10 Best Crypto Tools Every Trader Should Know

2. Ledger Nano X - Best Cold Wallet

Online wallets and crypto trading apps are great for convenience, but they can be vulnerable to hacks. Ledger Nano X offers the peace of mind that comes with knowing your cryptocurrencies are safe, no matter what.

Think of Ledger Nano X as the ultimate vault for your digital assets. Unlike crypto platforms and crypto trading sites that store your funds online, Ledger Nano X keeps your cryptocurrencies offline, where they’re safe from hacks.

One of the standout features of the Ledger Nano X is its offline storage, which means your private keys are never exposed to the internet. This is crucial for long-term holdings, especially if you’re serious about cryptocurrency trading and want to keep your investments secure. 

The wallet supports a wide range of coins, so you can manage multiple assets in one place. Plus, it’s got Bluetooth connectivity, so it’s super convenient to access your funds on the go without sacrificing security.

Check out the 10 best crypto wallets this year here.

3. TradingView - Best Technical Analysis Tool

If you’re serious about cryptocurrency trading, then TradingView is a must-have in your toolkit. It’s the best trading platform crypto enthusiasts turn to when they need powerful technical analysis. 

One of the main reasons we love TradingView is its incredible charting tools. The platform offers a wide range of indicators that you can customize to suit your strategy. And for those of us who like to share our insights or learn from others, TradingView’s social sharing features are top-notch. You can connect with other traders, share your charts, and even follow trading ideas from experts across the globe.

Technical analysis is so crucial in crypto trading. Because the market moves fast, and you need to make informed decisions quickly. Trading platforms for crypto are full of opportunities, but without the right tools to analyze price action, you might miss out. TradingView helps you stay ahead of the game by providing real-time data and analysis that you can trust.

4. Cointelegraph - Best Crypto News and Educational Platform

Cointelegraph offers comprehensive coverage of everything happening in the crypto space. It keeps you in the loop with real-time updates and in-depth articles. The platform is packed with educational articles that help you understand the ins and outs of cryptocurrency trading. 

Keeping up with the latest crypto news and trends can help you anticipate market movements. With its real-time updates, market analysis, and educational content, Cointelegraph is the best crypto platform for news and learning.  

5. Coin360 - Best Cryptocurrency and Crypto Exchange Live Data Aggregator

Coin360 is the best tool for live data on cryptocurrencies and exchanges. It provides a clear and visually engaging way to keep tabs on the market.

One of the coolest features of Coin360 is its heatmap, which gives you a snapshot of the entire crypto market at a glance. The blocks on the heatmap are color-coded—green for rising prices, red for declines, and gray when things are steady. The size of each block represents the market share of each cryptocurrency or crypto exchange.

The crypto heatmap makes it super easy to see which assets and exchanges are dominating the market and which ones are losing ground. Coin360 also delivers real-time price updates, so you’re never left in the dark. The platform also offers a Watchlist feature to track your favorite assets and Global Charts to view both current and historical market data. 

6. Uniswap - Best Decentralized Exchange (DEX)

Unlike traditional crypto platforms where you need to trust a centralized entity, Uniswap puts the power back in your hands with permissionless trading. It’s the best decentralized exchange for anyone looking to trade crypto on their terms.

One of the key features of Uniswap is its liquidity pools. Instead of relying on market makers, Uniswap allows users like us to provide liquidity, so it’s easier to swap tokens without waiting for a matching order. This system improves trading efficiency and lets you earn fees as a liquidity provider. 

On traditional crypto trading platforms, your funds are held by the exchange, which can be vulnerable to hacks or regulatory issues. With Uniswap, you’re trading directly from your wallet, which means you maintain full control of your assets at all times. 

7. CoinTracker - Best Crypto Tax Calculator

Let’s face it—nobody loves doing taxes, especially when it comes to cryptocurrency trading. That’s where CoinTracker comes in, the best tool for taking the headache out of crypto tax calculations. 

One of CoinTracker's standout features is its automated tax calculations. No more scrambling through your crypto trading platforms and crypto exchange records at the last minute. CoinTracker integrates seamlessly with top-rated crypto exchanges and platforms, pulling in your trading data and calculating your tax liability automatically. It’s the best crypto trading app for keeping your tax obligations in check without the hassle.

Another big plus? CoinTracker’s tax-loss harvesting feature. This tool helps you minimize your tax bill by identifying opportunities to offset your gains with losses—something every savvy trader should take advantage of. 

Accurate tax reporting is essential, especially with the increasing scrutiny on cryptocurrency trading by tax authorities. Mistakes can lead to penalties, and that’s a risk none of us want to take. CoinTracker simplifies the entire process, so you stay compliant without the stress. 

8. 3Commas - Best Trading Bot

One of the best things about 3Commas is its customizable trading strategies. You can automate your trades based on predefined conditions. Plus, with the backtesting feature, you can test out your strategies before going live.

Risk management is another area where 3Commas shines. The platform offers tools like stop-loss and take-profit orders. These features help you protect your investments and keep your emotions in check. 

We all know how stressful it can be to monitor the markets 24/7, especially when you’re using multiple crypto platforms. 3Commas takes the heavy lifting off your shoulders by allowing you to automate your trades and make informed decisions without constantly staring at charts.

9. Trust Wallet - Best Hot Wallet

When you’re on the go and need quick access to your crypto, Trust Wallet is the best hot wallet to have in your pocket. It’s perfect for those daily transactions and for anyone who wants to stay connected to their crypto trading no matter where they are.

Trust Wallet is incredibly user-friendly. The interface is clean and straightforward. You can store a wide variety of coins, thanks to its multi-currency support, which means you won’t need multiple wallets for different assets. Plus, Trust Wallet comes with a built-in DApp browser, which lets you interact with decentralized applications directly from your wallet—no extra tools needed.

Hot wallets are designed for quick and easy access, making them ideal for day-to-day transactions. Unlike cold wallets that are better suited for long-term storage, Trust Wallet gives you the flexibility to move your assets around as needed, all while keeping your funds secure.

10. CoinStats - Best Crypto Portfolio Tracker

CoinStats stands out for its ability to integrate with all the major crypto trading platforms, making it easy to sync your portfolio across different exchanges and wallets. This means you get a real-time view of your investments without the hassle of logging into multiple crypto trading websites. 

Plus, with CoinStats' in-depth analytics and performance tracking, you can make informed decisions about when to buy, sell, or hold your assets. With CoinStats, you can easily track your gains, losses, and overall performance.