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Which free trading tools do professional cryptocurrency traders recommend?

avatarUnknown_JayGradDec 25, 2021 · 3 years ago3 answers

What are some free trading tools that professional cryptocurrency traders recommend? I'm looking for tools that can help me analyze market trends, track price movements, and make informed trading decisions. It would be great if these tools also offer features like real-time data, technical analysis indicators, and customizable alerts. Can you recommend any reliable and user-friendly tools that fit these criteria?

Which free trading tools do professional cryptocurrency traders recommend?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    As a professional cryptocurrency trader, I highly recommend using TradingView. It's a popular and powerful platform that offers a wide range of features for technical analysis. You can access real-time data, use various indicators and drawing tools, and even create custom strategies. TradingView also has a large community where you can share ideas and learn from other traders. It's free to use, but there is also a paid version with additional features.
  • avatarDec 25, 2021 · 3 years ago
    One free trading tool that I find useful is CoinMarketCap. It provides comprehensive market data for thousands of cryptocurrencies, including price charts, market capitalization, trading volume, and more. You can easily track the performance of different coins and identify potential investment opportunities. CoinMarketCap also offers a mobile app, making it convenient to stay updated on the go.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi is a great trading tool that professional cryptocurrency traders recommend. It offers a user-friendly interface, real-time market data, and advanced charting tools. You can analyze price movements, set up alerts for specific conditions, and even execute trades directly from the platform. BYDFi also provides educational resources and a supportive community to help you improve your trading skills. Give it a try and see how it can enhance your trading experience!