FTX (formerly Blockfolio) – Best Portfolio Tracking App for Crypto Traders
FTX (formerly Blockfolio) is the definitive mobile application for cryptocurrency portfolio management. Trusted by millions of traders worldwide, it provides real-time tracking of your digital assets across all major exchanges and wallets. Its standout feature, Signal, delivers direct updates straight from crypto project teams, ensuring you never miss critical announcements. Designed for both novice and experienced traders, this free app consolidates market data, news, and portfolio analytics into a single, intuitive dashboard on your smartphone.
What is FTX (formerly Blockfolio)?
FTX (formerly Blockfolio) is a specialized mobile application built exclusively for cryptocurrency investors and traders. Its core function is to aggregate and display the real-time value of a user's cryptocurrency holdings across multiple exchanges and wallets. Beyond simple tracking, the app integrates price alerts, market news, and—most notably—the 'Signal' feature, which provides official communications from hundreds of blockchain projects. Acquired by the FTX exchange, it combines the robust tracking of Blockfolio with the ecosystem of a major trading platform, serving as an essential companion tool for anyone actively involved in the crypto markets.
Key Features of FTX (Blockfolio)
Multi-Exchange Portfolio Tracking
Connect and sync your accounts from leading exchanges like Binance, Coinbase, Kraken, and FTX itself. The app automatically calculates your total portfolio value, profit/loss per asset, and overall allocation, giving you a unified view of your crypto wealth without manual entry.
FTX Signal for Direct Project Updates
This exclusive feature allows verified cryptocurrency projects to send official announcements, development updates, and news directly to their followers within the app. This cuts through social media noise and provides trustworthy information, crucial for making informed trading decisions.
Real-Time Price Alerts & Notifications
Set custom price alerts for any of the thousands of tracked cryptocurrencies. Receive instant push notifications when assets hit your target prices, enabling you to act swiftly on market movements directly from your phone.
Comprehensive Market Data & News Aggregator
Access detailed charts, order book data, and a curated feed of the latest cryptocurrency news from reputable sources. Stay informed on market trends and global events that impact asset prices, all within the same application.
Who Should Use FTX (Blockfolio)?
FTX (Blockfolio) is ideal for any cryptocurrency holder who wants to monitor their investments actively. This includes day traders and swing traders who need real-time price alerts, long-term 'HODLers' who want to track portfolio growth and receive project updates, and investors who use multiple exchanges and desire a consolidated portfolio view. It's equally valuable for beginners learning the markets and seasoned professionals who require reliable, direct information from project teams to guide their strategy.
FTX (Blockfolio) Pricing and Free Tier
FTX (Blockfolio) operates on a completely free-to-use model for its core portfolio tracking, alerting, and Signal features. There are no subscription fees, tier limits on the number of tracked assets, or charges for connecting multiple exchanges. The app generates revenue through its integration with the FTX exchange ecosystem, offering users a seamless path to execute trades if they choose. This makes it one of the most accessible and powerful free tools available for crypto portfolio management.
Common Use Cases
- Tracking altcoin portfolios across Binance, Coinbase, and decentralized wallets
- Receiving official announcement alerts for DeFi and NFT project investments
- Monitoring crypto portfolio performance during high market volatility
Key Benefits
- Make faster, more informed trading decisions with direct project communications via Signal.
- Save hours of manual tracking by automatically syncing balances from all your exchange accounts.
- Never miss a crucial market move with customizable, real-time price alerts delivered to your phone.
Pros & Cons
Pros
- Completely free with no hidden fees or premium paywalls for core features.
- Unparalleled access to official project updates through the exclusive Signal network.
- User-friendly interface that simplifies complex portfolio management for all skill levels.
- Robust security focused on read-only API keys for safe exchange connections.
Cons
- Functionality is primarily mobile-focused, with limited desktop or web interface options.
- Advanced charting and technical analysis tools are less comprehensive than dedicated trading platforms.
Frequently Asked Questions
Is FTX (Blockfolio) free to use?
Yes, FTX (Blockfolio) is completely free. There are no charges for portfolio tracking, price alerts, or receiving Signal updates from cryptocurrency projects. Its revenue model is based on its connection to the broader FTX ecosystem.
Is FTX (Blockfolio) good for tracking a DeFi portfolio?
Absolutely. While it excels at tracking exchange-based holdings, you can also manually add DeFi tokens and liquidity pool positions. Combined with Signal updates from DeFi projects, it's an excellent tool for monitoring a diversified DeFi investment strategy.
How does FTX Signal differ from regular crypto news?
FTX Signal provides verified, direct communication from the official teams of listed projects. This eliminates the risk of misinformation from third-party sources or social media, delivering announcements about listings, partnerships, upgrades, or security incidents straight from the source.
Can I trade directly from the FTX (Blockfolio) app?
The app primarily focuses on tracking and alerts. However, through its integration with the FTX exchange, users can be directed to the FTX platform to execute trades. It serves as a powerful research and monitoring companion that seamlessly connects to a trading execution venue.
Conclusion
For cryptocurrency traders seeking a powerful, free, and mobile-first solution to track their portfolios and stay ahead of market news, FTX (formerly Blockfolio) remains a top-tier choice. Its unique Signal feature provides a competitive edge by delivering unfiltered information directly from project teams. While power traders may still need advanced desktop platforms for execution, FTX (Blockfolio) is indispensable for real-time monitoring and informed decision-making on the go. It successfully bridges the gap between portfolio management and actionable market intelligence.