What Is a Crypto Portfolio Tracker & How to Use It?

Embarking on your crypto journey? It’s thrilling, but can quickly become overwhelming. Imagine having a trusty co-pilot to navigate the complexities of your digital assets — that’s where crypto portfolio trackers come in.

A crypto portfolio tracker is more than just a fancy spreadsheet. It’s your command center, your financial dashboard, and your advisor, all rolled into one. It lets you monitor your investments, follow the prices of crypto assets, track your gains and losses in real-time, and even get insights into market trends.

Whether you’re a seasoned crypto enthusiast or a newbie dipping your toes, a portfolio tracker can be an invaluable tool in your arsenal.

So, how do you choose the right one? What features should you look for? How do you get started? Let’s dive in and explore everything you need to know about crypto portfolio trackers and how to use them to your advantage.

Understanding Crypto Portfolio Trackers Apps

Crypto portfolio tracker apps are tools that help cryptocurrency investors manage and monitor their crypto holdings across various wallets and exchanges.

These apps provide real-time updates on the value of a user’s portfolio, track the performance of individual assets, and offer insights to help make informed investment decisions.

They are designed to monitor both investment and transaction history in real time.

With many options available in the crypto market, how can investors choose the best crypto portfolio tracker to manage their portfolio?

Factors to Consider When Choosing the Best Crypto Investment Tracker

There are several factors to be considered when selecting the best crypto tracker to keep track of and monitor your crypto portfolio seamlessly. Read below to know more!

1. Price monitoring: The fundamental factors of the crypto tracker are portfolio performance analysis, real-time price monitoring, and effective access to historical data.
2. Good user experience: Crypto tracker designed with an intuitive user interface and seamless user experience simplifies the tracking process across exchanges with ease. This comes with more responsive customer support that addresses users’ queries and concerns seamlessly.
3. Real-time updates: An effective crypto investment tracker should provide real-time updates to ensure you make timely decisions. Look for apps that offer instant price changes and alerts.
4. Comprehensive data coverage: Ensure the tracker supports a wide range of cryptocurrencies and provides detailed historical data. Paybis BTC, ETH Crypto Tracker, for example, covers over 200 cryptocurrencies and offers extensive historical performance data.
5. User-friendly interface: The app should be easy to navigate with intuitive features. Customizable widgets, like those in the Paybis app, enhance user experience by allowing quick access to important information.
6. Personalization options: Look for features that let you personalize the app according to your preferences, such as setting preferred currencies or tracking specific coins. Paybis allows users to tailor the app to their individual needs.
7. Security and reliability: Choose a tracker from a reputable source. Paybis is known for its trusted platform in the crypto industry, ensuring that your data and transactions are secure.
8. Customer support and resources: Having access to customer support and educational resources can be crucial, especially for new investors. Ensure the app provides adequate support channels and informative resources.

By considering these factors, you can select a crypto investment tracker that best suits your investment needs and helps you stay informed in the dynamic crypto market.

Common Challenges and How to Overcome Them

Integration Issues with Exchanges and Wallets

One of the most frequent challenges users face when using crypto portfolio trackers is integration issues with various exchanges and wallets. These problems can arise due to differences in API protocols, security settings, or technical glitches.

To overcome these challenges, it is crucial to select a portfolio tracker that supports a wide range of exchanges and wallets.

For example, Paybis’s Crypto Tracker is designed to keep things as simple as possible. It lives on your home screen and you can effectively monitor the prices of your favorite crypto assets at a glance.

Ensuring Data Accuracy and Security

Maintaining accurate and secure data is paramount when managing a crypto portfolio. Users often encounter discrepancies between the tracker’s data and actual holdings, which can stem from delayed updates, manual entry errors, or exchange issues. To ensure data accuracy, regularly reconcile your portfolio tracker with your exchange and wallet balances.

Paybis’s Crypto Tracker, for instance, provides real-time updates, ensuring the price data is always current.

Managing Multiple Portfolios

For investors managing multiple portfolios, keeping track of each one can become overwhelming. This complexity can lead to confusion and potential mismanagement of assets.

A practical solution is to use a portfolio tracker that supports multiple portfolios within a single account, allowing you to easily switch between and manage each one.

Categorizing your portfolios based on different strategies, goals, or asset types can also help in maintaining clarity and organization. Additionally, using color-coding or tagging features can further streamline portfolio management.

Free Crypto Tracker to Monitor Your Investment

Before using a crypto tracker for your investment, some of these apps somes come with a subscription while others like Paybis provide a free crypto tracker for users.

No one can decide for you, rather you have to make an informed decision for yourself of which one to go for.

On the other hand, embarking on your diligence research before choosing which crypto tracker is advisable.

Now, proceed as you walk into some of the free cryptocurrency tracking software in the market.

Crypto Tracker by Paybis

The Paybis BTC, ETH Crypto Tracker app is designed to provide comprehensive and real-time tracking of over 200 cryptocurrencies. It offers instant price updates, customizable home screen widgets, and detailed historical performance data to help users make informed investment decisions.

By using the app, you can enjoy an attractive user interface while tracking how much you have earned over time. Interestingly, the Paybis free crypto tracker boasts of strengthening the adage in the crypto market that says crypto lets your money work overnight for you while you sleep.

Key Features of the Paybis Crypto Tracker

User-Friendly Interface

The newly released app offers a clean and user-friendly interface, enabling users to monitor the latest cryptocurrency prices with ease.

The app’s primary focus is to provide real-time data on a wide array of cryptocurrencies, ensuring that users have the most up-to-date information at their fingertips.

Real-Time Market Data

The app provides instant price updates for over 200 cryptocurrencies, allowing users to stay informed about the latest market movements. This feature is crucial for making timely and informed investment decisions.

Latest News Stories

In addition to price tracking, the app features a section dedicated to the latest news stories, providing users with insightful information like app updates, promo codes, features, and more.

Hidden within this section is a “Welcome Bonus code,” a special promotion offering a 25% OFF discount on crypto exchange fees. Download the app and claim your discount.*

*Welcome bonus is a limited period offer at the discretion of Paybis.

Interactive iOS Widgets

One of the standout features of the app is its interactive iOS widgets. With a simple tap, users can choose the duration of the price history and view the change in price without actually opening the app.

From the comfort of their home screen, users can easily toggle between different time frames, ranging from one day to one year. This level of interaction ensures that users have a tailored view of the price trends that matter most to them.

Users can add multiple widgets to their home screen in different sizes, allowing them to track their top cryptocurrencies effortlessly. The widgets are not only aesthetically pleasing but also highly functional, providing real-time updates and interactive features that enhance the user experience.

Personalization Options

The app offers extensive personalization options, enabling users to set their preferred currencies, track specific coins, and customize the app’s appearance to suit their individual preferences.

Final Thoughts

More users, including avid traders, selectively invest in a basket of coins and tokens in the market to diversify their earnings on different crypto platforms. Amid trading or investing in different kinds of digital assets platforms, tracking and monitoring the investment before difficult sometimes due to lots of the platforms.

Do you find it changing to keep track of your investment? The best approach you can adopt to keep an eye on the price movement of all your crypto assets and investment of the assets at once is to use a crypto portfolio tracker to do so.

Paybis’ latest crypto tracker is one of the free assets tracking software on the internet. It is compatible with iPhone. This means that anyone with an iOS device can download it from the Apple Store hassle-free.

Try the Paybis Crypto Tracker for iOS today and claim your welcome bonus. Coming soon for Android users.