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Legitimate trackers will never ask for more access than the right to "View" using your API key.Īpart from direct exchange account access, if you input data like email, location, and address don't forget to check security features like encryption and 2FA. Make sure that you understand what type of access you are granting. Quite a few trackers offer to connect with your exchange account through their integration directly.
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While the underlying blockchains are themselves is a "secure network", the same doesn't apply to centralized exchanges. Trackers contain sensitive information, so before jumping into the first one you see on Google, here are a few things to consider:
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Unsure of how to pick and what options are out there? This post will go over what to look for when choosing a tracker and introduce 8 of the most popular options for crypto investors. Some trackers do more than just track your portfolio they also provide analytics on your investments, include updates on the assets you're invested in, price alerts, and occasionally even the option to trade, lend and buy crypto directly through the app.Ĭrypto portfolio tracking platforms will come in mobile, desktop, or web app forms In particular, if you frequently enter positions with a set price at which you take gains/realize losses, a tracker can make it a lot easier to do so across many wallets and exchanges. Portfolio trackers come in mobile, desktop, or web app formats and help you track the performance of your portfolio.Īny active trader can benefit hugely from using a portfolio tracker instead of manually tracking a portfolio. That's where portfolio trackers come in handy. As soon as you own more than three different digital assets, tracking them can become increasingly challenging. The purpose of these trackers is to actually make your life much easier.