Introduction
There are a lot of different cryptocurrencies at the moment, which is why it can get difficult for traders to keep track of all these different coins. The cryptocurrency market is also a highly volatile market making it almost impossible for traders to stay up to date with the prices of cryptocurrencies at all times. To make matters worse there are numerous exchanges and many of them have different price listings and fluctuations for each coin. All these factors combined can make trading cryptocurrencies extremely difficult. Cryptassist is an upcoming company in the Crypto field, and their motto is knowledge is power. Crytpassist will offer numerous different tools and services, but this article is going to narrow down on one particular extremely important service that Cryptassist will be offering. Cryptassist will be making trading easier by providing specialised information to traders in real time.
Crypto Compare
For traders finding particular financial data related to their target commodities, stocks, or cryptocurrencies is important. Cryptocurrencies are similar to traditional fiat currencies in the sense that just like traditional fiat currencies, traders can also use ratios for cryptocurrencies to create pairs amongst two different cryptocurrencies. These ratios are based on analyzing cryptocurrencies and finding the two cryptocurrencies that can make the most profitable pair based on the going rates of all cryptocurrencies. Finding the two cryptocurrencies that create the best pair based on current going rates is no easy task, and this task is made harder by the fact that there are numerous cryptocurrency exchanges each with their own going rates for all cryptocurrencies. Cryptassist will create a tool for comparing cryptocurrencies, this tool will automatically search through all cryptocurrency exchanges and analyze every token in each exchange to create the best trading pairs based on current going rates of each cryptocurrency. This tool will be called Crypt compare
Another technique cryptassist uses to assist traders is through their cryptassist app. The cryptassist app is designed to help keep traders up to date on cryptocurrencies of their choosing. People can specify their preferred cryptocurrencies on the cryptassist app and based on the person’s specifications the crypt assist app will send users alerts advising them about the best time to buy or sell a certain cryptocurrency. Cryptassist trading alerts are not a free service, however. Users will have to pay a fee for this service in the form of CTA. CTA is cryptassist’s cryptocurrency.
Important Note
The crypto compare tool being made by cryptassist will be very useful for traders. Crypto compare will analyze all the exchanges and each cryptocurrency in them finding the best trading pairs for traders automatically. This service will make finding the best trading pairs much faster and easier for traders, however it should be kept in mind that due to the volatile nature of cryptocurrencies these pairs may change rapidly and it is not recommended to use this tool for long term investments. Cryptassist will also provide users with specific alerts that will advise users on the best time to buy or sell specified cryptocurrencies. Even though cryptassist will be using professionals to provide the advice users should use caution whenever provided with any trading advice.
Company: Cryptassist
Website: https://www.cryptassist.io/
Whitepaper: https://www.cryptassist.io/assets/downloads/whitepaper.pdf
Bitcointalk thread: https://bitcointalk.org/index.php?topic=4553885.0
Telegram: https://t.me/CryptAssistCoin
Twitter: www.twitter.com/cryptassistcoin
Author: https://bitcointalk.org/index.php?action=profile;u=2127077
Telegram: @SunnyFang
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