Do you hold other crypto coins apart from Bitcoin?
Do you invest in Altcoins?
Do you invest in Defi?
Do you find those not so popular coins and invest in them?
If the answer to any of the questions above is a resounding yes, you must have faced the issue of keeping track of the return from each coin or your existing portfolio valuation. If you are becoming a pro cryptocurrency trader, you also need something better than excel sheets to quickly analyze your cryptocurrency portfolio and take a call on buying/selling.
As far as I’m concerned, I started my journey by using Excel sheets. It was one hell of a task and sometimes quite tiresome, considering the number of entries that would go in. Moreover, since most of the task was manual, I often missed out on good buy/sell time.
After a few months of frustration, I started looking for a solution and that’s when I found about cryptocurrency portfolio management apps. These apps are developed to help seasonal or full-time cryptocurrency investors and traders effectively monitor and manage their portfolios.
Here, I’m sharing some of the best portfolio management apps for cryptocurrency users. You can pick and choose depending on your requirement. However, some of the scenarios to consider:
Someone who has just invested in Bitcoin and needs to see the latest price along with their holding, they can work with any basic app.
Someone who has also invested in other cryptocurrencies like Aave, ADA (Cardona), Curve, FTT and others.
Someone who has invested and is also actively buying/selling to take out the profit. They are not necessarily day traders but they are actively trading and booking profit instead of long-term holding like many others.
Someone who is day trading and needs an extensive chart and signals to make a better decision about when to sell and when to buy.
There are many other scenarios but these are the four major scenarios at large. No matter which one applies to you, these portfolio management apps will help you level up your game and take your cryptocurrency investment to the next level.
So without further delay, let’s go ahead and take a look at some of the best apps that will help you keep a track of your cryptocurrencies portfolio and also the profit and loss from them.
Best Ways to manage and track your Cryptocurrency portfolio:
1. CoinStats
CoinStats is a popular and well-established cryptocurrency portfolio tracker that you should be using in 2023. It has many features and is available as a mobile app (iOS, Android), Mac app, Chrome extension, and web app.
You can connect all popular wallets, exchanges to your CoinStats account, and it will automatically calculate profit and loss for you. Just so you know
You can change portfolio Profit Loss calculation between 4 options
All time lets you calculate profit loss for a coin by considering all of your transactions.
Current Holdings calculates your P/L by considering only the holdings which own right now.
Last trade calculates your P/L by considering ONLY your last trade.
24 hours profit loss shows your coin balance change during the last 24 hours.
CoinStats supports all major wallets (see screenshot below) and auto-sync is also possible for exchanges account.
Another cool feature of CoinStats is, you can read all the major news related to the coins you are tracking. This alone helps you to stay updated with the projects that you have invested in, and helps to cut the noise.
Here is a video that shows how you can connect your Binance account with CoinStats for tracking your crypto portfolio automatically:
For CoinSutra users, we have a special offer where you can get 3 months of CoinStats pro for free.
Get 3-Month Pro access of CoinStats
2. CoinMarketCap (Free + Mobile app)
CoinMarketCap is a popular crypto market analyzer, and you might have used it once in your journey. Not a lot of people know that CoinMarketCap also offers a crypto portfolio tracking feature.
At the time of writing this resource, they offer manual addition of a coin which you can track, and see the profit/loss. As a free and simple crypto portfolio tracker, CoinMarketCap portfolio tracker is pretty decent.
See the screenshots below to see what you would be seeing:
If you have been using an Excel or Google doc to manage your portfolio, you may find this more intuitive and handy. Adding a buy/sell is easy, and it also has a feature to add notes.
CoinMarketCap mobile app has more functionalities. For example, you can see the total portfolio composition, and see each coin holding in percentage basis.
Overall as a free crypto portfolio tracker, Coinmarketcap is pretty ideal.
Create Account on CoinMarketCap
3. CoinTracking
I wish I knew about CoinTracking earlier, as this is my go-to cryptocurrency portfolio management app these days. I use it along with the Cryptocompare portfolio app. For those buying cryptocurrencies to hold it for months or years, Cryptocompare does a pretty decent job. On the other hand, if you plan to deal with the occasional buying/selling of cryptos (trading), this is the best solution for you.
CoinTracking is available on the web and also offers a mobile app for Android and iOS. CoinTracking is a dedicated website where you not only see your current portfolio balance, but also data that helps you make a better decision in terms of buying/selling your coins at the right time.
Moreover, managing coins on various exchanges could be cumbersome and this app lets you see which coins and how much amount you are holding. Another feature that I really admire about CoinTracking is the realized and unrealized Gain/Loss feature.
Millennials may not like the interface as it looks outdated but that’s a tradeoff you need to do regarding functionalities. The best part is, you can connect to all popular exchanges using the API feature and it automatically fetches the new trading data. Apart from saving time, this ensures you are always aware of the coins you have.
Some highlights of CoinTracking:
Import data from existing exchanges such as Binance, Bittrex, Bitfinex and many more
Auto-deduct balance when making a trade
Add Cryptocurrency as free/gifted
Android and iOS app are available as well
Free and paid plan
Tax calculations
The free plan lets you manage up to 200 trades, and you can upgrade to an unlimited plan by paying a nominal fee in any cryptocurrency of your choice. After trying the free plan for a couple of days, I ended up upgrading to the pro plan and it turned out to be a great decision.
CoinTracking is online since 2013 and the team keeps adding new features as the cryptocurrency industry is going. If you need to pick just one app from this list, look no further than CoinTracking.
Create Account on CoinTracking
4. CryptoCompare Portfolio
Cryptocompare is a popular community for cryptocurrency enthusiasts and they offer a portfolio management app as well. The app is available on web, mobile and they have also integrated it into their mobile app. However, their web interface is pretty solid.
Some of the highlights of the CryptoCompare portfolio app are:
Create multiple portfolios (eg: dream villa or car)
Supports all cryptocurrencies
Beautiful charts and graphs
Option to add notes
When adding cryptocurrencies, you can specify where it is stored
Free to use (it is in beta stage, so expect a few bugs)
Risk analysis (I love this feature)
Advanced chart
This app definitely needs a dedicated post to help you understand how it works. However, on this list, this is the best crypto portfolio management app. You can also see the allocation percentage for each coin.
Another thing is since everything is in the cloud and under your registered account, you don’t have to worry about losing track of your portfolio. You can access your portfolio anytime from the desktop, mobile browser and they do have a mobile app as well.
However, the mobile app is not as robust as their web interface. You also have an option to make your portfolio public or private and share it with others.
If you have never used a cryptocurrency portfolio app, start with this.
Create Account on CryptoCompare
5. Delta
Delta is a popular alternative to other options simply because they are better in many ways.
However, this doesn’t make others useless but yeah of course it does make them less attractive to new users.
Delta has mobile apps for both Android and iOS versions with more than 2000 coins waiting to be added to your portfolio.
Also, you add BTC, ETH or fiat currencies as your reserve currencies and deduct you period purchase from these reserves to get an overall picture of your portfolio.
Some other cool features of the Delta app are:
Separate portfolio and watchlist walls.
Price action alert system for each exchange & all available trading pairs
Coin analysis chart, volume, market cap etc.
Manage up to 10 different portfolios in the Pro Delta version of the app.
Sync data with up to 5 different devices.
Completely mobile-based app
Apart from all this their community and development team is very active in developing the Delta app.
Note: I am using this app’s Pro version for the last 5 days and believe me the UI is the best you can get anywhere. Also, the variety of coins and fiat currencies that they support is simply commendable, plus they are under continuous development & improvement.
Official site
Download Android app | Download iOS App
6. Zerion for Defi portfolio tracking
Are you investing in De-fi via Metamask, Rainbow, Argent, or any other decentralized finance-supported wallet? Wondering how you can track your portfolio gain or loss? Well, this is where Zerion comes into the picture.
This tool lets you Manage your DeFi portfolio across multiple accounts in a single place. Some of the popular DeFi wallets supported by Zerion are:
Metamask
Coinbase wallet
TrustWallet
Argent Wallet
Walletconnect supported wallet
You can do a lot more than simply managing your portfolio, as Zerion also let you invest in DeFi or borrow fund. As Zerion tagline says “A simple interface to access decentralized finance to invest, earn interest and borrow crypto assets.”.
Check Out Zerion
7. DIY on Google Sheets
You can also DIY a crypto portfolio tracker on Google sheets. Here are two DIY video guides to help you build your own portfolio tracker:
What is a Crypto Portfolio Tracker?
A crypto portfolio tracker is a software that helps you track your entire crypto portfolio. It provides the real-time updates on the profit and loss of your investment in individual crypto. A lot of them offer automatic syncing with exchange, thus making your job of portfolio management easy.
️ What are the Best Crypto Portfolio Trackers?
Following are the best crypto portfolio trackers: CoinStats Coinmarketcap CoinTracking Cryptocompare Delta Zerion CoinSutra Google Sheet Accointing
Can I create my own crypto portfolio tracker using Excel?
Yes, you can use CoinMarketCap API or the Coingecko API to create your own DIY portfolio tracker. This could be done on an excel sheet or using a Google sheet.
Are Crypto tracker free?
Most of the crypto tracking apps are free, or you can always DIY your own crypto tracking sheet. You can always upgrade to a paid plan for advanced features such as automatic syncing or real-time updates on your investment.
Which is the Best Cryptocurrency Portfolio Tracker for you?
Crypto Tracking App
Rating
CoinTracking
3.5/5
Coinmarketcap
4.7/5
Cryptocompare Portfolio
4/5
Delta
4.2/5
All the solutions I have listed above have their pros and cons. What will work for you is completely dependent on your style of investing and trading.
If you are someone who has been holding long-term coins and has started trading once in a while on Binance, Bitfinex, Binance futures, ByBit, or any other site, you can’t rely on a simple app. For you, the best app is CoinTracking.
For someone who wants to buy a couple of long-term cryptocurrencies and plans to hold it for months or years to come, you are better off with the Cryptocompare portfolio app.
If I have to pick one for someone who is starting out with the intention of getting serious in the crypto investment and trading, I would recommend CoinTracking. It solves the major headache of taxation and even if you are dealing with 100+ cryptos, it magically shows you your profit and loss.
Moreover, with the kind of data it provides, you can easily do day trading and make a lot of money just by buying/selling when a coin value has grown or decreased. I will talk more about this in a dedicated post in the coming days.
For now, it’s your turn to share which Crypto portfolio and tracking app you use to manage your cryptocurrencies. If you know of something that is working great for you, do let me know the name and features that you like most about the app you are using.
Looking forward to hearing from you. If you know of others who are investing in cryptocurrencies, do share this post with them. Actively monitoring their portfolio will help them to make better decisions in the future and make more money.
Update: I have found CoinStats and CoinTracking working great for me; what is working for you? Do share with us in the comments below.
Do share this post with your network on Twitter & Telegram!
Also, check out:
The 5 Best Automated Cryptocurrency Index Funds (Updated)
10 Best Cryptocurrency Exchanges In The World To Buy Any Altcoins
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