One of the go-to tools for professional traders in the crypto space is DEXTools. This platform not only simplifies the trading experience on Digital Exchange/DEX, but also provides advanced analytics to support more effective decision-making.

 

One of DEXTools’ key features is its accurate and real-time price data, allowing traders to make informed decisions based on the latest market data.

 

This feature is especially useful for traders who need to place market orders quickly and want to avoid the risk of paying a higher price than they intended.

 

For a better understanding of what DEXTools (DEXT) is all about, from superior features, DEXT digital assets and their functions, how to use, to key issues to consider, check out the full review below.

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What is DEXTools (DEXT)?

DEXTools is an advanced trading platform and analytical tool that provides real-time insights into decentralized markets. The platform tracks and consolidates crypto data from decentralized exchanges (DEXs) into a single user interface.

 

The app offers many useful features, allowing investors to better understand their activities and monitor market developments more closely.

 

Launched as a public beta in June 2020, DEXTools quickly grew from a small project to one of the leading applications for tracking Decentralized Finance (DeFi) portfolios and crypto asset prices.

 

Today, the platform has around 20,000,000 monthly users and a large and active community. DEXTools supports over 90 blockchains, over 3,600,000 liquidity pools, and over 3,500,000 tokens.

 

DEXTools is constantly evolving, improving the back-end and user interface based on user feedback. The software is available as a web-based application and mobile apps for iOS and Android.

 

DEXTools Top Features

Quoting the coinpaper.com page, DEXTools provides a complete tool to help investors track and analyze the DeFi space.

 

With the DEXTools suite of tools, users can monitor market movements, keep an eye on major transactions, follow their favorite traders, and dig into various real-time data to improve their strategies.

 

The following is a brief overview of the key features of this platform that are important to know, including:

 

1. Real-Time Data on DeFi Assets

 

DEXTools.io provides real-time analysis on dozens of tokens and pairs that keep traders informed of the latest price movements and liquidity levels.

 

The data from this app allows users to make informed decisions based on accurate and up-to-date information.

 

2. Advanced Charting Tools

 

With DEXTools, traders gain access to advanced charting tools, such as Multichart, for in-depth analysis of token performance.

 

This suite of tools includes indicators such as volume profiles, moving averages, Fibonacci retracements, and more, making it easier for traders to identify trends and patterns for better decisions and higher returns.

 

3. Pair Explorer

 

DEXTools’ pair explorer allows traders to search for tokens and their pairs on any DEX supported by the app.

 

For example, if you want to trade the Moonriver token then you can simply type or select Moonriver from the list, and the app will provide a list of Moonriver pools. When you click on a specific pool, you can access detailed analysis for that pool.

 

4. Pair explorer

 

The live new pairs feature is a real-time feed of new trading pairs added to the DEX. This function allows you to stay ahead and know about new token listings before anyone else.

 

This early information can help you identify investment opportunities, such as tokens associated with innovative and useful projects.

 

5. Big swap explorer

 

This feature allows you to track and analyze important crypto transactions involving large amounts of tokens.

 

Big swap explorer allows you to monitor trades by whales and identify movements that can affect token prices, especially in low liquidity markets so that you can adjust your strategy accordingly.

 

6. Multiswap for Trading

 

The next special addition is that DEXTools is also a trading platform. This platform integrates with DEX and allows you to trade tokens directly within the app which eliminates the need to switch between exchanges and saves you a lot of time.

 

In addition, Multiswap helps you to optimize your trading by finding the most favorable exchange rates across multiple DEXs.

 

7. Other Helpful Tools

 

Other useful tools include statistics, desktop alerts (notifications), Telegram price bots, price alerts, position trackers, and more advanced trading analysis.

 

DEXTools (DEXT) Digital Assets and Their Functions

DEXT is DEXTools’ native utility token that grants access to exclusive functionality through monthly holds or subscriptions. It also provides access to premium trading groups and community initiatives, such as DEXT Force Ventures.

 

Other DEXT-based features include advanced analytics, exclusive data sets, additional price alerts, and other utilities not available to free users.

 

DEXTools initially launched with 200,000,000 tokens, half of which were owned by the team. The platform owners decided to burn 50% of their tokens reducing the total supply of assets to 150,000,000 DEXT.

 

The platform switched to a deflationary model and continues to burn 10% of the tokens used to pay for paid features each month. Recently, DEXTools announced the largest token burn in its ecosystem with an additional 5,000,000 $DEXT being removed.

 

“We’re at it again, and we’re determined to continue this deflationary model,” the blog post reads. The platform once again emphasized its commitment to the deflationary model, noting that DEXT is “widely regarded as one of the most deflationary and sustainable tokens in the DeFi market.”

 

The company also provides “The Burn Dashboard” which details the process and provides information on upcoming burns.

 

How to use DEXTools

You can start exploring the web version of DEXTools without having to register. However, to actually use the app, you need to connect your crypto wallet-such as MetaMask, Trust Wallet, Atomic Wallet, and others-with some crypto assets in it.

 

You can do this by clicking the blue “Connect” button in the top right corner of the website and following the instructions. With your wallet connected to the app, you can see the features of the app before you start using the trading insights practically.

 

It’s important that you do in-depth research on both DeFi and DEXTools before you start trading tokens or using any DeFi protocols.

 

 

Key Issues to Watch Out for

It is important to note that there are some key issues to focus on or pay attention to regarding DEXTools, including:

 

1. Analyzing Tokens

 

Use DEXTools to analyze tokens on decentralized exchanges, such as Uniswap, SushiSwap, PancakeSwap, or other platforms.

 

Get detailed insights, explore token performance, liquidity pools, historical data and more through the search bar or by exploring trending tokens.

 

2. Track Big Swaps

 

Utilize the big swaps feature to explore high-volume trades and get early information on market shifts.

 

Find out how following whale transactions can help you anticipate price movements and make better trading decisions, resulting in profitable investments.

 

3. Setting Up Alerts

 

Keep up with market trends by configuring personalized notifications for specific tokens or addresses in your portfolio. With DEXTools, you can enable notifications for each trading pair.

 

When you set up alerts in your account, you will receive a notification via email, SMS, or app when the price reaches a pre-defined level, indicating an opportunity to buy or sell.

 

Conclusion

 

To conclude, DEXTools offers a number of key benefits and features that distinguish it as one of the top choices for crypto traders.

 

With DEXTools, you can (1) access real-time analysis and accurate price data for tokens on various decentralized exchanges and (2) utilize advanced analytical tools, such as Multichart and Big Swap Explorer, to identify trends and trading opportunities.

 

Furthermore, you can (3) set personalized alerts to monitor market movements and get timely trading opportunities and (4) track large transactions and gain deep insights into market activity.

 

DEXTools is a top choice for crypto traders because it not only provides comprehensive data and analytical tools, but also continues to develop new features and improve user experience based on community feedback.

 

Therefore, it’s time for you to try DEXTools and utilize its advanced features to improve your trading performance.

 

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FAQ

 

1. What is DEXTools (DEXT)?

DEXTools is a crypto analysis platform that helps traders by providing real-time data, advanced charting tools, and other features to improve trading strategies on decentralized exchanges, such as Uniswap and SushiSwap.

2. What are the main features of DEXTools?

The main features of DEXTools include real-time data on DeFi assets, advanced charting tools, pair explorer, active new pair feature, large exchange explorer, Multiswap for trading, and various other useful tools such as statistics and alerts.

3. How to use DEXTools?

To use DEXTools, you need to connect a crypto wallet, such as MetaMask or Trust Wallet, to the platform. You can start exploring its features and use the insights gained to improve your trading strategies.

4. What does the DEXT token do in DEXTools?

The DEXT token serves to unlock access to DEXTools’ premium features, including premium trading groups and community initiatives. DEXT also has a burning mechanism that makes it a deflationary asset and provides passive rewards to its holders.

5. How do I set up alerts in DEXTools?

You can configure personalized alerts for specific tokens or addresses in your portfolio. After setting up an alert, you will receive a notification via email, SMS, or app when the price reaches a pre-set level.