Navigating the complex world of crypto trading from a single interface

The management of a portfolio made up of traditional assets can be done through a wide range of tools. When it comes to cryptocurrency, traders don't have access to the same level of infrastructure, making crypto portfolio management a more tedious process for beginners.

For starters, the cryptocurrency market is highly fragmented at all levels. There are dozens of crypto exchanges to choose from, while digital currencies reside on different blockchain networks, each with their own nuances. For novice cryptocurrency traders, fragmentation makes the onboarding process difficult without a hitch. Experienced traders are also affected as they are unable to enjoy a smooth trading experience.

Signing up with each cryptocurrency exchange to take advantage of their benefits and incentives means having multiple different cryptocurrency addresses, which often makes real-time monitoring an impossible task. Additionally, the volatile nature of crypto assets makes it difficult to catch up with the market when traders want to open or exit positions.

How to simplify cryptocurrency portfolio management

For traders who want to simplify their trading experience, there are specialized services that aggregate multiple major exchanges and various crypto wallets, both custodial and non-custodial. This allows them to monitor their exposure from a single dashboard.

One of the current solutions is good crypto, an all-in-one crypto portfolio manager and trading terminal with access to multiple exchanges. Today, the platform supports 35 major crypto exchanges and continues to expand its ecosystem. Additionally, GoodCrypto supports 15 leading blockchains, including Bitcoin (BTC) and Ethereum (ETH).

Source: GoodCrypto

Fountain: good crypto

Maksim Hramadtsou, founder and CEO of GoodCrypto, explained:

โ€œOur goal is to provide access to advanced trading tools on any crypto exchange, centralized or decentralized. Whether they are seasoned professionals or users just starting their crypto journey, GoodCrypto can help everyone become a better trader."

Launched in 2019, GoodCrypto allows users to access dozens of centralized exchanges from a single app, making the onboarding and crypto portfolio management process a breeze for both novice and experienced traders alike. Supported exchanges include spot and derivative trading platforms such as Binance, Coinbase, Kraken, OKX, BitMEX, and Crypto.com, among others. Also, the platform is currently working on adding all the major decentralized exchanges as well.

The application has web, Android and iOS versions, compatible with most devices.

Source: GoodCrypto

Fountain: good crypto

GoodCrypto users can easily connect their existing accounts on any of the 35 supported exchanges, and the app will automatically import all their trading history, including balances, orders, and transactions.

In addition to managing positions on multiple exchanges, GoodCrypto has built-in trading tools and strategies to improve risk management. Users can use a single trading interface and a single set of market analysis and trading tools to access all supported exchanges. The trading tools work exactly the same, regardless of the underlying exchange.

The most common tools include vanilla options trading, as well as advanced orders like trailing stops and stop loss and take profit combos. On top of that, the platform fully offers automated algorithms that you can open and manage positions based on technical indicators.

All of these trading tools, even the most advanced ones, are intuitive and easy to set up. Also, traders can visualize every order and trading algorithm on the chart.

Source: GoodCrypto

Fountain: good crypto

In the rapidly changing and fragmented crypto world, GoodCrypto stands out for its simplicity and efficiency. With access to multiple exchanges, advanced trading tools, and an intuitive interface, the platform caters to novice and experienced traders alike, helping them take crypto portfolio management to a whole new level.

Disclaimer. Cointelegraph does not endorse any content or products on this page. While our goal is to provide you with as much important information as we can get in this sponsored article, readers should do their own research before taking any action related to the company and take full responsibility for their decisions, and this article cannot be construed as investment advice. .

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