The article focuses on CoinStats, a universal app for tracking and managing cryptocurrency portfolios.
Also, the app includes personalized alerts, extensive analytics, and a news stream to monitor trends in the market.
With its user-friendly design, CoinStats simplifies the task of keeping an eye on digital investments to improve returns.
Read my complete review of this project. Leave your comments also, so let’s start.
What is CoinStats?
There is no doubt that CoinStats enjoys high popularity and credibility when it comes to cryptocurrency portfolio tracking. It enables connecting all your wallets and exchanges at once.
In addition, you can see your investment data and access market information, news, notifications, etc.
It was established in 2017. This makes it one of the top portfolio managers in DeFi, with over 1.2 million users and support for over 8K coins and tokens.
CoinStats Quick Overview
| Feature | Description |
|---|---|
| Platform Type | Crypto Portfolio Manager |
| Supported Assets | Over 8,000 cryptocurrencies |
| Exchanges | Integrates with 300+ exchanges |
| Wallets | Supports multiple wallets (hardware and software) |
| Tracking | Real-time tracking of prices, news, and transactions |
| Features | Portfolio analytics, alerts, news, DeFi, and tax reports |
| Accessibility | User-friendly with a customizable dashboard |
| Security | Secure API connections, no sensitive data stored on servers |
| User Interface | Email support, help centre, and community forums |
| Customer Support | Email support, help center, and community forums |
| Pricing | Free tier available, with premium plans offering additional features and integrations |
CoinStats Pricing
14-day money-back guarantee. Cancel anytime for any reason. Explore CoinStats without limitations, and you’ll never want to go back.
| Basic | Free |
| Premium | $1.66/month billed every 12 months |
| Degen | $62.91/month billed every 12 months |
| Team | Get CoinStats tailored to your needs. |
What is CoinStat’s Most Popular Services?
| Service | Description |
|---|---|
| Crypto Portfolio Tracker | Track and manage all your crypto investments in one place. |
| Portfolio Analytics | Get insights and analytics on your portfolio’s performance. |
| Coin Swap | Swap between different cryptocurrencies directly within the app. |
| Buy Crypto with Fiat | Purchase cryptocurrencies using traditional fiat currencies. |
| DeFi and NFT Tracking | Manage and track your DeFi and NFT assets across multiple platforms. |
| Price Alerts | Set custom alerts for price changes and market movements. |
| News Aggregation | Stay updated with the latest crypto news from over 140 sources. |
| P&L Analysis | Monitor real-time prices and track your investment profitability. |
Getting Started With CoinStats Portfolio Tracker
Download the App
If you want to participate in this noble course, download CoinStats. It is available for iOS and Android devices on the Apple App Store and Google Play Store.
Create an Account
Sign up by submitting your email address and selecting a password.
Add Your Holdings
First, go to the “Portfolio Tracker” tab, select “Add manual portfolio,” and enter the digital currencies you own. You will be prompted to include the amount of cryptocurrency that you have.
Connect Exchanges and Wallets
You should open the “Wallets” page and follow other instructions when adding your exchange or wallet. Integrating accounts here means they can only be watched without involvement in transactional processes.
Track Portfolio Performance
Once done, track how well your holdings in cryptocurrencies perform at any given moment using the ‘Portfolio’ option at the top of the page. Among others are total value, gains, losses, and several others.
Set Up Alerts
On the “Alerts,” configure various alerts such as price changes or news from CoinStats.
Explore Features
Get started now with extra options like news feed, market data, and watch list as additional sources for maximum returns on this app.
What Types of Companies Does CoinStats Work With?
For this reason, the company collaborates with several companies in various sectors. These are some of the firms they cooperate with.
Blockchain Protocols
To provide comprehensive crypto asset tracking and management, CoinStats works with a variety of blockchain protocols.
For instance, it allied with FIO Protocol to support Web3 handles and FIO token balances.
Crypto Wallets
They also partner with well-known wallets like Trust Wallet and MetaMask so that users can easily handle their funds.
Exchanges
Some popular exchanges, such as Binance and Gate.io, have been integrated into CoinStats to facilitate trading and portfolio management.
DeFi Platforms
They enable users to keep track of their decentralized financial investments by partnering with DeFi platforms.
Investment Firms
CP3 Ventures, Hack VC, and 6th Man Ventures are some firms that have invested in CoinStats, thus promoting its growth and development.
CoinStats Device Compatibility & Mobile App
The widget, desktop, mobile, or web can all be used for CoinStats. Your portfolios can also work on any device.
CoinStats is supported by both Android and iOS devices through its mobile app. The Google Play or Apple Store provides access to it.
Users have rated the app highly, with a 4.6/5.0-star rating from about 83k reviews on Google’s app store.
Pros and Cons of CoinStats
Pros
Easy to use Interface: It has an assignable dashboard.
Insights of Portfolio Analytics include gains, losses, and other portfolio metrics.
Alerts and Notifications: News, price changes, or any significant event can be given an alert through this application.
Accessibility on Multiple Platforms: Web, iOS, and Android platforms are available for download.
Safety: Secure API connections are utilized while storing sensitive information off the site.
Cons
Limited Free Features: Only premium users have access to some advanced features and integrations
Read-Only Integration: However, with read-only access, it cannot provide transactional capabilities
Complicated Setup: Setting up initially and connecting multiple exchanges as well as wallets may take a lot of time
Issues with the Mobile App: Some users experience certain malfunctions or slow performance in mobile app usage
Support Service: Despite support service availability, response time is slow for some users.
Customer Support
The platform’s design is very intuitive, and the interface is user-friendly. Users can add their holdings effortlessly and follow the performance of their portfolios in real-time.
Clients know Coinstats as a responsive company with good customer care. Users can contact the support team through email, live chat, or social media. They will always get prompt help with their questions.
It also has an elaborate knowledgebase and FAQs section; hence, it’s easy to find answers to common questions.
CoinStats Alternatives
| Alternative | Description |
|---|---|
| Blockfolio (now FTX) | A comprehensive crypto portfolio tracker available on mobile devices. |
| Delta | A popular app for tracking cryptocurrency portfolios and stocks. |
| CryptoCompare | A platform offering detailed crypto market data, portfolio tracking, and news. |
| CoinTracking | An advanced tool for managing crypto portfolios and generating tax reports. |
| Zerion | A DeFi-focused portfolio tracker that allows users to manage decentralized assets. |
| Kubera | A personal finance tracker that includes support for cryptocurrency assets. |
| Altpocket | A social platform for tracking and sharing cryptocurrency investments. |
Conclusion
CoinStats, a solid and adaptable crypto portfolio management software, suits different users, including casual investors and serious traders.
It gives valuable insights for managing cryptocurrency portfolios through its extensive asset support, real-time tracking, and user-friendly interface.
The ability to connect multiple exchanges and wallets, set up custom alerts, and access detailed performance metrics provides a powerful means of staying informed and making informed choices.
However, a few users may consider cons, such as depending on premium features for advanced functionalities, read-only integration, limitations, and occasional technical issues.
In conclusion, CoinStats is a comprehensive solution that has strived to balance simplicity with sophistication in cryptocurrency portfolio management.
