A watchlist is a simple but useful feature for anyone following several financial instruments.
Instead of repeatedly searching for the same assets, users can add instruments they want to monitor to a dedicated list.
For example, a trader researching several markets could keep separate groups for:
Cryptocurrency assets
Currency pairs
Stocks
Commodities
Market indices
A watchlist does not mean that every asset on it needs to be traded. It can simply function as a research tool.
Keeping a smaller selection of assets under observation may also help users avoid becoming distracted by every price movement happening across the market.