2023
~152 words, 1 min read
CrypTools is a web application that allows users to build and track index in crpytocurrencies. With more than 3000 cryptocurrencies in the market, it is hard to keep track of all the coins. Cryptools group coins and projects by sectors and allow users to track the performance of the sectors. It also include other tools such as Price Impact or Tick 2 Win. Price Impact is an indicator that shows the absence of price impact of big trades. Tick 2 Win is a simple table to calculate the relationship between the price of a coin and the number of ticks it has to move (excluding crossing the spread) to beat fees.