The rapidly-evolving nature of the crypto market means the need for effective analytical tools is greater than ever. Thankfully, there is now an abundance of providers that offer these tools, ensuring traders and investors have the information they require to be successful in the market.

With that in mind, this article discusses the best crypto tools available now, diving into what they offer and how they can aid decision-making. We’ll also cover the various types of crypto tools that market participants can use before presenting a quick-step guide on how to get started with a top trading tool today.

The 5 Best Crypto Analysis Tools to Maximize Profit

Identifying the best crypto analysis tools can be challenging – especially given the tremendous growth in the crypto market over the past few years. However, through extensive research and testing, we’ve narrowed the selection to our top five crypto tools providers, which are listed below.

1. Dash 2 Trade – The Best Crypto Analysis Tool for 2022
2. Messari – Leading Cryptocurrency Analysis Tool for Advanced Investors
3. Accointing – One of the Best Crypto Tools for Filing Taxes
4. Chainalysis – Widely-Used Crypto Tool for Blockchain Analysis
5. CoinMarketCal – Comprehensive Economic Calendar for Crypto Traders

Now let’s take a closer look at these crypto research sites and tools, digging into why they are so highly regarded within the trading community.

1. Dash 2 Trade – The Best Crypto Analysis Tool for 2022

Topping our list of the best crypto trading tools is Dash 2 Trade. Dash 2 Trade is one of the newest platforms in the crypto research and analysis space, aiming to build upon the foundations laid by the platforms that have come before.

Broadly speaking, Dash 2 Trade is an online crypto analytics provider created by the team behind the ultra-successful trading education ecosystem, Learn 2 Trade. Over the years, Learn 2 Trade has amassed more than 70,000 traders, which has enabled the team to identify pain points within the market.

By understanding these pain points, the team was able to design a world-class analytics platform that offers everything that traders and investors need to be successful in the market. According to Dash 2 Trade’s whitepaper, the platform includes:

• Regular trading signals with no directional bias
• Social sentiment indicators to identify trending coins
• On-chain analysis tools to highlight ‘whale’ movements
• In-depth strategy builder with full backtesting capabilities
• Custom presale scoring system
• Real-time alerts for new CEX/DEX listings
• Trading competitions for subscribers with lucrative prizes

By combining these tools into one platform, Dash 2 Trade offers an ‘all-in-one’ solution for market participants – ensuring they don’t need to go anywhere else when conducting research. Moreover, the information presented on the Dash 2 Trade platform is designed to be actionable, promoting better decision-making.

Underpinning the Dash 2 Trade ecosystem is D2T – the project’s native ERC-20 token. This taxless token acts as an ‘entry pass’ for holders to access Dash 2 Trade’s top features, which are contained within the ‘Starter’ and ‘Premium’ tiers. However, Dash 2 Trade will also offer a free tier that features introductory tools and services – ensuring there’s an option for everyone.

Another reason to be excited about Dash 2 Trade is the project’s roadmap. The development team has laid out plans for CEX/DEX listings in Q1 2023, with the backtester launching in Q4 2023. Finally, Dash 2 Trade’s team even aims to release a fully-fledged auto-trader feature in Q2 2024, allowing integration with CEX APIs.

At the time of writing, Dash 2 Trade’s team is putting the final touches on the platform ahead of its launch in early 2023. However, investors can still buy D2T tokens through the project’s presale phase, which has raised over $4m in less than a month.

Dash 2 Trade is currently in stage 2 of its presale, allowing investors to acquire D2T tokens for just 0.05 USDT. With a total of nine stages in the presale, each seeing D2T’s price increase from the previous stage, investors have a clear incentive to get involved as early as possible.

Those looking to learn more about Dash 2 Trade can join more than 26,000 traders on the official Telegram group.

Invest in Dash 2 Trade Presale

2. Messari – Leading Cryptocurrency Analysis Tool for Advanced Investors

Another of the best crypto analysis tools for traders to consider is Messari. Messari is an online platform that provides an array of services that empower traders to operate effectively in the crypto market. The Messari platform was launched in 2018 and has expanded rapidly, benefitting from the crypto market’s growth.

Messari offers some of the best cryptocurrency trading tools through its easy-to-navigate dashboard, including custom watchlists, in-depth price charts, and coin screeners. Users can also view a real-time newsfeed, which they can curate to include only the most pressing news stories.

In addition to these cryptocurrency tools, Messari provides regular reports on specific coins. For example, a recent report takes a deep dive into the state of the Polygon network for Q3 2022, exploring its user statistics, financials, and performance.

Messari even caters to professionals by offering ‘Messari Pro’, a paid service that provides industry-leading crypto research, advanced charting tools, and downloadable CSV data. A subscription to Messari Pro will cost $29.99 per month, although users can obtain a discount if they opt for the yearly subscription.

3. Accointing – One of the Best Crypto Tools for Filing Taxes

Those looking to maximise crypto profit must ensure their taxes are in order – and Accointing aims to streamline this process. Founded in 2018, Accointing is a tax management solution for crypto holders, enabling them to track portfolio performance and optimise taxes.

Unlike many cryptocurrency analysis tools, Accointing links directly to crypto wallets and exchanges, with over 400 integrations supported at present. This means transactions are updated instantly, and users can view their entire asset allocation in one place – removing the need to keep track of multiple sources.

Moreover, Accointing features an automated tax calculator, which can provide tax reports for investors based in the US, UK, Austria, Switzerland, and Germany. Notably, Accointing even has a tax optimizer tool, highlighting ways traders and investors can lower their tax burden.

Accointing offers a free tier, although this only supports up to 25 transactions. Active traders and investors may wish to opt for one of the three paid tiers, which start from just $79 per year. Finally, all paid tiers come with a 30-day money-back guarantee – a relatively rare feature in the crypto analytics space.

4. Chainalysis – Widely-Used Crypto Tool for Blockchain Analysis

Chainalysis is slightly different from the other tools for crypto on our list, as this platform focuses more on blockchain technology than coins and tokens. Broadly speaking, Chainalysis is a crypto-investigation software that provides advanced blockchain data to many different entities worldwide, including governments, financial institutions, and cybersecurity companies.

The main aim of the Chainalysis team is to provide the tools and knowledge needed for market participants to operate in compliance with local and national laws. Chainalysis does this through its ‘Chainalysis Data’ service, which continually maps on-chain data. In turn, this has created a sort of ‘search engine’ for the blockchain.

The platform also provides a ‘Chainalysis Reactor’ service focused on reducing illegal blockchain activities. This service connects crypto transactions to real-world entities and can even track transactions across different blockchains. Finally, Chainalysis also provides a ‘Know Your Transaction’ feature that helps users stay compliant when using emerging technologies like DeFi and NFTs.

Given Chainalysis’ advanced functionality, those who wish to use its tools must request a demo from the team. In addition, users can apply for a license for the ‘Chainalysis Reactor’ service – although this in-person training programme costs $999 per person.

5. CoinMarketCal – Comprehensive Economic Calendar for Crypto Traders

Rounding off our list of the best crypto trading tools is CoinMarketCal. CoinMarketCal is a widely-used economic calendar that aggregates all of the top crypto news within a user-friendly dashboard. The features offered by CoinMarketCal are free to use since much of the information is community-driven.

On CoinMarketCal’s homepage, users can instantly see the most important upcoming market events, as voted for by other users. Importantly, all of the events highlighted on CoinMarketCal’s dashboard will have a source link, ensuring high credibility.

CoinMarketCal also has a ‘coin ranking’ feature, allowing users to filter coins based on the number of upcoming events – which is useful when trying to identify trending cryptos. There’s also a ‘Highlights’ section showcasing coins and tokens that are experiencing momentum in the market.

Finally, CoinMarketCal even offers a free weekly newsletter that presents three trending cryptos for traders to keep their eye on. When this is combined with the platform’s real-time news calendar, it creates a powerful platform for traders to understand the events that are shaping the crypto market.

Types of Crypto Tools & Their Advantages

As highlighted in the reviews above, there are various crypto tools on offer, each providing a distinct benefit to traders and investors. With that in mind, let’s take a closer look at the main types of crypto tools available today:

Charting

Crypto charting tools are perhaps the most widely-used tools in the sector, given their importance regarding investment decisions. Charting tools often provide an array of technical indicators that can boost the effectiveness of price analysis – leading to better trading decisions.

Some charting tools even offer backtesting capabilities that enable traders to determine their strategies’ suitability. A prime example is Dash 2 Trade, which combines a backtesting feature with a strategy builder, making it easy for traders to develop practical market approaches.

Analytics

Analytics is a catch-all term that refers to the tools and services that collect and process crypto-related data sets. These analytics tools can be related to the broader crypto market or applied to an investor’s own portfolio.

Examples of the latter include profit/loss analysis, return on investment (ROI), and portfolio composition. Investors can make data-driven portfolio decisions using analytics tools, ensuring they remain objective during different market conditions.

Trading Signals

Trading signals are a type of ‘suggestion’ that alert traders to potential market opportunities. These crypto signals usually provide information such as the digital asset’s name, the trade direction, the entry price, and the stop-loss level. As such, trading signals are hugely beneficial to beginners and those who don’t have the time to monitor the charts daily.

Although trading signals provide all the information needed to place a trade, it’s crucial to ensure they come from a reliable source. Dash 2 Trade is an excellent example of a reliable signals provider, as the platform was developed by the super-popular Learn 2 Trade crypto education service – which has amassed a community of over 70,000 traders.

Visit Dash 2 Trade

Trackers

Crypto trackers are tools that allow investors to track the value of their portfolios across various sources. For example, a crypto tracker can integrate with crypto wallets, exchanges, and brokers to accurately measure real-time portfolio valuation changes.

These crypto trackers can benefit those who invest actively and own many coins and tokens. Moreover, trackers help identify top-performing assets whilst highlighting those exhibiting poor performance – thereby streamlining the portfolio management process.

On-Chain Analysis

On-chain analysis tools are those that identify certain activities on blockchain networks. The most common activity is wallet transactions; more specifically, those conducted by ‘whales’, which refers to people (or institutions) who own large amounts of crypto.

When a ‘whale’ transaction occurs, it can often be a bullish or a bearish signal, depending on what has transpired. For example, if a large investor sends a significant amount of BTC to an exchange, it can mean they are looking to sell their holdings – hinting that the price may be about to decrease.

All-in-One Platforms

Specific platforms combine crypto-mining tools, charting capabilities, on-chain analysis, and other services all in one ecosystem. This can be hugely beneficial to traders, as it means they do not need to go back and forth between several providers when conducting research.

As highlighted earlier in this article, Dash 2 Trade stands out from the crowd in this regard. The Dash 2 Trade ecosystem contains an abundance of useful tools and features, all within one user-friendly dashboard. Therefore, by partnering with Dash 2 Trade, traders are empowered to make better decisions without having to utilise various data providers.

Crypto Taxes

Finally, crypto tax tools are exceptionally valuable – especially given the relatively unclear nature of tax laws in many jurisdictions. The top tax tools can streamline the tax reporting process, ensuring investors are compliant and helping remove the stress associated with taxation.

Moreover, many crypto tax tools also provide scope for investors to optimise their tax burden. This may come in the form of tax harvesting services, which help reduce taxable capital gains and decrease the amount owed.

How to Access Dash 2 Trade Analytics & Signals

Before concluding this discussion of the best crypto analysis tools, let’s take a closer look at how traders and investors can begin using one of these tools today. As noted earlier, our top pick in the market right now is Dash 2 Trade due to its comprehensive selection of tools and features, combined with its community-building aspects.

For that reason, detailed below are the five simple steps that traders must follow to access Dash 2 Trade’s range of valuable services:

Step 1 – Create a Crypto Wallet

Since the Dash 2 Trade token is hosted on the Ethereum blockchain, investors must set up a crypto wallet compatible with the ERC-20 token structure. Many wallets offer this functionality, although we recommend MetaMask since investors can download it on iOS, Android, or Google Chrome.

To set up a MetaMask wallet, head to the official website and click ‘Download’. On the next page, choose the relevant operating system and follow the instructions to set up a password and connect the wallet to the Ethereum network.

Step 2 – Acquire Digital Currency for Exchange

Dash 2 Trade tokens can be purchased using Ether (ETH) or Tether (USDT) – both of which can be easily obtained through most crypto exchanges. Once one of these digital currencies has been purchased, transfer the holdings to the crypto wallet created in Step 1.

Alternatively, investors can buy ETH directly through Dash 2 Trade’s presale dashboard. This feature is offered through Transak and enables investors to purchase ETH using a credit/debit card.

Step 3 – Connect Crypto Wallet to Presale

Go to Dash 2 Trade’s homepage and click ‘Connect Wallet’. Choose the relevant wallet provider (e.g. MetaMask) and follow the instructions to make the link.

Step 4 – Buy Dash 2 Trade Tokens

An order box will then appear, in which investors can enter the number of D2T tokens they’d like to buy (minimum 1,000). Following this, all that’s left is to choose whether to fund the exchange using ETH or USDT and confirm the transaction with the wallet provider.

Step 5 – Claim Dash 2 Trade Tokens

Once Dash 2 Trade’s presale ends, a Token Generation Event (TGE) will occur. Following this, investors can claim their purchased tokens by clicking the ‘Claim’ button on Dash 2 Trade’s website.

Invest in Dash 2 Trade Presale

Best Crypto Tools – Conclusion

In summary, this article has taken an in-depth look at the best crypto trading tools on the market, ensuring traders and investors have a comprehensive understanding of the platforms that can aid their decision-making.

As mentioned earlier, our pick for the best crypto analysis tool on the market right now is Dash 2 Trade. This all-in-one platform combines regular trading signals, sentiment indicators, on-chain analysis, and strategy-building capabilities – ensuring traders have everything they need to operate effectively.

Dash 2 Trade’s presale is still ongoing, providing a limited-time opportunity for investors to buy D2T tokens at a discount. However, with over $4m raised at the time of writing, there’s every chance Dash 2 Trade’s presale allocation could sell out – meaning investors must act quickly to get involved.