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Home Crypto

Coinstats Review: Why it’s Ranked as the Best Crypto Portfolio Tracker

India CSR by India CSR
July 23, 2023
in Crypto
Reading Time: 5 mins read
India CSR
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Coinstats: A Comprehensive, Reliable, and User-Friendly Crypto Portfolio Tracker

By Thomas Adams

Introduction to Coinstats

‍As an avid cryptocurrency enthusiast, I’ve spent countless hours exploring different platforms aimed at tracking and managing my crypto assets. Coinstats, a comprehensive crypto portfolio tracker, has caught my attention and I’m excited to share my experience with you. This platform has managed to simplify the complex world of cryptocurrency, making it appealing for both beginners and seasoned traders.

Coinstats, founded in 2017, is a one-stop platform that provides detailed insights into over 8000 cryptocurrencies from more than 400 exchanges. It gives you the ability to track your portfolio’s value in real-time, set price alerts, and even execute trades directly from within the app. The user-friendly interface, coupled with powerful features, has amassed a user base of over a million crypto enthusiasts.

In this article, I aim to share an in-depth Coinstats review, discussing why it is ranked as the best crypto portfolio tracker.

We’ll delve into its key features, pricing, and how it compares with other trackers in the market. If you’re a crypto investor or trader looking for a reliable and comprehensive tool, this review might help you make an informed decision.

Why Coinstats is Ranked as the Best Crypto Portfolio Tracker

When it comes to crypto portfolio trackers, many platforms claim to be the best. However, Coinstats has managed to cut above the rest for several reasons.

Firstly, the sheer number of cryptocurrencies it supports sets it apart. With access to over 8000 cryptocurrencies, Coinstats ensures that you can track virtually any coin that exists. Whether you’re invested in Bitcoin, Ethereum, or lesser-known altcoins, Coinstats has you covered.

Secondly, the platform provides a real-time overview of your portfolio. This allows you to monitor your investments and make informed decisions promptly. The ability to execute trades directly from the app is an added advantage, saving you the hassle of switching between different exchange platforms.

Lastly, Coinstats’ user interface is both intuitive and visually appealing. Navigating through the various features is a breeze, and the platform provides a graphical representation of your portfolio, making it easy to understand your investments at a glance.

Detailed Coinstats Review

My experience with Coinstats has been nothing short of excellent. The platform has exceeded my expectations in terms of functionality and ease of use. The first thing that struck me was the seamless registration process. I was able to create an account and start tracking my portfolio in less than five minutes.

The platform’s dashboard is clean and uncluttered, presenting all the necessary information without overwhelming the user. I was able to view the current value of my portfolio, individual coin performances, and even the overall market trends.

One of the standout features for me was the ‘News’ section. Here, Coinstats aggregates news from various sources, ensuring that I was always up to date with the latest developments in the crypto world. This feature has been of great help in making informed trading decisions.

Key Features of Coinstats

Coinstats is packed with numerous features that help you manage and track your cryptocurrency portfolio effectively. Some of the key features include:

  • Portfolio Tracking: Coinstats provides a real-time overview of your portfolio across multiple exchanges and wallets. You can track the performance of individual coins and the overall portfolio.
  • Price Alerts: This feature allows you to set custom price alerts for different cryptocurrencies. You get notified when the price reaches your specified level, helping you to take timely action.
  • Direct Trading: Coinstats allows you to execute trades directly from the app. This saves you the hassle of switching between different exchange platforms.
  • News Aggregator: Coinstats aggregates news from various sources, keeping you updated with the latest happenings in the crypto world.

Pricing and Packages of Coinstats

Coinstats offers both free and paid plans. The free plan offers basic tracking features and is suitable for beginners or casual investors. The Pro plan, priced at $4.99 per month, unlocks advanced features like unlimited portfolio tracking, advanced alerts, and priority support.

For professional traders, Coinstats offers a Premium plan priced at $13.99 per month. This plan offers features like unlimited exchange connections, direct trading, and premium customer support.

Comparing Coinstats with Other Crypto Portfolio Trackers

While Coinstats is a robust platform, it’s essential to see how it compares with other trackers in the market. Some popular alternatives include Blockfolio, Delta, and CryptoCompare.

Compared to these platforms, Coinstats offers far more cryptocurrencies for tracking and supports more exchanges. The ability to trade directly from the app also gives Coinstats an edge.

However, some users might find Coinstats’ pricing a bit steep compared to other platforms that offer free or cheaper plans. It’s important to weigh the features offered against the cost to determine the platform that offers the best value for your needs.

Conclusion

In conclusion, Coinstats stands out as a comprehensive and reliable crypto portfolio tracker. It offers a plethora of features designed to simplify cryptocurrency portfolio management. From real-time tracking to direct trading and price alerts, Coinstats has proven to be a valuable tool for both beginners and seasoned traders.

However, like any other tool, it’s not without its shortcomings. The pricing might be a deterrent for some users, especially when compared to cheaper or free alternatives. However, the value offered by Coinstats in terms of features and functionality justifies the cost.

In my experience, Coinstats has been an indispensable tool in my cryptocurrency journey. If you’re in search of a reliable portfolio tracker, I highly recommend considering Coinstats. You can have a look at this detailed Coinstats review article from Coinwire to gain a deeper knowledge of this useful tracker. 

Tags: CryptoCrypto Portfolio Tracker

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