Real Time Crypto Tracking: FiatLeak

Fiatleak: Data Is King

The year 2020 has been challenging to people across the globe, primarily due to the ongoing coronavirus pandemic. Many people have been disadvantaged, but the situation also yielded some benefits. For instance, the pandemic may have wreaked havoc on the money markets and many industries. Still, it also pushed many people to seek alternative investment opportunities, especially in the cryptocurrency industry.

Many people have started trading cryptocurrencies and investing in alternative investment options. The transition and increased interest in the crypto space undoubtedly caused an overall bullish performance in the cryptocurrency market. Digital coins such as Bitcoin are reaching highs that were previously realized in late 2017 or early 2018. Meanwhile, the increasing interest in crypto trading presents the need for platforms that offer a wide range of data to help traders make more sense of the market, thus making better investment decisions.

A god’s eye view of the market

Many ingredients are required to achieve success as a crypto trader, and the same applies to other types of investments. Information is a trader's shield and sword, allowing them to attack when they find potentially viable opportunities and also allowing them to protect themselves from dangerous market setups. Imagine if you had such a platform with cryptocurrencies where you could access all the vital market information.

Enter Fiatleak, a platform designed to offer all the information that a trader needs to trade cryptocurrencies successfully. The platform was designed to provide as much information about the crypto market as possible, and it can best be viewed as platform that goes the extra mile.

The interface

Fiatleak provides the charts and data and curates them accurately and fast enough to show where transactions are taking place on a map. The platform's homepage shows a map, a list of many cryptocurrencies, and transaction data, which is likely collected using blockchain technology. It provides access to real-time data as trades happen within seconds. The live data also indicates the transactional value, which means that it shows each transaction in real-time and how much money is involved in each transaction.

The interface also shows price performance data for many cryptocurrencies, including bullish and bearish data, as well as percentage price changes. The interface provides information that allows traders to understand the market position at any given point so they can potentially make better-informed investment decision.

The interface also features a section where you can preset your preferences, which is ideal, especially if you want to focus on particular digital coins. For example, you can select which exchanges will provide the data feed and cryptocurrencies to put on your watchlist. It also offers customization options through which one can change can customize the watchlist to their preferred cryptocurrency and fiat currency configuration.

Crypto news

Another vital part of Fileleak is its extensive news segment, which provides crypto traders to see what is happening in the cryptocurrency market. The news segment is regularly updated with news of the latest events and activities that may give insights into potential price direction. Many successful traders rely on a mix of technical and fundamental analysis to achieve success. The same recipe also works in the cryptocurrency market.

Positive news may cause a bullish performance in a particular cryptocurrency, while negative news may trigger a bearish performance. Fileleak takes this into account, which is why the platform offers timely news feeds that allow traders to act quickly. Speed is also a vital part of trading success, and executing trades on a timely basis increases traders' success factor. Very few trading platforms can achieve this, and as such, Fileleak offers a substantial advantage to crypto traders, making it quite appealing.

No login

One of the interesting observations that we noted was that Fileleak is absolutely free. It does not feature a login, and it is entirely free. This is an unusual approach considering that many platforms, including those designed to assist traders usually have login options and premium features. If the information is free, then how does the platform make money?

The platform's creators wanted to provide a service that would help crypto traders achieve success, and the platform owners felt that charging subscription fees did not seem right. They decided to offer it for free, but they still need funds to maintain the features and bring more features onboard. The platform offers links to merchandise that users can purchase to support the platform's maintenance and new features. You will see the merchandise as you scroll down the platform with links to Amazon, where you can place an order. They will ship the merchandise to you for free, and the proceeds will be used to fund the development of new features to be added to the platform.

Fileleak is not an investment platform

The people who made the platform did not want to add complexity to their offering, so they made sure that it was an information platform instead of an investment platform. You cannot invest directly through it, thus the absence of buying or selling features. The platform provides a disclaimer that the content is not to be used as a basis for investment decisions but for entertainment purposes. However, the data on the platform, such as the cryptocurrency prices appears to be accurate. The disclaimer might be a means of ensuring that people do not blame the platform for any losses despite its accuracy.

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