In the cryptocurrency space, there are so many different investment options and it feels like new coins and exchanges are popping up every day. It is not easy to track which coins are on certain exchanges, where to store your crypto, and how to manage it all. If all these problems sound familiar, a crypto trading tracker might just be the tool you need to gain an edge in your investments!
A crypto tracking platform can provide you an easy way to manage your crypto portfolio all in one place—monitoring everything you need, such as trade transactions, trade analysis and statistics, tax reporting, and more. While there are many cryptocurrency trading trackers and journals out there, two of the best are Coin Market Manager and Coin Tracking. Both applications offer a free tier, as well as professional and expert tiers that provide advanced tools for the more serious crypto investor.
CoinTracking connects to your exchanges (Binance, BitMEX, Bitstamp, Bittrex, Bybit, Coinbase, Coinbase Pro, FTX, KuCoin, and many more) through API keys, and it provides consolidated information such as balances, trade analysis, trade statistics, and tax reporting. CoinTracking does offer more features in the free version that allow you to break down information through pie charts, bar charts, and on-chain analytics.
Get started with your own CoinTracking account here!
Coin Market Manager creates simplicity and organization in managing your crypto portfolio. You can also connect to your exchanges and all your crypto investments are automatically imported and tracked in a trading journal. As with Coin Tracking, it will record all aspects of your trade, including position size, average entry, stop loss, take-profit targets, as well as provide an analysis of your wins and losses.
Register for your Coin Market Manager account here!
Both crypto tracking platforms are easy to use and creates organization for anyone trying to manage their crypto portfolio. CoinTracking does have a more robust platform for analyzing, managing, and organizing crypto portfolios, but ultimately, you should decide what works best for you as you improve your crypto trading.
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