share with us some features that I found out in this app that can be super useful to people that are venturing into crypto trading for the first time. The features I will describe her will be especially valuable to traders that buy, hold and sell cryptos over a shot term period.

So in this tutorial, we are goin to see the following:

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Some Kucoin features that show the movement of coins in the market

First of all, I will describe some of the features. Then, I will demonstrate how to access them on the mobile app.

1. Discover Page: The discover page is one of the links on the Kucoin Markets Page. The discover page helps you learn about various market elements and indicators. It also contains some categorizations of coins and how they are performing in the market. The first major element on this page is called Market Segmentation.

2. Market Sentiment: The market sentiment is an indicator of the general view of traders in the crypto market expressed by the actions they take. These actions may include buying cryptos, holding cryptos or selling cryptos. The overall market sentiment will determine the direction of movement of crypto prices long-term or short-term. Market sentiment is determined by observing key trading elements such as capital inflows, market trading volume and other elements.

The market sentiment can be high or low. This also affect cryptos based on their market capitalization. When the market sentiment is high, this will result in the sharp rise of crypto prices. At this point, its best to invest in coins that has low market capitalization. When the sentiment is low, prices will drop gradually. That favours coins with large capitalization such as BTC, ETH and others.

By watching the market sentiment indicator, you can determine whether it is low or high. A reading of 50 and above show its high.

3. Sector Page: The sector page categorizes all the cryptocurrencies into various sectors. These sectors are their use in the crypto industry. The sectors not only lists coins that are there, but it shows how each sector generally is performing. Coins in each sector will either be going up, going down, or remain steady. The top coins in each sector are usually featured. When you go right into the sectors, you will see how all the coins are doing.

Now we are going to see how to access each of the features mentioned above and see how the performance of the coins their will help you make trading decisions.

Accessing the Discover Page and Market Sentiments

Make sure you have downloaded the Kucoin app, possibly create an account before you can follow this stage of the tutorial.

Step 1: Open the app. The click on the Markets page as shown below:

Step 2: Click on Discover. The second arrow below shows the Market sentiments. You can see its a little high.

Accessing the Sector Page

Still on the discover page, you will see the sectors. The hot sectors shows the sectors that are performing best. That is, coins in that sector are really gaining value in the market. You can see the hot sectors below. To go into any of the hot sectors, touch it. See image below.

When you scroll down a bit, you will see the leading sectors. This shows the sectors whose coins are gaining the upper hand in the market. To see a comprehensive list of all sectors according to how their coins are performing, including coins that entered the hot list in each sector, click More Sectors as shown below:

The More Sectors link will take you to a fresh page where you will get more detailed information about what is happening in each sector. The following information is there

1. Down: There are 30 sectors in all. Down shows the number of sectors whose coins are majorly loosing value in the market.
2. Up:Out of the 30 sectors, Up shows how many of the sectors whose coins are appreciating in the market.
3. You can see the name of the sector here
4. This shows how many coins in that sector that is gaining or loosing. The green number shows gaining while the red number shows loosing coins
5. This shows the name of the coin in each sector that is gaining the most
6. This shows how much percentage the sector has gained or lost in the last 24 hours. Consult the image below

Now we are going to click on one of the sectors and gain more insight into what is happening there. Lets click infrastructure.

So now inside the Infrastructure sector, we can see the following:

A: Coins that entered the hot list, meaning they gained more value in the last 24 hours
B: All the coins in that sector and how they are performing

Conclusion

These are really cool features that can help traders gain some useful insight and make short-term trading decisions that will like be profitable. The features are mainly indicators and pointers. Do not take this to be professional trading advice to buy or sell a coin. Check the market well and study other things before making any financial decision in the crypto market