Coinstats review 2022, is it legit and safe? What you need to know.

Coinstats is a legit cryptocurrency portfolio tracker that allows you to track your portfolio in real-time, as well as historical data. Coinstats is not an exchange, nor does it provide investment advice. You are responsible for your own decisions and the risk involved in trading cryptocurrencies.

In this coinstats review, we will be discussing important things about this market tool for cryptocurrency. 

What is coinstats?

Coinstats helps you keep track of the cryptocurrency market. It provides you with up-to-date information and statistics on cryptocurrencies such as Bitcoin, Ethereum, Ripple and Litecoin.

It is a cryptocurrency service that offers users the ability to view cryptocurrencies in real-time. The site also offers charts, graphs, and other tools to help you analyze the market.

Coinstats review
Coinstats

Coinstats has been around for a while and is one of the most popular cryptocurrency tracking sites. It started as a simple website where users could check the value of their coins online. Now it is much more than that, with tools for analysing the market and understanding what is going on behind the scenes.

Coinstats supports over 2000 cryptocurrencies and allows you to add any coin you want to your portfolio. You can add projects manually or import them from CoinMarketCap.

The platform also offers an API for developers who want to integrate the service into their applications.

The main goal of this platform is to help people make informed decisions when it comes to their finances, especially those who are looking to invest in cryptocurrencies.

What exactly does CoinStats do?

The main purpose of CoinStats is to provide its users with information on various aspects of the cryptocurrency market. 

CoinStats is a cryptocurrency tracking app that lets you view the price trends of coins in an easy-to-read format. The app also enables you to track your portfolio, so you can see how much of your money is invested in cryptocurrencies and which ones are performing best.

Coinstats is free to use, which makes it one of the best apps for beginners who want to understand how crypto works.

CoinStats is a cryptocurrency tracker that supports over 2000 cryptocurrencies. It can be used to track all your coins in one place.

The CoinStats interface is clean and simple, with a minimalist design. The main page shows you the current price of all supported coins and tokens, along with their total market cap and 24-hour percentage change. Clicking on any coin takes you to its page where you can see more detailed information like its current supply, circulating supply, price history, volume and more.

CoinStats also features a handy tool called “portfolio” that allows you to add multiple addresses for each supported cryptocurrency. You can then see how much of each coin you own or view all transactions from one particular address or wallet. You can also access this feature from the top menu by clicking “view portfolio” under “my addresses” or “add new address” under “my wallets” in the left sidebar menu on any page.

Coinstats review: Coinstats features

Live charts: Coinstats provides live charts for bitcoin, ethereum, litecoin and other cryptocurrencies. The charts show real-time price movements and historical data for each currency. They also show information like the number of wallets that support each coin, which can be useful for investors interested in diversifying their portfolios with multiple currencies.

Market Cap: The Market Cap page shows data on the total market capitalization of all cryptocurrencies, as well as individual coins such as XRP or bitcoin cash. The page also shows how much money each coin has raised during ICOs — initial coin offerings — which are used to raise funds for new projects that use blockchain technology.

Supply: The Supply page shows how many coins exist for each cryptocurrency, whether they are available to trade on exchanges or not, what percentage of total supply they represent and how much they’re worth in U.S. dollars (USD).

Charting tools: Coinstats offers charting tools for major cryptocurrencies including bitcoin core (BTC), Ethereum (ETH), Litecoin (LTC) and Monero (XMR).

Cryptocurrency Market Data: access to real-time market data for all cryptocurrencies listed on CoinMarketCap (CMC), including historical prices from 2013 (for some coins). This includes price charts, live order book information and currency pairs. 

Exchange Analytics: detailed stats about exchanges that have been added as partner exchanges by Coinstats users or other third-party sources such as CoinMarketCap. This includes basic statistics such as volume traded over time but also more advanced metrics like fees paid per trade or percentage of profit taken by the exchange itself (when using the API). 

Cryptocurrency Rankings: ranks all major cryptocurrencies based on several factors. 

Coinstats review: Pros and cons of coinstats 

Coinstats is a crypto-currency statistics platform that provides information on top cryptocurrencies. The site also has tools to help you track your cryptocurrency portfolio. The following are some of the pros and cons observed,

Pros:

  1. Coinstats provides an easy way to track top cryptocurrencies. It is also a good place to get basic information about each coin such as price, market capitalization, and volume in 24 hours.
  2. The site has an API that can be used by third-party developers to incorporate Coinstats data into their apps or websites.
  3. Coinstats provides daily news updates for each cryptocurrency and links to other sources of information on each coin.

Cons:

Coinstats only shows top cryptocurrencies by market cap which means many smaller coins and tokens are missing from the list.

While Coinstats offers great value for money as compared to other websites offering similar services, it does not offer any freebies or discounts on its subscription plans. So if you’re looking for some freebies or discounts on the subscription plans offered by Coinstats, then this might not be the right choice for you.

Coinstats review: Is coinstats legit or a scam?

Coinstats is not a scam because it provides genuine information about the crypto market and helps its users make better decisions regarding their investments. 

The company has been around since 2013, so it has been around for a while now, which means it is safe to use its services as they have proven themselves over time. 

The platform also offers great customer support if you run into any issues with your account or want help with anything else related to cryptocurrencies such as Bitcoin or Ethereum price predictions or other things of this nature.

Conclusion 

CoinStats promotes ease, convenience and intellectual support related to cryptocurrencies. This platform is a research tool that provides users with insights regarding various cryptocurrency trading resources. 

The main goal of CoinStats is to provide an extensive database, offering charts, and tools that enable users to acquire extensive information about the most popular cryptocurrencies.

Some of the key features offered by CoinStats include exchange markets, live time data for lots of cryptocurrencies and over 2,000 markets, real-time quotes for exchange markets that are continually updated every 60 seconds, trending data from social media networks, price alerts, and coin alerts.

You can check out other portfolio trackers here

Coinmarketcap review 

Cointracker review 

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