Top 5 Crypto Dashboards to Track Your Investments
You made a wise choice of investing in cryptocurrency, considering that it’s going mainstream, with an avalanche of financial services providers, banks, and other organizations jumping on board.
Now comes the new challenge – managing your crypto wallets.
You undoubtedly have many cryptocurrency accounts, wallets, and possibly even individual BTC and ETH spread over multiple apps and websites. It’s difficult to keep track of everything and figure out how your net worth and overall financial health are affected.
If that’s the case, we’re delighted you came across us because you’re in need of a crypto dashboard.
Cryptocurrency Dashboard: What Is It?
Financial dashboards – platforms where you can have a thorough picture of all the financial accounts and assets you’ve added to them — are certainly familiar to you.
Crypto dashboards look quite similar to them.
A cryptocurrency dashboard is a web or app-based digital platform (either desktop or mobile). Its main purpose is to keep track of your cryptocurrency accounts and coins, as well as their historical and present values, so you can manage your crypto assets and financial goals properly. To update your crypto assets on a crypto dashboard live, the dashboard interfaces with cryptocurrency exchanges or trackers like CoinGecko via an API or other tool.
Why Do You Need a Cryptocurrency Dashboard?
The ultimate purpose of crypto dashboards is to visually represent all of your assets and how they interact.
It’s because you can understand how your assets and accounts affect your overall financial health and net worth when you have all of this information in one location. This real-time financial data offers you the information you need to create the most accurate reports, predictions, and plans for achieving your financial objectives.
5 Best Crypto Dashboards To Track Your Investments
The majority of intermediate and advanced cryptocurrency traders store their assets on various blockchains and utilize different wallets for different purposes. This can make keeping track of your crypto net worth a real pain. A cryptocurrency dashboard can let you track your profits in real-time, even if you’re using various networks and wallets.
Crypto dashboards are a vital tool for both casual and expert cryptocurrency investors since they allow you to track your investments over time and watch price movements at all hours of the day. The best approach to keep track of the value of your crypto investments is to use a crypto dashboard.
Are you unsure which crypto dashboard to use? We’ve compiled a list of some of the top cryptocurrency dashboards currently available and some pointers to help you choose the right one.
APY.Vision is a tool that tracks yield farming rewards and analyses liquidity pools. This is the most innovative gadget on the list, and it’s the greatest for DeFi growers. APY.Vision supports the following chain at the time of generating this list:
- Avalanche, to name a few
2. Sonar Watch
Are you looking for the best crypto dashboard for the Solana ecosystem? Look no further than Sonar Watch, Solana’s default dashboard. You may track the entire portfolio by adding your or someone else’s Solana wallet address.
Viewing collectibles is also supported by the platform, which is a much-needed function for any dashboard nowadays.
CoinStats, founded in 2017, claims to have over 1.5 million members who use the platform to see and manage their crypto assets from a variety of exchanges and wallet providers.
Binance, Coinbase, Trezor, and Ledger Nano are among the exchanges and wallets supported by CoinStats. You can manage currencies, see your comprehensive portfolio on one screen, compare your portfolio with friends, and receive weekly progress reports using the app compatible with many devices.
Yieldwatch is a good option if you appreciate the Binance Smart Chain (BSC) DeFi ecosystem. It not only allows you to track your net worth in the BSC ecosystem but also allows you to keep track of your temporary loss of liquidity.
Although the platform is not as complex as some of the other DeFi Dashboards described here, it does an excellent job. They have a pro plan that may be useful to individuals invested in the BSC ecosystem.
Apeboard is the favorite of many DeFi crypto investors. Apeboard offers exceptional features. The dashboard supports multiple blockchains such as Ethereum, Binance Smart Chain, Polygon, Fantom, Avalanche, Arbitrum, and Terra Ecosystem.
To make most of this list of best crypto dashboards, you should use Apeboard to track all your investments.
Things To Look For in Crypto Dashboards
Not all cryptocurrency dashboards are equally useful and secure. However, each dashboard will cater to a different portion of traders. Thus, any choice you make should include at least these 2 basic qualities.
1. Easy to Understand UI/UX
The goal of owning a portfolio is to be able to easily examine all of your assets and see how their value fluctuates. A good cryptocurrency dashboard shows you the overall worth of your portfolio in a comprehensible manner.
You shouldn’t have to fight to find the value of each coin in your portfolio because your tracker is straightforward to use and understand. Look for the best crypto dashboard that has a simple, clean design that you want to look at and use.
Bitcoin and other cryptocurrencies are extremely difficult to track and trace due to the decentralized nature of the blockchain. It’s also tough to figure out who owns which wallet, and it’s very hard to reverse a bitcoin transaction once it’s been initiated.
This emphasizes the need to select a dashboard that prioritizes security. It is critical to safeguard your digital assets because a single hack might expose your wallet. Always seek security features such as multi-layer encryption.
The cryptocurrency market is rapidly changing. These days, investors and traders have a lot more options, and crypto dashboards make it easier with added benefits. As the market continues to evolve, so will the ways investors keep track of their crypto portfolios.
Try out any of these dashboards that you find fit for your requirements, and don’t ever lose track of your funds.