Top 5 Crypto Portfolio Trackers to Manage Your Wealth

May 18, 2022 04:12 PM ET
Top 5 Crypto Portfolio Trackers to Manage Your Wealth

The crypto community's user base is rapidly expanding as a result of the increasing attention they are receiving. Many people have started investing, not only in Bitcoin but in other cryptos too. It can be difficult to keep track of your crypto portfolio, especially if you have a large number of coins and tokens to manage. Apps that track your cryptocurrency portfolio allow you to keep track of historical transactions, their value, and their destinations or sources. These apps also show the current price of any cryptocurrency they support. You may manage your investments in real-time and check price fluctuations at any time of day. It also allows you to secure your crypto by storing it in hardware.

Bitsgap

Bitsgap home page

This is an app that connects your wallets via APIs and then imports all of your transactions into one easy-to-use dashboard. You'll be able to conveniently access and track all of your assets and trade history this way. It will also show you your return on investment (ROI) and track the performance of any open positions. Furthermore, you may tailor it to only generate reports for specific exchanges.

Bitsgap works with over 25 exchanges, including well-known names like Binance, Kraken, and OkEx. It supports over 1800 coins and automatically updates your portfolio. It also has military-grade security, cutting-edge technology, and a proactive customer service team.

It has a basic plan of $24, an advanced plan of $57, and a PRO plan of $123 per month. All subscriptions come with a free 7-day trial.

Koinly

Koinly home page

It is one of the best crypto portfolio trackers available, particularly because it can assist you with your tax reports. You may have to pay taxes on the money you earn from cryptocurrencies, depending on where you live. It generates tax reports in less than 20 minutes.

It can use AI to assist you in making better financial decisions in general, allowing you to gain valuable insights into specific deals. All of your transactions are described in full in the linked reports, and you can quickly import trades using CSV files. All of this implies that you will be able to examine all of your profits and losses for the tax year, and you will not be charged extra for such reports. 

You can also quickly view your portfolio across all wallets on one page using Koinly. You may also import your trades from over 300 different exchanges and wallets, saving you time and effort. It has a free plan with limited features, and for more advanced features, pricing starts from $49 per year.

CoinMarketCap

Koinly home page

This is a very competitive tracker since it lets you track the prices and value of over 11,000 cryptocurrencies.  Extra data for each coin is available in the app, such as 24-hour volumes, market cap over various time frames, and other performance statistics for specific coins on various exchanges. The website lists over 300 cryptocurrency exchanges from where the app gets its data.

It offers charting and data features that can help you plan future purchases and sales depending on market price changes that are projected. It lets you make watch lists, set price alerts, and even learn about cryptocurrency. You may also keep track of ICO calendars and receive alerts about noteworthy ICOs. The app is available for free.

CoinTracking

CoinTracking start page

It is a robust and detailed crypto portfolio tracker. Using an API, CSV, or manual entry, importing transactions is simple. You can simply enter the wallet address directly and have your data synchronized in seconds.

Furthermore, the analytics and reporting have been upgraded. CoinTracking displays information such as trades per exchange, per month, and your crypto balance per day. The timeline, on the other hand, displays each crypto transaction in a stunning vertical bar with date stamps.

CoinTracking can handle tax reporting for over 100 countries and 12 different tax methods (FIFO, LIFO, AVCO, etc). You can also seek professional assistance and have your tax return examined by the Full-Service team. It's available as a website and an iOS or Android app. You can follow your gains and balances across all platforms with just one account.

CoinTracking has a free plan which allows you to track up to 200 trades while also giving you access to basic tools. You can upgrade to the premium plan for better features, which starts at $10.99 per month.

CoinStats

CoinStats start page

It is a premium portfolio tracker that provides tailored crypto news, analytics, and the ability to manage your portfolio on both desktop and mobile.

The API keys provide functionality for numerous wallets and exchange accounts. It puts important data at your fingertips once you've set it up, making investment decisions easier. You get graphs that illustrate the growth of each asset or the entire portfolio.

CoinStats stands out since it allows you to buy, sell, and trade crypto on all of your exchanges from one location. There are also heat maps that separate loss and profit-making organizations. The analytics sections show the most profitable and loss-inducing currencies, as well as the top exchangers, total fees, and withdrawals.

CoinStats has several pricing levels depending on the number of crypto exchanges and wallets that are connected. Prices start at $4.99 a month and include the ability to monitor up to 1,000 transactions as well as connect up to 10 exchanges and wallets.

Summary

While many exchanges provide tools for tracking your cryptocurrency's worth, most investors spread their holdings across various platforms, wallets, and accounts. A crypto portfolio tracker is the greatest way to monitor price changes of all your crypto at any given time of day if you have multiple currencies on different platforms. Some of these trackers let you trade directly on the platform, while others will calculate all necessary taxes for you. This article covers the major crypto tracking apps.

Tags:

89


Don't miss: The Best Forex Robots in 2022

Best Forex Robots

Best Forex Brokers