How Reliable is CoinStats Portfolio Tracker App?

2/12/2023, 2:36:06 PM - Shegs Aliu
How Reliable is CoinStats Portfolio Tracker App?

It is no secret that matters of privacy and security are very important in the financial world because we all want to protect our assets from all forms of theft.

Whether you’re a beginning investor looking to analyze your portfolio’s bigger picture or a seasoned stakeholder trying to make the best of the DeFi ecosystem.

CoinStats is an interesting player in the crypto world that has a lot to offer and simultaneously provides you with top-notch security features to protect your cryptocurrency portfolio.

In this review, we will be considering if Coinstats app is reliable to use.


Key Takeaways

1. CoinStats is one of the biggest cryptocurrency price and portfolio trackers.

2. It offers automatic portfolio tracking by connecting your wallets and exchange account.

3. Currently CoinStats supports over 4000 coins and 200 exchanges.

4. CoinStats is available on both desktop well as on iOS and Android operating systems.

5. It supports 13 different languages.

6. As a crypto portfolio tracker app, it allows you to track historical transactions, their worth, and destinations or sources.

7. It also allows you to store your cryptocurrency on a hardware wallet for security.

SEE ALSO: 5 Best Cryptocurrency Portfolio Trackers

SEE ALSO: Top Crypto Portfolio Rebalancing Tools (Automated & Manual)

About CoinStats

CoinStats is one of the top crypto portfolio managers on the market. It is an easy-to-use platform to manage all your DeFi and cryptocurrencies from one place, as it supports the most number of wallets and exchanges.

Besides managing your crypto portfolios, you can also trade directly on CoinStats. With CoinStats wallet, you can swap your favorite coins and tokens without going to multiple exchanges to have everything in one place.

How Reliable is CoinStats Portfolio Tracker App?

Is CoinStats Safe to Use?

Coinstats is relatively safe to use because it uses military-grade encryption and guarantees protection not only from external threats but also from misuse of insider access.

As a matter of fact, CoinStats enjoys the trust of over 3 million users and has never been hacked, despite being around for more than 4 years.

Also, if you’re a user who prioritizes security, CoinStats is a good fit: The implementation of the best evidence-based practices in the field leads to very high standards of privacy and security. 

Frequently Asked Questions (FAQs)

How do I connect my Ethereum wallet to CoinStats?

To add a wallet to your CoinStats app, swipe to the right until you get to the page that allows for exchange and wallet integrations. On this page, click the “Connect A Wallet” option.

You will then be able to choose the specific Ethereum wallet that you’d like to track via CoinStats. Once you have chosen your wallet, you can then add your public Ethereum address to CoinStats, which will be tracked for all different kinds of tokens going forward.

Is CoinStats free?

The base version of CoinStats is free, and it can be useful if you are not currently trading on a large number of different exchanges.

For many, cryptocurrency traders, the limitations of the free version of CoinStats make it sort of seem like a free trial than a full version of a crypto portfolio tracker.

That said, you can get access to many more features and a better level of functionality by becoming a CoinStats Pro or CoinStats Premium subscriber. If you’re not looking to spend any money on your crypto portfolio app of choice, then you may want to look at other options.

Does CoinStats have a mobile app?

Yes, it does. CoinStats offers a mobile app for iOS, and Android and boasts Apple watch compatibility. The mobile app is sleek, and users can easily navigate to find their favorite cryptocurrencies.

You can also add widgets to your home screen. This allows for easy access to accurate pricing data for any of the cryptocurrencies offered on the app.

What are the pros of CoinStats?

  • It offers free and paid versions for use.
  • It is available on all platforms.
  • It works well with Ethereum, which is the largest ecosystem for tokens and DeFi projects.
  • It has a 24-hour cryptocurrency report useful for daily recaps.
  • It offers discounts on paid versions of the app for trading communities.

Final Thoughts

If you’re looking to effortlessly manage all your crypto from a single dashboard, CoinStats is the place to go. It is one of the best crypto portfolio management and wallet apps for connecting wallets and exchanges.

Binance, Coinbase, Trezor, and Ledger Nano are on the growing list of exchanges and wallets that CoinStats is supporting.

 The company’s industry-leading security protocols, user-centric approach, and drive for constant improvement ensure that CoinStats has what it takes to become the interface of crypto and DeFi.

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