How To Choose The Best Crypto Portfolio Tracker
Explore the variety and find the best cryptocurrency portfolio tracker for you in 2024 that could help manage your investments effectively.
Against the backdrop of a recent surge in Bitcoin, many investors may be thinking about how to effectively manage their investments. Whether you’re a seasoned trader or just stepping into the world of crypto, keeping track of your portfolio is crucial for making informed decisions.
As a result, with the evolution of technology, crypto portfolio trackers have emerged as promising tools for investors.
Understanding crypto portfolio trackers
Crypto portfolio tracker apps monitor transaction history, live cryptocurrency prices, and investment changes. They offer real-time tracking and secure storage of assets, providing users with valuable insights into their portfolios. But with so many options available, how can crypto investors choose the best crypto portfolio tracker for their needs?
Choosing the best crypto investment tracker
Selecting the best app to track a crypto portfolio involves considering several key factors.
- Price monitoring: Real-time price monitoring, portfolio performance analysis, and access to historical data are foundational elements for effective asset management and may be some of the first factors users consider when looking at crypto trackers.
- Advanced features: These can include news alerts, and risk analysis tools can provide deeper insights into market trends and potential risks.
- Security: It may be worth prioritizing trackers with robust security measures, including encryption protocols and two-factor authentication. These safeguards can help protect assets from unauthorized access and potential threats.
- Cost: Investors should take stock of the cost structures of different trackers to ensure they align with their budget as well as contain all the features they require for effective asset management.
- Compatibility with exchanges: Users should also verify their chosen tracker is supported by their preferred trading platforms and exchanges.
- Good user experience: A tracker with an intuitive user interface and seamless user experience can simplify the tracking process across various electronic devices. This may include responsive customer support that can promptly address any queries or concerns.
- Customizable alerts and notifications: These inform users of price fluctuations and market developments, enabling timely decision-making. In addition, they may want to consider crypto investment trackers that provide comprehensive reporting and analytics tools to gain deeper insights into your portfolio’s performance.
Top 7 crypto portfolio trackers to consider
Now, let’s dive into some of the best cryptocurrency tracking software.
CoinMarketCap
Founded in 2013, CoinMarketCap has become a globally trusted platform for tracking crypto prices and investments.
Whether investors are adding their holdings manually or importing them from wallets, CoinMarketCap enables them to track their portfolio’s performance over various timeframes, including seven-day and 30-day periods.
With its reach extending to over 10,000 cryptocurrencies from more than 400 exchanges worldwide, the platform keeps users in the loop with real-time market data, covering everything from prices and market caps to trading volumes and pairs.
It also lets users explore historical data and charts for each cryptocurrency, allowing them to make more informed decisions.
PROS | CONS |
Tracks over 10,000 cryptocurrencies | Limited functionality compared to premium portfolio trackers |
Gives access to historical data and charts for thorough analysis | No direct application programming interface (API) connection with exchanges and wallets |
Gives insights into 24-hour trading volumes, liquidity, and more | Manual data entry may be time-consuming and prone to errors |
Allows users to create personalized watch lists tailored to their interests. | Has multiple ads, which may negatively affect user experience |
Offers crypto market news and analysis | |
Gives access to educational resources suitable for both beginners and advanced investors | |
Offers multilingual support for global accessibility |
CoinStats
CoinStats offers real-time insights into over 20,000 cryptocurrencies and connects to more than 300 wallets and exchanges. It also allows users to track and manage their decentralized finance (defi) investments in more than 1,000 protocols spread across tens of chains.
By supporting multiple wallets and exchanges through API keys, CoinStats offers a consolidated view of entire crypto portfolios, accessible on desktop and mobile devices.
It also features robust analytics, with charts displaying asset and portfolio growth, heatmaps for quick profit and loss assessment, and detailed sections revealing information pertinent for those who want to track crypto investments like the most profitable coins and top-performing exchanges.
While CoinStats doesn’t offer a free tier, it provides a seven-day free trial for users to explore its features before committing to a subscription.
The free plan allows tracking up to 1,000 transactions, while the premium plan, currently priced at $15.99 per month, lets users connect to an unlimited number of portfolios and track up to 1,000,000 transactions. It also offers advanced features and an ad-free experience.
PROS | CONS |
Compatible with many major cryptocurrency platforms | Some features are only available for paid tariff plans |
Offers unlimited connected portfolios | Only 10 connected portfolios in the free plan |
Allows for tracking of as many as a million transactions | Tracking only 1000 transactions in the free plan |
Provides real-time price alerts and extended portfolio statistics | |
Enables users to manage all their defi and NFTs | |
Has a user-friendly interface for asset management | |
Provides an ad-free experience |
Kubera
Kubera is a versatile online crypto portfolio tracker tailored to manage various assets, including cryptocurrencies and non-fungible tokens (NFTs). It styles itself as more than a cryptocurrency portfolio tracker app, as it encompasses connectivity to banks, brokerages, and investment accounts of more than 20,000 financial institutions worldwide.
Kubera provides personalized plans starting at $150 per year. With API import functionality for crypto transactions, the platform ensures flexibility by enabling manual entries for unlisted exchanges.
Visualizing portfolio composition through intuitive pie charts, Kubera also offers a clear overview, highlighting the percentage share of each asset.
The crypto investment tracker offers a 14-day trial for just $1 for those curious about its offerings. This practice apparently discourages freeloaders, allowing users to explore its features before subscribing.
PROS | CONS |
Offers comprehensive tracking of crypto and defi assets and traditional bank accounts, stocks, and physical assets in one place. | No free plan is available. |
Provides real-time tracking and updates on crypto prices | Limited exchange and wallet support. |
Provides detailed analysis of portfolio performance, including profits or losses made. |
Delta Investment Tracker
Delta supports over 300 exchanges and cryptocurrencies, providing a holistic view of an investment portfolio while encompassing cryptocurrencies, ETFs, bonds, and more.
The free version allows connections to two exchange platforms, but upgrading to the paid version removes these restrictions. Additionally, users enjoy flexibility in adding crypto wallets.
The application offers an integrated news section tailored to your portfolio, delivering relevant updates.
Free users can analyze transaction history, coin splits, and sources. Upgrading to the pro version unlocks additional insights, including evaluations of investment decisions, fee breakdowns, and more.
ROS | CONS |
Real-time tracking of your cryptocurrency portfolio | Limited charting features |
Customizable alerts for price changes and other events | Free plan limited to connecting two exchanges and wallets |
Comprehensive transaction history for each investment | |
Supports multiple exchanges | |
User-friendly interface |
Coin Market Manager
This crypto portfolio management app stands out for its user-friendly interface and personalized trade analytics. With its trade data auto-sync feature via a read-only API key, users can effortlessly update thousands of trades with a simple click.
The platform also provides real-time market values, offering a comprehensive overview of open positions, break-even, and rolling profit insights. It streamlines exchange gain tracking and ensures accurate bookkeeping by accounting for fiat and crypto values.
Additionally, with its intuitive trade tracking features and in-depth analysis, Coin Market Manager allows users to make informed decisions for efficient portfolio management. It is a valuable tool for crypto enthusiasts seeking to elevate their trading experience.
The platform offers subscription plans starting at $49.99 per month, with prospective users getting the chance to explore its features through a 14-day trial at no cost.
PROS | CONS |
Easy management of crypto investments in one place | Supports only 7 crypto platforms |
Track overall account profit and loss in both Bitcoin and fiat | The free plan has limited features |
Unlimited uploads of manual trades | Occasional bugs and syncing errors |
Automatically pull and generate your transaction report |
CryptoCompare
CryptoCompare is another dependable and easy-to-use portfolio tracker that provides a comprehensive overview of your cryptocurrency holdings. It contains detailed information on prices, market trends, and trading volumes, empowering users to make informed decisions based on data.
Catering to newcomers and seasoned traders alike, CryptoCompare presents a unified dashboard with clear and concise figures, simplifying both stock market and crypto trading.
Its up-to-date news section also ensures users stay on top of market developments, facilitating well-informed decision-making.
Moreover, CryptoCompare’s web version provides accessibility around the clock, enabling users to track their investments by logging in.
PROS | CONS |
Worldwide incorporation of financial assets | Advanced features necessitate a paid subscription |
Automatic conversions and security protocols |
CoinGecko
CoinGecko is an option for individuals who engage in less frequent transactions within the crypto space. Unlike automatic crypto portfolio trackers, CoinGecko adopts a traditional approach, relying on manual input for transaction details. Users input all their transactions, ensuring accurate tracking.
A notable feature of the platform is its ability to create multiple portfolios, enabling users to consolidate profits or losses for a more comprehensive view.
While the absence of API entries may be a drawback for some, it ensures greater investment privacy.
CoinGecko’s user-friendly platform also allows users to enter test transactions and plan effectively for the future. Furthermore, the platform offers an entirely free experience, emphasizing simplicity and privacy over advanced features.
PROS | CONS |
Free to use with no hidden fees | Solely manual portfolio management application |
User-friendly interface | Absence of automatic transaction importing and exchange syncing |
Real-time price tracking for more than 10,000 cryptocurrencies | Unavailability of crypto address tracking |
A wide array of tools and features, including customizable watchlists and price alerts | |
Advanced analytics and historical charts |
Final thoughts
Choosing the best app for tracking crypto portfolio depends on an investor’s specific needs and preferences. They should consider each tracker’s features, security, and usability to find the one that aligns with their investment goals.
Some people prefer the ease of use offered by automatic crypto portfolio trackers. In contrast, others with smaller holdings may place greater value in the control manual crypto portfolio trackers give them in the management and organization of their digital assets. Simply find the best portfolio tools that suit you.
With the right crypto portfolio management software, you can keep a more effective eye on your crypto investment and make more informed decisions in the ever-evolving digital asset market.
FAQs
What is the best way to track a crypto portfolio?
The best way to track your crypto portfolio depends on your individual needs and preferences. Some popular options include using dedicated portfolio tracking platforms like CoinStats or Kubera or utilizing spreadsheet-based solutions. Remember to choose a method that offers comprehensive tracking while prioritizing security and privacy.
What are the best free crypto portfolio trackers?
While there are several free crypto portfolio trackers available, it’s important to exercise caution and thoroughly research before selecting one. Some well-known options include CoinGecko and CoinMarketCap. However, always verify the platform’s credibility, security measures, and data privacy policies before entrusting your portfolio information.
Ether Surges 16% Amid Speculation Of US ETF Approval
New York, USA – Ether, the second-largest cryptocurrency by market capitalization, experienced a significant surge of ... Read more
BlackRock And The Institutional Embrace Of Bitcoin
BlackRock’s strategic shift towards becoming the world’s largest Bitcoin fund marks a pivotal moment in the financia... Read more
Robinhood Faces Regulatory Scrutiny: SEC Threatens Lawsuit Over Crypto Business
Robinhood, the prominent retail brokerage platform, finds itself in the regulatory spotlight as the Securities and Excha... Read more
How Far Can XRP Price Rally By The End Of 2024?
The crypto market witnessed a notable inflow during Friday’s U.S. market session as Bitcoin projected another attempt ... Read more
Ripple Set For New York Approval Of Stablecoin RLUSD; XRP Ready To Fly?
As per the latest report, Ripple is on the verge of receiving approval from the New York Department… Read more
Ripples RLUSD Launch Sparks Buzz Around Hedera Collaboration!
Ripple’s RLUSD stablecoin is gaining momentum, with speculation surrounding a potential collaboration with Hedera for ... Read more