Every investor must track his portfolio if he wants to know which next move to make. But with so many cryptocurrencies and blockchains, how does one keep track of multiple assets without going insane? This is where crypto portfolio tracker software comes to the rescue.
A highly complex ecosystem such as crypto requires equally complex tools. You have exchanges, wallets, and charting software. But what most crypto investors lack is a tracker that allows them to monitor their performance and transactions, or watch live token prices. In this article, I’m showing you the top 7 crypto portfolio tracker software in 2022 for beginners and crypto veterans alike.
What is a Crypto Portfolio?
A crypto portfolio is a portfolio that consists of digital assets called cryptocurrencies. These assets are stored on a decentralized blockchain managed by users who mine, stake, or hold tokens. Users who transfer assets on a blockchain do so without an intermediary.
Cryptocurrencies differ from investment classes from traditional finance – such as stocks – mainly by volatility. Crypto assets offer large returns, but equally large losses. Decentralization represents another large difference. Crypto users hold and transfer tokens on their own. Stock investors can’t hold their shares in a personal wallet or directly transfer them to another user.
What Is a Crypto Portfolio Tracker?
A crypto portfolio tracker is a tool that enables investors to track cryptocurrencies, price history, transactions, and the value of their portfolio. A tracker is a solution for crypto holders who store assets on multiple wallets or invest in tokens from multiple blockchain networks.
For example, I might own Solana and a few different altcoins from the SOL ecosystem on a Phantom wallet. I might also own Ethereum on Metamask and Bitcoin on TrustWallet. I might even have a few DeFi governance tokens scattered around on different wallets. I can’t track the performance of my capital without logging into each wallet.
A crypto portfolio tracker helps me by tracking my entire capital. I can log all the tokens I own and report every additional purchase or sale. The tracker will then aggregate the price information and provide me with an overview of my portfolio. I can then see the historical performance of my portfolio, trades, and transactions.
Certain trackers also provide the option to manage your portfolio all from one platform. You might have the ability to trade assets from the tracker or rebalance your portfolio. However, you will need to provide API keys to the tracker – if you store your assets on exchanges.
Top 7 Crypto Portfolio Tracker Software In 2022
The following section features the top 7 crypto portfolio tracker platforms in 2022. I recommend exploring each option individually to find out which platform works best for you. Keep in mind that I have not ranked the trackers in any particular order.
Shrimpy is an automated portfolio management platform that allows you to track, manage, and rebalance your portfolio. You can connect Shrimpy to more than 17 cryptocurrency exchanges and 12 decentralized wallets. Shrimpy allows you to manage your entire crypto portfolio in one place.
You can monitor the market in real time and execute trades with token swaps. You can also utilize several rebalancing strategies that make your portfolio more efficient. These strategies are automated and require no actions on your part.
If you’re worried about the performance of any automated strategy, you can backtest the strategies. Shrimpy has a comprehensive set of market data that allow users to compare strategies against historical price action.
Shrimpy features several options for DeFi investors. You can connect a DeFi wallet and execute trades via liquidity pools. The platform also allows you to create custom indexes or copy the index of a popular investing firm such as Alameda Research or Binance Labs.
Last but not least, Shrimpy’s immense list of features includes copy trading as well. Shrimpy has an immense trading community where professional investors share trade ideas and allow newbie traders to copy them. Copy trading is also an automated feature that requires no input from the user.
Shrimpy offers its services starting from $15 per month. Those who wish to unlock better features or receive priority support can subscribe to the professional or enterprise plan, which cost $63 and $299 respectively.
Cryptowatch is a portfolio tracker designed for day traders. Kraken created the platform to allow traders to track the price of cryptocurrencies, conduct technical analysis (TA), and execute trades.
Cryptowatch features customisable charts, watchlists, multi-exchange trading, and price alerts. You can customize the dashboard per your own taste and trade on more than eight exchanges.
The great thing about this platform is that it offers several important TA metrics. You can analyze prices, market liquidity, and trading volume. You can also chart assets and use indicators. Cryptowatch goes as far as to show the order book for each trading pair.
The platform has recently added an NFT dashboard as well. NFT enthusiasts can use the dashboard to track collections and marketplaces.
Cryptowatch is available as a web app, mobile app, and desktop app. You can download the platform on Windows, macOS, iOS, Android, and Linux.
Cryptowatch is technically free. You can trade, view charts, track your portfolio, and chat with users with a free account. However, the platform uses a credit-based system for its more advanced features. Those wishing to code automated features, use custom APIs, or use the Zapier tool need to pay for credits.
I recommend Cryptowatch to experienced traders familiar with technical analysis who need an intuitive and feature-packed platform to trade crypto. Since it’s free, I also recommend it to beginners looking to familiarize themselves with charting software.
Delta is a crypto portfolio tracker powered by eToro that tracks all your investments. You can use the app to track and manage multiple portfolios and check live prices. It also features an NFT explorer – to which you can connect MetaMask and track your collections.
What’s interesting about Delta is that it tracks not only crypto assets, but TradFi assets as well. You can track stocks, ETFs, indices, futures, bonds, options, and much more. For this reason alone, I find Delta to be a great option for those who trade multiple financial markets.
However, aside from the diverse tracking abilities, Delta is incredibly barren compared to other trackers. The platform features no charting or portfolio management tools. You can only track and monitor crypto portfolios. Because of this, I only recommend it to beginners interested in a simple app for tracking one’s portfolio performance.
Delta is available as a mobile app on both iOS and Android. However, you can also download a desktop version on your Windows, Linux, or MacOS computer.
The app is currently free. However, you will need to subscribe to unlock premium features. Delta’s premium account costs between $60 and $80 (for a yearly subscription.)
Blockfolio, now simply known as FTX, is a free portfolio tracker mobile app that allows users to buy and track cryptocurrencies. The app allows you to trade across multiple exchanges with competitive trading fees.
Blockfolio helps you track the value of your portfolio and track your investments. You can monitor your transaction history and view your portfolio’s historical performance.
The app features price alerts, charts, updates, and news for more than 10,000 cryptocurrencies. Moreover, the FTX Signal feature allows users to receive instant updates from crypto developer teams and stay up to date with the latest news and events.
With more than 6 million downloads, Blockfolio is one of the most popular crypto portfolio tracker options. However, apart from tracking a crypto portfolio, the app doesn’t offer much. Similarly to Delta, you can’t manage your portfolio or use advanced features such as trading bots and other automated tools.
But since it is free, I recommend Blockfolio to those interested in a minimalistic option for easily tracking your assets. You can use Blockfolio on the go and combine it with other tools to maximize your crypto performance.
Pionex is an exchange and portfolio management tool for crypto investors that features crypto trading bots. The platform features more than 346 pairs and 18 crypto trading bot strategies. The exchange is regulated by the U.S. FinCEN and possesses the Money Services Business (MSB) license.
Pionex is partnered with Circle, Binance, Simplex, Banxa, and other reputable crypto companies. It mainly receives liquidity from Binance and Huobi. The exchange provides some of the lowest trading fees in the market. Pionex charges 0.05% for both maker and taker fees.
Pionex features several popular crypto trading bots:
Grid trading bot
Leveraged grid trading bot
Margin trading bot
You can use all the bots for free. The platform also features educational articles on how to use the bots. Keep in mind that the more advanced bots require a lot of technical knowledge to provide risk-free returns.
I recommend Pionex to experienced traders who know what they’re doing. Having previous experience with crypto trading bots is preferable. However, I would advise against relying on the exchange’s liquidity.
Accointing is a crypto portfolio tracker that allows you to create a tax report based on your investing and trading activities. It is a great option for those from legal jurisdictions with strict and complicated crypto regulations.
You can connect dozens of crypto exchanges and decentralized wallets with Accointing. The platform will automatically generate a tax report based on your transaction history. You can then use this report to file taxes on your crypto returns.
The platform also helps you track your portfolio all in one place. You can view your performance across multiple timeframes or compare your performance to other investors.
Accointing also features price alerts, crypto charts, portfolio lists, and analysis tools for market sentiment. You can also track NFT positions and orders.
I recommend Accointing to those interested in paying their crypto taxes without dealing with all the legal mumbo jumbo. You can generate reports and gain insight into how much you’re supposed to pay. The platform even handles complicated crypto transactions such as staking rewards, airdrops, mining, and OTC deals.
Accointing features three annual subscription plans ranging from $79 to $299. The plan you’re going to choose depends on the number of taxable transactions you have made. There is even a free plan that generates a tax report for up to 25 transactions.
7. CoinMarketCap Portfolio Tracker
CoinMarketCap, one of the most popular websites for tracking cryptocurrency prices, has its own crypto portfolio tracker. The app allows you to track profits, losses, and view your portfolio’s value.
You can’t connect or track your portfolio via API Keys. However, it’s possible to manually add the coins and tokens you own and input any changes or new transactions. The app features the same data that you can find on the official CoinMarketCap website.
The app features price notifications, educational material on crypto and blockchain, watch lists, and ICO calendars. The tracker also has a built-in crypto indicator that derives its results from market sentiment.
The CoinMarketCap portfolio tracker is completely free. It is available on Android and iOS. You can also use it on the web.
I recommend CMC’s portfolio tracker to complete beginners who need the bare minimum. Even though the tracker features a nice user interface and reports highly-accurate data, it offers no features for portfolio management.
How to Choose the Best Crypto Portfolio Tracker
There are many portfolio management solutions out there. But how do you choose the best crypto portfolio tracker? The selection is diverse, so I’m going to show you what to look for in a portfolio tracker.
A crypto portfolio tracker should reflect the goals you have as an investor. If you’re a day trader that scalps Bitcoin, you don’t need a tracker with no charting features or a trading terminal. Likewise, if you’re merely investing, you don’t need an advanced tracker that’s too complicated to use.
Here are some features to check before choosing a tracker:
Token support. Your tracker of choice should track all the crypto assets found in your portfolio. What’s the point of using the tracker if it can’t track tokens from multiple blockchain networks?
Security. A tracker with more advanced portfolio management features needs to be highly secure. You can risk having your assets stolen due to a hack or security breach. Make sure that the tracker has a reputable team behind it that places strong emphasis on security.
Automation. Most people don’t want to trade all day. A good portfolio tracker always offers automated features such as crypto trading bots that trade on your behalf in a 24/7 market. If automation matters for you, make sure the tracker offers it.
Exchange support. If you want the tracker to automatically pull data from your transaction history, it must connect with your exchange accounts. It’s very important for the tracker to feature vast exchange support for you to track your portfolio effectively.
Report generation. You might want to generate a tax report with your tracker to pay your taxes. Or perhaps, you’ll want a report that describes your annual or quarterly performance. In either case, the tracker must be advanced enough to offer such features.
Staking capabilities. If you’re a DeFi enthusiast who loves staking or yield farming, then look for a tracker that offers such services. Not all portfolio trackers support staking and yield farming, so make sure that these features are available.
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Marko is a crypto enthusiast who has been involved in the blockchain industry since 2018. When not charting, tweeting on CT, or researching Solana NFTs, he likes to read about psychology, InfoSec, and geopolitics.
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