The trading of cryptocurrencies is becoming more and more popular now that blockchain technology and decentralized applications and products are mentioned by the media frequently. But effective trading is still complicated and you need deep knowledge about statistic, fundamental and technical analysis. CryptoStat.org wants to create a one stop cryptocurrency info site, so traders will only have to look into one spot.
How CryptoStat Works
CryptoStat.org will provide multiple features for its users to choose from and is planning to further extend their services moving forward. The platform will help to overcome and combat those masses of data that come with cryptocurrencies, blockchain technology and trading.
CryptoStat Main Features
One of the main features is the combined listing of Altcoin prices, volume and orderbook statistics from major exchanges like Bitfinex, Bittrex or Binance as well as current Bitcoin prices.
The site will update fundamental information from over 100 news sites and social media which will include Reddit and Twitter. Even forecasts about upcoming forks with an accurate time estimation based on block size and block time analysis will appear on the site.
What’s Next For CryptoStat?
The platform will be extended to have more features that include different alerts for example when Bitcoin prices are rapidly increasing or decreasing.
All user can set different views, one separate table will include a dynamic short list of coins that have the most potential, measures by:
- Volume Change
- RSI (Relative Strength Index)
- MACD (Moving Average Convergence Divergence)
- Bollinger Bands
The site offers its user very individualized push-alerts for their specific coins in regards of price and volume change.
From the beginning of next year on, the site will release a monthly research report on undervalued coins and upcoming ICOs. As this is a young product, the team is still looking for suggestions on the product and is open for collaboration. For more info, keep an eye out on the company’s website.