And how do you learn cryptocurrency rates?
Today it is difficult to imagine your life without courses on popular cryptocurrencies. How will the rate change next week? This question is always relevant in the world of digital assets, primarily due to the high volatility — the ability to quickly and significantly change the exchange rate.
But have you ever wondered where and how often people check cryptocurrency rates most often? According to recent statistical data, the crypto exchange is the undisputed leader for this. This is the maximum combination of everything necessary for the average cryptocurrency owner:
● Current value;
● Change schedule;
● History of change over certain periods of time;
● Advanced statistical and analytical tools.
The exchange is indeed one of the best sources for checking the exchange rate, but it should be remembered that this information is not completely free. After all, to maintain the infrastructure, crypto exchanges slightly increase transaction fees.
In second place in terms of popularity are specialized applications: crypto-bots and extensions. Their biggest advantage is that they independently check the rate and show the current result instead of you. Bots for Telegram are gaining popularity, which are always available quickly and have many additional functions. I personally use such a bot myself, and my development team creates similar custom solutions.
Next in popularity are small exchange services. They differ from the exchange in that they have less functionality and possible restrictions: regarding the amount of cryptocurrency, regarding the transaction execution time, etc. The advantage of such services can be a better rate for users.
And aggregators close the list — specialized services with a huge amount of statistical and analytical data. Professional traders need these solutions for in-depth market analysis and even forecasting. An average person will easily break their brains.
And where do you find out the exchange rate of cryptocurrencies? Write in the comments: let's see if the statistics are true