CoinStats Review – Can We Trust New Crypto Analytics Features?

As can be seen, the CoinStats app is trusted by millions of traders worldwide. According to the company’s T&Cs, the whole business is operated by Innoma LLC, a company registered in Armenia.

Since 2017, this firm has been developing software solutions for various industries. Overall, the CoinStats project appears to be quite profitable. To learn about all the features, pros, and cons, read this CoinStats review carefully.

CoinStats General Information

With numerous new features CoinStats was developing, it quickly gained popularity after its founding. Being able to monitor cryptos across multiple platforms, do an in-depth analysis, and still do that securely made a big difference in the crypto world. All these and many more features are available with their portfolio tracker.

In addition, with a non-custodial wallet, the company made it an all-in-one platform where traders don’t need anything else. With more than 300 wallet integrations and numerous DeFi protocols, the platform covers all traders’ needs. Still, it’s not as flawless as some might expect.

CoinStats Reviews

Currently, the company advertises Trustpilot with an average rating of 4.8. However, the rating dropped to 4.7 recently. Even though it doesn’t mean a big change, a few traders have reported quite poor customer support service. Traders should keep this in mind if they have any issues within the platform.

If you are still exploring your investment options, it’s worth checking our AI2Trade and OptionStack reviews as well.

Key Features and Pricing

With more than five years of development, the company expanded its services to a wide range of features. One of the main ones is definitely the CoinStats crypto tracker. With this app, traders can get instant market insights, manage CeFi, NFT, and DeFi assets, use price alerts, analytics, and much more.

The company offers four different pricing plans to match anyone’s needs. Most importantly, there’s a free plan and also a trial version if traders choose an annual plan instead of a monthly one. Currently, available plans are: 

• Free – $0
• Premium – $15.99 per month or $13.99 for annual payments
• Degen – $89 per month or $62.91 for annual payments
• Team – Custom

In case you are paying with cryptos, you can also get a lifetime subscription to the plan. These options include:

• Premium – $399
• Degen – $2.600

Supported Wallets

The company claims to offer integration with more than 300 wallets. The most important integrations are the CoinStats MetaMask and CoinStats Binance, as those are the most popular ones. Traders can also register for a proprietary wallet.

This platform has something for everybody, with more than 1000 DeFi protocols on more than 10 chains and more than 20,000 cryptocurrencies.

Buying and Swapping Cryptos

Another great option with this company is the CoinStats swap. While using the free plan, traders will have swap rates applied. Every other plan offers 0% swap commissions. That’s something traders should keep in mind while using these services. 

CoinStats’ buy and sell options are all done via a third-party platform. It’s called Unlimited Crypto. In general, the company covers all aspects of your needs. However, traders can only invest in cryptos and NFTs through this platform. It’s still better to keep investing with brokers for more advanced investments and diversified portfolios.

Key Disadvantages Even With Premium CoinStats Pricing Plans

Even though the company has a wide range of advanced features, there are some flaws as well. Generally, the number of traders experiencing issues over time can be higher unless the problem gets solved. In any case, that’s enough for that specific group to keep looking for better alternatives. 

The company’s integration with certain wallets doesn’t work as it should. Some examples of those are Ellipal (announced as the most reliable cold wallet option), Zengo, and Tangem. With these wallets, traders have to manually add their assets instead of using the automatic procedure.

Another problem with the CoinStats app could be noticed during the wallet synchronization. It seems that the validation is not up to the top-notch level with the same providers mentioned.

Last but not least, staking balances are not available in the app’s current version. Despite all the advanced features, this option is still not automated. Therefore, once you complete the CoinStats login process, you have to do it manually.

Summary: Crypto Investing or Funded Trading

With huge volatility and uncertainty with cryptos, these are still considered highly speculative investments. Even though staking cryptos can be truly a whole grail at some point, all traders know they shouldn’t keep all eggs in one basket. That’s why trading other assets like commodities, stocks, and indices can be truly effective in the long run.

Not to mention the availability of funded programs with proprietary firms where traders don’t risk their own capital into the market. Instead, they are using the company’s funds once they pass the evaluation stages. An example of such a company is Funded Trading Plus. With various promotions, giveaways, and educational programs, you can easily raise your trading experience to the next level.

It’s definitely a company worth checking. Once you get blown away by their reviews and wide range of features, let us know how you liked them. Check out the Funded Trading Plus right away and maximize your returns while waiting for some cryptos to skyrocket.

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