The cryptocurrency asset management industry is growing rapidly and is expected to hit $9 billion by 2030, with a compound annual growth rate (CAGR) of 30.2%. The recent COVID-19 pandemic has helped accelerate the adoption of digital assets and management solutions. It is estimated that by 2021, nearly 50 million people in the United States will have some form of cryptocurrencies in their portfolios. With the increasing awareness of cyber threats, financial institutions, businesses, and government authorities are taking notice of this new trend.
Individual users, meanwhile, have increased the number of users. The use of cryptocurrency has increased the demand for crypto asset management solutions, as mobile phone users use them for utility and entertainment purposes. Multiple utility mobile applications can help individuals manage various tasks and often need access to personal data. For example, social media is a major source of sensitive data that is stored in mobile phones, which is why many users opt to use a crypto asset management platform rather than premium security software.
The rise of cryptocurrency has made it easier for ordinary investors and financial experts to manage their assets. Many of these tools tie multiple crypto accounts together so that a user can view all of their crypto holdings on one dashboard. They offer analytical features and charts to help investors make informed decisions. As cryptocurrency continues to rise in popularity, the need for such tools grows. By making it easier to manage diverse holdings with a single platform, more investors are turning to crypto asset management.
Choosing the right Crypto asset management platform is difficult, especially if you are a beginner. Choosing the wrong platform could lead to wasted efforts and unnecessary distractions. Also, keep in mind KYC/AML requirements, as different exchanges have different laws. Make sure to research the exchange’s KYC/AML policies before choosing a crypto asset management solution. This can help you make the best choice and ensure that you are not violating any laws.
Some of the leading vendors include Coinbase, Inc., Melonport AG, Crypto Finance AG, Bakkt, LLC, and BitGo. Other vendors include Xapo, Inc., and Exodus Movement, Inc. These companies offer a wide range of services, which can help investors diversify their assets and increase their returns. In addition to these, there are several emerging companies. Investing in crypto can be lucrative. With the right resources, however, you can reap rewards.
If you are unsure about which cryptocurrency asset management platform to choose, try out CoinManager, a simple and easy-to-use portfolio manager. It has a minimalist design and only displays the most important information. CoinManager lets you compare two different exchanges’ crypto prices, and it has a number of other features that will make managing your portfolio easy. Another advantage of CoinManager is that it is mobile-compatible and supports all major exchanges, including Binance and Bithumb. Additionally, it can be downloaded for iOS.
With over 20,000 users, Ember Fund offers a number of investment products. Its portfolio integration and customization features allow you to get the most from your crypto assets. It also offers daily liquidity, which allows investors to invest their funds within a day. It also offers tax-loss harvesting tools. To date, the company has been featured in Reuters, CCN, Yahoo Finance, and CoinDesk. These are just a few of the many notable features of ODIN88.