The world of cryptocurrencies can seem complex and intimidating, especially for beginners. However, there are numerous tools available that can make the journey into the crypto world much easier and more accessible. In this article, I’ll explore the 7 best websites and mobile apps that every beginning investor should know about. Not only are these tools easy to use, but they’re also free, offering incredible value for anyone who wants to start investing in cryptocurrency.
1. CoinMarketCap
What is it
CoinMarketCap is one of the most used and reliable resources for anyone interested in cryptocurrencies. It provides detailed information on almost all existing cryptocurrencies, including prices, market capitalization, trading volume, and much more
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Main Features
- Cryptocurrency List: Information updated in real time on thousands of cryptocurrencies.
- Historical Charts and Data: View historical price charts and analyze market trends.
- Comparison Tools: Compare different cryptocurrencies to make informed decisions.
2. Binance
What is it
Binance is one of the world’s largest and most popular cryptocurrency exchanges. It offers a platform for buying, selling, and trading a wide range of cryptocurrencies.
Main Features
- Wide Selection of Cryptocurrencies: Supports hundreds of different cryptocurrencies.
- Advanced Trading Tools: Offers advanced trading tools such as limit orders and stop-losses.
- Staking and Savings: Opportunity to earn interest on held cryptocurrencies.
3. Crypto.com
What is it
Crypto.com is an all-in-one cryptocurrency platform that offers an exchange, a crypto debit card, loans, and more.
Main Features
- Crypto Debit Card: Allows you to spend cryptocurrencies like traditional money.
- Mobile App: Easily manage your cryptocurrencies directly from your smartphone.
- Earn: Earn interest on your cryptocurrencies with staking and savings programs.
4. Ledger Live
What is it
Ledger Live is the official application for managing Ledger hardware wallet devices, one of the most secure ways to store cryptocurrencies.
Main Features
- Military-Grade Security: Protects cryptocurrencies from hackers and cyberattacks.
- Multi-Crypto Management: Supports a wide range of cryptocurrencies.
- Intuitive User Interface: Facilitates the management and monitoring of your digital assets.
5. CoinGecko
What is it
CoinGecko is another popular website for tracking cryptocurrency prices and obtaining detailed market information.
Main Features
- Complete Market Data: Offers a complete overview of prices, volumes and market capitalizations.
- Cryptocurrency rankings: Classify cryptocurrencies based on various criteria such as trading volume and market capitalization.
- News and Updates: Provides up-to-date news and insights on the world of cryptocurrencies.
6. Blockfolio (now FTX App
)
What is it
Blockfolio, now known as the FTX App, is a cryptocurrency portfolio monitoring app that allows you to track your investments in real time.
Main Features
- Portfolio Monitoring: View the current value of your cryptocurrency portfolio.
- Price Notifications: Get alerts when your cryptocurrency prices reach certain levels.
- Exchange integration: Connect to your exchange accounts for automatic portfolio updates.
7. DeFi Pulse
What is it
DeFi Pulse is the leading website for monitoring statistics and activity in the decentralized finance (DeFi) sector.
Main Features
- DeFi Statistics: View key metrics such as the total locked value (TVL) in DeFi protocols.
- Protocol Rankings: Find out which DeFi protocols are gaining traction and popularity.
- Market Analysis: Get insights and analysis on emerging trends in the DeFi sector.
Investing in cryptocurrency may seem complicated, but with the right tools it can become much more manageable. These seven websites and applications offer a wide range of features that can help both beginners and experienced investors navigate the cryptocurrency world with greater ease and security. Using these resources, you’ll be able to make informed decisions and stay updated on the latest market trends
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