Investing in the hugely volatile crypto market calls for diversification of your digital assets to spread risk and enhance profit margins. Crypto coin’s value changes radically, and you may fail to notice the changes in price, thus missing a lucrative trading opportunity that could lead to profits or losses altogether.
If you’re trading more than two coins, keeping track of all individual coins regarding purchases, sales and profits may be challenging and cumbersome. Coin tracking sites come in handy to allow you to monitor price changes in real-time. These sites capture all the relevant data (price, market cap, trading volume, etc.) under one page for ease and convenience of comparing coins’ market performance. This enables you to make sound trading decisions without much hassle.
As more and more folks and institutional investors are entering the crypto market, coin tracking sites have gained widespread acceptance.Â
Here are the best coin tracking sites worth considering:
LiveCoinWatch
LiveCoinWatch provides comprehensive crypto market coverage with live coin prices, charts, 24-hour trading volume, market limits as well as market cap involving 2959 coins across 195 exchanges and 9, 954 markets. The platform boasts of over 47, 000 active users with an extensive list of coins and markets.
For the user interface, LiveCoinWatch features a simple and well-laid-out user-friendly interface. Users can effortlessly navigate the platform to view live prices, market cap, 24-hour trading volume, and liquidity of their preferred coin. The platform also allows users to create an account to access additional features, including setting up a portfolio, tracking specific coins, and even creating a watchlist.
Users also get the opportunity to customize the homepage information. For instance, you can choose to view BTC price on the front screen and not ETH price or view price movement on an hourly basis rather than a 24hr basis. The prices are adjusted in real-time (approximately every 5 seconds). The stats section gives you instant price updates, and you can also watch prices move in real-time.
In addition to customizing the view, you can choose to turn on the ‘Night Mode’ feature to better view without straining your sensitive eyes, especially at night.
Overall, LiveCoinWatch is a great platform to track coins. A user-friendly layout, real-time price updates, and additional features such as watchlist and portfolio tracking make it an ideal for keeping an eye on your preferred coin. The platform is available both on Web and apps (Android/ iOS)
CoinGecko
CoinGecko enables users to track over 6000 cryptocurrencies prices in real-time. Users can also view 1h, 24h, and 7d price changes, real-time price charts, market capitalization, and 24-hour trading volume. The platform is also connected to over 400 exchanges worldwide, including Binance, OKEx, Huobi, Bitfinex, Poloniex, Bittrex, etc. via APIs.
CoinGecko claims to use real-time global volume-weighted average prices to ensure users get the most-up-to-date coin prices. What’s more, the platform enables users to track Crypto Derivatives such as Perpetual and Future Contracts. Users can access real-time open interest, trading volume, contract specifications, etc. It’s also connected to over twenty derivatives exchanges worldwide, including BitMEX, Binance Futures, OKEx Futures, Kraken Futures, etc.
CoinGecko users also access trending crypto news, price alerts, and an instant calculator, which converts crypto prices to over 25 fiat currencies. Also, they able to select the favorite cryptos and set personalized price alerts. The platform is available both on Web and mobile app (Android/iOS)
CryptoCompare
CryptoCompare is a one-stop platform for all your crypto needs, live coin price tracking. The platform features several sections, including portfolio tracking, crypto wallets comparison, mining guides, reviews, analytics, news, etc. It allows you to access real-time data on 5,300+ coins and 240,000+ currency pairs involving real-time prices, market cap, 24-hour trading volume, 7-day price chart, and 24hour-price change. It connects to over 130 exchanges via API.
The UI is simple and straightforward, with well-arranged sections. Besides the different coin tracking features, users get access to a Risk Analyzer, which functions to analyze your preferred coin’s price action and relay vital insights. For instance, you can get to understand how volatile or liquid a coin in your portfolio is.
CryptoCompare also features portfolio tracking meaning that users can manage and keep track of their portfolios with accurate statistics, price changes, and profit/loss information. You can track multiple portfolios on the platform. The watchlist feature allows users to track their own customized list of coins.
Other great features on the platform include ICO tracker and timeline function, tax calculator, and adding notes. While the platform is free, the major downsides include lack of exchange API sync, outdated layout, and occasional bugs.
The platform is available on the website and mobile app(android/OS)
CoinMarketCap
CoinMarketCap is arguably one of the best crypto tracking sites listing all different cryptos in order or market capitalization. It tracks over 1600 cryptocurrencies, top 100 crypto exchanges, and supports close to 13 languages. The platform is comprehensive and very easy to use, even for beginners. Users get access to a wide range of data regarding the coin, including circulating supply, transaction volume, historical data, and price changes over the past 24 hrs.Â
CoinMarketCap features a simple layout for the user interface with all kinds of information sections reasonably categorized for ease of navigation. There’s also professional charts to enable users to observe market trends.
Other standout features include the Historical Snapshots feature to analyze past coin trends and the Cryptocurrency Converter Calculator to determine an asset’s value at any given time. The Watchlist feature also enables users to view news they might be interested in.
Ease of use and timely data makes CoinMarketCap the industry benchmark when it comes to tracking coins. The platform is available both on the Web and as a mobile app (Android/ iOS)
Authors Verdict
Coin tracking platforms offer a one-stop tracking solution enabling traders to make the right trading decision. Some come with excellent features such as API integration to exchanges and wallets for convenient trading. For any enthusiastic crypto trader dealing with more than two coins, coin-tracking sites should be used to effectively monitor and compare different coins regarding market performance and other parameters.
