Crypto trading has become increasingly popular in the past two years, especially since the historic bull run of 2019. While it is profitable, the market is volatile and with the right set of tools like a market watcher, portfolio tracker, reliable wallets, charts and reliable exchanges, it gets easier to turn a profitable trade. In this article we’ll learn about the top five crypto trading tools of 2019 that will get you through the beginning of 2020.
- TradeSanta (Free Trading Bot)
- CoinTracking (Crypto Portfolio Tracking tool)
- Ledger Nano S (Secure Crypto Hardware Wallet)
- CryptoPanic (Leading News Aggregator)
- CoinMarketCap (Coin Info and Price Trends)
TradeSanta
TradeSanta is a free crypto trading bot that automates your trades and helps you make a profit. It is best suited for newbies as it helps them create long and short positions in a simple way. Getting started is easy, and all you need to do is connect TradeSanta with a supported exchange using API and then you can start with minimum investment. $50 is enough to test out this free bot. It supports exchanges like Binance, Bittrex, Bitfinex, HitBTC and OKEx. You can set up your account and get started with automated trading in as little as 30 minutes.
CoinTracking
Cointracking is a crypto portfolio tracker and manager. Though the tool’s UI is not the best among other options, it is easy to understand. With CoinTracking, you can track your cryptocurrencies on various exchanges and be perpetually aware of what coins you have in your portfolio. It also provides intuitive graphs and charts based on your portfolio holdings and market movements so that you can make educated decisions. This is a paid tool and we recommend trying out the free version.
Ledger Nano S
Ledger Nano S is one of the most popular cryptocurrency hardware wallets in the market. Ledger Nano S currently supports more than 25 cryptocurrencies and a large selection of ERC20 tokens. Setting up the Ledger Nano S is a simple process and their development team is very active and enthusiastic about continuously improving their product.
CryptoPanic
CryptoPanic helps traders stay updated with news from the cryptosphere. Crypto is a relatively small market which is highly influenced by sentiment and news. That’s why it becomes important to know the news and then gauge the sentiments of the market. This helps in deciding your crypto strategy. With CryptoPanic’s free version, you can follow highly customized news and get the feature to follow YouTube channels, Reddit thread and Twitter accounts to accurately gauge the sentiments of the market.
CoinMarketCap
CoinMarketCap is one of the most visited websites in the cryptosphere and that’s because it tracks prices, market cap, volume, listings of coins and tokens in this space. It shows prices, volume and other data in 13 languages and 28 national currencies. It also saves historical price charts of crypto markets and provides you with real-time charts for BTC and the whole crypto market. The platform has APIs and widgets, social, markets section for each coin/token which makes things easier for traders to make decisions quickly.
Have you got a favorite trading tool that we haven’t listed? Let us know in comments or visit us on Telegram. We’d love to hear from you.
Disclaimer
Content provided by CryptoTraderNews is for informational purposes only, and should not be construed as legal, tax, investment, financial, or other advice. All information is of a general nature. As always, there is risk with any investment. In exchange for using our products and services, you agree not to hold CryptoTraderNews Pro, its affiliates, or any third party service provider liable for any possible claim for damages arising from decisions you make based on information made available to you through our services.
