Cryptowatch Crypto Portfolio Tracker Review: Is It Safe and Legit?

Cryptowatch Crypto Portfolio Tracker

Cryptowatch boasts of a powerful terminal for charting and trading. The company provides a single interface for scanning prices, evaluating market momentum, and executing trades on the exchanges. You can keep track of the components of your portfolio in real-time at the 12 exchanges the company supports.

What is Cryptowatch?

This crypto platform is part of the Kraken exchange and was created by Artur Sapek in 2014. There are no details related to the location of the company. Other than mentioning Kraken exchange owns the company and Artur Sapek, is the founder, there is no further info present. We could not find info on the members, their expertise, their experience, and other relevant details. The absence of member info makes us suspect the reliability of the platform.

How does Cryptowatch work?

As per the company info, the platform works by enabling an easy and hassle-free crypto platform that offers multiple functionalities. The in-built features allow you to manage, trade and track your assets from a single platform. 

How to use Cryptowatch?

Follow these steps to get started with the tracking platform:

1. Create an account 

2. Set your phone number and billing details

3. Set up the multi-factor authentication

On completion of the above steps, you can create price alerts, connect to your exchange accounts,    track your portfolio, and other features.

Security of Cryptowatch

For ensuring the privacy and security of user data, the company provides features like data encryption at rest and encryption of all traffic to the site and APIs. The firm uses multi factor authentication when you want to import API keys. U2F and TOTP are other methods used by the company.

What crypto exchanges does it support?

A list of the exchanges it supports is presented below.

Deposits & withdrawals

The company does not allow deposit and withdrawal features. 

Cryptowatch fees

Pricing packages for using the service ranges from the free account registration up to the Standard, and Derivative packages. 

Besides the above three subscription plans, the company also has customized pricing options that allow you to choose the features and pricing as you require them. For instance, the alerts cost $1 per alert, $2-15 per 1000 requests, 120 per GB Bandwidth, and more. 

Quick summary of Cryptowatch

According to the info from the vendor, this is a trading platform supporting multiple exchanges.  Some of the main features focused on by this company are listed below:

Pricing

The company does not have a transaction, deposit, or withdrawal facility, hence there are no fees related to these transactions.

Key details of Cryptowatch

HeadquartersN/A
Founded in2014
Listed CryptocurrencyBTC, ETH, SAT, KRW, USDT
Supported Fiat CurrenciesUSD, EUR, AUD, CAD, GBP, HKD, IDR, JPY, MYR, NGN, PLN, RUB, SGD, ZAR
Trading PairsN/A
Supported CountriesN/A
Minimum DepositN/A
Deposit FeesFree tier, Standard($2500 per month), Derivative($3500 per month)
Transaction FeesN/A
Withdrawal FeesN/A
Customer SupportMail and an online contact form

Customer support

For contacting support, the vendor offers a support form, an email for making inquiries, and Kraken’s Bug Bounty section for complaints related to security.

Is Cryptowatch legit?

We found one feedback for the company on the Trustpilot site with a rating of 3.7/5. As per the review, the service is good and helps with all crypto assistance you need. The security features and the presence of the company since 2014 are positive aspects that favor its legitimacy.