In this Blockfolio review, I’ll explain how to use Blockfolio the most popular cryptocurrency tracking app. Since their acquisition from FTX in 2020, they have expanded the range of features available on their app. I will explain how you can buy and sell cryptocurrencies, stocks, and now NFTs. This is in addition to Blockfolio’s well-known features for managing and tracking your crypto portfolio.
What is Blockfolio?
Blockfolio which 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 its acquisition by FTX, Blockfolio has also added trading to its app. Where you can trade crypto, tokenized stocks, NFTs and FIAT currencies. Not only that, but you’ll earn a free coin for every trade over $10.
FTX Acquires Blockfolio
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 include “Trading” giving users the ability to trade crypto and stocks at zero fees.
FTX launched in 2019 and is 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.
For more information on FTX, you can check out our detailed FTX Exchange Review.
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.
You can also buy cryptocurrencies, such as Bitcoin, Ethereum, or Dogecoin. You can trade for tokenized stocks including the likes of Airbnb, Coinbase, and Tesla. Alternatively, you can buy or bid for NFTs with dollars or stablecoins.
Blockfolio Track & 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.
Blockfolio Buy Crypto, Stocks & NFTs
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 when you use my Blockfolio referral code: 9202836 at sign-up.
The Trade functionality (powered by FTX) allows both US and international users to trade on Blockfolio. Simply deposit your funds with FIAT currencies via Wire or Bank Transfer or via Credit Card. Or deposit crypto via a QR code or address to get started.
Users can then trade between cryptocurrencies including Bitcoin, Ethereum and XRP and tokenised stocks like Airbnb, Apple and Tesla.
Blockfolio has also introduced NFTs as a tradeable asset on their app. With Blockfolio, you can browse and interact with NFTs listed on different marketplaces. NFTs can be bought or bid for and deposits can be made by card, wire transfer or USDC.
Blockfolio 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 Signal updates. The 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.
How to Sign-Up to Blockfolio
The Blockfolio mobile app is available from the likes of Google Play for Android or the Appstore of iPhone users.
- Download the app from Google Play or Appstore
- Press on “Get Started” and “Register”
- Create your username and provide an email address for verification.
To enable deposits and withdrawals within Blockfolio, 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 a photo ID.
How to Sync Exchanges with Blockfolio
To connect, you’ll need the API keys from the exchange that you want to connect. With each exchange, the process will be slightly different and there will be different options you’ll need to select to ensure your synchronisation is successful. So, it’s worth checking out the FTX “How-to-guides” for each exchange.
How to Sync Binance Exchange to Blockfolio
- Within Binance, under your “Profile”, choose “API Management”
- From here you can “Create New Key” where you’ll be provided with API Key, Secret Phrase and associated QR code.
- You’ll need to make sure that the options at the bottom of the screen are ONLY set to read-only permission. If you select anything other than this, the synchronisation will fail.
- Copy and Paste the API Keys (or QR code) from Binance into Blockfolio.
- Allow for 10+ minutes for the connection to establish.