RATE Group | Coinbase lets you copy its top cryptocurrency traders with new tool
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Coinbase lets you copy its top cryptocurrency traders with new tool

18 Jul Coinbase lets you copy its top cryptocurrency traders with new tool

Posted at 16:50h in Cryptocurrency News by

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Coinbase has today launched a tool that enables users to see information based on the activity of its top traders. 

As part of the new launch, customers will see the anonymized data of the top 10 percent of users and can use the information to create their own cryptocurrency investment strategy.

Data points will include top holder activity of each asset traded, the median number of days different assets stay in a customer account, the popularity of an asset, and asset price correlation, which will measure the extent to which cryptocurrency values have moved in relation to each other. 

“These new signals, which are in addition to the typical market data we already provide, will power a deeper understanding and comparison of cryptocurrencies and their communities so Coinbase customers can think beyond price when building their crypto portfolio,” Coinbase said in a blog post.