Level Up Your Cryptocurrency Trading Strategies With DEXTools In 2022
Monitoring prices on websites like Coingecko is a breeze. More tools are required to evaluate token prices for experienced and active traders, though. DEXtools was created with this in mind.
DEXtools is a pricing data analytics tool that makes navigating decentralized networks easier for traders. The ability to keep track of the current price of tokens is one of the platform's most significant features. Let's get started with Dextools' fundamentals.
How To Read A CRYPTO CHART On Dextools.io (Beginners)
DEXtools enables traders to gain a better understanding of various tokens. The platform ranks tokens based on a variety of factors, and it also lets the users rank them. This can be found in the website's "Community Ranking" section. It also displays real-time pricing as well as detailed tokenomics such as liquidity and volume.
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The transaction part of DEXtools is one of the most advanced features. It displays all transactions, including the size, time, address, and price of a specified coin. This information can be used by a smart trader to assess the timing of his trades.
How do I use DEXtools?
You will see a "launch app" button when you go to DEXtools.io. To go to the DEXtools app homepage, click that button. There are sections for Uniswap Tools and Sushi Tools in the left-hand corner, as you can see. DEXtools examines these two Ethereum-based decentralized exchanges. In the future, more Ethereum DEXs will be integrated with DEXtools. DEXtools' services have been extended to the Binance Smart Chain and the Polygon mainnet.
Dextools have different features.
- LIVE NEW PAIRS Find new pools, add or remove liquidity in a pair, look for the greatest jewels, and stay away from the scammers.
- PAIR EXPLORER With real-time images and transactions, this application allows you to follow the best pairs, add your pairs to favorites, and much more.
- BIG SWAP EXPLORER Keep track of the most important trades.
- MULTISWAP On a single screen, you may see and interact with several pairs.
- WALLET INFO Wallets can be saved, tracked, and researched.
- AGGREGATOR DEXTools App allows you to trade on many DEXes directly from within the app.
Can you connect Coinbase wallet to DEXTools?
No, Coinbase does not support DEXTools.
Purchasing cryptocurrencies is a hazardous business, but there are steps you can take to reduce your risk:
- Do not buy coins based on FOMO: Spend time investigating a coin before deciding to invest, especially if the price is skyrocketing for no apparent reason.
- Stick with well-known exchanges: Unless you're a seasoned cryptocurrency trader, you should stick to more well-known crypto exchanges to avoid losing money to a scam. Instead of storing your cryptocurrency on an exchange, consider using a hardware wallet.
- Investigate the coin's creators and developers: Anonymous teams are generally a bad flag, so if you can't locate information about the coin's developer, you might want to look for another cryptocurrency to invest in.
You can trade out your DEXT at the very same exchange where you purchased it:
- Log in to the DEXT exchange of your choice. Compare crypto exchanges to sell your DexTools if you keep them in a digital wallet.
- Make a sell request. Decide how much DEXT you'd like to sell.
- Finish the transaction. Confirm the sale price and costs, then complete the DexTools transaction.
Dextools Tutorial | Best Tool For Uniswap Trading!
How do I get DEXTools? Sadly, no major exchanges in the United States currently support this coin. You might be able to buy it using another cryptocurrency, but make sure you adhere to any legal limits and criteria.
- Compare DEXT-supporting cryptocurrency exchanges. Fees, security, and payment methods vary among cryptocurrency exchanges, so you'll need to do some research to figure out which is the best fit for you. You don't need a wide selection of features as a beginning, and you may always change exchanges later.
- Create a trading account on a platform. By clicking the Go to site button, you can create an account. This will lead you to the account creation page, where you can fill out your personal information, beginning with your name and email address.
- Make a deposit into your account. To purchase DexTools, fund your account with a bank transfer, credit or debit card, or bitcoin from a crypto wallet.
- Purchase DexTools. Complete your DexTools purchase and then look for the finest DEXT wallet.
Get real-time data analysis at the tip of your fingertips using DEXTools. Build your own trading methods, predict market moves, look for large spreads, track and emulate the most profitable strategies, and so much more. Give it a try!