In this post:
- CoinStats has partnered with SPACE ID to simplify portfolio tracking as many users are increasingly using domain names.
- This partnership allows users to track and manage their investments with a simple handle easily.
- Wallets connected to CoinStats with domains surged in 2024
CoinStats, a leading crypto portfolio tracker, has partnered with SPACE ID, a top Web3 domain service, to simplify portfolio tracking as many users are increasingly using domain names.
CoinStats’ million-plus users, monitoring over $100 billion in assets through the crypto portfolio management service, will now also be able to manage their crypto portfolio using easy-to-remember SPACE ID domain names instead of cumbersome, long, and complicated wallet addresses.
Through this partnership, users can easily track and manage their investments with a simple handle such as “jane.bnb” for the first time.
The mutual vision of CoinStats and SPACE ID laid the foundation of their partnership.
“By integrating with CoinStats, we’re expanding the number of use cases for SPACE ID domains as we continue to build a unified name service that seamlessly connects the entire Web3 ecosystem,” said Harrison Seletsky, Director of Business Development at SPACE ID.
Portfolio tracking is more than just a necessity; as crypto investing starts to be more complex it is increasingly essential. He added, “We’re excited that SPACE ID is now part of this journey with sector leader CoinStats.”
“Our mission is to make it simpler for both new and seasoned crypto investors to keep track of their portfolio holdings,” says CoinStats Founder and CEO Narek Gevorgyan.
“We’re excited about our integration with SPACE ID because the team shares our vision of making crypto and DeFi more accessible and user-friendly.” He added that this partnership “can help users avoid costly mistakes and keep their finger on the pulse of the market, saving them hours of getting lost in multiple Excel spreadsheets.”
Wallets connected to CoinStats with domains had significant growth
CoinStats’ users can view balances from multiple wallets in one place, supported by more than 120 blockchains and 1,000+ protocols. They dashboard access to view portfolio performance, transaction history, asset allocation, and market trends. It even allows SPACE ID users to follow and track the portfolios of other SPACE ID domain holders for a simpler way of copy trading.
Domain name use in CoinStats has significantly increased. Connected via domains, wallets rose from 450 in October to 4,600 in December 2024 (a 922% increase). This happened because prominent wallets, such as Phantom and Coinbase, introduced username features.
There was also a significant spike in CoinStats traffic during a bullish Bitcoin market. SPACE ID’s goal is to fast-track this trend and further popularize Web3 domains.