Inomma
Reviews and Complaints

I’ve been using this app for only a little bit now. It was recommended to me by a friend and it is absolutely fantastic. I am currently only using the free version and will be upgrading later today. You can also get the pro version by inviting three people with your six digit code: 094C67

Once you’re in the app with the invite code added, you will be then given your own code to ask 2 friends to download, and voila! you end up with the Pro version for free for 1 year! (Instead of paying $45)

The Pro version is a must-have with its ability to pull your transaction history and balance from 10 other exchanges so you don’t have to input the history by hand...and it KEEPS it in sync! What’s not to love?!?!

Remember, get your first year free by using: 094C67 as your friend invite code, then just ask 2 more people to use your own code!

This app is crazy buggy. Adding alerts are buggy. You add one - then it’s not there - then it’s there - then it’s not. Also - this app just decides to round your coin amounts. No option to turn that off. The total value of your coin is not accurately portrayed. My altfolio is about $48 wrong. I have an excel spreadsheet that I keep up with my crypto currency and I couldn’t figure out why me sheet at home was so far off. After digging I realized it’s because the math on this stupid app is so bad. For example - at the time of me writing this I have 210 ripple that it says is $1.40 a coin and it says the value of that is 290.38. Ummm what? 210*1.40=294. It’s like this for all coins. None of them match and some of them are off by $30 or more in any direction. I appreciate they give a free trial of this app - but anyone who’s serious about keeping very accurate records of their currency needs to stay far away from this app.

I will keep this simple. They have some good things working. Custom sorting is where they had every other coin app beat. Custom sorting/filtering in trading is so important if you know what you’re looking at. They HAD custom sorting in your favorites then got rid of it, but left it on the all coin page? Makes zero sense at all. Also they should have like “wishlist” etc etc. it’s decent if you want to see some live updates, but they have yet to improve in needed areas. If you’re going long on coins this app will work fine just manually enter your current position.

Pros:
Good for long positions/Very low trading/Tracking a Coin by exact exchange/Higher level coin

Cons:
-Their API is broken/Way it reads transactions. If day trade etc or fill partials it will completely throw off everything.
-Uses old coin dates/prices. Know how you have 0.[protected] in some random coin from trading well sometimes it picks those dates and along with those dates uses those prices for your portfolio = horrible. Also even if you manually try to fix it then it will auto correct it back.
-No way to manage alerts from the home screen. You literally have to pick the Exchange/Higher level Coin/Your Coin then hit the alert button. Absolutely ridiculous.

The design for the mobile and the desktop apps is very nice and rich with features. 5for design and functionality. Sadly, the data is not reliable: some line item totals are incorrect, some coins have incorrect USD rates, some API’s work incorrectly (i.e. on Gate.io, spot holding is reduced by your open trades), some coins in some wallets are not recognized (i.e TrustWallet), the average cost is incorrect, and the P/L is incorrect. Basically, you can’t use the app for any reliable accounting or tax information. I got the paying version hoping I would get faster customer service to fix those bugs, but that didn’t work out. It takes literally weeks or months before they reach back to you and, although very friendly, they don’t provide any plan to fix the mentioned issues (they will counter you that those are not bugs). Get the free version, no point in paying. It’s easy to work around the limitations (i.e. number of portfolios by account). I don’t understand how other users give it a 5*: whether they have a very limited use (i.e. Coinbase and manual transactions work very well) or they don’t reconcile their values with the source wallets/exchanges. I’m a heavy user and can only use Coinstats “for informational purposes only”. Advise to Coinstats: spend less time on design and more on data integrity. There is hope! Final rating: 2

As I stated in the title I’ve been in this game since 2013-14 (if you count the early research) and this feedback review runs the risk of being misconstrued as a shill when it is anything but.

If you’re an early adopter (pre-2017) in the crypto trading space you know full well that when it comes to portfolio management the first thing that pops in your head is ‘Blockfolio’

If you did just a smidget of research you’d know this platform is riddled with allegations of theft & malfeasance, corruption, glitches and more.

Even if it’s not true or if Blockfolio (coincidentally happens to be right around when they cleaned house and their new staff and ceo could maintain plausible deniability for any malpractice or illicit activity) but there’s the general concern and the conspiracies: the general being, “how can I ever trust something like that again?” With conspiracies raging from exit scams to even go as far as “CoinBase owns Blockfolio” with a paper trail connecting Armstrong to their devs but I digress.

I’m not here to trash Blockfolio, nor to shill coinstats: I’m here to tell you (my own experience) as it is; first off what made Blockfolio the first & successful platform for portfolio management (other than the fact that they were the early/older than even Binance) they were able to successfully deliver the scalability of halving your PRIVATE KEYS from your wallets to keep your portfolio updated in real time...

Ironically, all crypto portfolio trackers had before this “innovative breakthrough” was manually inputting each entry and it was so much more painful/time wasting and more difficult to keep track of holdings when you had to log them yourself. To this day I have the same composition notebook filled with wallets and private keys (although to be fair, the majority are just airdrops from ERC20 [censored]coins) this led me to realize the obvious: it was going to take time for the community to develop the perfect platform for this community.

And it did...i don’t know about you guys but I like to know what product or service I purchase before I do and I mean really extensively know all there is to know about it. So there’s not a coin or a token in my portfolio I haven’t personally read the whitepaper/roadmap/devs and background of their historical predisposed inclination to behave out of opportunistic/hedonistic gluttonous greed or just out of good faith with integrity/morales and the community over prof motive.

After trying literally every platform and spending weeks vetting them , being an iOS user (iPad air 3, Iwatch series 3, iPhone XR; all on me at all time) the appeal from coinstats and what sets it apart from every other tracker includes:

• Affordability. With only a little over $4.99 with tax a month including a month free from signup bonus; this thing at first seemed too cheap to be worth shorn and that was an immediate for me. I know it sounds ironic, but whenever a product or service is more expensive— I’m more likely to purchase it simply because of the consumer based sociocultural attachment and societal norms of superficially ignorant notion that if it’s cheap it’s “too good to be true” and dismissed.

Don’t believe me? You are human and you are just as gullible. Sorry. I did a social experiment once where (I walked around midtown Manhattan with a 0.999 24K 1 Troy Oz. Of pure gold from Rosland Capital) — I took it out of the assembly case which had the certificate of authenticity to legitimize it and put it in a plastic container.

I walked around the city (dressed normally, jeans and a t shirt— not like a homeless person as I needed to do this social experiment and reduce variables such as homeless people approaching strangers — which Is a turnoff and a good way to get yourself ignored.

Instead I wore (nothing fancy) but nothing cheap either — new Jordan’s and a $130 pair of Abercrombie jeans with a Rick & Morty graphic t shirt with a hat/carry bag that said “Stocktwits” on it — (another sponser, but I digress)

It’s important to note what I wore because it’s completely relevant as well as my race ethnicity age and demeanor: I am a 29’ year old caucasion male who is is Arab though you’d never tell from appearance...to cut it short- i was normal and it was obviously indicative of how i was approachable to everyone and they’d make eye contact and always hear what I had to say; rather than ignoring me like a bum with a sign asking for “food” money.

This is where I have to be a bit cocky and honest but it’s relevant just stay with me here... most of the women were very beautiful & they clearly thought I was approaching them to hit on them & they were more than willing to hear what I had to say.

Body language, facial tics, mannerisms, demeanor, hand gestures, vocal tone; in my experience people say more with their mouths closed than open.

So I gave you the background and premise for the experiment. Out of 100 individuals from all demographics & beliefs; only 12/100 were willing to entertain the pitch I gave them. I’d approach and say “I have an Oz of gold and I’m selling it for $10.00 do you want it!” Evidently the 12 who did listen and want to know more werent convinced with my cover story. “I won a scratch off for 50 grand and to give back for the sake of karma I want to give away 1 Oz of gold and for even better luck I’m charging $10 so that I can use the $10 to buy the same scratch off I won and maybe it’ll win again!”

Not exactly the best cover story but it was believable enough to entertain as a potential truth. Point is: 2 people said yes, tourists. I gave them a consolidation prize for theirs troubles. The same applies to coinstats. It’s a “too good to be true offer”

• I spoke with Garek (ceo), i offered to sponsee for free so I’m not getting compensated to say this. I am (believe it or not) trying to help the community as I have been for 7-8 y now.

Check my SM for more info:

Twitter / Linkdin / Tradingview/ Stocktwits / IG / Steemit— @a1mtarabichi

If I buy a coin at $5 and sell it at $10, I’ve made a 100% return.

But according to your profit/loss algorithm, if the coin I ALREADY sold goes to $15, I’ve lost 50% profit.

Opportunity loss is not a profit loss that should be calculated for profit/loss purposes.

The people want an algorithm that provides the total out of pocket profit/loss.

Example: buy 100 coins at $5. Sell 50 at $10. Total profit/loss $0. Now the investor knows that her 50 remaining coins are gravy.

Pro version is probably the most disappointing “portfolio” app I have ever purchased. Is completely geared towards boring central exchange accounts that were popular in 2017. Has incredibly limited Defi recognition and any new tech creates incorrect calcs (rebase coins, NFT etc) Does not recognize many of the leading DEX pools, yield farming sites and minimal LPs. The LPs it does recognize calculate values incorrectly. Steer clear and stick to the free web based portfolio trackers.

Just as the description says, the app is not free beyond $5000. At the time I couldn’t find the cost. Had I known this app had a monthly/yearly fee I wouldn’t have even bothered downloading it. It’s very expensive for a portfolio app. $5 a month or $30 a year. Not worth it imo. I would’ve happily paid up to $20 as a one time fee. But never a reoccurring fee for a app like this. There are plenty of other great apps that do the same thing. Don’t download this unless you want to waste your investment gains.

I am beyond frustrated at this point. NO active support has assisted me in finding 2 year long subscription transactions made. I initially tried to purchase a year long sub and when I clicked to purchase it kicked me back to the previous page. I thought it was a weird fluke and the payment didn’t go through, so I tried again. But what I found out was both times my card was charged, but both times I did NOT receive an email detailing any subscription information or an activation code of any sort. The money just went in limbo. And now I’m just stuck with a customer support who hasn’t responded for over a month now. I’m hoping this gets resolved, because everything about Coinstats looks great. But so far I’m off on a bad foot.

Once your assets exceed $5,000, after a few days it will start extorting you into paying a $5/month fee to view your assets with no way of seeing what they were, data is locked up forever until you pay. Make sure you enter all of your assets as 1/1000th of what they really are and just multiply your final value by 1000 so this doesn’t happen to you.

Edit: I do not use the app anymore, I deleted it the second I got locked out from accessing my balances that I had careful curated for days. If you don’t think a 1 star review for extortion is fair then that’s on you. And it was not made clear in the app that I’d be locked out and forced to pay, I was using the app fine for many days with a $5k+ portfolio then one morning I couldn’t access anything.