Steemit Crypto Academy Contest / S7W5 - Cryptocurrency Tools

Hello everyone I hope you are all ok and enjoy the good life by the grace of Allah Almighty I am here for participate in the amazing engagement challenge which organised by the Steemit CryptoAcademy the name of this contest is Cryptocurrency Tools so let's start;

The tools of cryptocurrencey are those that we use while our trading.There are so many things such as web developed-apps ,desktop icons and websites etc where we found different charts and indicators that help us in the trading.Now I will about the tools in detail.

Cryptocurrencey tools are necessary as there are wide range of tools to help us in the trading.These tools contain the charts,indicators,candles ,previous records etc that provide the traders with information about the tarding ,historical analysis ,charts and help to predict the prices of the next moves in the market.

Traders can analyze this information properly and take the proper decisions for the sell and buy conditions.These tools as the partner help the investors to create their own trading stratgies and manage their protofolio and keep tracking the price of different crypto tokens.

As the world of crypto progressing the usage of the digital currencies is also increasing and people use different wallets to store the assets,apps to manage the protofolio and many more tools for the tracking of prices,technical and fundamental analysis.

These tools are essential for keeping an eye on the protofolio and buying and selling conditions so that a proper descision can be taken that what we have to do in different market conditions.We can also perform the transactions and exchanging of the crypto tokens with the help of these tools.Some of the most famous tools that are used by me are following.

• Coinmarketcap
• Coingecko
• Trading view
• Binance

Coinmarket cap is considered as the most evolving cryptotools in the crypto market.It has so many features such it helps to track the prices and also tells us about the volume and market cap of different tokens.

It helps to analyse the previous or the historical prices for the analysis of the upcoming trend.It also have the reacord of the all time high and low prices and help us to compare the prices of different crypto coins.

It also has the differnet immersive features of crypto calculators,API based applications and also evolving new features in their website to make it more valuable tool for the tarder.With the imergment of new features it can be the amazing tool for exchanging,keep tracking your protofolio and the tracking of market trends and prices.

Binance is the most famous and trusted tool in the cryptocurrencey market due to its wonderful working and amazing features.It is present in both forms in the form of the web applications and in their is also the website of the binance.

It tools that are helpful for thr traders are secure P2P trading,managment of the protofolio ,facility yo exchange or swap the coins or keep the track of different price trends of the market.Along with that it also has the options to buy or sell the token to the digital sellers on the platform.

It is the one of the most famous and my favourite one tools app due to its most evoving features.

This is another famous tool of the crypto world that helps the traders with its new technical and trusted features.

It also has the app and tracking of the prices faeture to keep the investors up to date and take the decisions of buying and selling in the different market conditions.

There are also the tools of the charts and graphs for the investors to understand the upwarsds and downwards trends and price moves for the next predictions.Along with that there are so many faetures for the managment of the protofolio that make it easy to understand and take the descions for the assets.

This is most used app by the traders due to its features.We can track the prices and use different indicators here to understand the bullish and bearish trend in the market and take the proper actions in regards to our assets.

Technical analysis and fundamental analysis of the price charts can be easiliy done with this tool.We can also compare the different crypto token pair and track their prices.

The adittional feature is that it also have the connenction of different exchanges that make the transfer more easy and worthed.

There are lot more features in reagards to the cryptonews,market trends,usiage of trading tools in it that make the platform unique and beneficial for the traders.

There are so many tools since some of them I have discussed above that can be used by the traders for their trading experiences.I have used all of them but the most favourite one that I used the most is Coinmarketcap.There is a long time since I am using the tool it is almost three to four years.

There are so many reasons that I use this tool and also so many features that make it unique and easy to use for me.

First thing that make it unique is the easy access and tracking of all the prices in the market.The traders can see the trends of the market and prices and can manage their protofolio according to the trend of the market and buying and selling conditions.

One of the key features of the coin marketcap is that sets it apart is its user friendly interface which allows traders to easily track and monitor market prices in real-time.

This provides valuable information into market trends, enabling traders to make informed decisions about their portfolios. With its straightforward navigation and comprehensive data it is no wonder why so many people trust this platform to manage their investments.

There are so many such websites and apps that take the subscrption expenses for using the website and see the prices and market trend but the coin marketcap can be easily used for the purpose of the trading.

Whether it is analyzing buying and selling conditions or keeping an eye on market fluctuations, this platform empowers traders with the tools they need to succeed.There are also no ads in this app that enhance the worth of the paltform for the traders.

As I mentioned above about my favourite cryptotool that is coin market cap.Here I will provide some step by step guide and the featuresof the coinmarketcap.

Open your web browser and navigate to the CoinMarketCap website at coinmarket cap.

After accessing the website you will see the various options you can create your own account and also connect it to the binance wallet.

After filling up all the required information you can get access to the protofolio where you can find different cryptocurrencies.

Use the search bar located at the top of the page to search for a specific cryptocurrency, such as Bitcoin or Ethereum or any other cryptocurrencey you want to explore and know about.

In the above screenshot I have searched about the Etherum.That is a famous crypto token and the price of the etherum you can see above.

Once you have found the cryptocurrency you are interested in, click on its name to view its detailed information.On the cryptocurrency details page, you will see the current price of the coin, its market capitalization, and its 24-hour trading volume.

CoinMarketCap offers several charts and graphs to help you visualize the performance of a cryptocurrency over time. You can view these charts by clicking on the Charts options.

Check the historical price dataYou can also view the historical price data of a cryptocurrency by clicking on the Historical Data tab. This will show you the coins price over the past week, month, quarter, year, and more.

CoinMarketCap allows you to compare multiple cryptocurrencies side by side. To do this, simply click on the Compare button and select the coins you want to compare.There is alos another feature that helps To stay up-to-date with the latest cryptocurrency news that can be accessed by click on the News options.This will show you a list of the most recent articles and news related to the cryptocurrency.

To track your personal cryptocurrency investments, you can create a portfolio on CoinMarketCap. To do this, click on the Portfolio button located at the top of the page and create a new portfolio.

These are some of the key features of CoinMarketCap and how to use them. With this information we should be able to navigate the website and make the most of its tools and resources that can helps us in trading.

There are also a lot more features such as different products and different exchanges that are linked to the coin market cap. Here in the screenshots you can see different other options that we can access by using this crypto tool.

Cryptotools are important part of the cryptotrading.There are so many advantages of them that we can access by using them.some of them I will write in details.

These cryptotools are benefcial for the investors or the traders as they can easily predict the prices of the crypto tokens by using different technical tools such as the indicators,candels,charts,graph and the historical view of the cryptokens.

By taking in the view different price trends it will be easy for the traders to make descions and get profits from the buying and selling positions of the cryptoassets.

Cryptotools helps us in managing or exchanging our digital tokens and make the acess easy as in our digital wallets we can see different coins and their worth at one place in this way we can manage them properly.

So if we see our managable protofolio we can also easily detect the prices trends and take the descions accordingly.

The other benefit is that by using cryptotools such as wallets we can easily access the tokens at any time we want we did not need any third party for the access of our digital assets.

Cryptotools help us to avoid different complications and these are user friendly we can easily use them just by using our internet.

As the tools are easy to use it also make our work easy by helping us to stay up to date with the cryptonews ,doing the analysis of the cryptomarket and predictions of the next move.

There is a large range of the tools present that fulfill the basic needs of the cryptotraders such as the future moves indication ,protofolio managment ,fundamental analysis the charts and graphs for my trading I consider these tools effecient for me.

In this imerging era tha digital assets are progressing also so there is also need of the new crypto technologies for the traders to trade and earn better.There are so many changes that can be done to improve their working capacity.

Crypto tools imporatant part for the cryptotraders that helps them to gain the more profits and manage their assets in the proper way.Here I explained about the most famous cryptotool that is coinmarket cap and it is also my favourite one due to its amazing features.

Thank you