Importance of Cryptocurrency Market Research and Price Tracking
When it comes to cryptocurrency there is arguably nothing more important than doing your own research. This is easier said than done because there is a lot of information available online, and it can be really hard to figure out what is real and what is fake. Research will help you find which cryptocurrencies to buy and which ones to stay away from. It will also make is easier to figure out when to buy and when to sell.
There are many websites which help you remain up to date with latest prices, news and trends in cryptocurrency market. We recommend the following websites for tracking cryptocurrency prices.
- 2. CoinBase.com
- 4. CoinDesk.com
How does Web Scraping help in Cryptocurrency Market Research?
Web Scraping can be used to download cryptocurrency market data displayed by websites like CoinMarketCap and CoinGecko. Both live and historical data of various currencies can be scraped from multiple websites. This data can be saved locally as an Excel file. You can then easily analyze this data in table or chart/graph format.
Web Scraping software allows you to periodically scrape this data to your computer without any manual interaction. This automation provides you the latest market data in your Excel file, ready for analysis. No time is wasted in collecting the data from various sources.
Which Web Scraping software to use to get Crypto Market Data?
If you are a developer (or if you can hire a developer) you should be able to develop your own custom web scraper using languages like Python to easily scrape the required data.
The simpler and easier way it to use any generic web scraping software to perform this task. You can find a list of various web scraping tools by following this link.
In this article we are going to use WebHarvy to scrape crypto price data from various websites. WebHarvy is a visual web scraping software which can be used to scrape data from any website. WebHarvy is very easy to use and allows you to select data to scrape using simple mouse clicks.
Scraping Crypto Live Prices from CoinMarketCap.com
CoinMarketCap is one of the most referenced, price-tracking websites for cryptocurrencies. It provides unbiased, high quality and accurate information using which retail crypto investors can draw their own investment decisions.
Crypto market data like price, Market Cap, Fully Diluted Market Cap, Volume, Circulating Supply, historical data, news, estimates etc. can be scraped using WebHarvy.
As shown in the video WebHarvy allows you to select all required data via a simple point and click interface.
Web Scraping CoinGecko website
CoinGecko is another popular cryptocurrency data aggregator website with over 6000 different crypto assets tracked across more than 400 exchanges.
The following video shows how WebHarvy can be used to scrape crypto market data from CoinGecko website
As in the case of CoinMarketCap website, all details which you need can be selected and scraped using simple mouse clicks.
Scraping Crypto Market Data from CoinToBuy website
CoinToBuy is an online crypto analysis tool which provides users with coin rankings and other market data. The following video shows how WebHarvy can be used to scrape crypto market data from CoinToBuy website
With WebHarvy, you can build your own crypto price tracker. We recommend that you download and try the free evaluation version of WebHarvy. To get started please refer this guide.
If you have any questions or need assistance in configuring WebHarvy for your crypto scraping requirements please do not hesitate to reach out to our technical support team.