An In-depth Review of the Newscrypto.io Platform

There are many informational and cryptocurrency trading platforms available on the market today claiming to do ABC and promising heaven on earth, but which one is best for you? How do you tell that you have found the right one to suit your needs?

I recently came across NewsCrypto.io, an informational and trading platform that is said to be the best in the dissemination and osmosis of information, news, analytics and trading within the cryptocurrency and blockchain setup. Does the Newscrypto.io platform really live up to its billing?

Over the past month, I have been using the platform in the full access mode(Advanced Tier) -  testing and going through all the available information and data to gain a wholesome user experience in order to come up with an informed conclusion as to whether NewsCrypto.io is a legitimate platform or not.

What are the important factors to consider in choosing the best crypto informational and trading platform?

Quality of coin/token charts and indicators - This helps you analyse market supply and demands trends as well as the historical performance of the asset in question.

Ability to trade directly from the platform/charts  -  So that you can quickly and effectively take advantage of the everchanging market positions which can rise or plummet in a matter of seconds.

Cost  -  The cost of trading including platform access fees and transactions fees determine whether it is viable to profitably use a platform or not.

Platform availability option  - I n a world that is increasingly moving towards mobile-based platforms, users tend to prefer platforms that afford them the option to access them via mobile phones, laptops etc.

Review of NewsCrypto.io in a nutshell
Pros

• The platform offers real-time News updates linked to cryptopanic
• Easy to sign-in /register
• Tools available are easy to set-up and understand both to the newbie user as well as to the most advanced trader.
• Global real-time exchange data is readily available
• The Crypto School offering a well rounded educational experience is a well thought out idea that was brilliantly executed.
• NewsCrypto provides a forum where users can meet and interact.
• Fairly priced: at the time of writing this article, the beginner tier is being offered for free, the intermediate tier is priced at 50 NWC (approx $1.65 USD according toProbit Exchange one of the exchanges where NWC is listed) while the Advanced Tier is priced at 100 NWC (approx $3.30 USD).

Cons

• The platform is still in beta mode meaning that some of its key features such as trading and mining are not yet available.
• The NewsCrypto.io platform is still fairly new meaning that it hasn't been fully tested against a huger userbase to fully come to a conclusion.

An In-depth Review

The Good
Charts  -  Charts are found under the beginner tier which is available to all traders for free. This portal helps in tracking coin/token prices and the feed is updated per second. At the time of writing this article only the BTC/USD charts were available and were accurate. I am looking forward to other coins being added as this will go a long way. Another interesting feature found under this tab is the upload prediction option where a trader can upload their own charts to the platform for future reference purposes.

Coin Calendar  -  A highly informational calendar is also found under the beginner tier featuring a bevvy of Initial Coin Offerings (ICOs) projects be it those that are currently being held, past ones, upcoming ones in the future as well as other related fundraising information.

Inflow Indicator  -  Showing actual Deposits and withdrawals done in fiat. This information includes figures of how much money has left crypto through fiat withdrawals and how much is flowing in. This informs a trader of the direction that the market might be headed towards at any given time.

Inflow Indicator showing actual deposits and withdraws in FIAT (real currencies like Euro, USD Dollar, etc…)

Coin Tracker  -  This feature allows users to import all their trades held elsewhere into the platform and calculate their current holdings. The trades are imported from various exchanges such as Binance, Kraken, HitBTC etc.

The Great
News Feed  -  News on the platform is updated to the minute and is drawn from a wide range of sources thereby bringing balance, diversity while at the same time eliminating bias. The newsfeed offers an option for the user to flawlessly move the discussion on a chosen news item to cryptopanic for better understanding. News is offered for free.
The Newscrypto School - Also offered for free to all users is a wide range of short yet powerful lessons delivered in a simple, easy to understand fashion.

Arbitrage  -  This is my favourite feature of the NewsCrypto.io platform. It provides leads to markets where a user can make a profit by buying/selling from and doing the opposite in another at a profit. This gives the traders using the NewsCrypto platform an edge over their peers in the market as these arbitrage leads are readily available for Intermediate and Advanced tiers users and the potential percentage gain from each trade coin pair and exchange are already calculated.

sentiment  -  Found under intermediate tier, sentiment gives a technical analysis of which coins to buy, sell or to 'stay away from' based on their overall performance on the market on a minute to minute basis.

Whale alert  -  this indicator monitors all major cryptocurrency markets for big buyers and sellers. It offers the user the option to set their preferred parameters to coins of their interests and in turn, they get real-time notifications allowing them to make moves paired to those of market whales. This means that when big whales buy or sell the 'smaller guy' gets to benefit via NewsCrypto.

NewsCrypto.io platform provides arbitrage leads to markets where a user can make a profit by buying/selling from and doing the opposite in another at a profit

The not so great
A number of options on the portal are not yet functional and these include; Altcoin Police, Trading, Correlation and Crypto mining as the platform is still in its beta mode meaning that I did not get to fully experience the platform as I would have wished for but I will keep on updating you guys via the comments section when these options become available.

Conclusion
After using this platform for a full month with full access to all the tiers I can safely say that the Newscrypto.io team is on to something here. The platform outperformed my expectations in most cases.
I was overly impressed by the arbitrage option found under the Intermediate Tier as I got useful leads on which coin trading pairs I could take advantage of and make a reasonable profit. To be quite honest I have been on this for some time now!
If you are looking for an all-inclusive real-time platform that puts information, news, analytics and state of the art trading tools across the crypto market then the Newscrypto platform is the best choice for you.

The article above is written from an independent perspective. The above does not constitute financial advice and independent financial advice should be sought before deciding whether to invest in any financial product.

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