WhichCoin

WhichCoin is a service aimed at cryptocurrency investors that offers price alerts via text message.

Investors can use the service to make sure they don't miss a sudden rise or fall in their portfolio's value. The site also includes two related services: a portfolio calculator, and a Twitter search that reveals which currencies' pages a given user follows. While these sorts of services have been in many investors' toolboxes for a long time, WhichCoin is remarkable because of its simplicity and the sheer volume of cryptocurrencies it supports.

WhichCoin's Team

WhichCoin provides no information whatsoever about its development team. The service appears to be very recent, launched in early 2018. WhichCoin does not appear to have any social media pages, and it has not yet received any coverage from online publications.

WhichCoin's Technology

WhichCoin's primary product is a web platform that allows users to create custom alerts for cryptocurrency price points. To create an alert, users select a currency, enter a price point, choose “above” or “below” that price, and enter their phone number; afterwards, they'll receive an automated text message if the conditions are ever met.

In addition to its alerts service, WhichCoin includes a portfolio calculator page, allowing users to quickly determine the worth of their entire cryptocurrency holdings based on current market prices. WhichCoin's other tool is a Twitter search feature, which allows users to discover which currencies' Twitter pages are followed by influential accounts; for example, it reveals that Tyler Winklevoss follows the pages for five popular cryptocurrencies.

WhichCoin Service Details

WhichCoin is ostensibly free to use. While the website's interface is very cleanly designed and free of clutter, it does omit an important detail: a privacy policy and terms of service page. Though the only information required to use the service is a phone number and email, there's no legal document stating that the company won't sell or otherwise misuse your information.

WhichCoin is notable because of the amount of cryptocurrencies it supports: users can receive alerts for at least 1,256 different currencies. Currently, users can only create alerts for price points measured in either USD or Bitcoins, but the developers may add more in the future to help appeal to an international audience.

WhichCoin Verdict

WhichCoin provides an important and easy-to-use service that many investors will find invaluable. Many day traders have used this sort of program for a long time, and often take it a step further by programming automated trades when their price points are crossed. However, for casual traders who aren't actively monitoring the markets all day, this could be an important tool that prevents significant losses or helps identify lucrative opportunities. The site's other tools – its portfolio calculator and Twitter search feature – could also prove very useful.

The only concerning aspects about WhichCoin are its lack of a privacy policy or terms of service, and the fact that no developers are identified; though no sensitive information is required to use the service, email addresses and phone numbers could still become the targets of unwanted spam marketing.

1 COMMENT

  1. It’s a nice innovation from Whichcoin except that it joins the same features of my world-cryptos broker. My broker allows me to have a regular financial news in real time and personalized assistance at any time. Which means that at the slightest difficulty, I get closer to him for reliable information. I hope all other brokers will be able to offer such options to their investors.

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