Managing a portfolio consisting of traditional assets can be done through a wide range of tools. When it comes to cryptocurrencies, traders do not have access to the same level of infrastructure, which makes crypto portfolio management a more tedious process for beginners.
To begin with, the crypto market is highly fragmented at all levels. There are dozens of crypto exchanges to choose from, while digital currencies reside on different blockchain networks, each with its own nuances. For novice crypto traders, fragmentation hinders the smooth onboarding process. Experienced traders are also affected too, as they cannot enjoy a seamless trading experience.
Registering with each crypto exchange to take advantage of its benefits and incentives means having multiple different crypto addresses, which often makes real-time monitoring an impossible task. In addition, the volatile nature of crypto assets makes it difficult to catch up with the market when traders want to open or exit positions.
For traders who want to simplify their trading experience, there are specialized services that aggregate multiple major exchanges and various crypto wallets, both custodial and non-custodial. This allows them to monitor their exposure from a single dashboard.
One of the current solutions is GoodCrypto, an all-in-one crypto portfolio manager and trading terminal with access to multiple exchanges. Today, the platform supports 35 major crypto exchanges and continues to expand its ecosystem. Additionally, GoodCrypto supports 15 leading blockchains, including Bitcoin (BTC) and Ethereum (ETH).
Source: GoodCrypto
Maksim Hramadtsou, founder and CEO of GoodCrypto, explained:
“Our goal is to provide access to advanced trading tools on any crypto
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