Deftify

https://www.startus.cc/company/deftify

30 N Gould St Ste R Sheridan

sheridan city, PE 82801

Canada

Website

https://twitter.com/Deftify_

General information:

Deftify is a blockchain analytics platform that focuses on helping enthusiasts and newbies research and learn about new and existing blockchains, DeFi and NFT markets for informed trading and investment decisions.

Deftify Analytics Tool is live (Beta)

Company information:

Company type:

Startup

Industry:

Financial Services, Startup Services

Founded when:

Saturday, 1 January, 2022

Startup stage:

Development and Testing stage

Funding needs:

Series A funding

Types of jobs in the company:

Finance

Total numbers of employees:

Products and Services:

Crypto and DeFi Analytics

Product category:

#cryptocurrencies

Whether you are a day trader or long-term HODL-ers, our tools are designed to help you make more informed and more confidence decision. Use Deftify to do your due dilligence before you trade BTC, ETH, or other cryptocurrencies.

Impressions:

FAQ:

What is first version of Deftify beta all about?

This is our Crypto and DeFi Analytics Tool. The dashboard shows you a couple of different things. On the top, you will see DeFi TVL, while on the top-right section, you will see the news section. Below the DeFi TVL, you will see Spotlight which shows price changes, market cap, and trade volumes for all the top cryptocurrencies. You can also search for a particular asset using the top search bar. Once you click the particular asset (e.g. BTC) you will see the research section of the crypto asset like this: We also have the hot pair section, where you can see all the live pairs from the DEX-es: And if you want to expand the spotlight section, you can check the left sidebar, and click on “All Tokens” Check https://beta.deftify.io

How to use On-Chain data to your advantage

One of the most commonly used on-chain analysis is exchange flows. It refers to cryptocurrency inflows and outflows from/to certain centralized exchanges (CEX-es). CryptoQuant charting tool is pretty good to check exchange inflows from all the popular and mid-tier CEX-es. Take a look at the below chart (Bitcoin’s exchange inflows – all exchanges) Read More: https://blog.deftify.io/how-to-use-on-chain-data-to-your-advantage/

What Is Shorting – Crypto Futures and CFDs

Shorting the market didn’t begin with crypto. We got the terms “long” and “short” from the traditional financial market, way before crypto. Long means you bet the price will go up in the future while short means you bet the price will go down in the future. Shorting is possible in CFDs (contract for differences), futures, and other derivatives products. You may be wondering how is it possible to make money from shorting? Read More: https://blog.deftify.io/what-is-shorting-in-crypto/

How to Read Candlestick Chart Patterns

Most modern trading tools usually show the bullish candle with green color and the bearish candle with red color, just like in the above image. You might see different colors on several different trading platforms (e.g. transparent or white on bullish candles and black on bearish candles), but the standard nowadays is green for bullish and red for bearish. Read More: https://blog.deftify.io/how-to-read-candlestick-chart-patterns/