An introduction on tradingview and its history

TradingView Overview

TradingView is a web-based platform that offers financial market charts, including those for cryptocurrencies, to its clients and users. Learning how to use TradingView is quite straightforward. For beginners, mastering the platform can be a significant step toward starting their journey in technical analysis of cryptocurrencies. Besides analyzing charts, users can share or teach their trading strategies.

TradingView is a powerful tool for individuals of varying experience levels, from novices to seasoned traders, for conducting technical analysis in cryptocurrency trading. The free features of TradingView largely meet the needs of traders, especially beginners. However, while exploring TradingView and reviewing the opinions of other traders, it’s crucial to utilize insights and analyses that support your strategy and filter out unnecessary information. Additionally, avoid blindly following others!

Introduction to TradingView

For traders who are passionate about technical analysis, having a robust chart analysis tool is essential. TradingView is a suitable option for both beginners and experienced users. This platform provides various charting and trading services, along with a free membership option. Let’s be honest… not everyone requires or can afford a Bloomberg Terminal.

If you've traded on Binance, you may have noticed that this exchange provides access to TradingView tools. The array of tools available for analyzing cryptocurrency price charts on this site can be overwhelming without proper training. Read this article to gain the necessary knowledge to use TradingView effectively, particularly if you’re a beginner.

What Does TradingView Do?

TradingView is a platform that allows users to customize technical indicators, create charts, and analyze financial assets. These indicators include patterns, lines, and shapes used by millions of traders daily. TradingView is entirely web-based, so there's no need to download software. However, if you prefer using a mobile app, you can download the iOS and Android versions.

Founded in 2011 in Westerville, Ohio, TradingView now boasts a large user base, with over eight million accounts created in 2020 alone. Users can view and analyze price charts for countless stocks, commodities, and cryptocurrencies like Bitcoin. Both free and paid options are available. You can share your analyses, findings, and educational recommendations on the TradingView social network, allowing you to improve your skills through feedback from others.

Company Background

TradingView is also a social media network, analysis platform, and mobile app for traders and investors. Founded in 2011, it has offices in New York and London. As of 2020, it ranked among the top 130 websites globally according to Alexa.

TradingView was established by Konstantin Ivanov (CTO), Denis Globa (CEO), and Stan Bokov (COO). The platform aims to help users worldwide better understand financial markets by facilitating open discussions around investment ideas. In the summer of 2013, TradingView was selected for the Techstars startup accelerator, leading to contracts with Microsoft and CME. The company later secured $3.6 million in funding from iTech Capital and other investors. In May 2018, it closed another investment round for $37 million, led by Insight Venture Partners and others, acquiring TradeIT. By October 2021, TradingView was valued at $3 billion and attracted an additional $298 million from investors, including Tiger Global Management.