Blockchain.com: The essential tools for crypto newcomers

For those who are new to the crypto world, knowing the right platforms and tools, such as CoinMarketCap and Blockchain.com, is essential.

In particular, we see that CoinMarketCap helps users in researching the main cryptocurrencies, while Blockchain.com is useful for exploring blockchains. However, there are also other valid platforms.

Let’s see in this article everything there is to know about it.

Summary

• A quick guide to crypto platforms and tools: Blockchain.com
• CoinMarketCap: the platform to monitor cryptocurrencies
• eToro: innovation in trading with copytrading

A quick guide to crypto platforms and tools: Blockchain.com

Blockchain.com, founded in 2011, has emerged as the leading crypto finance company, serving individuals, projects, protocols, and institutions.

With a global management team boasting over 200 years of combined experience in some of the most renowned financial institutions, technology companies, and startups, the company has helped shape the future of finance.

The founders of Blockchain.com firmly believe that, within the next decade, the Internet financial system will be the largest in the world, powered by cryptocurrencies.

The company started its journey as one of the first pioneers of infrastructure for the Bitcoin community. Specifically, by launching a Blockchain Explorer that allowed anyone to examine transactions and study the blockchain.

This was followed by an API that allowed companies to build on Bitcoin and a widely used cryptographic wallet that gives everyone the ability to control their own money.

The mission of Blockchain.com is to accelerate the adoption of cryptocurrencies and usher in the future of finance.

With a team that spans across the globe, the company works tirelessly to promote innovation and offer products that empower customers and drive the industry to new levels.

Passion, determination, and enthusiasm are at the core of Blockchain.com’s identity, aiming to bring the world of finance to new horizons.

CoinMarketCap: the platform to monitor cryptocurrencies

CoinMarketCap is a website specialized in monitoring the market capitalization and prices of cryptocurrencies.

It is not an exchange or a trading platform, but it acts as an aggregator of information, offering data on prices, trading volumes, token supply, platforms, and much more.

However, it is not completely neutral: CoinMarketCap belongs to Binance, which can influence its impartiality, with a tendency to favor cryptocurrencies listed by the well-known exchange.

The CoinMarketCap service was born out of the need to have a centralized source of information for a highly volatile market like cryptocurrencies.

Although Binance is one of the largest exchanges in the world, none include all the cryptocurrencies listed on CoinMarketCap, and the volumes reported by individual exchanges do not reflect the true trading landscape.

CoinMarketCap aims to provide an overview, offering an average price that takes into account the differences between exchanges.

CoinMarketCap offers its users a wide range of customizable tools and charts, useful for both beginner and experienced traders.

In addition to monitoring features, the site allows you to change the default currency for quotes, offering support for USD, EUR, CAD, GBP, JPY, and other fiat currencies.

Another feature that has contributed to the popularity of CoinMarketCap is its multilingual support, which allows users to view information in different languages, although the translations are automatic and sometimes inaccurate.

By clicking on a cryptocurrency, users can access detailed data and customizable charts showing the historical trend. The platform also allows to filter cryptocurrencies based on various criteria.

eToro: innovation in trading with copytrading

Another valid platform is eToro, which stands out among trading platforms for its copytrading feature, an innovative option that allows you to automatically copy the strategies of the best traders.

However, eToro is much more than that. In recent years, the platform has consistently worked to improve itself and become accessible even to those who are new to the world of investments.

The advantages of eToro are numerous, such as the training. eToro indeed offers a wide section dedicated to training, including the possibility of using a demo account to practice without risks before investing real money.

Accessible minimum deposit: with a minimum deposit of 100€, eToro makes trading more accessible to a wider audience.

Still, innovation continues, namely the introduction of new products such as CopyPortfolios, which group together various investment strategies.

eToro is a globally recognized broker, with over 25 million registered users, which testifies to its reliability. The platform operates with numerous licenses in different countries, ensuring security and compliance with regulations.

In addition to copytrading, eToro also offers features typical of an exchange and a broker. Users can buy cryptocurrencies directly on the market, like on an exchange, or trade them through CFDs (Contract for Difference), leveraging financial leverage.

One of the main advantages of eToro is the wide range of cryptocurrencies available, in addition to the possibility of accessing real-time information on CoinMarketCap.

Source