5 Great Blockfolio Alternatives, Based on Your Crypto Investment Needs For users who participate in exchanges frequently, going in and entering trades manually can get old, fast. At the time of writing, the app lacks the functionality to automatically sync transaction information. Thanks to an influx of new capabilities, some reviewers find that Blockfolio can be a bit overwhelming for newer investors to look at and use.īut ironically, those same capabilities may not be quite enough for true power users. Overwhelming for Beginners, Yet Underpowered for Advanced Users This is the case for many financial tools and doesn’t necessarily mean you should be highly concerned about your data privacy, but it’s worth noting for those crypto investors who are hyper careful with their privacy. Like many “free” financial apps - the cost of using Blockfolio is limited privacy.īlockfolio’s clearly says they don’t share personalized user data, but that they may share aggregated user data. While this may not seem like a big downfall to all readers, it actually alienates a large swath of potential users who don’t want to or are unable to use mobile apps - such as those with disabilities, vision limitations, and more. Investors who want to use Blockfolio can only use it through the mobile app. Perhaps the biggest downfall of Blockfolio is that its functionality isn’t currently available via a web browser or application. The Leading Reasons Crypto Investors May Want a Blockfolio Alternativeĭespite all its powerful features, there are a few key reasons some crypto investors may seek out Blockfolio alternatives. Keep reading to learn more about these downsides and the best Blockfolio alternatives that pick up the slack. While it’s a fine option for crypto investors, there are several downsides that may spur those same investors to seek out a Blockfolio alternative. And then there’s Signal, a feature that lets users get updates directly from the teams that develop their favorite cryptocurrencies.Īnd of course, Blockfolio also supports buying, selling, and trading cryptocurrency - and even has a markets section where investors can keep an eye on how the crypto market is moving in real-time. In addition, Blockfolio has detailed alerts so investors can take action when certain coins reach their preferred piercing. Originally, Blockfolio began as a tool for investors to control their crypto portfolios - which is why you still see so many robust management features in the mobile app (and yes, there is only a mobile app at the time of this writing) But just in case you don’t know the details, let’s talk a little more about what it does. You’ve probably heard of Blockfolio if you’re interested in cryptocurrency.
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