Do you know what makes some crypto traders much better than others? They analyze everything. We live in the day and age where all information is at the tip of our fingers, and it’s up to us to seize the opportunity and make a profit from that.
This is more than true when it comes to cryptocurrency trading. If you can have access to essential price data of the cryptocurrencies you’re trading, you’ll be able to make the best out of it.
The most important thing about crypto price data is that it’s completely free of charge. In other words, you don’t have to pay extra fees to see special charts and other useful info, as the majority of sites that offer this type of service don’t charge anything. Simply put, all you have to do is learn how to read the data and make the moves accordingly in your trading strategy.
In this article, we’ll list some of the best sites for anyone who wants to analyze crypto price data.
CoinMarketCap is probably the best and the most popular tool that can help you analyze cryptocurrencies. The platform was founded in 2013, and its parent organization is Binance Holdings Limited.
As soon as you land on the site, you’ll see a long list of the most popular digital coins sorted by their overall market capitalization.
What’s more, CoinMarketCap provides a fantastic overview for every cryptocurrency featured on the site. The central part of every overview page is occupied by a big chart of price changes for the cryptocurrency at hand. You can switch to different timelines and have a detailed overview of how the cryptocurrency traded against popular fiat and cryptocurrencies.
Moreover, you’ll be able to read more about the crypto you’re examining. You’ll learn when it was created, what its purpose is, what the latest upgrades are, and more.
Needless to say, CoinMarketCap offers a currency price and market cap overview, in addition to supply information. All in all, you can’t go wrong by choosing CoinMarketCap to get more information about cryptocurrencies.
CoinGecko is similar to CoinMarketCap, as it basically features all options you’ll find on the site we covered above. You’ll see an overview of the most active cryptocurrencies listed by their current market cap. Moreover, you’ll be able to select individual crypto and learn more about its price, market cap, trading volume, history, etc.
CoinGecko also features a decent news section, as well as CoinGecko Beam and CoinGecko Podcast. Moreover, it’s available on a wide array of social media and forums, with an active community around the globe. All in all, it’s a decent resource for all serious cryptocurrency traders out there.
Godex is a decentralized cryptocurrency exchange that has been getting a lot of attention lately. Although it’s not as detailed as the CoinGecko and CoinMarketCap, it’s actually pretty beginner-friendly and offers a great opportunity to learn more about trading by practicing it. Godex also offers a basic overview of the crypto trading pair you’re swapping. For instance, if you want to trade Bitcoin and Monero, you can access a simple yet intuitive BTC to XMR chart and see how they traded against USD in the past.
CoinDesk is, above all, a news site that focuses on Bitcoin and other digital currencies. The platform was founded in 2013, and its founder is Shakil Khan. The company has headquarters in New York.
Soon after the launch, CoinDesk introduced the popular CoinDesk Bitcoin Price Index, which shows additional details about BTC using data from leading exchanges.
Nowadays, CoinDesk is one of the most popular go-to sites for cryptocurrency traders and investors. It covers a wide range of stories and is usually the first to publish exclusive news from the industry.
One of the features that it also offers is price overview, which extends to all popular cryptocurrencies and not just Bitcoin. Truth be told, CoinDesk’s crypto overview is not as detailed compared to CoinMarketCap and CoinGecko, but it’s still a feature for a site that’s focused on the industry news.
Coindesk also features a wide array of other options, such as learning materials, videos, podcasts, research materials, and more.
Learning the basics to start trading cryptocurrencies isn’t that difficult, but mastering the art of crypto trade requires a lot of devotion. The good news is that you don’t have to pay anything to do it, as there are all kinds of free resources available on the web, and we listed some of the most popular ones in this article. Feel free to check them out and explore their services.
Some of them might seem a bit confusing to you at first as you’ll see plants of figures, charts, and more. Don’t worry, though — all of them are easy to learn.