How to Calculate Cryptocurrency Worth

  • CoinTracking
  • Coinmarketcap
  • Coinbase
  • Blockfolio
  • Bitgur

Investors in cryptocurrencies need to know what their investment is worth, so below are five online tools for calculating the worth of your cryptocurrency. Bitcoin is the cryptocurrency that gets all the mainstream attention, but there are now well over 1,000 cryptocurrencies in circulation including Ethereum, Ripple and Litecoin. The tools below will help investors stay abreast of the current market situation in the cryptocurrency of their choice.

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1. CoinTracking

Cointracking.info is one of the most popular and most advanced sites for calculating the worth of cryptocurrency. It has a number of advantages over other tools and combines a clean interface with a huge number of features. It is possible to import to CoinTracking from a number of wallets and exchanges, and the site offers a free plan as well as two levels of paid plans. Paid plans offer perks like a tax report tab and automatic API.

2. Coinmarketcap

Coinmarketcap is another of the top trackers, and it has been around for what counts as a long time in the world of cryptocurrencies. A user-friendly site, it also offers a huge amount of data such as a seven-day price graph, 24-hour trading volume, percentage change over the last 24 hours and more. This detailed information can be accessed by navigating to the front page of the site, where the top 100 cryptocurrencies are listed based on market capitalization, and clicking on each one. Similar information for lesser-known currencies is available on subsequent pages.

3. Coinbase

Coinbase does more than just track the worth of cryptocurrencies. It is also a platform for trading and investing, but it’s getting attention from venerable financial outlets such as Bloomberg and Forbes, where it was named one of the best overall investment apps for 2018. Coinbase is aimed at offering experienced, accredited investors who may be new to the world of cryptocurrencies an opportunity to invest in several of the largest digital currencies.

4. Blockfolio

For people who like to track their portfolios on the go, Blockfolio is one of the most popular apps for calculating the worth of cryptocurrencies. It is available for Apple and Android and has an easy-to-use interface. In contrast to some of the tools listed above, it is fairly simple in its offerings, but that simplicity makes it easy for people to take a quick look at their portfolio on their phones whenever they need to.

5. Bitgur

Bitgur is a relatively new entry to the world of online tools for calculating cryptocurrency worth and has a similar structure to Coinmarketcap. However, it has an additional unique feature, and that is the ability to filter results for cryptocurrencies based on technology, year and category type. This means that investors can customize their searches based on their focus. There are additional features such as a volatility index and Bitgur’s own BTC fee prediction tool.

The world of cryptocurrency is a fast-changing one, and at any given time, a number of startups are looking to throw their hats into the ring with their own tools and apps. It’s worthwhile for traders to keep an eye on what new online tools for calculating the worth of cryptocurrency that people are talking about since new and innovative solutions are rolled out regularly.