Live cryptocurrency prices – Introduction
Who wants to make good investments in digital currencies need to keep an eye on the price of these assets. Even more because transactions in the crypto world take place 24/7. Therefore, having access to live cryptocurrency price oscillation is important to know when to buy or sell the assets.
However, many people have questions about how to keep up with these price oscillations. If you have the same question, you should keep reading this article..
Below, we’ll show you what you need to know to track live crypto prices.
How to track prices in real time?
There are two main ways to track cryptocurrency price oscillations. The first way is in the exchange where you have an account. The second one and most popular is accessing price tracking tools. In other words, specific platforms that present the real-time quotation of several digital assets.
These platforms bring a lot of important information to investors, in addition to the traded value. Among the data you can check are:
- crypto that are trending in the market;
- trading volume of each asset worldwide;
- recently added assets in the crypto market;
- rates of increase or decrease in prices.
What should you consider when selecting a price tracking tool?
The most popular and used cryptocurrency tracking tool is CoinMarketCap. However, there are several other websites on the market. When choosing one, it’s important to take into account two basic factors: the accuracy and reliability of the data that the website presents.
If you don’t observe these two points, you could run serious risks of making wrong decisions and ending up losing money on your investments.
What are the main platforms to track cryptocurrency prices?
As already mentioned, CoinMarketCap is the most popular website for anyone who wants to track cryptocurrency prices live. Here we’ll introduce you to more information about it and show three other reliable trackers tools.
CoinMarketCap
CoinMarketCap was created in 2013, this website is quite complete. It brings information about the current market value of a cryptocurrency, shows the trading volume made in the last 24 hours and the percentage oscillation in the same period. It also demonstrates the current offer of the asset and provides a chart with the fluctuations of specific periods.
You can also compare the prices of a crypto on different exchanges, which is very useful for those who want to do crypto arbitrage trading. That is, buy in a place with a lower price and sell in another one with a higher value.
This website introduces a list of the top 100 crypto on the market and another with lesser-known coins. That way, you can access information more easily.
Coinlib
Coinlib is another good tracking website. It offers users the possibility to compare prices of up to four digital assets simultaneously. This is very useful when defining investment strategies.
Furthermore, the platform provides the index called Bitcoin (BTC) dominance for verification. It’s used to demonstrate the percentage amount of investments being made in BTC and not other crypto.
Bitgur
Bitgur is also an interesting site for live crypto price tracking. It offers several filtration systems. So users can search for the digital asset they want by year, technology type and category.
In addition, the website has its own tool that makes predictions of BTC rates. It also displays currency volatility indices and has a function called watchlist. This is often used to monitor trading or investment opportunities.
Tracking prices across exchanges
Additionally using specific price tracking websites, you can also track crypto quotes using the exchange where you make your investments.
In this case, choose the desired crypto or token and go to the platform trading panel. There you can access the price oscillation in real time.
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Live cryptocurrency prices – Conclusion
As you can see, there are a lot of websites where you can track the prices of crypto live. Using them regularly helps you make more proper analyzes and create short, medium and long term investment strategies.
After all, the crypto market is extremely volatile. Therefore, it’s essential to stay on top of price oscillation to avoid losses and maximize your profits.
To complement your knowledge, we recommend you reading the following article: Comparing cryptocurrencies to invest.
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