Crypto wallet tracking apps you should have on your phone in 2022
Whether you have been in the cryptocurrency space for a few years, a few months, or even a few days, you have probably already witnessed the volatility of cryptocurrency prices. Also, with cryptocurrency being so decentralized, you probably have multiple wallets everywhere, each containing a portion of your cryptocurrency wallet.
Cryptocurrency price volatility and multiple wallets with cryptocurrency assets make it very difficult to track the performance of your entire cryptocurrency portfolio. In that case, a cryptocurrency portfolio tracker is just the tool you need to monitor the performance of your entire portfolio.no matter how many cryptocurrency wallets you own or which platforms you use.
In this article, we will be looking at some of the cryptocurrency portfolio tracker apps available in the market.
What is a Cryptocurrency Wallet Tracker?
A cryptocurrency portfolio tracker is a website or application that allows you to manage your investments and track price changes of all the coins in your portfolio.
To do this, trackers are linked to all your cryptocurrency wallets and exchange accounts to give you an overall perspective of how your cryptocurrency wallet is performing across different platforms. Cryptocurrency wallet trackers are ideal for large-scale traders who have more than three coins they are actively trading in their wallet.
Now that we’ve looked at what a cryptocurrency portfolio tracker is, let’s take a look at some of the options out there.
The Cryptocurrency Trackers You Need
There are many options to choose from when looking at cryptocurrency wallet trackers available in the market. These are the apps we think every crypto investor should have on their smartphone. So we’re going to look at some of the best options along with some key features that will determine which is right for you.
The first cryptocurrency wallet tracker on the list is CoinTracker. CoinTracker offers a wide range of services within its cryptocurrency portfolio tracking, including automated portfolio tracking for over 300 exchanges and over 8,000 cryptocurrencies, as well as tax reporting and accounting methods based on costs that help you reap tax losses from your wallet and save on your cryptocurrency wallet. taxes.
All CoinTracker services can be accessed through their website or through their mobile app, which is available for iOS and Android operating systems. The platform is ideal for any cryptocurrency investorfrom beginner to expert.
To get started, simply sign up on their website or mobile app. You will then receive an email from them asking you to confirm your email address. Once you’ve confirmed your email address, you’re all set up and ready to start tracking your cryptocurrency wallet.
The next step you will need to complete is to add your wallets to CoinTracker. This process is also relatively easy as all you need to do to add a wallet is enter your wallet’s public key and specify the type of wallet (i.e. MetaMask, Trust Wallet, Coinbase, etc. .). Once done, you will be able to see all of your wallet balances from the CoinTracker platform.
CoinTracker offers a free tier option. However, their free tier is quite limited as you can only add a maximum of five wallets to the tracker and will not have access to all the services available on the platform.
To unlock the full suite of services that the CoinTracker platform has to offer, you will need to choose between one of their paid subscriptions. Apart from the free tier which is automatically activated upon registration, the other subscription options are “Enthusiast”, “Pro” and “Custom”.
Each subscription package allows you to connect to more wallets and unlock more available services as you level up. For example, the pro subscription gives you priority for assistance and the collection of tax losses.
The cost of each of the paid subscriptions is a monthly cost and can range from around $16 per month for the enthusiast subscription, up to $113 per month for the pro subscription package. There is also a custom option that is priced according to your needs and wallet.
According to reviews, the performance of the free tier platform is substandard. It could be to entice people to buy a paid subscription. Additionally, you can only link up to five wallets to the CoinTracker platform on the free tier.
This may be fine for someone who only holds between one and three cryptocurrency coins across a handful of wallets, but is not ideal for seasoned cryptocurrency investors who average multiple wallets across many wallets. many different platforms each.
Although the tax service offered by the CoinTracker team leaves the stress of managing your cryptocurrency taxes with them and not with you, the service can be quite expensive as you are charged per transaction per cryptocurrency.
Again, this may be enough for a cryptocurrency investor who buys and holds just between one and three coins for the long term.but not ideal for someone who transacts across different platforms on an ongoing basis. Finally, there have been several complaints that CoinTracker’s user interface is outdated.
Although TradingView focuses more on a market than a portfolio, it is still a great tool for professional cryptocurrency investors and can complement any cryptocurrency portfolio tracker if used correctly. Investors can access a variety of resources related to cryptocurrency trading, including live streams from other cryptocurrency traders, trade articles, trade ideas and more. These resources can be accessed through the TradingView website or mobile app available for Android and iOS.
Registration and prices
The registration process is also very simple. A downside of TradingView, besides not having a cryptocurrency portfolio tracker, is that not all of the resources available on TradingView are available in the free tier. To access the full range of resources, you will need to pay a monthly subscription of $59 per month.
The platform is really only ideal for professional cryptocurrency traders and investors, investors with programming experience, and traders who want up-to-the-minute updates. Besides offering a few additional investment resources, TradingView is not suitable for the novice cryptocurrency investor unless you pay the monthly subscription to access the full list of available resources.
Last but not least on the list is NOWTracker. NOWTracker is an innovative new cryptocurrency portfolio tracker and is the brainchild of ChangeNOWa noncustodial cryptocurrency exchange service. What separates NOWTracker from any other cryptocurrency wallet tracker is that it offers you a wide list of great services and features all free of charge.
These services and features include the ability to track over 7,000 cryptocurrency assetsboth on centralized and decentralized exchanges a one-time backup feature that lets you restore your portfolio tracker to another device, and a simplistic state-of-the-art user interface. All of these features can be accessed through their mobile app on Android and iOS devices.
No registration is required to start using NOWTracker. It’s simple to start connecting your existing wallets and managing your crypto wallet.
Another cool feature available on NOWTracker is also the ability to connect to a huge list of exchanges. This way, you won’t need to manually enter every trade or transaction you make on an exchange.NOWTracker will simply read all your latest activity on the exchange.
Don’t worry, this is completely secure as the platform only uses read-only access. Thus, he cannot make transactions or make withdrawals and deposits to your account. Besides tracking your exchange activity, NOWTracker can also track your wallet activity in real time using block explorers.
To add wallets and exchanges, simply enter your cryptocurrency wallet’s public key along with a bit more wallet information, and NOWTracker will start tracking your wallet activity.
The great thing is that you are not limited to the number of wallets you can connect to NOWTracker. To add an exchange connection, you will need to create a read-only API key on the exchange you want to connect to and enter that API key into NOWTracker when creating an exchange connection.
Price and Summary
No payment is required to use NOWTracker. Services include automatic and manual tracking and analysis.
Being the brainchild of the ChangeNOW cryptocurrency exchange ecosystem, NOWTracker can connect with other ecosystem products including NOWPayments, NOWWallet, NOWNodes, and more. Additionally, the team is very responsive to the community and constantly updates the app based on user feedback.
A cryptocurrency portfolio tracker is an essential tool for any cryptocurrency investor to track the overall performance of their cryptocurrency portfolio across multiple platforms. In this article, we’ve reviewed three tools that can be useful for portfolio tracking and management. To pick one, here’s a closer look at key features like registration process, availability on preferred operating system, and potential budget.
This content is sponsored and should be considered promotional material. The opinions and statements expressed herein are those of the author and do not reflect the views of The Daily Hodl. The Daily Hodl is not a subsidiary or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making high-risk investments in ICOs, blockchain startups, or cryptocurrencies. Please note that your investments are at your own risk and any loss you may suffer is your responsibility.
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