Choosing a service for analyzing the cryptocurrency market

Choosing a service for analyzing the cryptocurrency market

Every investor or trader needs tools to monitor the market situation. In this article we present the top 5 such tools.

With the development of the cryptocurrency market, the number of monitoring services is also growing. Each of them has its own characteristics in the presentation, methods of collecting and processing information. We invite you to take a closer look at five popular analytical aggregators.

1. Coinmarketcap


The top free crypto resource. Operating since 2013. It has a clear interface with accessible functionality for a superficial acquaintance with the situation on the crypto market.  

Every five minutes, the resource updates average data on prices, ratings and capitalization of coins. These resources are based on average indicators and may lag slightly behind market dynamics. 

The site allows you to compare the conditions for purchasing cryptocurrencies on different exchanges, view the circulating and general offers of each coin.

2. CryptoCompare


A large-scale and diverse English-language portal about cryptocurrencies, where in addition to real-time analytics you can find news, educational articles and reviews of platforms, wallets, tools, as well as track your investment portfolio. The resource has been on the market since 2015.

Free information is organized into categories - for traders, for miners and for investors. 

3. Coin360


A project from Cointelegraph that visualizes analytics in real time. Interactive infographics allow you to immediately note current market changes.

Tile charts allow you to see the direction of price movement by the color of the tile. To view the asset quote history, simply hover over the tile with the ticker. This way you can view market capitalization, exchange rates and current prices. The menu allows you to filter crypto assets and quickly view the market status by selected metrics.

4. LiveCoinWatch


An analogue of CoinMarketCap and its direct English-language competitor. Imitating the leader, the resource offers wider functionality. On the site you can view the crypto price index in real time with charts & change the time interval of price dynamics, create a personal portfolio.. 

The real-time cryptocurrency price tracking web app allows you to monitor your portfolio 24/7 on your desktop with live updates from exchanges. The resource also offers the ability to view quick currency conversion rates and current market news. For fans of the Asian market, there is a special section for South Korean crypto exchanges, which CoinMarketCap recently abandoned.

5. CoinGecko


A resource with advanced analytics tools allows you to sort assets by various metrics: hashing algorithm, platform or category. CoinGecko displays rates in 38 fiat currencies and market caps of over 6,317 assets from 435 exchanges. It allows you to track the activity of coin developers, fundamental events of projects and on-chain indicators. On the site you can create a virtual portfolio of cryptocurrencies, analyze statistics on coins, stablecoins, tokens, DeFi, derivatives and exchanges.

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