Top Professional Crypto Trading Terminals — Features and Pricing Details
Being a lucrative and profitable investment opportunity, crypto trading can be challenging too! Yes! You might have to find the traders glued on their screens round the clock, but as per experts working hard isn’t a profitable deal rather working smart is!
Do you want to trade on multiple cryptocurrencies from a single trading platform?
If yes, then considering the best crypto trading terminal is something that will help you out! The crypto trading terminal is an indispensable tool for those who are trading on multiple exchanges. The best crypto trading terminals allow traders to track their portfolio, and use multiple exchanges from a single platform. Whether you are new to crypto trading or an expert trader, these trading terminals offer some of the most efficient approaches to trade multiple cryptocurrencies smartly.
You may find the basic software directly on the cryptocurrency exchanges which allow you to make deals, watch simple charts, etc. But, as a rule, this is not enough for professional crypto trading and you need advanced tools.
So, the solution to this problem is special crypto trading terminals!
Trading terminals make your trading easier by executing trades automatically and keeping all your trades in check 24/7. Well! Before moving further, let’s understand what are crypto trading terminals?
Crypto trading terminals
These are the software programs that offer smart and advanced trading tools that may or may not be available on the crypto exchange platforms. Crypto trading terminals are used by crypto traders to connect to exchanges through APIs.
With the help of trading terminals, traders can trade on multiple exchanges from a single piece of software. The best crypto trading terminals offer advanced trading tools like Trailing stop loss, Take Profit, different order types, and more.
With 3rd party trading terminals, crypto traders have access to additional and smart trading features which are not available on the exchange. By plugging into multiple exchanges, these terminals can act as a central hub where traders use a single terminal service to manage orders on multiple exchanges simultaneously. These terminals help investors to buy and sell cryptocurrencies, automating manual tasks, and execute complex strategies which wouldn’t be possible without a crypto trading terminal.
Today, trading terminals are gaining huge popularity among traders due to their swiftness, promptness, and flexibility. These terminals also offer many perks like advanced charts, trading research, and price alerts to traders to make smart trades.
Make sure to choose a professional crypto trading terminal that has advanced security features to make sure that your crypto trading account is secured.
How crypto trading terminals are different?
With crypto trading terminals, you can connect with any exchange using the API (application programming interface) key. What does it mean?
This means you won’t have to log in to multiple exchanges separately anymore to trade. You can enjoy the benefits of different trading programs in a single interface.
Moreover, these terminals provide extra crypto trading tools that would facilitate your trade decision. These terminals collect crypto-related latest news and information from every corner over the web, starting from the crypto asset exchanges to social media platforms and more.
Traders have the opportunity to customize the trading terminals for themselves like removing unnecessary functions, switching on the additional plugins, etc. The professional trading terminals also allow traders to quickly track the current market situation.
The most significant functions of the trading terminals are:
· Connecting to exchanges to collect account information
· Self-tuning of multiple parameters
· Safety and security of the trader’s funds
· A large number of tools for trading and technical analysis
· Executing advanced order types like smart orders including Trailing stop, Trailing Stop sell, Take Profit, etc.
· Placing and canceling orders
· Displaying market data in the form of graphs and charts
· Ability to use service on multiple devices at once
· Sorting and systemization of data from several crypto exchanges
· Terminal speed
So, crypto trading terminals are the smart way to trade cryptocurrencies! TrailingCrypto is one such crypto trading terminal that automates your trading. The more advanced the terminal is, the higher it’s ranked. This way you can choose the feature-rich crypto trading platforms.
What are the best crypto trading terminals?
Depending on the type of trader you are, you should pick a trading terminal to automate your trades. Some people are swing traders, some are short-term traders, and others are long-term traders. Based on the features you may need, pick the right trading software for you.
The trading terminals are the professional software, and the traders can take advantage of these tools to make their trading a seamless experience. And, keeping all the above points in mind and types of traders, we have compiled the list of best crypto trading terminals in terms of what features they offer.
For now, here are the best trading terminals available in the market that you may use for automating the trades.
Best professional crypto trading terminals
1. TrailingCrypto- A professional crypto trading terminal
TrailingCrypto is a professional multi-exchange crypto trading terminal and signal service provider.
This is one of the best crypto trading platforms that allow highly advanced management of multiple trading accounts of the traders on a variety of exchanges. And, some of the most unique and advanced tools available, it helps traders to manage trades with advanced order types.
Break-even stop and moving target stop features are also offered to make your trades risk-free once the price moves in a favorable direction. The break-even calculator shows the amounts that need to be sold, and what levels in order to break even on the specific trades.
Features like this are truly beneficial. Other than that, TrailingCrypto has a fully customizable charting tool set, separate signal service, alarms, and more.
In our opinion, the most lucrative approach today is by when you combine TrailingCrypto trading terminal , signals, bot services like Binance, 3Commas etc. together for automating your trades.
This way, the professional traders can greatly benefit from both of the worlds, like having access to trades while you are not on the system or sleep, and then managing them manually if necessary with the advanced toolset like ladder orders, break even calculator, etc.
· Order types
TrailingCrypto has extensive order types support including Take Profit Orders, OCO, custom OSO, Trailing Stop, Market, and Limit orders.
· Fully-customizable trading terminal
TrailingCrypto has a fully-customizable toolset where you can resize them for screens of all sizes. So, every tool is movable and customizable here.
· Break-even calculator
It calculates all the necessary dollar-cost average information without using those extensive spreadsheets.
· Real-time alerts
The trading terminal provides real-time alerts for all the popular markets with pop-ups.
· Trade analytics
The trading terminal allows you to analyze your success on trade. See net profits, and winning rates, all from on intuitive screen.
TrailingCrypto provides access to more than 17 most popular crypto exchanges including:
· Binance Futures
This is one of the best crypto trading terminals that enable users to traders like a pro. Having added benefit of signal automation and many other features, it automates all your trades.
TrailingCrypto offers free 30-day premium membership trial. No API key is required for demo trading. It costs $10.99 per month thereafter the trial period.
This is a professional multi-exchange trading portfolio management suite offering the most reliable and easiest terminal trading for the traders. At Coinigy, the users can track their success across 45+ exchanges along with an access to Tradingview’s advanced charting tools.
· Order Types- Market, Limit, Stop-limit
· Portfolio management
It has an intuitive and easy-to-use portfolio management suite that can be utilized for personal wallets and exchanges.
· Free alerts
It offers unlimited crypto alerts with a multi-triggering system
· Market overview screener
Coinigy has a separate fully customizable screen to see different chosen markets and statistics
· Historical data
It provides historical data feeds of the most popular exchanges as a service that one can download separately from the trading terminal.
· ArbMatrix app
This is a feature specially designed to find arbitrage opportunities across multiple exchanges that Coinigy supports.
Coinigy supports 40+ crypto exchanges including:
· Coinbase Pro
This trading terminal comes with a full-featured 30 day trial period and thereafter, it costs $18.66/ month. If you are an API developer, then pricing starts from $99.99 per month.
This is one of the best Bitcoin charting and crypto trading terminal platforms offering highly detailed and unique features. Recently, the platform was bought by Kraken exchange. Users can view portfolios, connect exchanges, trading orders, positions, and see history all from a single screen.
Cryptowatch platform is easy-to-use and it’s free when it comes to simple charting. However, if you want to place trades, you have to pay on per trade basis.
· Order types- Market, Limit, Take Profit, Stop Limit, and Stop-loss
· Detailed overview
This trading terminal offers a highly detailed overview of multiple assets, exchanges, and markets with liquidity and volumes ranked.
It has the ability to quickly view positively and negatively related assets on all types of market
· Portfolio management
Manage exchange portfolios for the traders
Cryptowatch is free to use but requires some credits to use advanced features such as trading using API and crypto price alerts.
Supports +28 exchanges including:
· Kraken Futures
· Coinbase Pro
This is one of the leading trading terminals which let the traders connect with multiple exchanges. It offers a feature called ‘smart trading terminal’. It is a cloud-based trading platform and you can access it over the web or via its mobile app.
Getting started with 3 Commas is easy and it offers the most affordable advanced trading terminals for automatic and manual trades’ management. It is one of the few platforms with the highly-advanced tools for managing short positions. It also supports advanced order types and features such as a break-even calculator.
· Order Types
Market, Limit, Take Profit, Stop-loss, ladder, Trailing, and Conditional
· Portfolio management
3Commas features portfolio management to observe all of your exchange funds and wallets from an intuitive screen.
· Breakeven calculator
It calculates the total value of your accumulated orders automatically.
· Trading journal and Trade notifications
Get trading notifications on mobile, desktops, and telegram. It also gives you an ability to journal your trades as they come.
· Automated trading
The additional feature of this trading terminal involves automated trading that allows you to short/long with simple bots, future bots, grid bots, etc.
The starter pack is available at $14.50 per month. However, if you are interested in trading with bots, PRO is a must-have which is available at $49.50.
3Commas offers a 3-day free with full access to the trading platform.
3Commas supports directly up to 23 different exchanges including:
Are you getting started with crypto trading for the first time? Shrimpy is the best trading terminal that you should consider. Its simplistic and elegant design is beginner-friendly that provides all the necessary tools which you need to execute an effective strategy.
It also provides tools to automate the trading for a portfolio if the user is not available on the system. Some of the popular investment strategies like rebalancing a portfolio, implementing stop-loss, and the dollar-cost averaging are all the specialties of the Shrimpy. It is the perfect solution for the beginners, day traders, and professional investors.
Shrimpy supports different exchanges including:
· Coinbase Pro
6. Binance Trading Terminal
Binance is the world’s most popular cryptocurrency exchange that offers a desktop app which can be used as trading terminal. Unlike other trading terminals, it can only be used for trading on Binance.
It offers all the features that you want from any trading tool and lets you access all the trading tools of Binance including futures market, spot market, and margin trading.
Actually, this trading terminal is just an extension of the Binance web app. If you are looking for a free trading terminal, you should look no further than Binance desktop app.
It’s free to use
Trading cryptocurrencies could be a difficult task without making use of proper tools. Crypto markets are constantly growing and making use of crypto trading terminals like TrailingCrypto can automate your trading experience.
So, there are 6 trading terminals which you can pick one according to your preferences. I am a big fan of TrailingCrypto and that’s what I recommend to all the professional traders here. It’s available for free if you want to try premium features. However, you may go with others too like you can choose Shrimpy if you are a beginner, and for those who are using Binance, and looking for a free terminal tool, the Binance Trading terminal should be sufficient.
Until you don’t use the smart and professional trading terminal, you would never know what you are missing on.
So, which trading terminal you will choose?