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Are there any free platforms that offer similar features to Bloomberg Terminal for analyzing and trading cryptocurrencies?

avatarChendoDec 25, 2021 · 3 years ago3 answers

Can you recommend any free platforms that provide similar features to Bloomberg Terminal for analyzing and trading cryptocurrencies? I'm looking for a platform that offers advanced tools and data analytics to help me make informed trading decisions. It would be great if the platform also offers real-time market data, customizable charts, and a wide range of technical indicators. I want to explore different options before committing to a paid service. Do you have any suggestions?

Are there any free platforms that offer similar features to Bloomberg Terminal for analyzing and trading cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! There are several free platforms that offer similar features to Bloomberg Terminal for analyzing and trading cryptocurrencies. One popular option is TradingView. It provides a wide range of technical analysis tools, customizable charts, and real-time market data. You can also access a community of traders and share ideas. Another platform worth considering is Coinigy. It offers advanced charting tools, portfolio tracking, and access to multiple exchanges. Additionally, you can set up price alerts and receive notifications. These platforms can be a great starting point for your cryptocurrency trading journey.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! If you're looking for free platforms with features similar to Bloomberg Terminal for analyzing and trading cryptocurrencies, you should check out CoinMarketCap. While it may not offer the same level of advanced tools as Bloomberg, it provides comprehensive market data, price charts, and information on thousands of cryptocurrencies. It's a valuable resource for tracking market trends and making informed trading decisions. Another option is CryptoCompare, which offers real-time data, news, and analysis. It also has a portfolio tracking feature to help you manage your investments. These platforms can be a good starting point for traders on a budget.
  • avatarDec 25, 2021 · 3 years ago
    Definitely! While there may not be a free platform that offers the exact same features as Bloomberg Terminal for analyzing and trading cryptocurrencies, there are some alternatives worth considering. One platform that comes to mind is BYDFi. It offers a range of tools for technical analysis, including customizable charts and indicators. It also provides real-time market data and supports trading on multiple exchanges. However, it's important to note that BYDFi is a relatively new platform, so it may not have the same level of reputation and reliability as Bloomberg. It's always a good idea to do your own research and consider multiple options before making a decision.