Some of our posts may have affiliate links including this one. That means if you make a purchase I may get a commission (at no extra cost for you). To find out more about it read our Disclosure page
If you are interested in crypto trading tools to make more successful trades in the future, then this list will be right up your alley.
We are all looking to improve how we trade. Better manage our risks and increase our gains. Sounds simple? Well with the right tools it will be a lot easier.
That’s why I wanted to list the 12 top crypto trading tools that I, right now want to recommend to our readers.
These crypto trading tools have been tried and tested by me and others in my community.
My favourite crypto trading tools right now
1 ) Go CryptoMarket – Price comparisons
At Go CryptoMarket you can find real-time prices for the most popular cryptocurrencies. You can use this to make use of price differences between different crypto exchanges.
Go CryptoMarket also has interesting features such as price alerts, comparison tables, ICO listings and price conversion tools.
Check it out!
2 ) CryptoCompare – Comparison tool
CryptoCompare lets you compare many interesting cryptocurrency and blockchain tools and products. For example have you ever wanted to try mining Bitcoin or another cryptocurrency?
Find out how long it will take for you to regain your initial investment and make a profit. Compare equipment, mining tools and much more at CryptoCompare.
3 ) MyEtherWallet (MEW) – Ethereum based wallet
That means Ether (ETH) and all the tokens created on the Ethereum blockchain. The service is completely free and easy to use.
They have recently spent some time improving the look and feel of their site. MEW is one of the most well known Ethereum wallet interfaces around. It has been trusted by many cryptocurrency holders for years now.
4 ) Ledger + Ledger Live
For me I get no greater comfort knowing that I am doing my best to secure my own personal cryptocurrency holdings in a secure and reliable hardware wallet.
Nothing beats a hardware wallet in both securing your cryptocurrencies, and keeping them safe from hackers and thieves. But also in helping yourself and learn more about the cryptocurrency space and the values associated with it.
Being your own bank is still a thing according to me. And having full control of your cryptocurrencies is part of that. And there is no better hardware wallet than the Ledger Nano X, or the Ledger Nano S.
I do also love the Ledger Live application that you can download for your computer or mobile device. It is simple to use and really nice-looking.
You can easily add your apps and cryptocurrencies to your wallet addresses and track the value of your portfolio in real-time.
So if you haven’t already invested in a safe and reliable hardware wallet then go for it! I can promise you it’s worth the investment cost.
5 ) Binance – Cryptocurrency exchange
Binance is right now according to use the leading cryptocurrency exchange in the world. If you factor in the selection of cryptocurrencies available for trading. To the trading volume, and their SAFU fund.
In recent times they have launched Fiat gateway sites, added a new US (soon to be launched) U.S cryptocurrency exchange. To counter the regulatory issues on the U.S market.
Binance officially launched their fiat to crypto earlier in January 2019, called Binance Jersey. Taking their next step to further (Binance announcement) label themselves as one of the leading cryptocurrency exchanges in the world.
What I like about Binance is that the exchange is very easy to use. They have spent time creating a good user experience. And it is fairly intuitive. Nothing to extravagant and recognisable trading features.
Binance has also been good when it comes to communication. Often providing quick and handy updates to their users. It is actually not often the case when compared with other cryptocurrency exchanges.
6 ) KuCoin – Cryptocurrency exchange
Another favourite cryptocurrency exchange of ours right now is Kucoin. There are a lot of good crypto exchange
Kucoin launched in 2017 and fairly quickly made a name for itself in the crypto world due to its quick adoption of altcoins. Often new and exciting altcoins were first to launch on KuCoin with others to follow.
KuCoin also has its own coin called Kucoin Shares (KCS). Which is a passive income coin, where you as a holder of KCS gets a percentage of the trading fees from the Kucoin exchange?
This percentage is paid out daily in KCS and allows you to increase your holdings, and thus the future rewards with the compound interest model working in your favour.
Overall Kucoin has proven to be a leading cryptocurrency exchange. And a strong competitor to Binance. Kucoin holds most of the popular coins, and they are also often one of the first to add new exciting altcoins.
7 ) 3commas – Crypto trading bot
3 Commas remain one of the most recent crypto trading software in the market. The excellent profits that people see from 3 Commas are beyond anticipation. Even at the period of bear crypto markets, the system has been able to provide results.
During cryptocurrency bull operations, 3 Commas can help with more gains. With this software, traders have the chance to trade a plethora of digital assets.
For starters, the 3 Commas trading bot is around twenty-four dollars. If you want to enjoy the crypto trading market, 3 Commas is the right software to use.
8 ) Shrimpy – Crypto trading bot
In the world of crypto trading bots, Shrimpy remains a leading system. The real area of operation of Shrimpy is the portfolio management environment.
Rebalancing is a fundamental portfolio technique that Shrimpy uses to operate. Creating an account on Shrimpy will help in automating your portfolio within minutes.
It will help to insert a rebalance time, choosing assets, and adding exchange API keys. Using Shrimpy will help you handle crypto activities with ease. The API system of this product operates in the form of a full management solution. Shrimpy also provides users the opportunity of communicating with other people.
It is a way of collecting data, implementing trades, and accessing an account. With low latency trading, Shrimpy is one of the best applications to use. If you are using the Shrimpy API keys, then forget about spending money on maintenance.
9 ) BlockFi – Crypto Lending
“Earn Up to 6.2% Annually on Your Crypto”BlockFi
Crypto lending company BlockFi has tried to entice crypto holders to skip the secure hardware wallets for a more lucrative option.
If you had Bitcoins stored on an exchange and not used, you could use BlockFi to lend it out to fellow traders. And earn interest in return.
From 7% annually to 10% +. This makes holding your cryptocurrencies on the exchange more attractive.
So instead of having your cryptos and Ledger wallets gathering dust at home, maybe you should check this crypto trading tool out and earn some passive income while at it.
You can also earn money from referring other users to BlockFi – check it out to earn income from your experience as a trader!
10 ) Gem – Cryptocurrency portfolio app
I have talked a bit about the two famous crypto portfolio apps, Blockfolio and Delta here at Go CryptoWise.
But in this crypto trading tools list, we wanted to give a shout out to another really slick and awesome crypto portfolio app. That goes by the name of Gem.
If you haven’t checked it out yet, do so. It looks good and has some nice features. Like the exchange sync and visually really pleasing portfolio tracking.
It is nothing groundbreaking, but it delivers it in nice packaging and easy to use UX and UI. So check Gem out to find out more.
11 ) CryptoSpotlight – Trading signal tool
CryptoSpotlight is another handy crypto trading tool that I think deserves to be on this list. This tool gives you trading signals for the cryptocurrencies that you want to follow.
With these signals that get sent to your phone or computer, you can quickly get updates and make trades before the masses.
How it works is that it sends out signals or notifications when a cryptocurrency gets a spike in interest or attention.
Which can happen at any time, and is based on real-life events. It is a subscription model and they are promising good returns or the money-back guarantee. So it might be worth it for you to check it out.
12 ) CryptoID – Blockchain explorer
This is a an aggregator of blockchain explorers in one place. A blockchain explorer is a tool which lets you track all the recent and past transactions made. You can also search for specific transactions using the unique transaction ID. And you can also search for wallet addresses.
This allows you to easily keep track of the holdings of a specific wallet. With CryptoID you can for example keep track of Litecoin, DASH, Pivx and many more.
Conclusion – did you find a new trading tool?
I hope you liked this list of crypto trading tools. Hoepfully there are a couple of mentions on this list that you’ve never used before and that could come in handy for you.
I have mixed a few different types of trading tools and apps to make the list appeal to a broader audience.
Do you use any of these tools? What do you think of them?
Send over your favourites to us and I might add them to another one of our lists in the future! Also, make sure to check out our big list of handy crypto tools.
Hello and welcome to Go Cryptowise.
My name is Per Englund and I’m a long-term fan and investor and trader of Bitcoin and other cryptocurrencies. I caught the attention of Bitcoin like many other several years ago, but it was first around 2016/2017 that I truly got into cryptocurrencies and blockchain technology.
I have since traded, bought, researched and learnt about this new emerging space to the fullest. When not producing crypto-content I create and design new products and businesses. And I want to combine my business experience with my passion to create meaningful content for all our readers.
And I am bringing this vision to my writing and how Go CryptoWise work.
Connect with me on LinkedIn. Ask me anything on here.
Get in touch with me to find out more about Go CryptoWise and what we care about.