Best Crypto Portfolio Tracker Apps 2023!! (Crypto Trade & Wallet Tracking)

The Best Crypto Portfolio Tracker Apps: A Comprehensive Guide

Cryptocurrency investments have gained immense popularity in recent years, and with the ever-growing number of digital assets available, it can be challenging to keep track of your portfolio. Fortunately, there are several crypto portfolio tracker apps that can help you manage your investments effectively. In this article, we will explore the top apps in three different categories: free tracker apps, wallet trackers or DeFi trackers, and investment or tax trackers. Let’s dive in!

Free Tracker Apps

Coin Market Cap is one of the most prominent data aggregators in the crypto space. While they offer a wide range of trading information, their portfolio tracker feature is particularly useful. With Coin Market Cap, you can create a portfolio of coins, input purchase information, and track your balances and trades. The app provides comprehensive data on price movements and allows you to set up watchlists. While you need to manually input your transactions, Coin Market Cap offers valuable insights for most users.

Wallet Trackers or DeFi Trackers

If you primarily use Ethereum or other blockchain networks, wallet trackers or DeFi trackers can be incredibly helpful. These apps link up to your wallet address and provide a comprehensive overview of your assets across different chains. Three popular options in this category are The Bank, Nansen, and Zorion.

The Bank, Nansen, and Zorion offer slightly different designs and features, but their core functionality remains the same. By linking your wallet address, you can view all your assets and transaction history across various chains. This is particularly useful for users of Metamask or hardware wallets like Ledger and Trezor, as it provides a consolidated view of your portfolio. While these apps lack the ability to track purchase and sales prices, they offer a convenient way to monitor your assets on different chains.

Investment or Tax Trackers

For more robust portfolio tracking and tax reporting, investment or tax tracker apps are the way to go. These apps allow you to link your exchanges and automatically import your trade data, providing accurate buy and sell prices, profit and loss calculations, and even tax reports. Here are three popular options in this category: Coin Stats, Coin Ledger, and Coin Tracking.

Coin Stats, now part of Coin Ledger, offers a free version that allows you to link your wallet address and track your holdings. However, to link exchanges and access advanced features like tax reporting, you will need to upgrade to the paid version. Coin Ledger, on the other hand, focuses primarily on tax reporting and integrates with major exchanges and tax software. It provides detailed reports and analytics, making it easier to prepare your tax declarations.

Coin Tracking is another popular app that offers both portfolio tracking and tax reporting capabilities. You can import trade data from exchanges via CSV files or API integration, and the app provides real-time reporting of your transactions, including buy and sell prices and trading fees. While the free version allows up to 200 transactions per year, the pro versions offer more transactions and advanced reporting features.

Frequently Asked Questions (FAQs)

1. Are these portfolio tracker apps free to use?

Most of the apps mentioned in this article offer free versions with limited features. However, to access advanced features like exchange integration and tax reporting, you may need to upgrade to a paid version.

2. Can I track my portfolio across multiple exchanges?

Yes, the investment or tax tracker apps mentioned in this article allow you to link multiple exchanges and consolidate your portfolio data in one place.

3. Are these apps compatible with different cryptocurrencies?

Yes, these apps support a wide range of cryptocurrencies and blockchain networks. You can track your holdings across various chains, including Ethereum, Binance Smart Chain, and more.

4. Can I generate tax reports using these apps?

Yes, the investment or tax tracker apps mentioned in this article offer tax reporting features. They can generate detailed reports that you can provide to your accountant or use with tax software.

5. Are these apps secure?

These apps prioritize security and employ various measures to protect your data. However, it’s essential to practice good security hygiene, such as using strong passwords and enabling two-factor authentication, to further safeguard your information.

In conclusion, managing a crypto portfolio can be challenging without the right tools. The portfolio tracker apps mentioned in this article offer valuable features to help you monitor your investments, track performance, and even generate tax reports. Whether you prefer a free tracker app, a wallet tracker, or an investment or tax tracker, there is an option available to suit your needs. Explore these apps and find the one that best fits your requirements to stay on top of your crypto investments.