1. Crypto Exchanges

What is a cryptocurrency exchange?

Cryptocurrency exchanges are the main method of buying and selling cryptocurrencies. It is essential to select one that is safe, trustworthy, and reliable, so that your funds and data are protected. You also need to consider fees, the range of cryptocurrencies, customer service and ease of use.

Why is this a helpful crypto tool?

A crypto exchange is extremely useful because it offers an easy place for you to buy and sell your crypto. If you want to realize your profit, you can quickly sell your crypto to fiat currency and withdraw the money to your bank account.

Best Crypto Exchanges in 2024

#1. eToro

eToro is a very user friendly crypto exchange where you can buy and sell 75 cryptocurrencies. The platform is intuitive and also offers a Demo account for risk-free trading practice. Users are given $100,000 in virtual funds to hone their trading skills, allowing you to test the waters before investing real money. eToro is registered with FinCEN in the USA and stands as a globally accredited broker, ensuring the safety of your funds. Trading fees for eToro are 1% of the transaction amount.

Visit eToro or read my full review to learn all about eToro's features.

#2. Uphold

Uphold is more than just an exchange for cryptocurrencies, it's also a broker for forex and precious metals. This makes it an ideal choice for those keen on expanding their portfolio beyond just crypto. The platform boasts support for over 125 cryptocurrencies, 27 fiat currencies, and 4 precious metals. Its standout feature is the seamless ability to trade between any two assets—whether that's purchasing Gold with ADA or converting Ether into Euros with ease. The trading fees on Uphold are included in the spread, so whatever price you see is the price you will pay.

Visit Uphold or see my Uphold review to see if it is right for your needs.

#3. Crypto.com

Crypto.com is an excellent crypto exchange with its convenient mobile app offering over 250+ different cryptocurrencies and the option to stake over 40+ coins. Buying and selling crypto is straightforward, as the fees are included in the spread. Whatever price it displays on your phone is the price you will be receiving, with no hidden fees. Crypto.com even enables you to spend your crypto anywhere with the Crypto.com Visa debit card.

Visit Crypto.com (read review) and begin buying crypto today. If you want to find other alternatives, see my article on the top crypto exchanges and find the one that is best suited for you.

2. Decentralized Exchanges

What is a decentralized exchange (DEX)?

Decentralized exchanges are crypto platforms where you can trade crypto directly with one another, without the need for a central authority. They are peer-to-peer, users maintain custody of their funds in their wallets (rather than on an exchange), and offer higher levels of privacy and anonymity.

Why is this a helpful crypto tool?

A decentralized crypto exchange is beneficial for those who want to keep their identity private, and retain full control over their assets. It is safer to hold your crypto in your own wallets, as opposed to on a centralized crypto exchange. On a centralized exchange, if there is a hack, or an unforeseen event like the collapse of FTX, you could lose your funds.

Best Decentralized Crypto Exchanges in 2024

#1. Kine

Kine is a unique DEX in that it offers both DEX and CEX (centralized exchange) on the same site. Kine has low trading fees of 0.05% and no gas fees. It offers up to 200x leverage on derivatives trading, and you can even use copy trading, where you follow a successful investor and automatically mimic their trades.

Visit the Kine website now or read my review and see if it's right for you.

#2. IDEX

IDEX converts funds that users deposit into their trading wallets, into ETH tokens. Users have the flexibility to trade via limit or market orders and can withdraw their tokens at their convenience. IDEX offers commendable customer support. Whether you need assistance with wallet management, trading, purchasing tokens, deposits, or withdrawals, IDEX provides a comprehensive FAQ and help page for user guidance. While the platform doesn't charge deposit or withdrawal fees, trading incurs charges. Market takers are subject to a 0.2% fee, and market makers face a 0.1% fee.

#3. Uniswap

Uniswap boasts the same security standards as the Ethereum blockchain itself; without a central server, the likelihood of hacks or unauthorized access to funds is greatly reduced. The platform uses the Ethereum protocol to swap ERC-20 compatible tokens. For every token swap, the exchange charges a 0.3% fee which is divided among liquidity providers according to their stake. Uniswap's standout feature is the ability to swap any ERC-20 token effortlessly. Additionally, there's no need for an exchange account or identity verification to trade assets.

3. Crypto Trading Platforms 

What is a cryptocurrency trading platform?

Cryptocurrency trading platforms are similar to crypto exchanges in that they are a place to buy and sell crypto, but there is a greater focus on trading. These platforms have much lower fees, sometimes even zero trading fees, and much lower spreads than crypto exchanges. On many of them, you will be able to margin trade, so you can maximize profits from small price movements. 

Why is this a helpful crypto tool?

A crypto trading platform is essential if you want to make money from the prices of crypto fluctuating all the time. As opposed to long-term investors who buy and hold their crypto, day traders will enter and exit positions frequently to capitalize on the volatility in the market.

Best Crypto Trading Platforms in 2024

#1. Bybit

Bybit is the best crypto trading platform thanks to its wide range of 280 coins and low trading fees of 0.1% for spot trading and 0.01/0.06% for margin trading. It is perfect for frequent traders due to its deep liquidity, rapid trade speed, and 99.99% system functionality. With over 10 million users, you can trust that Bybit is an excellent choice. However, if you are in the US, you won't be able to access Bybit, so I suggest you take a look at the #2 option instead, MEXC.

Visit Bybit or read my full review to see everything that this platform has to offer.

#2. MEXC

MEXC is a very popular choice around the world, as it has an impressive range of 1,520 coins and over 2,110 trading pairs. Not only that, but there are ZERO fees for spot trading, as well as if you are a market maker when futures trading. The only trading fees are if you are a market taker when futures trading, and it is extremely low, at only 0.02%. You are spoilt for choice with options on MEXC, with copy trading, margin trading and futures trading, and the liquidity is the highest among all of the top crypto trading platforms.

Sign up with MEXC or read my MEXC review first to learn about all the features.

#3. KuCoin

KuCoin is one of the most widely used crypto platforms in the world, with over 30 million users in more than 200 countries. It offers more than 700 coins to trade at a low cost of only 0.1% for spot trading, and 0.02/0.06% for futures trading. There are also plenty of additional features, such as free trading bots, copy trading, and margin trading.

Visit KuCoin or read my review and start trading crypto. If you want to consider more options, read my article on the top crypto trading platforms to find one for you.

4. Crypto Trading Bots 

What is a cryptocurrency trading bot?

Cryptocurrency trading bots are automated software programs designed to manage cryptocurrency trades on behalf of the user. These bots execute trades based on a set of predefined and pre-programmed rules, drawing from various data sources such as price, volume, time, and other relevant metrics. 

Why is this a helpful crypto tool?

Trading bots are useful because they save time, remove emotion from trading, and allow you to trade even while you are away from your computer. They automate your trading strategies, aiming to maximize profits and minimize potential losses by taking advantage of price swings throughout the day.

Best Crypto Trading Bots in 2024

#1. 3Commas

3Commas is the best crypto trading bot in 2024, as it is perfectly suited for all crypto investors, whether novice or expert. If you are a beginner you can easily select a preset bot to begin automating your trades, while more advanced users will enjoy playing around with the parameters to suit their exact needs. 3Commas also allows you to access all of your crypto exchanges at the same time, making the entire experience hassle-free.

Visit 3Commas to check the current pricing and sign up for your own trading bot.

#2. Bybit

Bybit is a crypto trading platform, with a free built-in trading bot feature available for all users. The reason that so many users like Bybit's trading bot is that it's integrated seamlessly within the exchange, and is free! However, if you are looking for a fully-featured trading bot, you my find that Bybit's options are limited compared to a paid bot.

Sign up with Bybit for free or have a look at my review on Bybit before you decide.

#3. Bitsgap

Bitsgap is a more recent addition to the trading bot scene, and this comes with its advantages. It is a very well-designed and 100% secure bot, with plenty of functionality and the ability to personalize your trading strategies. There is also a free 7-day trial period so you can try it out risk-free. 

Visit Bitsgap to find out whether this is the right bot for you. For more free and paid trading bots, read my article on the best crypto trading bots.

5. Crypto Chart Software

What is cryptocurrency chart software?

Cryptocurrency chart software, often referred to as crypto charting tools or platforms, are specialized applications designed to provide visual representations of cryptocurrency market data. These tools help traders and investors analyze the price, volume, and often a myriad of other metrics related to cryptocurrencies. They are essential for technical analysis, a method of forecasting price movements based on historical data and market patterns.

Why is this a helpful crypto tool?

Crypto charts are crucial to making informed and profitable trading decisions. With the best software, you can keep track of crypto prices, and use technical analysis and graphing tools to predict where the price of a coin will go next. You can tailor charts to your specific needs so you have the most relevant information when you need it.

Best Crypto Chart Software in 2024

#1. TradingView

TradingView stands as the premier charting software online, with its integration evident across numerous crypto exchanges. These integrations provide traders with enhanced features and precise tracking. If your chosen crypto exchange lacks a robust charting tool, consider turning to TradingView as a top alternative. It has more than 90 drawing tools, 14 unique chart types and 100+ pre-built indicators.

#2. Coinigy

While Coinigy may not have the widespread recognition of TradingView, its significant contributions to the crypto sector cannot be overlooked. By simplifying crypto trading analysis for traders, Coinigy proves invaluable. Compatible with over 45 prominent cryptocurrency exchanges including Binance, Coinbase, and KuCoin, Coinigy is a go-to tool to enhance trading decisions. Thanks to its round-the-clock exchange and wallet monitoring, coupled with email and SMS notifications, users stay abreast of price shifts and market trends.

#3. CryptoView

CryptoView stands out as a comprehensive solution for all your charting demands. Besides the 80+ indicators, numerous drawing tools, and top-notch security, it even has portfolio tracking features, so you can see all your crypto from multiple exchanges in the one place. 

To see more options of crypto chart sites, you can see this article here.

6. Market Analysis Sites

What is a crypto market analysis site?

Crypto market analysis websites provides insights, data, and analysis of cryptocurrency markets. These sites are invaluable for traders, investors, and enthusiasts looking to understand market trends, coin performances, and other relevant cryptocurrency data. They often incorporate a mix of raw data, analytical tools, news aggregation, and expert opinions.

Why is this a helpful crypto tool?

If you are taking crypto investing and trading seriously, you need a crypto market analysis site that you can rely on, for the most current and accurate data. This ensures you are making decisions based on the best information.

Best Crypto Market Analysis Sites in 2024

#1. CoinMarketCap

CoinMarketCap is one of the most popular and widely recognized crypto market analysis sites. Established in 2013, it provides a comprehensive snapshot of the cryptocurrency market with a variety of tools and data points. Some of the information available on CoinMarketCap are price data, historical data, market capitalization, cryptocurrency rankings, and DeFi & NFT rankings.

#2. CoinGecko

CoinGecko is a widely-used cryptocurrency data aggregation platform that provides comprehensive information about various aspects of the crypto market. Since its inception in 2014, CoinGecko has grown in popularity and is one of the premier sources for crypto data. CoinGecko offers data on crypto prices, historical crypto prices, market metrics, yield farming, crypto rankings and more.

#3. TradingView

TradingView is one of the best charting tools, and it also provides market analysis data on crypto, as well as other markets such as forex, stocks, futures and indices. If you are looking for an all-in-one crypto charting software and market analysis solution, then TradingView is a top choice.

7. Crypto News Sites

What is a crypto news site?

Crypto news websites are specialized media outlets that focus on covering news, analyses, and updates related to the cryptocurrency and blockchain industry. Given the fast-paced nature of the crypto world, these sites play a crucial role in providing timely information to investors, traders, developers, and enthusiasts. 

Why is this a helpful crypto tool?

By reading crypto news sites frequently, you receive timely info, regulatory updates, are aware of project developments, and stay on top of market sentiment. They are essential for anyone who is trading crypto frequently.

Best Crypto News Sites in 2024

#1. CoinDesk

CoinDesk is my top recommended website for cryptocurrency news. Established in May 2013, it has quickly grown to become a primary source of news, data, and insights for the cryptocurrency and blockchain community. It provides regular reports and research, as well as opinion pieces and podcasts to ensure their users stay informed.

#2. Cointelegraph

Cointelegraph is a prominent digital media resource dedicated to the latest news, expert opinions, and analysis related to cryptocurrency, blockchain technology, decentralized applications, and fintech. Since its inception in 2013, CoinTelegraph has grown to be one of the leading sources for up-to-date information in the crypto world. 

#3. CryptoSlate

CryptoSlate is a digital media platform that provides comprehensive news, data, and insights about the cryptocurrency and blockchain sectors. Launched in 2017, CryptoSlate has grown to be a recognized source in the crypto community. CryptoSlate features crypto analysis, coin and token data, ICO and event tracking and much more. Visit the website to see for yourself.

8. Crypto Education Sites

What is a crypto education site?

A crypto education site is dedicated to providing educational content about cryptocurrencies, blockchain technology, and the broader digital asset space. These sites aim to educate crypto investors – whether they're beginners, intermediate learners, or advanced users – about various aspects of the industry.

Why is this a helpful crypto tool?

Crypto education sites are immensely useful as crypto is a complex subject and is rapidly evolving. It is also rife with scams, so educating yourself is the best way to stay safe and ensure your crypto is secure. Learning about the industry and various cryptocurrencies will also help you to make better investment and trading decisisions.

Best Crypto Education Sites in 2024

#1. CoinDesk

CoinDesk is the #1 cryptocurrency education site. Established in May 2013, it provides a wealth of educational resources to investors, as well as the latest news, data and insights about the blockchain industry. Whether you are new to crypto or have been investing for years, CoinDesk is a handy site to add to your list of crypto tools.

#2. Investopedia

Investopedia is a comprehensive online financial and investing education platform that offers a wide range of information on crypto and other finance-related topics. Not only does it have plenty of educational content and news, it also offers online courses that you can take to improve your understanding of crypto.

#3. CryptoCompare

CryptoCompare is an educational website that offers information and tools related to cryptocurrencies and the broader digital asset space. It's known for providing data, pricing, and comprehensive information about various cryptocurrencies. There are plenty of articles and reviews that you can read to learn more about crypto, and it also includes some news and analyses of the crypto market.

9. Crypto Wallets

What is a cryptocurrency wallet?

A cryptocurrency wallet is a digital tool that allows users to store, send, and receive cryptocurrencies. It functions similarly to a physical wallet, but instead of holding fiat currency, it holds crypto. The wallet can be a hardware wallet, which is a physical device, or a software wallet, such as an app or website.

Why is this a helpful crypto tool?

Crypto wallets are crucial for all crypto investors, as they are the only way to secure your crypto securely. Without your own personal wallet, you are relying on a crypto exchange to hold your coins. If the exchange is hacked, or collapses (like FTX), all your funds could be gone in an instant. Owning a crypto wallet gives you complete and total control over your crypto.

Best Crypto Wallets in 2024

#1. Zengo Crypto Wallet 

Zengo Crypto Wallet is the best wallet available in 2024 due to its advanced security technology. It doesn't have any private key vulnerability, and you don't need to keep track of a recovery seed phrase. Instead, you are guaranteed access to your account with the unique 3 factor authentication. It is a soft wallet so you don't need to purchase a physical device; instead the wallet is downloaded on your phone or computer. You can store over 120+ different cryptocurrencies, and you can use the app to buy, swap, stake, send and receive coins.

If you are interested to learn more, read my review of Zengo Crypto Wallet, or visit the official website here.

#2. Ledger Nano X

Ledger Nano X is the best crypto hard wallet available, and is a small and discreet device that can be easily stored in your pocket or purse. It connects via USB or bluetooth to your phone or computer, and can store over 1,800 coins and tokens. It uses a secure element chip to ensure private key and information never leaves the chip, even if the wallet is hacked via USB or bluetooth. It costs $149 USD and comes with free shipping, which is a small price to pay for the ultimate security of your digital assets.

Read my unboxing and review of the Ledger Nano X here, or visit the Ledger website to make your purchase.

#3. Trezor Model T

Trezor Model T is another great choice of hardware wallet, with support for over 1,450 coins, and compatibility with desktop and Android devices. Trezor has been manufacturing crypto wallets since 2014 so you can trust that they know what they are doing. They maintain the highest levels of security, with all transactions confirmed via your physical device, which is protected by your PIN (which can be up to 50 digits long) or passphrase. The Model T also uses an advanced Shamir Backup system to gain access to your account in case you lose access. 

You can read more about the Shamir Backup and other security features in my review on the Trezor Model T, or visit the official website here.

10. Crypto Tax Software

What is cryptocurrency tax software?

Crypto tax software is a specialized tool designed to help cryptocurrency traders and investors calculate and report their cryptocurrency-related taxable events. Given the complexity associated with tracking the buying, selling, trading, mining, staking, and using cryptocurrencies for purchases, these software solutions aim to simplify the tax calculation process.

Why is this a helpful crypto tool?

Unless you reside in a country with no tax on crypto, you will need to report any earnings you make from crypto investing and trading. Crypto tax software is useful for those who make a lot of trades, as it simplifies the process of tax reporting and ensures you are making accurate calculations, reducing the risk of mistakes which could lead to penalties or audits. It saves time and gives you peace of mind that you are compliant with tax laws.

Best Crypto Tax Software in 2024

#1. CoinLedger

CoinLedger stands out as the #1 crypto tax software. Its intuitive design integrates smoothly with leading cryptocurrency exchanges. In just four straightforward steps, you can simplify your crypto tax process: begin by importing your cryptocurrency transactions, record any crypto-related income like staking, mining, airdrops, or gifts, generate your tax report, and then effortlessly import it into your tax software or hand it over to your accountant.

Every subscription they offer is backed by a 14-day money-back guarantee. Prices begin at $49 USD (covering up to 100 transactions) and can reach up to $299 USD for their premium package.

To sign up or learn more about CoinLedger, visit the official website.

#2. TokenTax

TokenTax boasts compatibility with every exchange, blockchain, protocol, and wallet out there, making it an ideal choice for those struggling to find a compatible tax software. Simply sync your transactions using an API or upload them directly to TokenTax in a CSV format. For investors navigating complex accounting challenges, TokenTax also provides advanced reconciliation services by experts proficient in crypto tax nuances. They'll assist in handling intricate data aspects, such as unrecorded cost basis, extensive transaction volumes, and transactions spanning multiple chains.

While their basic package is priced at $65 USD, it only offers basic features. Other packages are available at $199, $799, and $3,499, each with varying features tailored to different needs. Your selection will depend on your individual requirements. Check out the TokenTax website to find out what each package offers.

#3. Koinly

Koinly simplifies crypto tax calculations with its user-friendly and cost-effective platform. In under 20 minutes, it generates a comprehensive tax report for your cryptocurrency transactions. It's a breeze to upload your crypto trades either through API or CSV files, and Koinly can handle intricate trading scenarios, including DeFi, Margin trades, and futures. Utilizing AI, Koinly identifies transfers between your cryptocurrency wallets, ensuring the original cost is tracked accurately. With support for over 300 exchanges and wallets, monitoring your portfolio and checking your profit/loss for any fiscal year is made straightforward and is available without any charges.

Koinly offers a free plan with basic features. But if you're seeking more advanced features, their plans are competitively priced. Plus, if you register through my link, you'll receive 30% discount on all their packages! This brings down the cost of their starter plan from $49 USD to an enticing $34.30, making it more affordable than other options discussed in this guide. Other packages, originally priced at $99 and $179, are now available at discounted rates of $69.30 and $125.30, respectively. Your choice among these options will depend on your specific needs. Visit Koinly's official website here to see your options.

11. Crypto Portfolio Trackers

What is a cryptocurrency portfolio tracker?

A crypto portfolio tracker is a tool or platform that allows users to monitor and manage their cryptocurrency holdings. These trackers provide an overview of a user's investments, displaying information like the current value of their assets, profit and loss metrics, historical performance, and more. Some core features and benefits of a crypto portfolio tracker include a unified dashboard (showing assets that are held on different exchanges or wallets in a single place), price monitoring and transaction recording.

Why is this a helpful crypto tool?

A crypto portfolio tracker can be an invaluable tool for both beginners and experienced crypto investors, helping them keep a close eye on their investments and make more informed decisions based on the compiled data. 

Best Crypto Portfolio Trackers in 2024

#1. CoinStats

CoinStats offers compatibility with nearly any cryptocurrency exchange or wallet, boasting support for 500 platforms including top names like Binance, MetaMask, Trust Wallet, Coinbase, Kraken, KuCoin, and Bitstamp. Through CoinStats, you can monitor over 8,000 distinct cryptocurrencies and even execute trades directly from the app, bypassing the need to access the exchange. For enhanced security, all API keys are safeguarded within an AWS Vault Service, ensuring the utmost protection against potential theft.

CoinStats operates on a subscription basis, offering two levels: Pro and Premium. The Pro tier permits connections to a maximum of 10 exchanges and 10 wallets, and allows the logging of up to 1,000 transactions monthly. Opting for the Premium level unlocks unlimited connections to exchanges and wallets, records up to 100,000 transactions, and provides users with a dedicated account manager. The Pro plan is priced at $4.99 monthly, but drops to $3.49/month with an annual commitment. Meanwhile, the Premium plan costs $19.99 monthly, but is discounted to $13.99/month with a yearly payment. To sign up or find our more about CoinStats, visit the CoinStats website.

#2. Delta

Delta offers a seamless user experience, boasting integrations with over 300 crypto exchanges including prominent names like eToro, Binance, Kraken, Gemini, Huobi, Bittrex, and KuCoin. Users can configure multiple portfolios, allowing them to track distinct ownerships or investment strategies.

Available for download on both the Apple Store and Google Play Store, Delta also offers a desktop version once the mobile app is set up. While the basic version of Delta is free, it does have limitations. For instance, users can only connect to two crypto exchanges and synchronize across two devices. However, the Pro version expands these capabilities, allowing unlimited exchange connections and synchronization across five devices. Priced at $65 annually, the Pro version offers substantial value for those seeking advanced features beyond the app's basic offerings. Visit Delta's official website to sign up or see if it's the right portfolio tracker for you.

#3. Coin Market Manager

Coin Market Manager offers more than just portfolio tracking; it serves as a comprehensive automatic journaling and analytics tool designed to refine and improve trading strategies by pinpointing both strengths and areas of improvement. With features like intricate trade analytics, sophisticated charts, and the seamless auto-sync of trade data, many users have reported enhanced trading outcomes after fine-tuning their strategies. Coin Market Manager boasts compatibility with several major exchanges, including Binance, Bybit, Deribit, BitMEX, Coinbase, and Bittrex.

While there's a free version tailored for casual traders, to unlock its full potential, you'd need to opt for the Professional tier at $49.99/month or the Enterprise at $59.99/month. Though these prices might seem on the higher side, there's a way to waive the fee forever! Simply connect your Coin Market Manager account with partner exchanges like Binance, Deribit, or Bybit, and you gain complete, unrestricted access to Coin Market Manager, as well as reduced trading fees on the affiliated exchange!

Visit the Coin Market Manager website to learn more or to sign up. If you are still undecided, you can have a look at my article on the best crypto portfolio trackers.

12. Cloud Mining Sites

What is a crypto cloud mining site?

A crypto cloud mining site is a platform where individuals can participate in cryptocurrency mining without purchasing and setting up their own mining hardware and software. Instead, they lease or rent the mining capabilities from a company that operates large mining farms. The contract stipulates a certain amount of hashing power to be dedicated to the user.

Why is this a helpful crypto tool?

A crypto cloud mining site is great for those who want to mine crypto but do not have the knowledge or money to buy and set up their own mining rig. It is also maintenance-free, and you don't need to deal with the downsides of operating mining hardware, such as noise, heat and heavy electricity consumption.

Best Crypto Cloud Mining Sites in 2024

#1. ECOS

ECOS is the best cloud mining site for individuals and businesses. It has a user-friendly interface where users can easily purchase contracts, monitor mining progress and withdraw earnings, and it uses up-to-date efficient mining hardware. There are various payment options including crypto or traditional fiat methods, and to see the current costs, visit the ECOS website.

#2. Binance Pool

Binance Pool is a comprehensive mining platform provided by Binance, one of the largest cryptocurrency exchanges in the world. Launched in April 2020, Binance Pool offers both Proof-of-Work (PoW) and Proof-of-Stake (PoS) services for a variety of cryptocurrencies. They have a unique feature called 'Smart Pool' which allows miners to automatically switch between cryptocurrencies for mining, based on what is most profitable at any given time, to maximize earnings. 

Visit the Binance Pool website to learn more about what is available to you.

#3. NiceHash

NiceHash is a cryptocurrency platform that offers a unique way to engage with the world of cryptocurrency mining. Rather than directly mining specific cryptocurrencies, NiceHash allows users to sell their hashing power or buy hashing power from others. For those who don't own hardware, you would use NiceHash to buy hashing power from others. 

Visit the NiceHash website to learn more or to start buying or selling hashing power. If you are still researching, have a look at my article on the best crypto cloud mining sites.

13. Bitcoin Mining Pools

What is a Bitcoin mining pool?

A Bitcoin mining pool is a group of Bitcoin miners who combine their computational resources over a network to increase their chances of solving a Bitcoin block and earning the associated Bitcoin rewards. Instead of mining individually and facing long periods without earning any rewards, miners in a pool stand a higher chance of earning consistent but smaller payouts. 

Why is this a helpful crypto tool?

Bitcoin mining pools are useful because there are higher chances of earning Bitcoin compared to mining by yourself. Using a BTC mining pool means you get more consistent payouts, as well as reduced transaction fees.

Best Bitcoin Mining Pools in 2024

#1. Binance Pool

Binance Pool is my #1 choice for Bitcoin mining pools. It is run by Binance, the largest cryptocurrency exchanges in the world based on trading volume. Not only does Binance Pool offer BTC mining, but also a range of other cryptocurrencies, in both Proof-of-Work (PoW) and Proof-of-Stake (PoS) services. Users also enjoy their unique 'Smart Pool' mining feature; this enables miners to automatically switch between cryptocurrencies for mining, based on what is most profitable at any given time, increasing their earnings. 

Visit the Binance Pool website to sign up or learn more.

#2. F2Pool

F2Pool is one of the oldest and largest Bitcoin mining pools in the world. It supports BTC, LTC, ETH, ZCH and many other cryptocurrencies. It uses a Pay-Per-Share (PPS) payout system, so that miners are rewarded for every share submitted, regardless of whether a block is found or not, ensuring a more predictable and stable income. F2Pool also provides detailed statistics and real-time data on their site, allowing miners to monitor the pool's performance, their own contribution and potential earnings.

Visit the F2Pool website to join or learn more.

#3. Braiins Pool

Braiins Pool (previously known as Slush Pool) is the first Bitcoin mining pool, founded in 2010. It has a very good reputation with a strong emphasis on transparency and open-source solutions in the Bitcoin mining space. It uses a specific payout system, using a score-based method to reward miners.  

Sign up or learn more about Braiins Pool here. For more information regarding Bitcoin mining pools, you can read my article here. 

14. Crypto Launchpads

What is a cryptocurrency launchpad?

A crypto launchpad is a platform within the cryptocurrency ecosystem that facilitates the launch of new tokens or projects. They are designed to help these projects raise capital, gain exposure, and distribute their tokens to a wider audience, all while providing potential early investment opportunities for the platform's users. 

Why is this a helpful crypto tool?

Crypto launchpads are useful as they are great platforms for crypto investors to see new projects that are launching, and invest early before they become mainstream. If you are looking for the next big coin, crypto launchpads are the best place to find them.

Best Crypto Launchpads in 2024

#1. Binance Launchpad

Binance Launchpad is the token launch platform of Binance, one of the world's most popular cryptocurrency exchanges. It is designed to aid blockchain projects in raising funds and gaining exposure to the crypto community. Binance Launchpad offers selected projects the opportunity to conduct a token sale on its platform and subsequently get their tokens listed on Binance. 

Visit the Binance Launchpad website to see the latest projects.

#2. Bybit Launchpad

Bybit Launchpad is a newer launchpad, but it is still a very successful platform for new projects, with the average growth rate of new projects sitting at 1,010% at the time of writing. Some of the notable projects are GENE with a first-week average return of 3,938%, KASTA with first-week returns of 2,050% and REAL with first-week returns of 1,847%. 

Visit the Bybit Launchpad website to see other crypto projects that have had huge success, and see if you can pick the next big winner.

#3. Gate.io Launchpad

Gate.io Launchpad adds new projects frequently, and has successfully launched more than 750 cryptocurrencies, including big names like Fetch.AI, Harmony and Celer Network. Many of these cryptocurrencies are now available on Gate.io's website, which has more than 1,400 coins to trade.

Visit Gate.io Launchpad website to see upcoming projects. For more options of crypto launchpads, read my article on the top launchpads in 2024.

15. Crypto Screeners

What is a cryptocurrency screener?

A crypto screener is a tool used by traders and investors to filter and sort through a large number of cryptocurrencies based on specific criteria. It helps users identify potential investment or trading opportunities in the vast crypto market. Just like stock screeners in traditional finance, crypto screeners allow you to narrow down the list of cryptocurrencies based on a wide range of parameters.

Why is this a helpful crypto tool?

Crypto screeners are beneficial as they allow users to save time by quickly sifting through thousands of cryptocurrencies. They also help to identify trends or coins that meet specific investment criteria, and provide a centralized view of various metrics and data points.

Best Crypto Screeners in 2024

#1. CoinMarketCap

CoinMarketCap (CMC) stands out as the top crypto screening tool available. It provides over 12 filters, enabling deep dives into historical prices, current market valuations, and more. Furthermore, each crypto asset comes with a dedicated news section, offering a comprehensive view of its market prospects.

In addition to individual crypto assets, CMC offers insights into exchanges and introduces categories for emerging crypto domains, like NFTs. But what truly sets CoinMarketCap apart is its vast range. With data spanning over 20,000 crypto assets, from industry giants like BTC and ETH to the latest entrants in the altcoin space, CMC is an indispensable asset for those intent on investing in a wide range of coins. Visit CoinMarketCap to view all the info you could possibly want on cryptocurrencies, free of charge.

#2. TradingView

TradingView is one of the most sophisticated crypto screeners I've encountered. With over 50 unique filters, it empowers users to pinpoint potential crypto investments from a pool of over 700 assets. TradingView's hallmark is its vast array of technical analysis instruments. The platform boasts over 100 predefined indicators and more than 90 drawing tools. Users can layer up to 20 distinct technical indicators on a single crypto chart, providing a comprehensive view of the asset's present value and future prospects.

Unlike CoinMarketCap, TradingView is not free to use. There are three pricing tiers at $14.95, $29.95 and $59.95 per month. If you sign up for a yearly package, there are discounts available. You can see the yearly prices at the TradingView website.

#3. altFINS

altFINS combines the best features of both CoinMarketCap and TradingView into a single platform. It offers screening capabilities for over 2,700 crypto assets, ranging from the market leaders to the lesser-known newcomers. Moreover, users can sift through these assets using an extensive array of filters like oscillators, trends, moving averages, and more. Furthermore, each asset chart is enriched with multiple technical indicators to facilitate in-depth analysis.

With its user-friendly interface combined with its robust features, altFINS serves as an ideal gateway for budding traders. This crypto screener is perfectly positioned to help them diversify their portfolio and refine their trading tactics effortlessly. altFINS offers a free trial, and then three pricing tiers at $20, $40, or $60 per month. You can also receive significant discounts when you purchase a yearly subscription, as seen on the altFINS website. If you want to see some more options, here is my article on the best crypto screeners.

16. Block Explorers

What is a block explorer?

A block explorer is an online tool or platform that allows users to view and inspect individual blocks, transactions, and addresses on a blockchain. Essentially, it's a search engine for blockchain data. 

Why is this a helpful crypto tool?

Block explorers are essential if you want to verify transactions, check the status of a transaction, or conduct research on the overall activity of a blockchain.

Best Block Explorers in 2024

#1. Blockchain Explorer

Blockchain Explorer is one of the most popular block explorers for the Bitcoin network. It provides a user-friendly interface that allows users to easily navigate and explore transactions, blocks, and addresses on the Bitcoin blockchain. Over time, they have expanded their services to support other blockchains like Ethereum and Bitcoin Cash.

#2. Etherscan

Etherscan is a widely used block explorer for the Ethereum blockchain. It provides detailed information about Ethereum transactions, addresses, blocks, and tokens. Given that Ethereum supports smart contracts, Etherscan is particularly valuable because it allows users to view the code and activities of smart contracts on the network.

#3. Tronscan

Tronscan is the official block explorer for the TRON blockchain. Similar to Etherscan for Ethereum, Tronscan provides a comprehensive overview of the TRON network, allowing users to explore transactions, blocks, accounts, smart contracts, tokens, and more on the TRON blockchain.