Global Price Analyzer
Last updated
Last updated
The global analyzer of cryptocurrency exchanges aimed at identifying the most lucrative deals for purchase or sale would be one of the functions of an ecosystem open to users.
The quest for the most profitable price of a certain cryptocurrency is either a lengthy and routine process for most users of crypto markets because it has to be performed manually, or it produces results that are far from the actual market situation, since most of these services do not have the relevance of the data obtained from exchanges.
So to find the most profitable deals, the purpose of the price analyzer is to make this method as convenient, quick and versatile as possible.
A consumer who wants to buy/sell coins will be able to get a table with a description of data collected from various exchanges through APIs quickly and easily.
The most urgent issue is to ensure the relevance and real value of the data sent to the service by the exchange.
We will provide the appropriate degree of data significance, analyzing not only the price set on the last order, but also many previous ones, as most cryptocurrency statistics services give.
In addition, the estimation of data importance would be enhanced by a greater number of orders in general and a larger volume of transactions.
This is how the portion of the data aggregation service will look. The second component is expected to filter out results that do not reflect the user's values a priori.
To maximize the relevance of the results, the user will be able to choose the most convenient search choices. Examples of choices for searching:
Cryptocurrency;
Order type (purchase / sale);
Volume of trades for the selected period;
Furthermore, using the advanced search feature, the user will be able to define the results criteria. We selected from among the additional search options:
Range of desired prices;
Desired exchanges;
A data set filtered by a reduction of the price profitability parameter would benefit from such a request. The user can display the results of all exchanges (in case if he specified only one or several desirable).