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Inferno review: Blockfolio

Inferno review: Blockfolio

Thoughts

This app allows you to track the value of your crypto portfolio easily. It includes all major cryptos and has real-time, accurate price feeds. Be warned, though, it’s dangerously addictive.

 

If you’re a crypto investor with several different coins in your portfolio – or potentially dozens – then you’ll need a way to track their value. There are various different apps that allow an at-a-glance overview of your current crypto net worth. Some are fine, some clunky or hard to use. Some only have a decent web interface. Some work ok but the price feeds are drawn from limited exchanges, so they miss out certain cryptos or offer distorted valuations.

 

There’s a reason Blockfolio is a market leader. It manages to provide a user experience that is (generally) slick and intuitive, while providing accurate price feeds for a massive range of crypto coins and tokens.

 

There are iOS and Android versions and it’s free to download. Getting started is easy, though there’s just one minor UX hurdle that needs a moment or two to figure out. Adding coins is simple, but sometimes the app is just a little bit too clever for its own good. It’s designed to allow you to reallocate assets within your portfolio – e.g. sell LTC for BTC – and track valuation up to and from the time of the exchange. If you’re using it for that purpose, fine, but if you just want a summary of your portfolio it’s a bit much. You can simply edit coin entries directly, but you’ll need to swipe right to the ‘Holdings’ menu and change it there, rather than alter it on the main screen for that entry in your portfolio.

 

But in general, this is by far the best and easiest way to keep up to date with the crypto markets and how they affect you. You can also access news, receive price signals and get alerts for specific events.

 

Be warned, though: in critical market conditions you’re likely to find yourself checking the app multiple times per day. It can get dangerously obsessive. You’ve been warned.

Find out more at https://blockfolio.com/.

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