5 Tools Everyone In The Cryptocurrency Space Should Be Using

File:ToolBank wheelbarrows.jpgIntroduction

The cryptocurrency world has so many tools available on the market. When you start, you do not necessarily know what tools you need or which one is a good fit for you. When I face an obstacle or a problem, I know someone has already a solution for the problem I have.

The developers and entrepreneurs find innovation and build tools where they expect a market. I am like you, reading and always finding tools to help me in my journey on this epic world.

Here are 5 tools everyone in the cryptocurrency space should be using

1 – Cryptocompare

This is an awesome website where you can track your crypto portfolio. This is an important tool to have in your box if you are an investor or simply to know what is the current value of your crypto assets.

I wrote a previous post about the different options you have on the market: https://chesatochi.com/software-monitoring-crypto-investments/

2 – Hardware wallet

The most important thing you need to remember, if you do not own the private key, you are not the true owner. It is like your home, you need to have a key to enter; the same applies to your crypto vault. It is important to invest in a good hardware wallet, you can expect a good return on your investment in the long run.

I invite you to check two articles I wrote about the subject:

  1. https://chesatochi.com/hardware-wallet-storing-crypto-assets-offline/
  2. https://chesatochi.com/ledger-nano-s/

3 – Trading exchange

The most common place where people can buy coins is trading exchanges. The most popular on the market where everyone should expect to have an account are the following:

  1. Poloniex: https://coinmarketcap.com/
  2. Bittrex: https://bittrex.com/

4 – Coinspectator

I follow the cryptocurrency news every day and read a lot of what is going on. Sometimes it took me two or three hours just to stay up to date.

The average person does not have this precious time to stay informed, someone has built a website where you can read in one place the news from many sources.

You can check my review of this tool here: https://chesatochi.com/coinspectator/

5 – Coinmarketcap

This is a website that I visit often and everyone should include to their bookmarks. This site shows all the assets and cryptocurrencies available on the crypto market. Also, you can see the latest price, the market cap, and much useful information in one place.

The website: https://coinmarketcap.com/

Last word

New tools appear constantly to give value to someone and save our valuable time. It is important to take a step back and try something new. In the beginning, it is not easy, but you have always a learning curve and you should go out of your comfort zone.

Now you have some tools to try, and I hope this list is going to improve your daily life with cryptocurrency.

Do you know great tools that you would like to share?

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