Cryptocurrency price tracking software is an application and platform that allows users to get up-to-date information on the prices of various cryptocurrencies in real time. Here are the main aspects of such software:
Main functions
- Price Monitoring : The software allows you to track the current prices of over 7,000 cryptocurrencies, including popular ones such as Bitcoin and Ethereum.
- Alerts : Users can set up notifications when certain price levels are reached for the cryptocurrencies they are interested in.
- Market Analysis : Many apps provide data on market capitalization, trading volumes, and other important metrics to help users make informed investment decisions.
- Portfolio tracker : Some platforms offer features for creating and managing an investment portfolio, allowing users to track its performance.
Software examples
- CoinMarketCap : One of the most popular resources for tracking cryptocurrency prices, providing market capitalization and trading volume data.
- Coinglass : A mobile app that offers features for tracking the cryptocurrency futures market and provides detailed charts and statistics.
- GoodCrypto : This screener allows users to monitor prices in real time and receive trading signals based on technical analysis.
How does this work
The software uses data from various cryptocurrency exchanges to display up-to-date prices. This data is updated in real time, allowing users to stay up-to-date with market changes. Cryptocurrencies are stored on a blockchain, a distributed database where all transactions are recorded.
Thus, cryptocurrency price tracking software is an important tool for traders and investors, allowing them to effectively manage their assets and make informed decisions.
