Part 6: A beginner’s guide to crypto for S’poreans: 10 free tools you can use in your crypto journey (2024)

For those of you who’ve been following along our beginner’s guide to crypto, you should feel fairly confident by now. We’ve gone over all the fundamentals – from how blockchain technology works, to the different types of cryptocurrencies, stablecoins, NFTs and DeFi.

In partnership with Luno, we’ve also stressed the importance of doing research the right way so that you can always be equipped to make informed decisions. While this space offers a lot of opportunities, there’s also a lot of risks and misinformation out there. Fraudulent projects and scams have become prevalent in the crypto space and learning how to spot red flags is essential.

At this stage, you’ve probably realised that investing in crypto can be a time-consuming process – even more so than in traditional finance, which is heavily regulated – and the responsibility to protect your assets remains primarily with yourself.

In the final edition of our series, we’ll look at 10 free tools which can help make life easier and guide you along this ever-changing world of crypto. These cover a wide range of uses including charting, price analysis, and portfolio tracking.

Price-tracking and portfolio management

When deciding to buy a crypto coin, you’ll want to check the price at which it’s trading and find a good entry point. CoinMarketCap and CoinGecko are two of the most widely-used websites for this purpose. The former tracks over 20,000 different coins, while the latter tracks around 12,000. Both websites list new coins on a daily basis.

Price information is free to access for all users with no sign-up required. It’s possible to look at the historical prices of coins, often dating back years or to whenever the coin was first introduced.

Along with this, both websites also report statistics such as the highest and lowest price which a coin has traded for in a given time period. This can be helpful in gauging the prevalent sentiment around a coin which you’re looking to invest in.

By creating a free account on either website, users can also access their respective portfolio trackers. These allow you to manually enter the coins which you’ve invested in – the quantity and price of purchase – and track their value over time.

For those who invest in equity markets as well, Delta is an all-in-one portfolio tracker to consider using. The app allows you to track your investments on-the-go – crypto, NFTs, and stocks – using the same interface. Delta is free to download on Google Play and the App Store, and it is only available for use on phones and tablets.


One step beyond price-tracking is analytics. This involves using the wide range of information available on the blockchain – price movements, number of active wallets, transaction fees – to give you a sense about future performance.

Most crypto analytics platforms only offer real-time data analytics as part of their paid subscription plans. However, they may also have free plans which usually provide sufficient insights for retail investors.

Glassnode is a beginner-friendly platform, which provides access to fundamental metrics such as market cap, transaction rate, and transfer volume for free. There are descriptions which explain the purpose of each metric, and users are able to compare different metrics on the same graph as well.

Using quantitative data is an important part of researching a cryptocurrency as it can help provide an objective view.

For example, if you see someone praising a crypto coin’s potential on Twitter, it’s tough to tell whether their insights are legitimate or if they are simply promoting the projects because they are invested in it and want to build hype.

The latter is a popular form of crypto promotion known as shilling. Communities try to draw attention to their project on social media, using information which may not always be true or positioned to optimise clicks, also known as clickbait.

People might even use fake accounts to make it seem like a project has more followers than it actually does. Through data analytics, you can check the number of wallets which actually hold said project’s cryptocurrency and make judgement by yourself. This can help prove whether or not the community is legitimate.

Santiment is another popular analytics tool which offers a free plan. Users can create their own personalised watchlists, and access up to two years’ worth of historical data, albeit with a 30-day lag.


If you’re looking to engage in your own technical analysis, TradingView is the ideal platform to read charts, draw indicators, and test strategies. The platform has long been popular among equity traders and over the years, it has introduced cryptocurrencies as well.

TradingView offers free access to a wide range of indicators, although users will have to look elsewhere to learn how to make sense of them. Those already familiar can get started immediately and begin plotting their investment strategy.

The platform allows the community to create and share their own scripts well. These are lines of code, which can interpret price information and prove useful in identifying future trends. Using these scripts, users are free to test out their theories about market movements and gauge how well their strategies would perform based on historical data.


While this beginner’s guide gives you all you need to get started in crypto, there’ll always be a need to continue building your knowledge and learning about new trends, and even read back if things get a little fuzzy. The crypto space is ever-changing and to ensure you’re making the right investments, it’s important to stay informed.

Luno takes crypto education to the next level with Luno Discover. It offers daily crypto updates, weekly round-ups, development news, as well as a variety of guided content for both beginner and advanced crypto enthusiasts. The content is written to be easily digestible and jargon-free.

If you like to read on-the-go, Luno Discover is also available within the Luno app which is free to download. Even if you only have a minute to spare, there’s plenty which Luno Discover can teach you in that time.

For smaller on-the-go doses of crypto knowledge, it’s also worth subscribing to Luno’s Telegram channel and following them at @luno_sg on Instagram. It’s a way to stay up-to-date on all the headlines of the day and if any of them catch your attention, there’s always a link to read on and learn more. Challenge what you’ve learnt with their weekly pop quiz – if you get it wrong, don’t worry because explainers are always available.

NFT trackers

Finally, for those looking to invest in NFTs, knowing historical floor prices – the lowest price at which an NFT from a collection is listed for sale – can be helpful in making a buying decision. It also helps to know how many sales a collection sees per day. This can inform you of the demand for a particular NFT collection.

Different blockchains tend to have their own apps built for tracking NFT prices. NFT Price Floor and Solsniper are two popular trackers for the Ethereum and Solana blockchains respectively.

Since NFTs can be listed on different marketplaces, these trackers can help ensure that you’re getting the best deal.

For example, the floor price for an NFT collection might be 20SOL on the Magic Eden marketplace, but 18SOL on OpenSea. Solsniper can save you the trouble of checking each marketplace individually and instead, let you know the lowest price for which you can buy an NFT.

Solsniper has TradingView’s charting tools built-in on its website, allowing users to carry out technical analysis on NFT price movements as well. The website also tracks the unique holders of each NFT collection, and the number of NFTs held by the top 50 holders.

If the supply of an NFT collection is concentrated among a few holders, there’s always the risk that they can dump their holdings and sway the price significantly. This is an important data point to consider when looking at NFTs. Just like with crypto, quantitative data can help you make better investing decisions here as well.

With that being said, we’ve come to the end of our beginner’s guide to crypto. You should now have everything you need to take your first steps into this exciting realm.

This guide was created as part of Luno’s ongoing mission to encourage responsible crypto participation. In this ever-growing space, it’s important to make education a priority and ensure that users – both new and experienced – are well-aware of making the right investment decisions. If you feel the need for a refresher, revisit the other parts of the guide linked down below.

This article is part of a six-part series to a no-hype beginner’s guide to crypto. You can check out the other articles here:

Part 1: Blockchain and cryptocurrencies
Part 2: Types of coins and its risks
Part 3: NFTs, DeFi and metaverse
Part 4: Stablecoins
Part 5: How to ‘DYOR’

This article is written in collaboration with Luno.

This partnership between Vulcan Post and Luno is for educational purposes only. Luno Singapore has been awarded in-principle approval from the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019. Cryptocurrency is a high-risk investment. The value of cryptocurrency can fluctuate significantly and you may lose the capital you invest. Before investing, we urge you to educate yourself about cryptocurrencies and to familiarise yourself with the risks involved, which are detailed in Luno’s Risk Warning.

Featured Image Credit:CoinGecko / Luno / Delta / Art Haus

Also ReadPart 5: A beginner’s guide to crypto for S’poreans: How to actually ‘DYOR’

Part 6: A beginner’s guide to crypto for S’poreans: 10 free tools you can use in your crypto journey (2024)


What are best tools crypto? ›

8 Best Crypto Tools for Research & Analysis 2022
  • Dash 2 Trade - Overall Best Crypto Trading Tool.
  • - Get Daily Crypto Telegram Signal Alerts.
  • TradingView - Crypto Tool for Charting and Technical Analysis.
  • Messari - Best Crypto Research Site For Advanced Traders.
4 Nov 2022

What is cryptocurrency A Beginner's Guide? ›

Crypto are digital assets—they have no tangible form. Cryptocurrencies exist and operate on a public ledger called a blockchain, which records all crypto transactions. Blockchain encryption is designed to make all transactions immutable and secure from tampering, counterfeit, and other forms of fraudulent transactions.

What is cryptocurrency all about PDF? ›

Article Technical overview Cryptocurrency is the name given to a system that uses cryptography to allow the secure transfer and exchange of digital tokens in a distributed and decentralised manner. These tokens can be traded at market rates for fiat currencies.

How can I get free cryptocurrency for free? ›

9 Ways to Earn Free Cryptocurrency
  1. Signup Bonuses and Promotions on Crypto Exchanges. Some crypto platforms and exchanges offer a registration bonus. ...
  2. Crypto Staking. ...
  3. Airdrop Participation. ...
  4. Learn and Earn. ...
  5. Crypto Lending. ...
  6. Playing Gaming (P2E), Exercising (M2E) ...
  7. Crypto Mining. ...
  8. Taking Surveys.
1 Nov 2022

Which crypto Miner is best? ›

Top 10 Bitcoin Mining Hardware [2022 Updated List]
  • Comparing the Best Bitcoin Miner Hardware.
  • #1) Antminer S19 Pro.
  • #2) Antminer T9+
  • Pionex – Recommended Crypto Exchange.
  • #3) AvalonMiner A1166 Pro.
  • #4) AvalonMiner 1246.
  • #5) WhatsMiner M30S++
  • #6) WhatsMiner M32-62T.
17 Nov 2022

Can you start crypto with $1? ›

You can purchase or sell as little as 1.00 of digital currency denominated in your local currency ($1 or €1 for example). You can find more information about creating a buy or sell order here.

Which crypto app is best for beginners? ›

1. Interactive Brokers – Best Crypto App for Beginners. The recent development in cryptocurrencies made it clear that users a well-advised to decide on financially stable companies offering excellent crypto trading apps with low fees and a high layer of security.

What are the 4 types of cryptocurrency? ›

Q #1) What are the four types of cryptocurrency? Answer: The four major types include utility, payment, security, and stablecoins. There also are DeFi tokens, NFTs, and asset-backed tokens. Of all cryptocurrencies, the most common are utility and payment tokens.

What are 3 benefits of cryptocurrency? ›

Advantages of Cryptocurrency :
  • Protection from inflation – Inflation has caused many currencies to get their value declined with time. ...
  • Self-governed and managed – ...
  • Secure and private – ...
  • Currency exchanges can be done easily – ...
  • Decentralized – ...
  • Cost-effective mode of transaction – ...
  • A fast way to transfer funds –
30 Sept 2022

What are the 5 types of cryptocurrency? ›

  • Ethereum (ETH) ...
  • Tether (USDT) ...
  • USD Coin (USDC) ...
  • Binance Coin (BNB) ...
  • Binance USD (BUSD) ...
  • XRP. ...
  • Cardano (ADA) ...
  • Solana (SOL)

What are the 5 types of Cryptocurrency wallets? ›

Types of Cryptocurrency Wallets
  • Mobile wallets. A mobile wallet is an app that runs and stores your private keys for your cryptocurrencies on your smartphone, allowing ease of access to pay for goods or services and trade and buy crypto with your phone. ...
  • Web wallets. ...
  • Desktop wallets. ...
  • Hardware wallets. ...
  • Physical media.
8 Nov 2022

How do I get crypto free $25? ›

How to get the $25 bonus? Your referrals have to stake CRO (Metal Visa Card Reservation) to unlock their sign-up bonus and for you to receive your referral bonus. They may purchase the CRO in-app via Credit/Debit Card, Crypto Wallet, or Bank Transfer.

Can I mine Bitcoin for free? ›

Can You Mine Bitcoin for Free? Although bitcoin mining software is free, there are tremendous costs involved in both hardware and electricity costs. The specialized mining hardware can cost between a few hundred dollars to $10,000. Mining equipment is also very power-hungry.

Which miner is most profitable? ›

#1) Antminer S19 Pro

The Antminer S19 Pro is the most profitable ASIC miner for Bitcoin and the SHA-256 algorithm for now.

Can I mine crypto on my phone? ›

Crypto mobile mining can be performed on iOS and Android systems via solo or pool mining services. Cryptocurrencies like Bitcoin (BTC) are created using a distributed computing process called mining.

How long will it take to mine 1 Bitcoin? ›

With today's difficulty rate but much more advanced systems, it may take a solo miner about 10 minutes to mine one bitcoin. The average rate for most miners, however, stands at 30 days.

Which crypto is easiest to mine? ›

Bitcoin is open-source and one of the best cryptocurrencies to mine with GPU. It uses peer to peer (P2P) technology that facilitates instant payments. This digital currency helps you make payments from your mobile easily.

Is mining crypto 2022 worth it? ›

Bitcoin mining is still extremely profitable in 2022. Bitcoin miners are currently mining around $20 million worth of Bitcoin per day. That's $600 million per month. A mining machine costs $2,000-$20,000, making it difficult for anyone but professional miners to mine.

Which GPU is best for mining? ›

  • NVIDIA GeForce RTX 3060 Ti. Best overall GPU for crypto mining. ...
  • AMD Radeon RX 6700 XT. Best runner-up GPU for crypto mining. ...
  • NVIDIA GeForce RTX 3090. Best GPU for mining performance. ...
  • NVIDIA GeForce RTX 2070. Best GPU for value crypto mining. ...
  • AMD Radeon RX 580. Best budget AMD GPU for crypto mining. ...
  • NVIDIA GeForce GTX 1660 SUPER.
27 Oct 2022

What is the cheapest way to turn crypto into cash? ›

Use an exchange to sell crypto

One of the easiest ways to cash out your cryptocurrency or Bitcoin is to use a centralized exchange such as Coinbase. Coinbase has an easy-to-use “buy/sell” button and you can choose which cryptocurrency you want to sell and the amount.

Which penny crypto has the most potential? ›

Here is a list of seven penny cryptocurrencies worth considering:
  • Dash 2 Trade – Best Penny Crypto for Tracking On-Chain Analytics.
  • Crypto Calvaria – Best Crypto With High P2E Potential.
  • IMPT – Best Green Penny.
  • Tamadoge – Most Successful Crypto that Pumped Since Listing.
  • Battle Infinity – Best for Exploring the Metaverse.
25 Oct 2022

When was Bitcoin worth $1? ›

Bitcoin broke $1 in April 2011, entering its first mini “bull run.” It rose by roughly 3,000% over the next three months and peaked between $29 and $32 (depending on the source) by June 2011. By November 2011, the price bottomed out again at $2. The following year was uneventful.

How much should I Invest in crypto as a beginner? ›

How much money do I need to start investing in cryptocurrency? In theory it takes only a few dollars to invest in cryptocurrency. Most crypto exchanges, for example, have a minimum trade that might be $5 or $10. Other crypto trading apps might have a minimum that's even lower.

What's the safest crypto app? ›

Two of the best options in terms of safety are Gemini and Coinbase, which are known for employing industry-leading security measures. If you're trying to figure out whether a specific cryptocurrency app is safe, research the security features it offers and check if it has been hacked before.

What is the safest crypto exchange? ›

We have picked Gemini as the crypto exchange with the best security because it has robust security protocols, insures user funds, and is SOC 2-certified.

Which coin is best to invest? ›

10 Best Cryptos to Invest in for Maximum Yield
  • Ethereum (ETH) – Decentralized blockchain with smart contract functionality.
  • Shiba Inu (SHIB) – An Ethereum-based meme coin.
  • Bitcoin (BTC) – First and widely recognized coin.
  • ApeCoin (APE) – Governance and utility token.
  • Uniswap (UNI) – A decentralized exchange protocol.
24 Nov 2022

What is the next big cryptocurrency to explode in 2022? ›

Below is a list of the next cryptocurrency to explode in 2022: Dash 2 Trade (D2T) - Overall Best Utility Token with Crypto Signals Set to Explode. RobotEra (TARO) - Top P2E Crypto in Newly Launched Presale. IMPT - Green Crypto Project Enabling Users to Reduce Carbon Footprint.

How do you know which cryptocurrency will go up? ›

Supply Is a Factor

Most cryptocurrencies have a pre-determined maximum supply. When that maximum is reached, typically through mining efforts, no new tokens will be produced. (See also: Only 20 Percent Of Total Bitcoins Remain To Be Mined.) If interest maintains while the supply is fixed, the price could go up.

Which crypto to buy now? ›

The Best Cryptocurrencies to Buy in 2022
  • Dash 2 Trade - Crypto Analytics Platform with Automated Trading.
  • RobotEra - Newly Launched P2E, NFT and Metaverse Crypto Presale Project.
  • IMPT - Best Crypto to Invest in with Earn Rewards for Burning Carbon Credits.
  • Calvaria - Popular P2E Game Token with Low Fees and High Bandwith.

How do you earn daily from cryptocurrency? ›

Buy and sell. Trading digital assets is how most traders make money with cryptocurrency. The idea is simple: you buy cryptocurrencies at a low price and then sell them after a short period. If you haven't started yet but are looking to try it out, you can check out Paxful for easy Bitcoin trading.

What are the 3 main cryptocurrencies? ›

Here's an overview of some of the most popular digital coins and how each is being used.
  • Bitcoin. Bitcoin is regarded as the first decentralized cryptocurrency using blockchain technology to facilitate payments and digital transactions. ...
  • Ether (Ethereum) ...
  • Tether. ...
  • Binance Coin. ...
  • USD Coin.

What are the 3 main types of crypto exchanges? ›

Like stock exchanges, crypto traders can buy, sell, and convert cryptocurrencies on crypto exchanges. There are currently three types of cryptocurrency exchanges—centralised exchanges (CEXs), decentralised exchanges (DEX) and hybrid exchanges (HEX).

Do crypto wallets make money? ›

Many blockchain and crypto wallet downloads are offered for free, and most don't charge anything if you're just storing your crypto assets. However, some make money by charging users for certain transactions, crypto staking, and consulting work.

How do I cash out my shiba inu Coinbase wallet? ›

From the Coinbase mobile app:

Tap Sell on the Home tab. Select the asset you want to sell and enter the amount. Tap Preview sell > Sell now to complete this action.

Which wallet is best for Bitcoin? ›

5) Coinbase Wallet – Best Wallet for Beginners

Coinbase is a hot crypto wallet that can sell, transfer, buy, and store digital currencies. You can store all your NFTs and crypto coins in one place in Coinbase Wallet.

Which crypto app gives signup bonus? › - $10 offers a range of offerings for new users, including coin discounts and rebate options. And it also has a nice crypto bonus offer for new account holders. New users can receive a $10 sign-up bonus when they stake in 1,000 CRO as first stake.

Which crypto gives free coins? ›

Free Crypto Earning Platforms
  • Coinbase.
  • Freecash.
  • CoinMarketCap.
  • Coin Hunt World.
  • Crypto PopCoin.
  • Brave Rewards.
  • Lunr.
  • Presearch.

How do I claim my crypto bonus? ›

Go to
For existing App Users:
  1. Click on “Continue as App user”
  2. Confirm your registered App Email and click “Submit”
  3. Check your registered email inbox for a confirmation link.
  4. Open link to confirm your details including a textbox for Referral ID.

How long does it take to mine 1 Bitcoin for free? ›

How long does it take to mine one Bitcoin? It takes around 10 minutes to mine just one Bitcoin, though this is with ideal hardware and software, which isn't always affordable and only a few users can boast the luxury of. More commonly and reasonably, most users can mine a Bitcoin in 30 days.

Can you mine 1 Bitcoin by yourself? ›

If you opt to mine solo, the minimum reward you can get if you successfully mine a block is 6.25 BTC. If you are just beginning, the best option for you would be to mine within a pool and receive small returns that would add up to 1 BTC.

How many bitcoins are left? ›

How Many Bitcoins Are There Now in Circulation?
Total BTC in Existence19,219,825
Bitcoins Left to Be Mined1,780,175.0
% of Bitcoins Issued91.523%
New Bitcoins per Day900
Mined Bitcoin Blocks765,172

What app gives you free money? ›

My favorite cash back apps are Upside, Drop, Ibotta, Fetch Rewards and Dosh. Apps like Dosh, Drop, and Upside even work automatically with no receipt scanning or anything else, once you link a credit card.

How can I make $100 a day on the Internet? ›

Genuine and Creative Ways to Make $100 Dollars a Day Online
  1. Paid Surveys. ...
  2. Freelance Writing. ...
  3. Write Sponsored Posts. ...
  4. Coaching and Consultation. ...
  5. Write an Ebook or Sell Another Type of Digital Product. ...
  6. Google AdSense (You'll need a website – but you can make $100 dollars a day) ...
  7. Create Online Courses.
3 days ago

What tools are needed to mine crypto? ›

You'll need a cryptocurrency wallet, mining software, and mining hardware to begin mining cryptocurrency. The equipment you need can be very expensive; however, the more you pay for equipment, the more profitable it can be.

What is the most useful crypto? ›

Monero (XMR)

At a price of $210, Monero is considered the best cryptocurrency when it comes to maintaining privacy and confidentiality. As the demand for confidential currency is at an all-time high, this privacy-centric digital asset is also offering incredibly fast and inexpensive payments.

What are crypto trading tools? ›

The best crypto research tools for traders and investors.
  • Total Locked Value (TVL) - Defi Llama. ...
  • Advanced trading charts with technical indicators - Cointree. ...
  • Bullish or bearish signals - Into The Block. ...
  • Top portfolios - Cointree. ...
  • Live market intel - Chainalysis. ...
  • Cryptocurrency prices in AUD - Cointree.

What are the top 5 crypto apps? ›

Top 10 Bitcoin and Cryptocurrency Exchanges
  • Gemini.
  • Uphold.
  • Coinbase.
  • Binance.
  • Kraken.
  • Bitstamp.
  • eToro.
  • Bitcoin IRA.
18 Nov 2022

How long does it take to mine 1 Bitcoin? ›

It takes around 10 minutes to mine just one Bitcoin, though this is with ideal hardware and software, which isn't always affordable and only a few users can boast the luxury of. More commonly and reasonably, most users can mine a Bitcoin in 30 days.

Is crypto mining legal? ›

Is bitcoin mining legal? According to TheStreet, reporting on a November 2021 Law Library of Congress report, bitcoin mining is banned in various countries, such as Bangladesh, China, Egypt, Iraq, Morocco, Nepal, Qatar, and more. However, it is legal in the US, and most countries, but not all US states allow the same.

Can I learn crypto trading for free? ›

The Introduction to Cryptocurrency free course explores the basics of cryptocurrency, its features and the different virtual currencies. By the end of the course, you will have a thorough understanding of blockchain, NFT, Solana, Shiba Inu Coin and Bitcoin.

Is trading crypto a skill? ›

Trading in any asset, including crypto, requires the development of various skills. Some of those skills include managing risk, developing trading plans, and evaluating your results. Other skills are less concrete.

What is the best crypto app with no fees? ›

Here's a more detailed look at some of the best no-fee exchanges:
  • Phemex. Founded in 2019, Phemex is a relatively young cryptocurrency trading exchange for buying/selling digital assets with a simple and intuitive user interface. ...
  • KuCoin. ...
  • Digitex. ...
  • Lykke. ...

What is the best beginner crypto app? ›

Best Mobile App

We chose as the best mobile crypto exchange app because it provides an extensive digital asset trading and investing ecosystem you can access easily from your smartphone.

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