Spot Launches Crypto Portfolio Tracker App to Sync with Wallets and Exchanges
A new cryptocurrency portfolio tracker app called Spot has just launched. The well-designed app displays your cryptocurrency holdings in a colorful and clear way – and in the future, you’ll be able to manage your crypto holdings directly from the app.
You can download Spot for iOS and Android today through the official website at https://spot.so/
The app’s development team also recently raised $1.2 million in funding to expand the features even further in the near future.
Today, Spot functions like a typical cryptocurrency portfolio tracker app. However, the company’s co-founder and CEO is careful to distinguish Spot from the dozens of other portfolio tracking apps out there.
“Spot’s vision isn’t to build a portfolio tracker,” explained Spot co-founder and CEO Edouard Steegmann in an interview with TechCrunch. “We went a bit overboard with this feature.”
“Eventually, we want to become the app to manage all your cryptos, a sort of Revolut but with a crypto DNA”.
Another thing that distinguishes Spot from certain other portfolio tracking apps is its ability to add your crypto holdings simply by submitting your public wallet address. You add your public address, and Spot scans the wallet to determine your holdings. Your holdings are tracked and updated over time.
The public address adding feature also means that Spot lets you add hardware wallets and crypto you store in other sources.
After connecting all of your crypto accounts, you will get detailed, colorful charts featuring your cryptocurrency holdings and how they change over time, including which cryptocurrencies are performing better than the rest.
Overall, Spot is as well-designed as other cryptocurrency apps. The minimalistic interface displays just the right amount of information without overwhelming users. There is color to emphasize certain price movements – but color isn’t over-used to a point where color becomes meaningless.
Another important difference between Spot and other crypto price apps is that Spot doesn’t rely on an API to get pricing information for each token. Spot’s development team built CoinMarketCap from the ground up. Today, Spot stores pricing information for dozens of tokens across 150 exchanges, allowing Spot to remain in control of its crypto pricing delivery system.
You can tap on the Spot logo at the top of the app to view the maximum value of your portfolio if you cashed it out today on exchanges at the highest possible prices. This is similar to how other cryptocurrency portfolio tracker apps display pricing information – although a little more optimistic.
Spot has received the funding it needs to continue to grow over time to expand its features. The company raised a $1.2 million round, according to TechCrunch.
The next features to be added to the app include the ability to buy and sell your own cryptocurrencies directly within the app. Instead of tracking your cryptocurrencies through one app, selling them in another app, and storing them in a third app, Spot wants to let users do all three. Spot’s users will be able to transfer, receive, buy, sell, and track cryptocurrencies from within one easy interface.
Spot’s official website can be found today at https://spot.so/. The app is available to be downloaded today for iOS and Android.