Best Cryptocurrency Trading Tools

 

Crypto trading is the new trend and many people are indulging in this lucrative trading business. If you do it right, you can earn millions but if not cautious, it can also be detrimental to your financial health.

Here are some of the best crypto trading tools you should know in order to earn a profit in crypto trading.

Tools you should be using

  1. Coin Tracking
  2. 3Commas
  3. Ledger Nano S
  4. Shrimpy
  5. Coin Tracking

If you are just beginning crypto trading, then Coin Tracking is the best portfolio manager for you. It is used both by beginners and advanced users.

This crypto software helps you in keeping track of all your cryptocurrencies and their value along different exchanges. Intuitive graphs, charts and market movements are depicted by Coin tracking based upon your portfolio holdings so that you can make an educated decision.

  1. 3Commas

3Commas is a popular and modern bot which is used for taking decisions for different exchanges using a single interface simultaneously. It also has the enhanced feature of portfolio balancer and helps traders to makes the right decisions with minimum hassle. Traders can also copy the portfolios of already established profit-making traders in the market using 3Commas.

Crypto traders can connect to various exchanges like Poloneix, Binance, Bittrex etc using 3Commas. You can also maximize your profits with the added feature of trailing take-profit and trailing stop-loss.

  1. Ledger Nano S

Ledger Nano S is one of the most widely used and popular hardware cryptocurrency wallets. It is used by investors and traders who wish to keep their cryptocurrencies for a long-term. It supports 25 cryptocurrencies and more than 1000s of ERC tokens. It is highly recommended HD wallet.

 

 

 

  1. Shrimpy

Shrimpy is a crypto software which helps traders in automating and diversifying their portfolio and earn maximum profits. It has in introduced a new concept of rebalancing which helps the trader to buy low and sell high.

The traders have to schedule their rebalancing cycles according to hours, weeks or even months. Shrimpy automatically buys or sells the cryptocurrencies accoutring to the trade cycle of the traders which are performing as per the goal classification of the trader.

Shrimpy uses the rebalancing technique to maximize the risk and in turn maximizing the profits.