Cryptocurrencies are becoming more and more popular every day. As a result, it’s becoming increasingly difficult to keep track of them all. One of the most important aspects of investing in cryptocurrencies is keeping track of your portfolio. This is why I have reviewed the 7 best cryptocurrency portfolio trackers in 2022.
Unless you want to do it old school with an excel sheet, or even worse, some pen and paper, it’s very tedious to sit there are analyze all of your trades. As an investor myself, when I wanted to sit down and see how my crypto holdings were doing, I realized quickly how TEDIOUS it was.
If you’re investing in crypto, you need a crypto portfolio manager. Here’s a few things you should consider when deciding which crypto portfolio tracker is best for you.
- Type of Investments: Are you looking to simply have all of your coins in one place? Or would you also like to see your NFTs and fiat investments?
- Asset Allocation: This is important for those who want to track their risk. You can see what percentage of your portfolio is in each asset, and then decide if you need to rebalance.
- Trading History: For the more active investors, it’s important to see not only your current holdings, but also your trading history so you can learn from your wins and losses.
- Cost: Some portfolio trackers are free, while others have monthly or yearly subscription fees.
- Ease of Use: This is important for those who are new to investing. You want a tracker that is easy to set up and use so you’re not frustrated with the process.
What are the Best Crypto Portfolio Trackers?
Top-Rated Crypto Portfolio Trackers
1. Coin Market Manager
Best for the Advanced Trader
Coin Market Manager (CMM) is one of the best and most advanced crypto portfolio trackers on the market. Just take a few minutes to sync all of your cryptocurrency exchanges to the tool, and you’ll have a nice overview of your crypto money all in one place.
It provides real-time tracking of crypto assets for many different currencies including Bitcoin, Ethereum, Litecoin and more.
Although many crypto portfolio trackers have these features, where CMM takes it a step further is it’s analytic edge. You have the ability to manually or automatically journal all of your trades so you can learn from your successes and failures. If you’re a highly active crypto trader, this is a much more efficient way to track your performance than the old-school excel sheet ways.
There’s a free option available, but to have access to more features you’ll likely need to upgrade to at least the professional version.
Crypto trading just became a whole lot easier thanks to Coin Market Manager. It’s one of the most popular portfolio tracking platforms on the market. This one is for the serious advanced traders.
Best for the Diversified Investor
If you’re looking for a tracking app that you can download on your phone, CoinStats is one of the best crypto portfolio tracker apps on the market. It connects to many different crypto exchanges such as Coinbase and Binance, as well as the most popular crypto wallets such as Metamask. This allows you to track all of your digital assets in one place (NFTs included).
Best Features of CoinStats:
Although there is not a free option, for all the benefits you get from this app it is highly affordable, starting at just $3.49 a month for your basic needs.
CoinStats is one of the most popular crypto portfolio management apps out there, and it’s easy to see why. You can have all of your assets (crypto, NFTs, and DeFi) all in one place at an affordable price.
Best for Diversified Investments
I used to spend hours every month logging into all of my different bank and investment accounts. Even though I had consolidated money apps, it was tedious jumping from my stock investments, to savings, to crypto. But then I discovered Kubera, and it changed everything!
With Kubera, I can easily manage all of my portfolios in one place. I can see how my stocks are doing, how much money I have in various currencies, and how my cryptocurrency holdings are performing. This has made it so much easier to keep track of my finances.
There is no free version for this app, but seeing as you won’t need any other money tracker I think $150 a year (which works out to $12.50/month) is pretty affordable.
If you are looking for the best cryptocurrency portfolio tracker that manages all aspects of your financial health, this is the one for you. Just connect your crypto coins, bank account, and other financial accounts for a full net worth analysis.
Best Dual Tracker & Tax Software
Accointing combines both a cryptocurrency portfolio tracker and tax manager. As a desktop & mobile app, you can see all of your cryptocurrency throughout the year, and when it’s time to claim your crypto taxes you’re ready to go.
This is a free crypto portfolio tracker for the first 25 transacations. If you don’t make many trades per year, this may work for you. But for more, you’ll want to upgrade to the Hobbyist or Trader versions.
For crypto investors that don’t want to be bogged down with multiple crypto portfolios during tax season, then this is the best crypto portfolio tracker for you.
Best Free Crypto Portfolio Tracker
CoinMarketCap is one of the most popular and well-known cryptocurrency portfolio trackers available. It’s free to use and has a simple portfolio user face design, making this a perfect option for beginners.
You can add all of your favorite coins and track their prices in real-time, backed my one of the leading market trackers.
If you’re looking for a straightforward, free crypto tracker then CoinMarketCap is for you. It gives you all the information you need to make informed decisions about your trades.
Best Free Crypto Portfolio Tracking App
Delta is a free multi-asset tracking app that you can download on both iOS and Android. Not only does this give you a sleek user friendly interface for track your crypto assets, but you can also see how your stocks, ETFs, or indices are doing.
This is completely free, but there’s the option to upgrade to the Delta Pro version for more features.
Delta is a great free cryptocurrency portfolio tracker with advanced features such as price alerts, news, and analysis. The app is available on both iOS and Android devices and offers advanced features for the experienced investor.
CoinTracker is another great portfolio tracker software that allows you to prepare for tax season. What’s great about this option compared to some others is its affordability. For a relatively low cost of $59, you can have all the features of the crypto tracker, along with tax preparation when the beginning of the year approaches.
There’s a free option for you if you are a limited trader, but if you dabble quite a bit then you’ll need to upgrade. Thankfully, it’s not too costly.
If you’re a beginner investor that doesn’t need all the frills, CoinTracker is a great affordable option with the added benefit of tax preparation.
Altrady boasts to be the trading platform made “by traders, for traders”. As a complex trading software, it has a magnificent crypto tracking portfolio feature. This portfolio is not going to be for your average joe, and is best used by expert traders.
The base plan starts at about $20/month, but goes up to $62/month for the premium version which includes all features.
Altrady is a great option for those that are looking for a great portfolio tracker combined with great trading capabilities and features.
So that wraps up my 8 favorite crypto portfolio trackers of 2022. I hope you found this list helpful. As always, do your own research before investing in any cryptocurrency. And never invest more than you can afford to lose.
What is a Crypto Portfolio Tracker?
A crypto portfolio tracker is an app or website that allows you to track the value of your cryptocurrency investments. Most portfolio trackers also allow you to set price alerts, view news and analysis, and more.
5 Reasons You Need a CryptoCurrency Portfolio Tracker
There are several reasons why you should keep track of your crypto investments. Now you can do this manually, but a crypto tracker can help you do this on autopilot.
1. Stay Up To Date
First, you can use a tracker to help you stay up-to-date on the latest news and price movements in the world of cryptocurrency. It’s hard to constantly be in the know of everything, so for crypto traders, staying up to date is essentialy to look after your financial well-being.
2. Set Price Alerts
If you like to buy low and sell high, a tracker can make your life easier by allowing you to set price alerts. This takes the tedious task of analyzing crypto prices every day and streamline your buying and selling process.
Unfortunately, any gains made with cryptocurrency need to be reported to local and federal tax authorities as income. Tax preparation services so that you can minimize your tax liability at the end of the year.
4. Become a Better Trader
Many crypto portfolio trackers have an option to journal your trades. This helps you take an objective look of your trading history so that can see what did well and what didn’t. This will help you make more sound crypto transactions in the future.
5. Assess Your Financial Performance
Lastly, a tracker can give you a quick snapshot on your financial wealth. Whatever your financial goals are (be it early retirement, a certain amount for a large purchase), you can quickly see where you’re benchmarking to achieving those goals.
Frequently Asked Questions (FAQs)
How do you keep track of crypto transactions?
This is what a crypto portfolio tracker is used for. First, it can help you keep track of the value of your investments. Second, it can help you set price alerts so that you know when to buy or sell. Third, most portfolio trackers offer news and analysis so that you can stay up-to-date on the latest happenings in the world of cryptocurrency.
Which is the best Crypto Portfolio Tracker for Me?
The best crypto portfolio tracker for you will depend on your needs and preferences. If you are a beginner, you might want to consider a tracker with an easy-to-use interface. If you are an experienced investor, you might want to consider a tracker with advanced features.
How Do I Choose a Crypto Portfolio Tracker?
There are several things to consider when choosing a crypto portfolio tracker. First, consider your needs and preferences. Second, look at the features offered by each tracker. Third, read reviews from other users. Finally, try out a few different trackers to see which one works best for you.
Are Crypto Portfolio Trackers Safe and Secure?
Like any other online entity, anything is up for hacks, so it’s important you do everything necessary to protect your crypto. Many cryptocurrency tracker apps have many security parameters in place, but that’s not always foolproof. Be sure to pick one with multiple identification requirements, and you can have most peace of mind by having a tracker that doesn’t allow withdrawals of any kind.