Cryptocurrency trading has been gaining massive popularity over the years. As more people become interested in trading crypto, the need for reliable trading and charting software has increased. In this article, we will explore the best cryptocurrency trading and charting software in 2023, their pros and cons, and their price tiers.
The right cryptocurrency trading and charting software can help traders make informed decisions, save time, and ultimately make more profits.
What is a Crypto Trading and Charting Software?
Cryptocurrency charting software is a specialized application designed to monitor the fluctuating prices and trading volumes of different digital currencies.
This tool empowers traders with technical analysis capabilities that help them make informed investment decisions by providing them with useful features such as alerts, trendlines, and comprehensive dashboards.
Things to consider before selecting Crypto trading and charting software
There are several trading software and online platforms available, each designed to cater to traders of varying levels of expertise. To determine the most suitable software for your requirements, take the following factors into account:
Best Crypto Trading and Charting Software 2023
1. Shrimpy
Shrimpy
Shrimpy is a well-known cryptocurrency charting software that caters to both novice and experienced traders.
Apart from providing advanced charting tools, the platform also doubles as a trading platform where users can execute trades directly from the charting interface. This software also allows users to implement their own trading strategies, adding to its versatility.
Shrimpy’s sleek and modern user interface is a major attraction for many crypto traders. However, some experienced traders may find the software’s lack of comprehensive features to be a downside, especially considering its relatively new status in the charting software space.
Users can try out the software’s demo version to experience its polished user interface and user experience before committing to the full version.
Advantages
Disadvantages:
Pricing Tiers
Here are the pricing tiers for Shrimpy, based on monthly and annual billing options:
Monthly billing:
Annual billing:
Review
Shrimpy can be an excellent choice for beginner crypto traders who prefer simple, user-friendly charting software with support for multiple exchanges.
While it may have limited features compared to other established charting platforms, it’s worth noting that Shrimpy is relatively new to the crypto charting scene and may add more features over time.
2. Quadency
Quadency
Quadency is a comprehensive cryptocurrency charting software that offers a complete solution for trading and portfolio management to professional traders.
The platform features advanced crypto charting tools, a powerful trading engine, and a robust API for developers.
Moreover, Quadency provides a range of tools for managing crypto portfolios, such as performance tracking, tax reporting, and portfolio rebalancing.
Advantages:
Disadvantages:
Pricing Tiers:
Quadency uses a tiered pricing system and accepts payments in USDC or their own token QUAD.
Quadency has three pricing tiers:
Review
Quadency is an advanced all-in-one crypto trading and portfolio management platform that offers a multitude of features and tools. However, due to its complexity, it may not be suitable for beginners, and it has limited customer support.
3. Cryptowatch
CryptoWatch
Cryptowatch is a well-known platform for charting and trading that allows you to access real-time market data for cryptocurrencies, advanced charting features, technical analysis tools, and news feeds. Additionally, it is accessible on both web and mobile devices.
Advantages:
Disadvantages:
Pricing Tiers:
Cryptowatch offers a free version with limited features and three paid tiers. The pricing tiers are:
Review
Cryptowatch is a robust trading and charting platform for cryptocurrency, providing an extensive array of features and supporting multiple platforms. Nevertheless, some users may encounter difficulties with the user interface.
4. Cryptoview
CryptoView
CryptoView stands out among crypto chart websites for its user-friendly and straightforward charting platform. Not only does it offer a cryptocurrency portfolio manager, but it also functions as a multi-exchange trading platform.
Perhaps the most appealing aspect of CryptoView is that it is completely free to use.
Advantages
Disadvantages
Some potential cons of using CryptoView are:
Pricing Tiers:
Users can enjoy a 30-day free trial, after which they will be charged a monthly subscription fee of $29. CryptoView offers three pricing tiers for users:
Review
In general, Crypto View is an excellent choice for individuals seeking straightforward charting tools at no cost. Nonetheless, it may have limitations for some users due to its absence of mobile support and limited exchange support.
Conclusion
Numerous crypto charting software platforms are available, including both free and paid options. The optimal platform for you will depend on your trading requirements and preferences. Regardless of which platform you select, ensure that it provides the features and tools necessary to apply technical analysis to your trading. By utilizing appropriate charting software, you can enhance your crypto trading activities.
