When exchanges aren’t enough: Here’s how traders use extra tools to stay efficient

The constantly growing number of crypto users, despite a year-long bear season, showed that it’s never too late to enter the crypto market. Last year began with less than 300 million active crypto users, and even though the crypto market went through impactful events such as the collapse of the FTX crypto exchange, the crypto community grew steadily, finishing the year with more than 400 million crypto users.

Crypto adoption is especially strong in emerging markets, while the Middle East and North Africa (MENA) region experienced a significant uptick, according to Chainalysis’ reports. 

Source: Statista

The ever-growing crypto market directly translates into a more mature and challenging trading environment, where traders need a wide range of tools for heightened efficiency and confidence. 

Traditional means of trading, like using crypto exchanges, can be too slow and ineffective in fast-moving markets. That’s why traders from all expertise levels are flocking to trading  terminals that increase their efficiency with extensive toolkits that enable automation and provide means for in-depth market analysis.

Traders who want to understand the market better, analyze results and quickly alter strategies need tailor-made apps created specifically to meet various goals. For example, day traders need fundamental analysis as well as hourly graphs to develop better strategies, while scalpers need to rapidly open and close their positions in a short period of time to benefit from quick market movements.

Founded in 2015, Swiss-regulated fintech firm Tiger.Trade provides a series of trading apps and Web3 services with unique features that enhance the trading experience to help users from all expertise levels achieve more.

Crypto, stocks, futures and more in a single Windows app

Preferred by over 175,000 traders, from scalpers to investors, the native Windows desktop app Tiger.Trade provides a trading terminal where users can trade cryptocurrencies, stocks, futures, forex pairs and options in one place. The extensive, user-friendly platform connects to crypto exchanges, including Binance, OKX and Bybit, as well as stock exchanges such as NYSE, NASDAQ and CME, which are available through TWS, Rithmic, MetaTrader 5 and many other terminals.

Source: Tiger.Trade

As traders seek a diverse arsenal of trading instruments, Tiger.Trade for Windows features a range of tools with a minimalistic design to help them stay focused on the trading process and achieve their goals. Scalpers can benefit from the depth-of-market (DOM) widget with a built-in functional trading panel, customizable settings and cluster analysis. The native charting terminal provides classic candlestick and footprint charts with an extensive list of indicators and the option to build clusters for thorough technical analysis. Additionally, investors can use the watchlist functionality to find the best trading opportunities presented at any given moment.

To help new traders test strategies on real-time and historical data without risking real money, Tiger.Trade for Windows also features Player training modules and a Simulator. With the Simulator function, traders can experiment and backtest strategies in a real-time environment on a demo account. On the other hand, the player module allows traders to examine strategies on the historical data of any asset during any time period.

Source: Tiger.Trade

On top of that, the built-in Risk Manager protects users’ live trading accounts by assisting them in sticking to the selected trading strategy and placing automated orders to prevent losses.

A native trading app for macOS

Apple Mac and MacBook users get a native trading app written in the Swift programming language that allows the app to achieve best-in-class performance. Tiger.Trade for macOS features a user-friendly interface and efficient trading tools, which are built around speed and efficiency with day traders’ and scalpers’ needs in mind.

At the moment, the app allows traders to connect to Binance, but the company plans to add other crypto exchanges in the near future. The macOS app helps to boost the efficiency of  the trading process with analytical tool addons and enhanced trading functionality. The extensive features found in the app cover the complete trading cycle — from pre-trading market analysis to trading and post-trading evaluation of results. 

Source: Tiger.Trade

The app offers mouse trading in DOM and chart widgets, price alerts, drag-and-drop order management, hotkey assignments for orders and a customizable layout to provide an enhanced trading experience for macOS users. What’s more, investors can add as many indicators as needed for each trading instrument, facilitating any level of analysis a trader requires to make informed decisions.

Tiger.Trade users on MacOS can see the full market overview on upgraded TradingView charts, which have multiple settings options, and highlight key points using the drawing panel feature. It helps traders track price movements and effortlessly mark patterns.

Connecting the Web3 ecosystem

Tiger.Trade is also preparing to launch a Web3 fintech ecosystem to connect traders, retail investors and institutional clients via trading and financial services. Named Tiger.Tradeverse, the ecosystem will introduce a proof-of-trade network, on-chain copy trading and the decentralized exchange TigerDEX. 

The proof-of-trade network will use real-time trading performance verification and help in protecting investors from traders who falsely promise high returns. This network will become a core layer for Tiger.Tradeverse to help create on-chain services like copy trading. With the on-chain copy trading feature, users will be able to pick verified experts and automatically copy their trades via smart contracts directly on the blockchain.

The crypto market is constantly evolving, so it’s only natural that traders need more advanced and reliable tools to benefit from the growth of the space. Developed by a team of international fintech experts, Tiger.Trade aims to help users make smarter trading decisions by utilizing a wide variety of trading tools and analytics, creating the ultimate ecosystem of investor apps. Tiger.Trade enables trading a multitude of assets beyond crypto with advanced tools like Footprints, Depth of Market, Smart Tape, Watchlist and Risk Manager, while it helps newcomers with its Simulator and Player training modules.

Users can check the Tiger.Trade desktop apps for Windows and macOS via the official website to better understand how professional traders are staying ahead of the competition.