Overview
Remember when you sought an application to manage your crypto asset. Your seeking of an app to manage crypto would have been for a while now or started lately.
Finding an app to follow your crypto trends has been a challenge for you as an expert. Apparently, the trends are in prices. Also, for you as a beginner finding reliable advice is also a challenge in the spike of information about crypto related topics.
With the advent of crypto, several applications have been created to offer you support in your crypto journey. But, here is BitUniverse that stands out above the rest for me.
The best investment is in the tools of one`s trade. – Benjamin Franklin
Why BitUniverse? And now, let's get on with the review.
Platform
Is your platform covered? It is clear that you have either an Android or an iOS device. Developers of BitUniverse were aware that the most used platforms are Android and iOS. So, with BitUniverse you will be able to manage your crypto assets from both platforms with ease.
The developers started with an Android beta that has grown immensely to get adopted by many. I have seen it rise from the tens of thousands to hundreds of thousands of downloads. This milestone has been marked by massive improvements to the application.
Number of Crypto assets Supported
Ever wished all crypto to be hosted under one roof? BitUniverse has that ability. As the list of crypto assets keeps growing, you will want most if not all crypto to be covered. The developers ensured you do not miss anything about new crypto assets.
Do you know Monacoin? I bet you do not know such a coin exists. The coin is on the app. Other unpopular coins are also listed. It then does not mean unpopular crypto assets do not have value. You can track the smallest and unknown like Monacoin. You will be certain to find it on BitUniverse.
Number of Crypto asset Exchanges Supported
Now, exchanges will work the magic for you to trade. But will you be opening all the accounts and tracking your investments from there? That is very inconvenient. Right?
BitUniverse can make you sync your exchanges. And you can track your assets from one platform.
Which exchanges are supported? There are many exchanges. All have their unique features in coin pairing, charges, and user experience. So, the app supports major exchanges the likes of Hitbtc, Binance, Bittrex and other smaller exchanges like Simex.
You don’t have to burden yourself of coping up tracking from the various platforms.
Multi Wallet Feature
Another problem linked to your assets is their security. How will you secure your assets from theft or tampering? Remember the crypto assets base their operations on software. So, they are vulnerable to attacks and hacks. And you will want to guard them.
Most often we associate security of our money with our wallets. So, BitUniverse is useful in securing your assets. They have developed wallet for your coins. Did I say a wallet? Every crypto asset needs its wallet. So, makes BitUniverse have a multi-wallet ability.
You will marvel at how many wallets the app supports. It supports from Ethereum to even the least expected like WINGS are. I also did not know there is a coin named WINGS.
There is one problem here though; they have not supported Bitcoin and related coins. They have limited themselves to Ethereum based currencies. This will disinterest you but be aware you can complain about it.
Portfolio Feature
On BitUniverse app, you can see the Portfolio tab. A lot happens on this tab. On this tab, you see your synced exchanges.
You will see much about the value and trends of your crypto. Very easy to know your profit percentage in time scales. There is the urge to know how prices and value are faring. And the urge is dependent upon your investment strategy.
All in one place, you will see the exchanges and their contribution towards the total.
Constant Development
This is the most appealing attribute of the team behind BitUniverse. You can expect new feature and better upgrades every week. I happen to be informed of a new update almost every fortnight.
There is no fun in developers taking a lot of time to create and update features. With the changing crypto environment, there will be demand for something new.
Now, this is intertwined with their user service.
User Service
When you complain or issue a suggestion, you expect people to respond. The creators of the app respond. This is also an appealing user retainer to BitUniverse.
They have gone an extra mile to create a Telegram Group and a feedback platform where you can query, suggest and complain about their app.
I must admit their user response is friendly and professional. If your portfolio tab is not working, issue a query. They will respond promptly. If you want a new feature, they will also gladly tell you about their intents to include it.
For all the benefits it offers you, here are updates that will be appropriate to BitUniverse.
On-Phone Security
This something I have wanted for so long. Other apps like Blockfolio have it. Why wouldn’t BitUniverse have it? I do not want someone to hang around my phone and know what my interests of crypto are. Even if crypto works like public hyper ledgers, let anyone sweat themselves out finding of what I have from elsewhere. But not my phone.
A pattern or PIN to access the app will be ideal to safeguard your insecurities.
Desktop Application
Still on security. Security of your assets is paramount. Security of assets is high when applications are offline. A desktop application will contribute to your backing up of your assets offline. Yeah, you can back up your assets.
Seemingly, they have delayed, or they speculate to create the application it in the future. This is detaching for you the user.
Multiple Portfolio
I would love to create as many portfolios as my aims can be. I cannot manage this with BitUniverse at this point. They do not support a multiple portfolio feature.
Assuming you want two portfolios, one for your short-term and the other for long-term you cannot achieve that with this app. You are forced to isolate them on your own. Then what is the need for the app if it cannot provide you the freedom to do more?
Conclusion
Hopefully, in their user response, the developers will someday address our inefficiencies with this app. As it stands BitUniverse is the Swiss army knife for your crypto management.
I have included my Pros and Cons below:
Pros
Platform: Android and iOS
Number of listed Crypto
Number of supported exchanges
Multi wallet ability
Portfolio creation
Constant and regular update
Responsive User support
Cons
On-Phone security: Password or fingerprint or Pattern
No desktop application
Multi-portfolio ability