Coinstats Portfolio Manager Tool Review : Pro Or Cons 2023 Updated

What is Coinstats Portfolio Manager Tool?

Coinstats Portfolio is a portfolio management tool for cryptocurrency investors. It allows users to track their portfolio value, performance, and holdings across multiple exchanges and wallets, and provides price and market data for thousands of different cryptocurrencies. Additionally, it also allows users to get alerts on price movements, and to set up custom portfolio to track their investments. Users can access CoinStats on web, mobile and desktop platforms.

Some Important Points Of Coinstats Portfolio

Coinstats Tool Price

Coinstats is a powerful online charting platform used by traders and investors around the world. The cost of the Coinstats platform varies depending on which plan you choose. The basic plan starts at $1.66 per month. All plans include access to the full range of features, including real-time market data, advanced charting tools, technical indicators, and more.

Coinstats has Three unique account tiers:
● Basic
● Free
● Premium

How To Use Coinstats Portfolio Tools?

To use, you will first need to create an account. Once you have an account, you can begin adding your cryptocurrency holdings to your portfolio.

Here is a general overview of the process:

1. Connect your exchanges: CoinStats allows you to connect your accounts from multiple exchanges, such as Binance, Coinbase, Kraken, etc. This will allow you to see all of your holdings in one place.
2. Add your wallets: you can also connect your wallets, like Ledger or Trezor, to see your holdings
3. Track your portfolio: Once you have connected your exchanges and wallets, CoinStats will automatically import your holdings and calculate your portfolio value, performance, and other statistics.
4. Track price movement: CoinStats will show you the price movements of the assets you own, so you’ll know when you’ve made a profit or a loss
5. Set alerts: They also allows you to set alerts when an assets reach a certain price. It will send you a notification to your email or phone.
6. Customize your portfolio: you can customize your portfolio by creating different wallets and exchanges and you can also group them by the type of assets
7. Track your transaction history: They also allows you to track your transaction history, including buying and selling of assets

Overall, CoinStats is a comprehensive tool that allows you to easily track your cryptocurrency portfolio and stay up to date on market movements, making it a useful tool for investors of all levels.

How Does CoinStats Work?

CoinStats works by connecting to your cryptocurrency exchanges and wallets to automatically track your portfolio value and transactions. Once you have connected your exchanges and wallets to the app, They will pull in your transaction data and current holding information to build a comprehensive view of your portfolio.

The app will then display this information in an easy-to-read format, such as a pie chart or table, and provide real-time updates on the current value of your portfolio and the individual coins and tokens that make it up. Additionally, CoinStats also uses live market data to provide real-time prices and market data for each coin, as well as historical data for price analysis.

This is available as a mobile app for both Android and iOS devices, and also as a web app, so you can access your portfolio data on any device. The app is easy to use, and it provides a simple way for users to stay on top of their crypto investments, regardless of their level of experience.

Coinstats Portfolio Tools Features

Military-Grade Encryption

They value the users’ privacy, so they use the most advanced military-grade encryption to securely store data.

Secured by Hexens

We’re defending against external threats and guarding against misuse of insider access.

Industry Best Practices

They take the most advanced security measures to ensure that your account is as safe as possible.

Real-time tracking of prices, market data, and portfolio value:

CoinStats provides real-time updates on the prices of different cryptocurrencies, as well as market data such as trading volume and market capitalization. Users can also view the current value of their portfolio, as well as historical performance data.

Automatic syncing with exchanges and wallets:

CoinStats can automatically sync with multiple exchanges and wallets, making it easy for users to track all their investments in one place. Users can also manually add transactions and trades.

Customizable portfolio views and charts

Users can customize the way their portfolio is displayed, including the ability to hide or show specific assets, and view their portfolio in a variety of charts, including pie charts, line charts, and bar charts.

Detailed coin and token information

CoinStats provides detailed information on individual coins and tokens, including historical price data, trading volume, market capitalization, and more. Users can also view the top gainers and losers for the day.

News and alerts for specific coins or events

Users can set up alerts for specific coins or events, such as price changes or news updates, and receive notifications via the app or email.

Tax reporting tools

CoinStats provides tools to help users report their crypto taxes. Users can generate a report for their trades and transactions for the year, and can also import data from other exchanges.

A social feed for sharing and discussing investments with other users:

CoinStats has a social feed feature that allows users to share and discuss their investments with other users. This can be a great way to get new ideas or feedback from other experienced investors.

CoinStats view Pros & Cons

CoinStats Conclusion

CoinStats is a popular cryptocurrency portfolio tracking and management app that offers a wide range of features to help users track and manage their crypto investments. With real-time tracking of prices, market data, and portfolio value, automatic syncing with exchanges and wallets, customizable portfolio views, detailed coin and token information, news and alerts, tax reporting tools, a social feed and price alerts and notifications, CoinStats provides a comprehensive set of tools for crypto investors.

However, as with any app, there may be some limitations and potential issues to be aware of, such as syncing issues, data accuracy and performance on older devices. It’s recommended that you evaluate your needs and preferences before making a decision on which app to use. With CoinStats, you have a great tool to track your portfolio and stay informed about the crypto market trends.

CoinStats FAQ