Cryptocurrency is one of the hottest topics in the world right now and this new form of currency looks set to change the shape of things to come. From what started out as a pipe dream, cryptocurrency like Bitcoin has proven to the world that it is a able alternative to traditional money and more and more investors and businesses are getting on board with the varying cryptocurrencies that are out there.
As an indication of this, Bitcoin’s price has risen in just over 4 years from a value of around $40 each, to $5000 each, a huge increase which nobody saw coming. Thanks to this increase in popularity and knowledge of cryptocurrencies, more people are looking to get i on the action and today we are going to review an application which allows you to buy Bitcoin, direct from your phone. Let’s take a look at Blockfolio to see how it stacks up.
What is it?
The idea of this application is to offer users full management of their cryptocurrency portfolio, users can check prices in real time, manage their investments as well as being able to buy and sell cryptocurrency in the drop of a hat.
Having made my way through 5 or 6 of these types of applications already, I was very happy to find that the interface on Blockfolio was far more user friendly than its competitors. Here you will see no aggressive advertisements or annoying pop-ups, but instead a well put together and non-congested overview of what is going on with your investments. The menus and the categories are easy to see, you can simply filter various searches and all-in-all, the inert face is super easy to use and friendly on the eyes too.
I love the fact that the application will allow you to set alerts for when the prices of your investments or your potential investments move up and down. Simply set your alert for a certain dollar amount and you can sleep safely knowing that the app will wake you up should anything go up or down.
The holdings section of the app is really the best place togged an overview of your positions and in a one page image, you can see exactly what is going on. As with other areas of the app, it is the simplicity which makes Blockfolio so good and I love the fact that it shows your gains and losses at the top of the screen to keep you on point.
Unlike the competition, Blockfolio features a really extensive news section of the app which you can filter into whichever crypto you are looking to find out about. I have not had any dealings with customer service but they look simple enough to get in contact with and you can find a phone number and email address within the application.
I absolutely lobe this app and I have been using it for around 5 months now without a single glitch, I can manage my portfolio easily and the app seamlessly does everything that it says it will, I give this 5 stars and I would encourage you to download it.