As the saying goes, what you can track and measure, you can manage — and hopefully manage to grow.
This is more imperative than ever in today’s uncertain financial times when net worth and return on investment (ROI) are at risk.
And with no other asset is tracking, measuring, and managing as important as it is with cryptocurrency — an investment type that’s become especially volatile.
Investors of all sizes are sourcing tools that will help them keep careful track of their crypto performance and growth in the months and years to come.
Luckily, there are plenty of cryptocurrency portfolio trackers that can help you do just that. To choose your own solution on your quest to learning how to track your cryptocurrency portfolio, follow along as we dive into the key details you need to know, including:
- What a cryptocurrency portfolio tracker is, exactly
- Why you need a cryptocurrency portfolio tracker
- The Features that define the best tools for tracking your cryptocurrency portfolio
- A list full of trackers that will enable you to manage your crypto effectively
What Is a Cryptocurrency Portfolio Tracker?
A cryptocurrency portfolio tracker is a digital platform, such as an app or website, that enables you as an investor to keep track of the ever-changing value of your different coins so that you can manage your portfolio properly.
Cryptocurrency portfolio trackers connect with crypto wallets, which enable individuals to control their digital currencies. Some also integrate with actual crypto exchange accounts, where investors can trade digital assets, including crypto coins.
It’s recommended that investors who actively trade more than three different types of coins use a cryptocurrency portfolio tracker to track and manage these assets.
Why Do I Need Crypto Portfolio Management Software?
With crypto going mainstream, now there are thousands of different cryptocurrencies.
And, just like fiat currency, the value of each is always changing. This is intensified by the fact that cryptocurrency markets trade 24/7/365 and are so easily swayed by news and world events.
As you add assets to your portfolio, especially those of the fast-changing variety like crypto, the more time you’ll need to spend on crypto asset management. That, or you can find a tool that’ll do it for you.
A cryptocurrency portfolio tracker is that tool — enabling you to easily monitor the performance of your cryptocurrencies and other assets all in a single view.
Why is it so important to be able to easily keep track of the performance of your assets?
Because it’s important that you pursue portfolio diversification to build a selection of assets that’s consistently well-balanced and well-diversified, which are two key practices for keeping your wealth in good health.
Managing multiple crypto wallets? Here’s your ultimate guide to getting it right.
How to Track Your Crypto Portfolio: 4 Features to Look For
The biggest problem in the crypto portfolio tracking world today is that there are just too many of these tools on the market — all of which are vying for your attention without making it easy to choose between them.
That’s why, in this section, we’re going to give you the key criteria against which to compare your options (which we’ll have a list of later!) when you’re searching for your cryptocurrency portfolio tracker.
1. Integration with a Range of Financial Institutions
Cryptocurrency portfolio trackers work by connecting with third-party aggregator APIs that enable them to tie into different crypto data feeds to display the info you need to track your assets.
The thing is, most aggregators only work in certain countries and only have the technology to work with certain crypto feeds. That means that not every cryptocurrency portfolio tracker will work in every situation — so be sure to test the tools you’re interested in to make sure they do work in your specific instance.
Kubera, the source of the above screenshot, is uniquely equipped to track different crypto accounts as well as different bank and credit card accounts, investment accounts, and more because it integrates with a handful of aggregators that all serve different markets.
This technology enables Kubera’s customers to connect their crypto and other assets in a few clicks to automatically sync investments and see their values in real-time.
See how Kubera works when it comes to integrating your assets here.
2. A High Level of Security
Cryptocurrency is digital money that is managed by a decentralized network called “blockchain.” This network isn’t owned, regulated, or tracked by any specific authority or institution. This, of course, means that crypto ownership is hard to track and crypto transactions are nearly impossible to reverse once they’ve been initiated.
But what does that mean for crypto portfolio trackers?
That they better have their security locked down tight.
Since portfolio trackers connect to their customers’ crypto accounts, they have to be careful not to let in any malicious actors that would go through them to get at user logins for a variety of financial institutions.
It’s not too hard to find out which crypto portfolio trackers take security seriously. Check out their websites to ensure they encrypt the data they manage and that they use two-factor authentication whenever possible. Bonus points for trackers that don’t even access their users’ account credentials and let their trusted aggregator services handle that delicate information instead.
3. Usability Through Automation
One of the key reasons people adopt crypto portfolio trackers is to create a singular dashboard from which they can keep an eye on all of their investments.
But what’s the point if setting up or even using that singular dashboard is just as time-consuming as logging in to each of your individual online accounts to check on performance every few days? After all, isn’t one of the key purposes of a tracker to see how your portfolio is performing in a single glance?
That’s why ease of use via automation is critical in a crypto portfolio tracker — from the first time you input your crypto accounts to every time you use it to check on them moving forward.
In this day and age, no tracker worth your time should be a struggle to use. You should be able to add your assets and see their progress anytime, anywhere in just a few clicks, or taps of a finger in the case of mobile apps. This ease of use is typically powered partially by automation. No manually re-updating your assets or their value necessary.
And while most popular crypto portfolio trackers have some automation, that functionality typically hits a wall when it comes to serving international crypto traders. But not so with a tracker like Kubera. If you have investments that originate in several currencies but want to see the value of their holdings in one preferred currency, Kubera is one wealth tracker that can do that for you — automatically and in real-time. Talk about ease of use!
4. Entire Portfolio Unification
Like we touched on earlier, smart investors know that diversification is vital to maintaining a healthy portfolio and growing your net worth.
But the downside of diversifying into various alternative investments, including cryptocurrency, is how difficult it can be to understand how all of them work together to impact your portfolio.
The solution is looking maybe a little bit beyond the portfolio trackers that bill themselves as “crypto only” and check out more robust solutions that can unify your entire portfolio on the dashboard.
In addition, any portfolio tracker that purports to condense your net worth and other important investment information into a single dashboard better be converting the value of each asset to your preferred currency — USD, INR, GBP, SGD, and tons more — in real-time.
7 Best Crypto Portfolio Tracker Apps
Now for a roundup detailing some of the top crypto tools for keeping your portfolio in tip-top shape.
1. Kubera
If you hadn’t noticed before, we think Kubera is a pretty awesome crypto tracker.
And, no, we’re not just saying that because we want to sell you something.
We’re saying that because we truly built — and continue to improve — Kubera for the modern investors of the world who are tired of their time, money, and sensitive data stolen by the same financial tools that promise to help them.
At Kubera, we’re a small team of individual investors who are always looking for new ways to diversify our portfolios. And in that quest, we realized we had a lot of scattered assets on our hands with no system for managing all of them for ourselves or for our children to whom we would eventually pass them down.
That’s why we created Kubera — the first personal balance sheet software and portfolio tracking app created specifically to help you manage both crypto and fiat accounts side by side.
Which accounts? Check out the full list of banks, brokerages, cryptocurrency exchanges and wallets, and financial institutions to which Kubera connects.
And aside from financial accounts, with Kubera you can measure and manage everything from cash to antiques, NFT investments, precious metals, DeFi coins, and well beyond. For homes, vehicles, and web domains specifically, Kubera integrates with leading asset experts (such as Zillow in the U.S.) that feed your dashboard with real-time market data for your important investments. In addition, you can add tickers for individual stocks and cryptocurrencies like Bitcoin (BTC), Ether (ETH), and other altcoins to Kubera’s portfolio tracking app to keep an eye on the market at all times.
Determine how all those various holdings are performing with Kubera’s calculator that automatically finds IRR for investments and helps you compare it against common indices for added perspective.
Need an even wider birds-eye view to make sure you’re making informed and thoughtful crypto investment decisions? Then don’t miss the recap screen, where Kubera crunches the numbers to give you a readout on how net worth and individual asset performance are tracking over time.
High level of security? Yeah, we’ve got that, too. And we’ve even got a beneficiary management feature that acts like a safe deposit box for passing down your most important estate planning documents and accounts.
While we fully believe Kubera has the perfect mix of features to be your best bet when it comes to crypto tracking, we also want to make sure you know about some other top options that are out there.
So let’s explore a bit more.
2. Delta
We’ve watched delta grow from a basic crypto app to a bonafide “everything” tracker for investments, stocks, ETFs, currency, of course crypto, and more.
Where Delta stands out is in the details it allows users to see. Dive deep into your own portfolio within the Delta platform and explore crypto coin price changes, social profiles, associated whitepapers, andmore.
3. FTX (FKA Blockfolio)
FTX, formerly Blockfolio, is a crypto tracking and trading platform. But what makes it special is all the ways it’s making crypto more approachable.
Aside from the FTX exchange, there is an FTX card for spending crypto, FTX pay for accepting crypto payments, the FTX US OTC Portal for hosting over-the-counter trading, and even an FTX US Derivatives screen for trading derivatives.
Explore even more about the above options with our guide to Delta vs. Blockfolio vs. Kubera.
4. CoinStats
CoinStats is an all-in-one portfolio tracker with many of the right features: high security, a coin price watch list with price alerts, notifications, a crypto news feed, and more.
What makes it worth mentioning is how it syncs with MetaMask, Ledger, and other Ethereum-forward crypto wallets.
This makes CoinStats a good fit for investors who are into really alternative assets such as DeFi, since they often run on the Ethereum blockchain.
5. CoinTracking
CoinTracking is a robust crypto-focused portfolio tracker. Aside from the dozens of customizable reports and interactive charts CoinTracking users can pull, there’s another thing that sets it apart from other crypto trackers: crypto tax preparation.
CoinTracking works with different exchanges to turn your crypto trading history into custom tax reports, including income reports, capital gains reports, closing position reports, and many more.
6. Coin Market Manager
Coin Market Manager partners with the crypto exchange Binance to provide portfolio tracking features that are especially useful for those who trade on Binance.
Aside from this, Coin Market Manager is also unique in its position as an automated journaling and analytics platform that’s focused on helping crypto investors “gain an edge.”
7. Coinbase
We’ll end our list off with Coinbase, a crypto exchange and wallet with a clean and modern interface. Coinbase is a good tool for beginning investors who are just learning the crypto ropes. Its creators have taken care to integrate learning widgets as well as a unique educational platform that allows users to earn crypto as they complete classes.
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