CoinStats Crypto Portfolio Manager Review: Is It Safe and Legit?

CoinStats is introduced as the most trusted portfolio manager platform. It allegedly has 1.5+ million users from across the globe. So far, the app has facilitated more than 500 million transactions, and is currently managing over $500 billion in portfolios. 

What is CoinStats?

CoinStats was founded in 2017 by Narek Gevorgyan. The software provides various features that can benefit traders who are looking for portfolio tracking solutions. 

How does CoinStats work?

CoinStats is a crypto portfolio management platform that allows you to track, transact, and manage cryptocurrencies and DeFi assets on multiple exchanges. The software also provides a single wallet to purchase, sell, swap, track, and earn on your crypto. 

How to use CoinStats

To start using CoinStats, follow these steps:

1. Click on the ‘Get Started’ icon found on the homepage.
2. You will be required to sign up using your email or continue the process on Twitter, Facebook, Google, or Apple store.
3. Your account with CoinStas is then created.
4. Verify your email. Just go to your email and open the verification message sent to you and click on the ‘verify email’ button. Alternatively, you can copy paste the link attached into your browser.
5. That’s it! 

Security of CoinStats

The app is described as secure. The parent company asserts that it values users’ privacy, and that’s the reason it utilizes the most advanced military-grade encryption to safely store data. CoinStats also applies several additional measures to safeguard from both inside and outside threats. 

What crypto exchanges does it support?

CoinStats supports many crypto exchanges. Some of them include Kucoin, Coinbase Pro, Kraken, Bitfinex, Binance, Bittrex, Latoken, Hotbit, Bitrue, Upbit, etc. 

Deposits and withdrawals

While using the app is free, you will incur deposit and withdrawal costs depending on the service used. These charges are meant to cover the costs of moving different cryptocurrencies. 

CoinStats fees

Here are the fees you will find on the platform:

Network (gas) fees

This is a fee charged to cover the computing energy needed to process and verify transactions on the blockchain. 

Cryto-to-Crypto exchange fees

This refers to the fee needed to successfully carry out a transaction on the blockchain. 

Quick summary of CoinStats

The app features the following:

• Portfolio for tracking cryptocurrencies
• Portfolio analytics and alerts
• Crypto-related news
• Coin insights and alerts
• One dashboard to track all crypto and DeFi assets
• A crypto wallet

Pricing

The vendor is offering various pricing options for CoinStats — monthly and annual plans. Both offers provide Pro and Premium versions that come with a variety of features. For the $4.99/m, or 3.49/per month/paid annually, the Pro version offers, 10 exchange connections, 10 wallet connections, up to 1000 transactions, coin insights, and unlimited access to CoinStats on iOS, Android, and many other platforms. 

If you want the Premium version instead, then you will pay more — $19.99/m or $13.99 per month/paid annually, and receive more features as seen below. Special packages are also available for trading communities with over 10 members. You can decide to try the free trial to see how it will work for you first, though. 

If you have bought digital/hard goods/subscriptions from CoinStats and are unsatisfied with any of the products, then you can ask for a refund. The vendor will send all or part of your money back if you make the request within 30 days of purchase.

Key details of CoinStats

Customer support

Different customer support options are available. We have the help center, mail, live chat, and feature request. So, you can choose any of the methods you feel will better address your queries.

Is CoinStats legit?

CoinStats is a legit platform. The app has a 4.9/5.0 rating on Trustpilot based on 1035 reviews. This is a clear sign that traders are using and benefiting from it.