In this Blockfolio review for 2021, I’ll cover everything about the popular cryptocurrency tracking mobile app. Including who they are, the features, and supported assets.
What is Blockfolio?
Blockfolio who launched in 2014, is a well-known place where over 6 million people currently track their cryptocurrency portfolios. This is all done via a mobile app which is available from the App Store or Google Play.
Users can track the price of various cryptos and the performance of their holdings whilst getting the latest news and team updates.
Since their acquisition with FTX, Blockfolio has also added trading to their app. Where you can trade crypto and tokenized stocks with zero fees. Not only that, but you’ll earn a free coin for every trade over $10.
Blockfolio Acquired by FTX
In August 2020, Blockfolio announced that they were joining forces with FTX as part of a $150 million deal. At the time they also hinted at launching a retail trading experience, powered by FTX. True to their word, in January 2021, Blockfolio released an update to including “Trading” giving users the ability to trade crypto and stocks at zero fees.
Who are FTX?
FTX launched in 2019 and are a Hong Kong-based cryptocurrency derivatives exchange which they state was built by traders, for traders. FTX users can trade in a wide variety of markets which include spot, futures, stocks, leveraged tokens, volatility, prediction and FIAT.
Plus they have their own FTT exchange token. You receive lower trading fees for holding FTT on FTX. Plus you can use FTT as collateral for all futures on FTX, meaning you can hold your capital on FTX in FTT and still trade with it.
Blockfolio Supported Assets
Blockfolio currently supports over 10,000 cryptocurrencies and blockchain assets with over 500 different exchanges with the list being continually added to, meaning that you’ll always be getting the latest prices and market data.
Track and Manage your Portfolio
The “Track” tab allows users to organise their holdings and create watch lists across an unlimited number of portfolios. Plus you can stay up to date with exchange and global average pricing with support for over 10,000 coins.
With Blockfolio, you can add your holdings manually creating buy, sell and transfer transactions. Or add Exchange connections, where you can automatically sync balances and transactions.
Trade Crypto & Stocks with Blockfolio
Users of Blockfolio can use the Trade tab, to trade the likes of cryptocurrencies and stocks at zero fees. Not only that, but you’ll earn a free coin for every trade over $10.
The Trade functionality (powered by FTX) allows both US and international users to trade on Blockfolio. Simply deposit your funds with FIAT currencies such as USD, BRL, AUD and EUR via Wire or Bank Transfer or via Credit Card. Or deposit your crypto via a QR code or crypto address to get started.
Users can then trade between cryptocurrencies including Bitcoin, Ethereum and XRP and tokenised stocks like Airbnb, Apple and Tesla.
To enable trading within the Blockfolio app, users will need to register and complete an element of KYC. This includes entering their personal details such as email and physical address and uploading photo ID.
Get Latest Signals & News
The “News” tab brings you the latest news from a variety of publishers which you can pick and choose from.
You’ll also automatically receive the latest real-time Blockfolio Signal updates. Blockfolio Signal is a unique communications platform built just for token teams to connect and engage with their communities.
Over 500 team leaders actively broadcast on Signal. Including leaders from DASH, Ethereum Classic, Kyber Network, NEO, NEM, Maker, 0x, ZCash, and many more.