CoinMarketApp Review: Crypto Charts, Portfolio Manager and ICO Tracker
Is CoinMarketApp Worth Using?
The volatility of crypto markets makes it imperative for traders and investors in the crypto world to have real time and reliable data. This will help them to take advantage of even the shortest-lived crypto trends, which is quite common in the crypto markets. The CoinMarketApp does just that. It gives watchers of the cryptocurrency markets an insightful look by helping them access critical data about specific tokens or coins.
With thousands of viable crypto coins in the market, it can be almost impossible to keep track of all of them by studying them one by one. CoinMarketApp offers basic information that users require about crypto and much more. The app provides users with data that is crucial to making important decisions in the crypto markets. It also offers news about ICOs and any important events in the crypto world. Additionally, this app will show the prices of a coin across the different exchanges.
The Features of CoinMarketApp
CoinMarketApp has over 1400 coins listed. It provides data about the coins such as the market cap, trading volume in various exchanges and the circulating volume of the coins. It also offers users with data about the exchange market. Users will get alerts on real time issues on each coin. There is even a feature that shows news about upcoming and current ICOs. This will let users make wise decisions about new coins and their investment prospects.
Other cool elements on CoinMarketApp are charts and graphs that are generated on all coins. These can be accessed when the coin a user cares about is clicked on. The chart will show how the coin has performed since it was created. Besides that, it will show the value against the BTC and USD. The versatility of the app makes it possible to do an in-depth analysis on the go. Whether you want to see daily, weekly, monthly, or yearly price changes, this app lets you do it.
The news alert feature is worth mentioning. This app will send news feeds from Reddit news, which can be useful for traders who trade based on the extensive analysis. The chart and news combination makes this a great app for the serious investors.
It could improve in Future
The app has many great features, but it could do with more in the future. For instance, navigating through thousands of coin can be complex. This has led to some complaints about the app. However, those who plan to use it should already have a coin in mind for it to be effective.
Besides that, different news sources could post the same story more than once. This could thus lead to the RSS feed showing a story more than once. However, this could improve with future updates to the algorithm. This way, you do not see the same type of information more than needed with only a slight variation in the title.
This app is great for those that like to watch the market closely. It is good for both getting a glance at the market and in-depth analysis.