CDS CDS Wiki PooCoin Review-2023
CDS Wiki

PooCoin Review-2023

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PooCoin Review
PooCoin Review

PooCoin is a DeFi suite that offers many features, such as DEX, trading charts, liquidity tracking, wallet tracking, etc., to an average of 10 million users per month. It has the highest user traffic in the world and is one of the analytics platforms supporting Binance Smart Chain, Polygon (MATIC), and KuChain (KCC) ecosystems at the time of writing.

PooCoin Review-2023

PooCoin Review

PooCoin is one of the world’s top DeFi analytics websites, with approximately 10 million visitors every month. Thanks to this platform, millions of crypto users can perform deep research and DeFi analysis on tokens on BNB Chain, Polygon, and KuCoin Chain. The website indexes all token contracts on these networks and allows users to track transactions on a token in real-time. This includes current trades, top buyers and sellers, market capitalization, liquidity, and fees.

The Emergence of PooCoin

With the advent of DeFi, decentralized exchanges (DEXs) have become very popular for token trading. Despite this popularity, users or traders were not able to track purchases and sales on DEXs as they could on centralized exchanges. For this reason, there was a need for a tool that monitors activity on DEXs and offers users the same experience of using a centralized exchange. PooCoin is a service that has emerged in response to this need.

When the DeFi analytics platform was first launched, it was introduced as an analytics tool for Pancakeswap. Over time, PooCoin, the largest and most liquid DEX on the Binance Smartchain, began supporting more blockchains such as Polygon and KuCoin Chain and continues to add more platforms as their user base demands.

Key Features of the PooCoin App

PooCoin offers the crypto community a DeFi analytics suite for tokens on the BNB Chain, Polygon, and KuCoin Chain, where users can conduct in-depth research. The platform basically has five prominent features. These include PooCoin Charting, Multi Chart functionality, Token Swap Widget, Wallet Tracking, and the Telegram Price Bot.

PooCoin Charting

PooCoin Review

Poo Charts is the most important and popular feature of this platform. With these charts, users can analyze the trading activity of a token. PooCoin integrates the basic analytics of the BSCscan block explorer, which allows it to show the real-time price and transactions of any token. Most tokens are usually paired with BNB (on the BSC network). This means that token prices are displayed relative to BNB.

Multi-Chart

Another feature of the platform is the multi-chart, which allows users to track the candle movements of one token while simultaneously tracking up to nine other tokens. With the ability to track up to 9 tokens on a single screen, this feature saves users from having to open nine separate tabs, which is a godsend, especially for those who follow two or three interconnected pairs.

Token Swap Widget

The platform makes it easier for DeFi traders to buy their tokens while viewing the chart. Users wouldn’t need to refer to any DEX as they can readily swap their tokens on PooCoin. Traders can swap any token they want to except tokens with closed liquidity.

Wallet Tracking

PooCoin reveals the total balance in a user’s wallet in the value of USD. Sometimes users might receive some scam tokens as airdrops which could value up to $1000. If a user didn’t purchase such a token, it is advisable to ignore it, as that could be a dusting attack.

Telegram Price Bots

Today, Telegram is a social platform that has become a meeting point for DeFi analysts and the crypto community. For this reason, PooCoin’s free price bots allow users to track the prices of tokens on blockchains supported by the platform via Telegram.

PooCoin Review

PooCoin Premium

Although most of the platform is free, the platform has reserved some of its features for premium users. The premium area is divided into levels, and users who want to gain minimum access must purchase and hold $100 worth of POOCOIN/BNB LP.

SOURCE

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Written by
Burak DANACI

The author focused on financial markets after graduating from Anadolu University, Department of Economics. After meeting with blockchain technology in 2019, he produces content on youtube and twitter in this field.

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