Steemit Crypto Academy Contest / S7W5 - Cryptocurrency Tools.

Namaste 🙏 to all of you. This is Lavanya from India.

This is my entry post for the ongoing contest by #SteemitCryptoAcademy community.

If you are in the trading field, then you must use some trading tools for getting information about the market, trending coins, volume, market sentiments, news, and much more at a single click. If we apply traditional ways, it would take a huge amount of time to select coins for today's trading needs. That's why, with Trading Tools' help, we get an instant idea in a short period of time.


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Thank you, team, for conducting such a wonderful contest on this topic.


What is your understanding of cryptocurrency tools? Mention some of the tools you know in the crypto ecosystem.

Cryptocurrency trading tools can come in the form of desktop applications, web-based platforms, and mobile apps.Cryptocurrency trading tools provide users with access to complex and detailed market information such as charts, analytics, news, and more. Many of these tools provide users with the ability to execute trades in real-time, allowing them to take advantage of market trends and fluctuations.

Additionally, cryptocurrency trading tools offer a wide range of trading strategies and indicators, enabling traders and investors to develop their own trading strategies and increase their potential for success. Cryptocurrency trading tools also provide users with the ability to manage their portfolios and track their progress over time. Users can use these tools to set up alerts and notifications, track their performance, and stay up-to-date on the latest market developments.

Additionally, many of these tools provide users with a secure way to store their digital assets, allowing them to benefit from the convenience of a digital wallet.

Finally, cryptocurrency trading tools allow users to access global markets with ease and convenience. By leveraging these tools, users can access markets in different countries, allowing them to capitalise on global opportunities. This means that users can take advantage of opportunities that may not be available in their own country, helping them to maximise their earning potential.

In the crypto market, we have a huge number of projects. Each project has its own coin. From this identifying which perform good in upcoming days is not an easy task. By applying trading tools, we can analyse very easily and have high chances of picking the correct projects for our investment needs.

Personally, I use some trading tools for my trading strategy needs.


Trading Tools That I Use Personally

Cryptocurrency trading is becoming increasingly popular as more and more traders enter the market. As such, it is important to use the right tools and resources to become a successful trader.

One of the most popular and widely used trading tools in the cryptocurrency ecosystem is Coin Market Cap. This website provides real-time market data and analysis on the top cryptocurrencies, including market cap, price, volume, circulating supply, and more. It is an invaluable resource for traders who are looking to gain an edge in their trading.


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Another popular trading tool is CoinGecko. This platform provides a comprehensive overview of the crypto market, as well as detailed information on individual crypto coins and tokens. CoinGecko allows users to track and analyse the performance of their favourite coins and also provides a range of charts, graphs, and other tools to help traders make informed decisions.


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Trading View is yet another tool that is widely used by traders in the cryptocurrency ecosystem. It provides real-time charting and technical analysis tools, as well as tools for portfolio tracking and alerting. The platform also allows users to create their own custom trading strategies and provides an active community of traders who are able to share ideas and strategies.


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Besides these, there are some other popular tools that I use for my investment and trading needs. They are Cryptopanic, CoinMarketCal, Coin360, CryptoMiso, and BitInfoCharts.

Cryptopanic is an aggregator that provides traders with access to information from more than 500 sources. It allows users to track the news and market data of their favourite cryptocurrencies. It also offers portfolio tracking, allowing users to get an overview of their cryptocurrency holdings.

CoinMarketCal is a calendar for upcoming events related to cryptocurrency markets. It provides traders with reliable information about upcoming ICOs, updates on existing projects, airdrops, and other important information. It also offers users the ability to track which events are likely to have the most impact on their trading activities.

Coin360 is a platform that provides traders with a comprehensive overview of the cryptocurrency market. It allows users to analyse the performance of coins and projects in real-time, track prices, and view data on volume, market capitalization, and more.

CryptoMiso is a platform that tracks the development of cryptocurrencies and provides insights into the activity of developers. It helps users identify which projects are being actively developed and which ones are not moving forward.

BitInfoCharts is a platform that provides traders with detailed data and charts comparing various cryptocurrencies. It allows users to compare coin prices, market capitalization, and other important metrics. It also provides traders with an overview of the crypto market and its performance.

like those tools I use for analysing the crypto market. By applying those tools, I can do fundamental and technical analysis with a single click. Besides, I even know present market sentiments very easily. Those play a crucial role in choosing the correct project for my investment needs.


Which of the tools mentioned above is your favorite, and why do you prefer it over others? Include how long you have been using it.

When it comes to trading cryptocurrencies, there are a variety of tools available for traders to use. My personal favourites are CoinMarketCap, Coingeko, Trading View, Cryptopanic, CoinMarketCal, Coin360, and CryptoMiso. I've been using these tools for the past two years and have found them to be invaluable.

Why because

  • CoinMarketCap provides real-time market data and a ranking of cryptocurrencies by market capitalization.

  • CoinGecko provides a comprehensive overview of the cryptocurrency market, including price, volume, market capitalization, and more.

  • TradingView is a social network for traders and investors, offering advanced charting tools, real-time market data, and a community of traders and investors sharing insights and ideas.

  • CryptoPanic is a news aggregator and market analysis platform.

  • CoinMarketCal is a platform that lists upcoming cryptocurrency events such as token sales, network updates, and conferences.

  • Coin360 provides an interactive visualisation of the cryptocurrency market with real-time data from multiple exchanges.

  • CryptoMiso is a platform that tracks and ranks the top cryptocurrencies based on Github activity, development, and community growth.

These are my reasons for using those tools for my trading strategies' needs. I also recommend others use those. For those who wish to know things such as real-time market data, comprehensive market analysis, interactive visualization, news aggregations, and more, those trading tools help a lot.

But each tool has its own unique strengths, and some users may prefer one over the others based on their specific needs and preferences. So you may choose trading tools as per your wish. because I am not a financial advisor.


Step-by-step guide on how to use my favourite tool

In my Openion, most of the users are familiar with CoinMarketCap, Coingeko, and Trading View. That's why I didn't repeat once again today. But remaining my favourite trading tools are Cryptopanic, CoinMarketCal, Coin360, CryptoMiso, and BitInfoCharts, those details I share now. I hope it helps you choose a better trading strategy for your needs.


About the CryptoPanic Platform and Its key Features

This platform we may use at free of cost. Just by using our social handles, we may log in and apply our needed filters as per our wishes.


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We also set Price Alerts, Top News, and Trading News alerts with a single click. Here you may see my alert settings. From this, I can easily know how each coin's price moves.


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Some of its features include:

  • News filtering: CryptoPanic allows users to filter news based on their preferred sources, cryptocurrencies, and sentiment (positive, negative, or neutral).


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  • Portfolio tracking: Users can create a portfolio to track the performance of their investments in cryptocurrencies. But at present, I don't link any of my wallets for tracking my portfolio, because those are high-risk tasks that also require the Pro Version to be bought to be handled properly. I am a small investor, so I skip this feature.


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  • Alerts: CryptoPanic offers custom alerts based on price changes, volume changes, news events, and more.

  • Community voting: The platform allows users to vote on the accuracy and relevance of news articles, helping to ensure that only the most relevant and trustworthy news is displayed.


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  • Historical data: CryptoPanic provides historical news and market data for cryptocurrencies, allowing users to better understand market trends and make informed investment decisions.

For this, just go to the News Feed, and in the search bar, type your needed coin name. Then it shows its complete news history. For example, here I am searching for steem.


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Here you see its present price, their social handles, and their news updates with a single click.


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  • Social media integration: The platform integrates with social media platforms such as Twitter, allowing users to quickly share news and insights with their network.

These are some of the key features of CryptoPanic. Keep in mind that the platform may have changed since my knowledge cutoff date, so it's best to visit their website or contact their support for the most up-to-date information.

Who wish to know latesed crypto news for keeping ourself as Up to Date, CryptoPanic platform is best choice.


About the Coinmarketcal Platform and Its key Features

CoinMarketCal is a platform that lists upcoming cryptocurrency events such as token sales, network updates, and conferences. Its also free to use platform. Just an email is enough for getting started. Notifications, based on our settings we get. In mobile also, we may use this platform for knowing up-to-date events on crypto projects very easily.


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Based on those events' dates, by giving our entry, we may possibly book our profits in a short period of time. It is the best platform for doing intraday trading.

Some of its features include:

  • Event calendar: CoinMarketCal displays a comprehensive calendar of upcoming events in the cryptocurrency market, including information on the date, time, and details of the event.

Here we may check today's, tomorrow's, the next 7 days', and the next 30 days' events on different projects with a single click.


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For example, here I am selecting Today event details, and by clicking it, it shows different events on different projects. By clicking on each project, we may check further details too.


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Including Twitter AMA's and Discord AMA details, we may check here. In general, to get to know people, we follow their social media handles. But in the crypto space, we have a huge number of projects, so tracking all those is not an easy task.


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But by using Coinmarketcal, we may track all projects' events from day to day very easily.

  • Event submission: Users can submit their own events to the platform, making it a collaborative resource for the community.

For this, just by selecting the Add Event tab at the top of the website and giving our project details and source details, we may add our events. From here, we may easily share our event details with others.


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  • Event ratings: The platform allows users to rate events, providing an indication of the community's expectation for the event's impact on the market.


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  • Event alerts: Users can set up custom alerts for events that are of interest to them, ensuring that they never miss an important announcement or update.


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We set our alerts when we get those notification to our email by selecting this.


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  • Historical data: CoinMarketCal provides historical data on past events and their impact on the market, allowing users to better understand market trends and make informed investment decisions.

  • Community engagement: The platform has a growing community of users who share insights and ideas on upcoming events and their potential impact on the market.

  • Search Events By Applying Keywords: Yes, Here we may search events by applying key words, such as "top 100," "categories-based," and many more. just by applying our needs.


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For example, here I search the Top 300 coins, which have an upcoming airdrop or snapshot in the next 30 days. I got these two results. Like that, based on our needs and by applying tools, we may filter our needed projects very easily.


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These are some of the key features of CoinMarketCal. As with any platform, it is always best to visit their website or contact their support for the most up-to-date information on features and capabilities. For those who want to know about upcoming events on different projects, the Coinmarketcal platform is the best source.


About the Coin360 Platform and Its key Features

Coin360 is a platform that provides an interactive visualisation of the cryptocurrency market with real-time data from multiple exchanges.


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Its also free to use platform no need any investment for utilising its features.

Some of its features include:

  • Market visualization: Coin360 provides a visual representation of the cryptocurrency market, allowing users to easily see the latest prices and market trends.

  • Real-time data: The platform pulls data from multiple exchanges in real-time, providing a comprehensive overview of the market.


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  • Customizable dashboard: Users can customise their dashboard to focus on specific cryptocurrencies, exchanges, or markets.


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  • Heatmap: Coin360 provides a heatmap visualisation of the market, displaying price changes in real-time and helping users quickly identify market trends and opportunities.


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  • Market analysis: The platform provides a variety of market analysis tools and indicators, helping users make informed investment decisions. Even here, we may analyse the NFT market at a single click.


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Here we also check those projects perform on a daily, weekly, and monthly basis with a single click.


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  • Mobile app: Coin360 offers a mobile app, allowing users to access the platform and monitor the market on-the-go.

These are some of the key features of Coin360. who wants see different projects performance in form of Pictorial , coin360 is best platform.


About the CryptoMiso Platform and Its key Features

CryptoMiso is a website that provides data analytics and rankings of cryptocurrencies.


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It is a platform that tracks and analyses the code changes of various cryptocurrencies and provides a ranking based on the total GitHub commits, additions, and deletions.

Some of its key features include:

  • GitHub Activity Ranking: The ranking of cryptocurrencies based on their GitHub activity is the main feature of CryptoMiso.

Here we check projects' performance up to 3, 6, 9 and 12-month periods. by selecting as per our needs.


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  • Coin Information: CryptoMiso provides information about various cryptocurrencies, including their market capitalization, trading volume, price, and more.


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  • Code Changes: The platform provides detailed information about the code changes made to a cryptocurrency's repository on GitHub.

  • Historical Data: CryptoMiso provides historical data on the ranking of cryptocurrencies, code changes, and other information.

  • API Access: The platform provides APIs to access its data, allowing developers to build custom applications based on its data.

  • Comparison: The platform provides a way to compare the activity and code changes of different cryptocurrencies, making it easier to track the development progress of different projects.

For example, here I check the Github Activities of the Steem project.


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By checking, I know they are not active on Github.


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Who wants know which projects focus on their growth, by using cryptomiso platform we will know very easily. By using this, we can choose the correct project for our investment needs.


About the Bitinfocharts Platform and Its key Features

BitInfoCharts is a website that provides data and statistics on cryptocurrencies.


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It is a platform that provides a comprehensive view of the cryptocurrency market, and the data is updated in real-time.

Some of its key features include:

  • Market Data: BitInfoCharts provides data on the market capitalization, trading volume, and price of various cryptocurrencies.


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  • Blockchain Data: The platform provides data on the blockchains of various cryptocurrencies, including the number of transactions, the size of the blockchain, and more.


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  • Network Data: BitInfoCharts provides network data on various cryptocurrencies, including the hash rate, difficulty, and block time.Here we also check Mining Calculator.


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  • Historical Data: The platform provides historical data on the market capitalization, trading volume, and price of various cryptocurrencies.Any Blockchain we can explore at single click.


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  • API Access: BitInfoCharts provides APIs to access its data, allowing developers to build custom applications based on its data.

  • Comparison: The platform provides a way to compare the data of different cryptocurrencies, making it easier to track the performance and growth of different projects.

Using this platform, we can track the top 100 richest whales' wallets with a single click.


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For example, here I am checking Doge whales. Just by clicking his address, we can see all his buying and selling activities from date to date, along with their size, price, and whether he is currently in profit or not. All those information we may check with a single click


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The importance of BitInfoCharts lies in the fact that it provides a comprehensive view of the cryptocurrency market, which helps users make informed investment decisions. The platform provides real-time and historical data, which helps users track the performance of different cryptocurrencies over time. Additionally, the API access provided by the platform allows developers to build custom applications based on its data, which can help in the analysis and tracking of the cryptocurrency market.

Like those trading tools I use for my personal trading needs, those are my favourites too.


Highlight the advantages of cryptographic tools. Do you think the tools available at the moment are efficient? Would you like to see another one that serves a different purpose?

Cryptographic tools offer several advantages to users, including:

  • Real-time Data: Crypto tools provide real-time data on the market capitalization, trading volume, price, and other key metrics of various cryptocurrencies, allowing users to stay updated on the latest developments in the market.

  • Market Insights: Crypto tools provide insights into the cryptocurrency market, helping users understand the performance and growth of different cryptocurrencies.

  • Historical Data: Crypto tools provide historical data on the market capitalization, trading volume, price, and other key metrics of various cryptocurrencies, allowing users to track the performance of different cryptocurrencies over time.

  • Portfolio Management: Many crypto tools offer portfolio management features, allowing users to track their investments in different cryptocurrencies and monitor their performance.

  • Improved Trading Decisions: Crypto tools provide data-driven insights that can help users make informed trading decisions.

  • API Access: Many crypto tools provide APIs, allowing developers to build custom applications based on the data provided by the tool.

  • Comparison: Crypto tools provide a way to compare the data of different cryptocurrencies, making it easier to track the performance and growth of different projects.

  • Convenient Access: Crypto tools provide a centralised and convenient platform for accessing data and insights about the cryptocurrency market, making it easier for users to stay informed and make informed investment decisions.


Some crypto tools offer robust and comprehensive data and insights, while others may have limitations in terms of data accuracy or depth of analysis.

In general, the tools available at the moment are designed to meet the needs of different types of users, from casual investors to professional traders and developers. However, the crypto market is constantly evolving, and new tools are being developed to meet the changing needs of the market.

Ultimately, the efficiency of a cryptographic tool depends on the user's specific needs and the quality of the data and analysis provided by the tool. It is recommended that users research and compare different cryptographic tools before making a decision on which tool to use.


Most trading tools show us needed data in real time. But those also have their limitations. But using those, we get an idea of present market trends and sentiment details. By applying those, we are only able to know about market data; we don't get any other data from using those.


Conclusion

Cryptographic tools are important for traders, investors, and market analysts in the cryptocurrency market. They provide real-time data, market insights, historical data, portfolio management features, data-driven insights, API access, comparison capabilities, and convenient access to information about the cryptocurrency market.

The efficiency of these tools varies depending on the specific tool and the user's needs, but they play a crucial role in helping users make informed investment decisions in the rapidly evolving cryptocurrency market. Some of the well-known crypto tools include CryptoMiso, BitInfoCharts, TradingView, and others.


I Would like to invite my friends to participate in this contest , @ripon0630 , @msdbitco, @shohana1,@simonnwigwe, @chiabertrand, @nevlu123 and @harferri.


Thank You So Much For Reading My Article!

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 last year 

Hello My Friend @lavanyalakshman, Trading tools are an incredibly powerful asset to have in the crypto market! After all, it can be complicated to identify which projects will perform well without the right data and information. With the right tools, you can easily analyse the markets and make informed decisions about which coins to pick for your investments.

Secondly, Trading cryptocurrency isn't easy, so it's great that there are awesome tools like Coin Market Cap, CoinGecko, Trading View and more to help traders stay informed and make smart decisions! I'm always excited to see what new insights and strategies these platforms bring.

Thirdly, The information you've provided here is super valuable and it's great to learn some of the key features of these platforms. Having the ability to track performance, code changes, and news events on these cryptocurrency platforms are all useful tools for making informed decisions.

Fouthly, Cryptographic tools definitely provide a great number of advantages when it comes to trading and investing in the cryptocurrency market. I don't think we can get by without them in this space anymore. It's amazing how many different types of tools are available for users all around the world. They make it so much easier to manage our investments and stay informed on the latest news and trends.

Overall it was an amazing read Thanks for sharing your knowledge and insights!

Regards, @fabiha

Thank you my friend

TEAM 1

Congratulations! Your Comment has been upvoted through steemcurator04. We support good comments anywhere..
Curated by : @suboohi

 last year 

Really impactful and well detailed article you have shared with us this week boss. By understanding the advantages and applications of these tools, we can be better equipped to make informed decisions when it comes to managing your digital assets.

You have mentioned very important and potential profit generating Cryptocurrency tools on your post dear friend. I too love using CoinMarketCap and other tools like Cryptopanic, Coin360, and BitInfoCharts.

Your review about the CryptoPanic platform is top notch, and I got to discover new and lovely features about the platform.

I must commend and appreciate the time you put into your work. You are very talented and I love reading from you. Thanks for sharing and goodluck in this contest.

Thank you so much for lovely feed back.

Congratulations!
This comment has been upvoted through steemcurator07.
We support quality posts anywhere and any tags.
Curated by : @chiabertrand

TEAM 4 CURATORS

Hi my friend @lavanyalakshman,

I hope you are fine and enjoying your life. Just like always you have shared such good content with us that is full of knowledge, experience and research. You have done proper research which can be seen in your content.

You have not only mentioned Coinmarketcap, Coingecko, and TradingView but also some other crypto tools that many of us have not used like Cryptopanic, CoinMarketCal, Coin360, CryptoMiso, and BitInfoCharts.

You have mentioned CoinMarketCap, Coingeko, Trading View, Cryptopanic, CoinMarketCal, Coin360, and CryptoMiso as your favorite tools that you have been using since past 2 years.

Then you have explained in step-by-step guide on how to use these above tools. The best thing you have done in your content is you have not only explained one tool use but provided guide on all of the tools which clearly shows you are using them for long time and have strong grip on them.

You have also mentioned the advantages of using these crypto tools like market insight, portfolio management, API access, real-time and historical data, comparison etc.

Overall, you have presented the best content of this week's contest and that is the reason you got the highest score my friend. I wish you success for this and upcoming contests. Stay Blessed :)

Also if you got time please have a look at my content and share your thoughts on it :)

Thanks for lovely feed back..

Greetings mam @lavanyalakshman , this is very detailed and wonderful post about your side. It's great to hear that you have a solid toolset for your cryptocurrency trading. Each of the tools you mentioned serves a different purpose and provides valuable insights and information to traders.

CoinMarketCap and CoinGecko are popular market data websites that provide real-time information on various cryptocurrencies, including their market capitalization, trading volume, and price history. This information can be useful for traders who are looking to make informed decisions about when to buy and sell cryptocurrencies.Trading View, as you mentioned, is a powerful charting and analysis platform that provides advanced technical analysis tools to traders. By using Trading View, traders can identify potential entry and exit points for trades based on historical price and volume data.CryptoPanic is a news aggregator that helps traders stay up-to-date on the latest developments in the cryptocurrency space. CoinMarketCal and Coin360 provide information on upcoming events and market trends, which can help traders make informed trading decisions.Finally, CryptoMiso provides data on the most popular cryptocurrencies based on their GitHub activity, which can help traders identify which projects are gaining traction and may be worth investing in.

Overall, having access to a variety of tools and resources can be a major advantage for traders, as it helps them make informed decisions and stay ahead of the curve.

It would be pleasure for me if you will visit my post.

Lovely feed back from you.

Your post has been supported by @josepha from team 2 of the Community Curation Program, at 40%. We invite you to continue sharing quality content on the platform, and continue to enjoy support, and also a likely spot in our weekly top 7.
Voting date:

8/02/2023


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It was great details about Cryptocurrency Tools.Thanks for participation best of luck.

Thank you my friend.

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