In a market that never sleeps, new tools are coming to light to enable users to track their investments easily, find new opportunities, or simply help them get a better overview of the market they find themselves in.
What does a DEX Screener do?
DEX Screeners allow you to track your favorite cryptocurrencies in real-time, from coins established on the market such as Ethereum (ETH) or Binance Coin (BNB) to newer coins that launch every day and are not yet listed on traditional platforms such as CoinMarketCap or CoinGecko.
Most DEX Screeners will not only allow you to track and see the trading pairs of coins you’re interested in but also to find new coins with potential. You’ll be able to see the transaction volume for a token, the latest buy and sell orders, the increase or decrease in the last 24 hours, a nice-looking chart, and a lot of other cool features which will make your crypto trading adventure a piece of cake.
If you don’t already know, one of the biggest DEX Screeners in the current market at the time of writing is none other than dexscreener.com, being online for more than one year and serving over 5M users at the peak of the bull rush.
Why is DEXScreener.com so popular?
While there is more than one dex screener available on the market, most crypto enthusiasts are using dexscreener.com, and there are a few good reasons why it is so popular:
- An easy-to-use user interface with a lot of useful information which can be found easily, even by someone with little to no experience in using tools of this kind;
- You can make changes to the appearance of the site and charts in order to arrange things as you are used to, for better use of the site;
- It allows users to examine a lot of explorers, without forcing them to browse just coins from more popular blockchain explorers such as Ethereum, Binance Coin, or Polygon.
While there is still room for the site to add other features that may be useful to the users, such as price alerts for big market moves or events in the token’s activity, such as being listed on an exchange, we can say that dexscreener.com has more than what users need at the moment and plenty of room to grow and improve in the near future.
What other tools can you use?
As people may expect, dexscreener.com is not the only tool in the market that you can use to track your favorite tokens, be up to date with the new coins that are created each day, or even look at beautiful charts with your favorite settings.
No, there are a lot of other dexscreener alternatives, and here are some of the most popular ones:
Dextools.io is one of the oldest tools of this kind from the market, allowing you not only to do the things you could have done with any other tools but, by holding their token, DEXT, you are getting access to all kinds of cool perks such as:
- ads-free use of their tool;
- the ability to see more high-demand tokens;
- add more tokens to your favorite list to more easily keep an eye on them;
- profit and loss tracking possibility;
- price alerts (since dexscreener.com doesn’t have that yet);
- and a lot of other cool features you can enjoy.
But if you are looking for a free tool, then don’t worry. Their free features are more than enough to do your work.
Dex.guru is a pretty old competitor for dextools.io, but still pretty new when compared to maybe the first tool available to track tokens generated on a certain coin block explorer.
The same options as in other tools can be found here as well, but something that sets it apart from the rest is the modern and easy-to-use design. At the same time, the ability to see the total liquidity provided by an address in different coins makes it easier to keep an eye on what the whales are up to lately.
DexView.com is another recent alternative launched by the team at Pinksale.Finance, which has quite a lot of experience with tokens, considering that they have one of the most used platforms for launching new tokens on Binance Chain (BNB).
Functions are basically the same as the ones found in the dexscreeners mentioned above, with not many new things added to the site.
CoinMarketCap’s Dex Scanner
CoinMarketCap’s dexscanner is also a tool with a lot of potential that can help you track your favorite pairs and market movements, all from the conform of CoinMarketCap.com, a well-established website in the crypto market.
CoinMarketCap’s team has expanded its tool inventory quite a lot after its acquisition by Binance, including a portfolio tool that allows you to track your investment profitability, a blockchain explorer, an ICO calendar, as well as other tools.
More tools are released every day, so the future looks promising for people who want to simplify their investment and tracking.