Best Cryptocurrency Tools For Entrepreneurs
If you’re a cryptocurrency entrepreneur, you already know how much of a pain it is to keep up with the rapid growth of your business. As the adoption of cryptocurrencies continues to grow, you will have to find new ways to keep up with user demands and competition.
There are plenty of great cryptocurrency tools out there, but it can be hard to figure out which one is best for you.
Trying to decide? Here’s a look at some of the top cryptocurrency tools that can help you build your business, trade, and more.
One of the most popular cryptocurrency tools among investors is CoinMarketCap.com, which provides real-time updates on the prices of different cryptocurrencies. It tracks over 2,300 different cryptocurrencies, and lets users compare the price movements of these currencies with one another.
Users can see how much money they’ve made (or lost) through their investments by linking their portfolio to CoinMarketCap, so they don’t have to do the entire math themselves. They can also set up alerts to let them know when a coin passes a certain price threshold or if it’s about to pump or dump.
CoinGecko is a good tool for tracking cryptocurrency prices because it shows the value of each coin in more than 45 fiat currencies. It also provides an excellent comparison chart for Bitcoin and Ethereum.
A handy feature on CoinGecko is its “trust score” for each cryptocurrency. This score is calculated based on a coin’s web traffic, team size, and social media followers. Its 24-hour trading volume and number of exchanges are also considered when calculating its trust score. This makes CoinGecko not just an excellent price tracker but also an educational tool to help you learn about different coins’ development teams.
CoinMarketCal is an event calendar that tracks altcoins with upcoming news events and developments. This tool will allow you to keep track of things like forks, airdrops, and other developments that could impact your investment and help you make trading decisions in real-time.
The Blockchain Wallet is a good option for beginners who aren’t ready to deal with the more advanced features of wallets like Coinbase or Exodus.
It supports Bitcoin, Ethereum, and Bitcoin Cash. Users can send, receive and store coins in their wallet and access their transaction history and balances. The Blockchain Wallet also has an app downloaded on iOS or Android devices.
Coin Metrics is a comprehensive platform that includes data on cryptocurrencies and blockchain networks. It tracks more than 30 cryptocurrencies, including bitcoin, litecoin, ether, and some obscure coins like namecoin and aurora coin. You can use Coin Metrics to see network market data and volume history information. You also can see recent trades in a news feed at the bottom of the screen.
Santiment helps you track prices and volume for hundreds of cryptocurrencies. You also can see which coins are getting the most attention on social media platforms like Twitter and Reddit, so you’ll know what traders are talking about. One nice feature is that it allows you to set notifications based on price levels or social media activity so you’ll know when your favorite coin goes on sale.
A web-based charting platform where traders can share ideas, discuss strategies and even develop their trading algorithms, TradingView offers crypto-specific tools like real-time data from more than 60 exchanges and 1,300 crypto pairs.