Bitfinex is a cryptocurrency trading platform, owned and operated by iFinex Inc. Since 2014, Bitfinex has been the largest Bitcoin exchange platform, with over 10% of the exchanges’ trading.

It’s no doubt that Bitfinex is the largest exchange in USA when you factor in daily BTC trading volume and is where the majority of whales use as their playground.

Cryptolume is is an advanced cryptocurrency analysis and trading tool that is directly connected to Bitfinex’s API to capture data and present you an advanced view of information from a birds-eye view that can help you with trading on Bitfinex.

So what exactly is Cryptolume and how can it help you trading with Bitfinex?

We’ll cover these answers by showing screenshots directly from the Cryptolume application with how it’s connected to Bitfinex and what can be done from within.

1. Bitfinex Exchange Summary:

Bitfinex Exchange Summary

The Bitfinex exchange summary shows you all the cryptocurrencies that you’re able to trade on Bitfinex and gives you statistics from a birds eye view such as volume, price, current RSI (for specific candle timeframes) as well as live orderbook statistics that show the buyers and sellers for a particular cryptocurrency.

As you can imagine this already saves you heaps of time by being given a table view of important information that is very lucrative to intermediate and expert cryptocurrency traders.

2. Bitfinex Exchange Based Alerts

Bitfinex Exchange Based Alerts

With Cryptolume’s unique feature “Exchange based alerts” we compute trading patterns and indicators and then present these to our users via a easy to use UI and also available for Desktop & Mobile alerts via the Slack chat integration.

With this, you can see movements such as MACD crossovers, MACD histogram increases whilst RSI is oversold, RSI Oversold, Overbought, Volume/Price increases and we’re also working on a range of new indicators that will be available soon such as Bollinger bands and we’re looking into adapting trading patterns that we can scan for such as double bottoms and EMA crossovers.

What else is available?

We also provide real-time reporting of cryptocurrencies getting added to Bitfinex, it’s normal to see heavy price movement on a given crypto after it gets added to an exchange, this is available in both UI (As seen below) and also via Desktop/Mobile push notification if you opt under the Cryptolume Advanced Plan.

Bitfinex Coin Addition Alerts

Conclusion:

Cryptolume is a smart and advanced cryptocurrency trading tool that is constantly evolving and becoming better. Over the coming months we’ll be adding even more trading indicators, ability to customize your own alerts in essence of trading patterns and much more. Visit us today to find out more.

Spread the love

Post comment

The Cryptocurrency Revolution has only just begun, are you in?