Here we have gathered information about the most popular cryptocurrency portfolio trackers in the world and a few recommendations on how to choose the best one for you. Below you will find the top 6 of the best trackers.
- What is a portfolio tracker?
- Is it free?
- Available cryptocurrencies and exchanges
- Top 6 trackers
What is a portfolio tracker?
A portfolio tracker is a mobile or desktop application, that gives the user the ability to track his investments, which is really important in the world of crypto. It seems that simple a sheet of paper or Excel spreadsheets can do just fine for that. Perhaps, if we are talking about two-three currencies tops – that’s fine. If you hodl much more, that’s going to be a bit of a problem. Especially because of extraordinary volatility.
For cryptocurrency investors, a portfolio is really necessary because it helps them to monitor their portfolios in real time and reduce investment risks. For professional traders, portfolio trackers also perform another important function – they help to confirm the results of trading, which they declare in the proposals to investors. If you think you need a special tracking app, try to figure out what specific functions you require.
Is it free?
Price plays a big role here. Although major trackers are free or have a trial option for newbies, premium functions are available only after payment. Anyway, most trackers on this growing market of crypto investments are free, you can test them first and then choose the one you like.
As for any other crypto storage services safety is very important for any portfolio tracker. Especially if it has a direct connection with exchanges and wallets. Hackers can find vulnerabilities, steal cryptocurrency and the user has no way to get it back. Anyway, if you start a court trial, you need a lot of time and resources to prove that the crypto really belongs to you. So it’s better to choose a decent tracker to steer clear of possible trouble like that.
Probably the most important thing in any mobile app today is user-friendly interface. Also this rule works for cryptocurrency portfolio trackers as well. It must correctly display all crypto assets, react to price changes and show the total value of your portfolio.
Available cryptocurrencies and exchanges
Some investors, that are not only interested in bitcoin, need all altcoins to be in the same app. So, a portfolio tracker must integrate as many cryptocurrencies as possible. Another important thing is the ability to track accounts on different wallets and exchanges.
As a result of extreme volatility speed of portfolio tracker is very important in crypto. In some cases the price of cryptocurrency can change by as much as 20% within just minutes. So you need really flexible software to track price fluctuations. Having a mobile app is the most effective here.
Top 6 trackers
We collected here Top 6 of these applications. Please, read our review and make you choice.
Probably the most popular app and it’s entirely free. Comfortable and useful for newbies and experienced traders too. It’s a good software for tracking your investments in crypto. Blockfolio has more than 8000 cryptocurrencies and 300 exchanges in their database, also it’s free. On the security side it has 2FA verification and cryptography. In order to keep track of prices and perform trades at the right time, you can set up notifications to change the prices of the cryptocurrency you are interested in. For example, you want to play on the Bitcoin price increase and wait for it to break the $11,000 mark. No problem: mind your own business, and when that happens, you’ll know it with a notification.
The usabillity of Blockfolio is also great – it’s flexible, easy renewable and has comfortable user interface. However, given that many traders still trade from their computers, the lack of a desktop version is not very good for this application. And also in Blockfolio you can’t trade only track.
CryptoCompare is a website, analog of Coinmarketcap. It also has a cryptocurrency portfolio tracker. There is a special news section on the site for making trading decisions on them. Also this site has guides for mining, reviews about wallets and exchanges. CryptoCompare has special soft, that allows you to sort coins into several portfolios. It is convenient, for example, if you are in a short position in one group of assets and in a long position in another group of assets.
In addition to the website, CryptoCompare offers its users a free mobile application that is currently under development. With its help you will be able to work with charts and graphs that indicate changes in your portfolio over time. Probably the main advantage of this service is free functionality and a lot of useful information, and the only disadvantage is the advertising on the site.
Delta is one of the major competitors for Blockfolio, it has android and iOS application and good design with night mode included. This portfolio tracker integrated about 2000 coins and connected to 7 exchanges. Also Delta has additional features: easy access to graphs by a few clicks and the opportunity to monitor price changes on exchanges in real time. The latter option, as well as data import from all exchanges refers to the paid functionality and has paid access to $ 70 for android users.
KryptoGraphe differs from most of its analogues in the availability of individual recommendations and the ability to follow the news on selected coins. The application has a free version, as well as paid Premium and Gold for $4.99 and $69.99 respectively subscriptions.
KryptoGraphe as cryptocurrency portfolio tracker is unique, because it displays not total value of your cryptocurrencies, but also the difference between you and other investors with the same carital or cryptocurrency. Gold edition allows you to synchronize with the application any number of exchange accounts, free version allows only 2. Also among the advantages of this application is a well-designed and convenient user interface.
Coinstats is one more popular app, that is available for iOS, Android and Mac OS. It has a simple, in comparison with its analogues, but developed functionality. In particular, it gives access to 1800 coins and 80 exchanges, can import exchange portfolio from more than 30 exchanges. It also has a news aggregator.
This service works through the website, but also develops an application for android and iOS. Unfortunately, so far they have truncated functionality, and the UX site leaves much to be desired. But it is possible to import data from more than 50 exchanges and 6 wallets. Free tariff allows you to conduct only 100 trades, and access to the advanced functionality costs $65 at the Pro tariff and $1090 at the unlimited tariff. But this application has unique features: analysis of bitcoin price and forecast of its movement, as well as the service for payment of taxes. Coin Tracking gives you the opportunity to report on your profits or losses from cryptocurrency operations, for this service creates special tables. In addition, it helps to find out which cryptocurrencies are not taxed to submit a report.
Many different portfolio tracker apps are at the disposal of investors and traders. These applications are really convenient and allow to optimize accounting and interaction with cryptographic assets, but still require the user to work independently with dozens of exchanges and wallets. TokenPlace is developing portfolio tracker, which will be integrated into our trading terminal. We will give our users the opportunity to manage all their exchange accounts in one window and simultaneously monitor the portfolio with our tracking functionality.