As the market fluctuates, it’s challenging to keep track of everything without a tool that shows you how your investments are performing. A crypto portfolio tracker helps you gain a clear overview, manage your risks, and seize favorable opportunities.
With the market seeing growth in terms of user base and diversity in crypto coins, the need for effective crypto tools becomes a need of the hour. Investing in cryptocurrencies without a strategy is risky, whether you’re a seasonal or dedicated investor.
This article will review the best crypto portfolio trackers of 2024. We’ll discuss their features, advantages, and what makes them unique.
What is a Crypto Portfolio Tracker?
Crypto portfolio tracker is a feature in crypto-related apps that allows investors to track the valuation and performance of their digital assets.
Portfolios can show a particular crypto coin’s real-time price, the user’s profit and loss, allocation, etc.
With features such as customizable alerts and tracking, users can strategize their investment techniques and even keep modifying them depending on the scenario.
What makes a good portfolio tracker?
- Precise tracking: The tracker should get information from trusted sources to ensure that your money is worth the right amount and doing well.
- Live updates: It should be refreshed frequently to give you the most current view of your portfolio’s status.
- Simplified transaction handling: It should be easy to add, modify, or delete transactions to ensure accurate money management.
- Calculation of key metrics: It should automatically calculate important figures such as total earnings, annual income, dividend earnings, and investment risk.
- Versatile asset tracking: A good portfolio tracker should be able to handle various assets at the same time to provide a whole overview of your entire investment portfolio.
- Easy to use: The portfolio tracker should be user-friendly and accessible on every device, like computers and phones, that can access your financial information at any time.
- Flexible reporting: The Tracker should be able to generate personalized reports that allow users to concentrate on the important information for their investment strategy.
Why it’s Essential to Monitor Your Crypto Investments?
It’s important to stay on top of your crypto investments in today’s unpredictable market. By understanding your portfolio’s performance, risks, and rewards, you can make informed choices and stay ahead.
Performance Metrics
We can monitor the performance of our investment in terms of gains, losses, and overall returns on the investment.
This lets investors know how effective their investment strategy is and which corrective measures can be taken to improve it.
Risk Management
We all know that cryptocurrencies are a risky investment, which is why implementing risk management is necessary.
A crypto portfolio tracker comes in handy in that case, as it gives investors a chance to see the bad-performing assets so they can mitigate the risk by selling them off.
Portfolio Diversification
Diversification of digital assets is key to maximizing profit and mitigating the chances of loss.
With a crypto portfolio management app, it is possible to track a variety of crypto coins.
Now let’s take a look at the top 5 crypto portfolio tracker apps available in 2024.
Top 5 Crypto Portfolio Tracker Apps
Crypto portfolio tracker apps are essential tools for managing your cryptocurrency investments. They help you see what your coins are worth, how they’re doing, and even help with taxes. They’re really useful for managing your crypto investments.
1. CryptoReach
CryptoReach is an all-in-one crypto news and data aggregator that offers various other features, like sentiment analysis of news and in-depth analytics of crypto coins.
A portfolio tracker is also included in the app, which covers more than 2000+ crypto coins that can be added to the portfolio.
Users can create a portfolio just to test their strategy, even without investing any real money.
Key Features:
- Real-time pricing
- Portfolio performance analysis
- Alerts and notifications
- Coin-specific news and analysis
- Easy-to-use interface
- Customizable dashboards
- Crypto news sentiment analysis
Pros:
- Multiple in-depth analytical features are offered, along with a portfolio tracker.
- In the free version, we can create one portfolio with coverage of over 2000+ coins.
- Portfolio prices can be shown in 11 different currencies.
- Users can experiment with strategies in portfolios by adding fictional value without investing any real money.
Cons:
- It doesn’t sync with crypto wallets and exchanges, so manual entry of data is required.
2. CoinMarketCap
CoinMarketCap is a famous and established name in the crypto world for providing various features in their app.
A portfolio tracker is part of the app as well, in which there are more than 10,000 crypto coins available to be tracked.
The portfolio can be viewed with a filter of 7-day and 30-day spans, along with portfolio asset allocation.
Key Features:
- Real-time pricing for thousands of cryptocurrencies
- Market capitalization rankings
- 24-hour price changes
- News and analysis
- Community forums
- Price alerts
Pros:
- Established brand name with positive reviews on both the Play Store and App Store.
- Coverage of more than 10,000 crypto coins with a one-week or month filter to view from.
- Analytical and informational data on crypto coins is also featured within the app.
Cons:
- Time-consuming manual entry of data.
- No sync with wallets or exchanges.
3. CoinGecko
Established in 2014, CoinGecko is a news aggregator app that hosts a lot of other features as well.
The portfolio manager in CoinGecko is similar to other apps, with the same functionalities except for the user interface.
In the portfolio manager, CoinGecko provides tracking of more than 10,000 cryptocurrencies.
Key Features:
- Comprehensive data on cryptocurrencies, exchanges, and DeFi protocols
- Market capitalization rankings
- 24-hour price changes
- Trading volume
- Price charts
- Social media sentiment analysis
Pros:
- Earlier in the world of crypto, establishing a good image over time.
- There are no hidden charges, and it is free to use.
- Real-time tracking of over 10,000 coins.
Cons:
- Manual entry of data.
- There is no cross-sync with any exchange or wallet.
4. Delta
The Delta app features tools and graphs such as portfolio P&L, trends of assets, etc. with a clean user interface.
What sets it apart from other apps is that Dellta offers portfolio sync with crypto exchanges and wallets, which removes the effort of manually entering data.
Users can set notifications for activities in the portfolio, like prices going above or below a certain threshol
Key Features:
- Portfolio tracking for multiple cryptocurrencies
- Real-time price alerts
- Tax reporting tools
- Integration with popular exchanges
- News and analysis
- Community forums
Pros:
- Offers syncing of the portfolio with 300+ exchanges and wallets, meaning no need for manual entry.
- Custom notifications for price changes and other events.
Modern and simple user interface.
Cons:
- With a free plan, only two wallets or exchanges can be added.
- Errors may arise when syncing with exchanges or wallets.
5. Coinigy
Coinigy is another app that offers a variety of tools for managing crypto portfolios.
The app can let you connect to 45+ crypto exchanges that provide real-time data for your portfolio.
Coinigy also offers proprietary technology, CyptoSYNC, through which we can easily manage our accounts across different exchanges.
Key Features:
- Advanced charting tools
- Multiple exchange integration
- Real-time price alerts
- Backtesting capabilities
- Customizable dashboards
- News and analysis
Pros:
- News and updates are delivered in real-time.
- Trade across multiple exchanges without any hidden fees.
- Technical analysis tools for crypto enthusiasts.
Cons:
- There is no free plan; by default, only a 7-day trial is provided, and after signup, it gets a maximum 30-day free trial.
- The number of exchanges offered is on the lower side.
Conclusion
To conclude, there are so many crypto portfolio tracker apps available, each with their own features, strengths, and weaknesses. So considering the best one depends on the user’s preferences.
We have discussed the five best crypto portfolio trackers. Some are better at showing you live updates, while others are better at helping you track your taxes and more. Some trackers have fancy charts, while others are simpler and easier to use.
It is always important to compare the different options and find the best one that suits your needs. This way, you can make sure you’re making the most of your crypto investments.
Sign Up for CryptoReach and Get Started with the Best Portfolio Tracker
Gain the insight and knowledge you need to make smart portfolio decisions in the face of a tumultuous crypto market — anywhere, anytime thanks to our availability via Windows and Mac on desktop and iOS and Android on mobile.
Frequently Asked Questions
Q1: How does a crypto portfolio tracker work?
A crypto portfolio tracker helps you manage and track your digital assets by providing real-time updates on their performance. It aggregates data from various exchanges and wallets, giving you a comprehensive view of your investments.
Q2: Can I use a crypto portfolio tracker for multiple cryptocurrencies?
Absolutely! A good crypto portfolio tracker supports a wide range of cryptocurrencies, allowing you to monitor and track your investments in Bitcoin, Ethereum, Litecoin, and many others.
Q3: Is it safe to connect my exchange accounts to a portfolio tracker?
Yes, reputable portfolio trackers prioritize user security. They use encrypted connections and never store your exchange credentials. Your personal data and assets remain secure while you enjoy the benefits of a portfolio tracker.
Q4: How can a portfolio tracker help me make better investment decisions?
By providing detailed analytics and performance charts, a crypto portfolio tracker enables you to analyze past trends and evaluate the profitability of your investments. This information can assist you in making informed decisions for optimized returns.
Q5: Are there any free crypto portfolio trackers available?
Yes, there are several free crypto portfolio trackers with basic features. However, premium versions often offer advanced features like price alerts, tax calculations, and automatic transaction imports for a more comprehensive tracking experience.
Greetings, I’m Akriti Gupta, a recent graduate from Delhi University. My pursuit in life revolves around an insatiable curiosity to explore and acquire new knowledge, fostering personal growth while nurturing a sense of compassion and goodness within me. Among my passions, painting, calligraphy, doodling, and singing stand as the cornerstones of my creative expression. These hobbies not only serve as outlets for my imagination but also as mediums through which I continually learn and evolve.
