APE TOOLS: THE DISRUPTIVE PRICE CHARTING TOOL ON BINANCE SMART CHAIN

in #apetools3 years ago

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Binance Smart Chain is popular for many reasons. It is popular because of the speed of processing transactions. Ideally, it takes about 3 seconds to complete a block time on BSC, as opposed to the 30 seconds per block time on the Ethereum blockchain.

The Binance Smart Chain is also relied on for cost-effective transactions. Those and many more reasons are why smart cryptocurrency investors prefer to use BSC for their trades.

THE MISSING FACTOR
However, some important features are missing from the BSC ecosystem. As much as Decentralized Exchanges (DEXs) are increasingly becoming popular on BSC, that doesn’t mean that the exchanges have all the tools they would need to thrive.

For example, there is no price charting tool on most of these Decentralized Exchanges. The pricing tool could have helped the traders to find out about the liquidity, as well as the price actions of the cryptocurrencies they want to trade.

THE REMEDY
A better way to remedy the absence of a price charting tool on DEXs is to create one. That is why we have a seemingly viable solution on Ape Tools.

In this article, you will learn more about the disruptive tendencies of the Ape Tools price charting tool.

ADVANTAGES

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Here are some of the advantages or Unique Selling Points (USPs) of the Ape Tools price charting tool:

1- PRICE ACTION
Do you want to find out the current price or value of your favorite crypto asset? It may not be easy, considering that Decentralized Exchanges (DEXs) are not designed to include Order Books.

Besides, there are no charts for you to make some technical analyses before trading.

That, however, led to the creation of the price action mechanism on Ape Tools. The prices and last transactions made on specific crypto assets would be aggregated and made available to Ape Tools users because of the APIs that would be connected to the liquidity pools.

2- ALL-AROUND COVERAGE
Ape Tools is also designed to cover most of the projects that have been launched on the Binance Smart Chain (BSC). At the core of this are the Decentralized Exchanges (DEXs)/Automated Market Makers (AMMs), which would be tracked and analyzed.

Some of the liquidity pools and farms to be covered by Ape Tools include but are not limited to:

  • PancakeSwap
  • ApeSwap
  • BakerySwap

Those are some of the successful AMMs that use the Binance Smart Chain (BSC). Therefore, Ape Tools would collaborate with these Decentralized Exchanges (DEXs) so that cryptocurrency price data can be collated and analyzed from those DEXs.

3- PRICE ALERTS FEATURE
Ape Tools also includes a price alerts feature. This feature is designed to notify the investors of the current price of the crypto assets they may be interested to invest in.

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CHARTING THE WAY FOR FUTURE CRYPTOCURRENCY INVESTMENTS
Ape Tools is charting the way for future cryptocurrency investments. A successful cryptocurrency trader leverages a wide range of data sources to make informed trading decisions.

Ape Tools wants you to become a successful and informed cryptocurrency trader. That is why it empowers you with the innovative pricing tool so you will be the first to know when the value/price of crypto-asset spikes or decreases.

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USEFUL LINKS:
● Website: https://www.apetools.co
● Twitter: https://twitter.com/ape_tools
● Medium: https://ape-tools.medium.com/
● Telegram: https://t.me/ apetools_chat

AUTHOR’S DETAILS
Bitcointalk Username: Annamike
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767339;sa=summary

Wallet Address: 0x2f8c635F6472a1BFfbE9797F29326a2cff5B8284

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