If you have been keeping a close eye on our website, you will remember we talked about the revival of Cryptcoin a little while ago. With a brand new team taking over the coin, huge announcements will be coming out sooner or later. And CRYPT did not disappoint in that regard, as they have just announced Cryptwallet, the most advanced coin portfolio app.
Ever since the new team is running Cryptcoin, we have seen one major announcement so far. About two weeks ago, they added a new developer to the team in the form of Zach Holmes, developer of popular Android application zTrader. Furthermore, it was announced Mr. Holmes would be working on a secret project, and it looks like that project has now been unveiled.
Cryptwallet is the very first project for the new CRYPT team, and they really want to make a good impression on the cryptocurrency community. While there are many avenues to explore when it comes to creating something useful for digital currency, it’s hard to please everyone. However, creating a coin tracking portfolio application might be beneficial to more people than we think.
Not only will Cryptwallet show you the profits and/or losses you have made for each individual coin in your portfolio, but it also includes trading alarms, TA charts and wallet/market performance features. By the sound of it, this might be an application even I would use, and that’s saying something.
One of the most interesting aspects of Cryptwallet will be the tracking of multiple coins across different exchanges. As I have coins spread out over multiple exchanges, it’s hard to get a total portfolio value at any given time. With the Cryptwallet application, this should no longer be an issue, so I’m curious to see how the Cryptcoin team handles that feature.
Speaking of exchanges, as a user you will need to add all of your relevant exchanges just once, and the Cryptwallet application will do all the rest. Manual adjustments will be possible, and you can also calculate average cost per coin where applicable.
While I do look a lot at charts during the day, both for my own portfolio as well as for writing articles, it’s not the easiest job in the world to get a decent chart on your smartphone. Maybe I’m just too lazy to keep pinching and zooming until I get it just right, but Cryptwallet might help us out on this front as well. The latest chart data appears by clicking on a specific coin’s row, and a more advanced analysis can be accessed through full screen view.
I did mention trading alarms a little while ago. Cryptwallet allows users to set alarms when certain trading values are hit per coin, which means you will be notified any time one of your alarms is triggered. Even if you wouldn’t have access to a computer, trading can still be executed from the application, so you can really take your portfolio with you wherever you go.
Do keep in mind the Cryptwallet application is still in development. A lot of work in regards to most of the coding, the design, layout and action bar menu have been completed. No official ETA has been provided for the release of this application, but we will keep an eye out for further updates.