In this article we will be writing about some of the peculiarities of the revolutionary GDXM terminal officially launched this week which has been made to monitor the market efficiently and intuitively.
What Is The Global Digital Exchanges Monitor (GDXM)?
The Global Digital Exchanges Monitor (GDXM) is an efficient monitoring terminal for the cryptocurrency market that covers several important elements. It has started its operations on May the 27th. As early as February 2018, it was running at the public's disposal in its beta version. Now it is officially available for all cryptocurrency enthusiasts who are involved in trading activities. From now on you can enjoy from GDXM to track important cryptocurrency trading indices in several different cryptocurrency exchanges. Moreover, the platform provides real-time information on cryptocurrencies from exchange platforms around the world.
You can monitor the following cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Ripple (XRP) and Dash (DASH). And so far, Nicola Farenga, co-founder of the company, has not expressed himself on whether or not to expand the list of the terminal to other promising potentialities of the market. The exchanges compatible with the portal are: Binance, Bitfinex, Bitstamp, Bittrex, Bitmex, Gdax, Gemini, Hitbtc, Kraken and Poloniex.
Functions And Panels:
The terminal is designed with an intuitive and simple enough interface, both for the desktop client and for the mobile application. The GDXM terminal provides indicators such as Fibonacci retracement levels, moving averages, average distributions and price distributions.
Within its functions, it has an asset summary panel: here you can obtain the summary in a snapshot, reflecting the stock market capitalization, the average price and the percentage changes. This allows you to quickly see the real-time position of the selected cryptography vis-à-vis. A monitoring table reflects aggregate data on significant cryptocurrency exchange platforms. Allow operators to monitor and compare prices against trading volumes and purchase/sale offers.
To obtain an overview of the exchange, the user must click on the name of the exchange service in the tab ‘Supervision Table’ to show a brief description of the platform. It also enjoys trading volume graphs showing the market share for each cryptocurrency exchange platform.
And for more experienced traders, who think that all the other factors around the market are the crucial element that generates unexpected turns in the price of virtual currencies, they also have a news section. Because, as they explain from this business science, events in the financial world shape the feelings of investors and affect the general perspective of the market.