What is Altpocket?
The crypto sector is thriving and an ever-growing number of people are choosing to dip a toe in the crypto pond. The problem is, the crypto sector isn’t thriving in a neat and orderly way. The crypto pond is more like a complex ecosystem of overlapping puddles, each with its own weird and wonderful risks and rewards. It’s part of what makes crypto so interesting!
These days, most crypto investors are going to be using more than one exchange. Tracking investments across multiple exchanges is a complex exercise and a range of tools have come and gone which try to make that process easier.
Altpocket is a relative newcomer to cryptocurrency tracking apps. However, I’m seeing a lot of positive Altpocket reviews painting a picture of a well-designed service offering a unique line up of tools to track your investments, follow the latest ICO listings and discuss crypto news with a vibrant community of experts.
I decided to take a look at Altpocket’s features myself to see if it lives up to its positive press.
A stroll through Altpocket’s feature list
The heart of any crypto tracking app is going to be its portfolio screen. Speaking from my own personal attention-challenged shortcomings, if I look at a portfolio screen and feel confused after roughly five seconds, I move on. Don’t get me wrong, I like depth and details. I just don’t want to be slapped in the face by the wet fish of data overload when I just want a quick view on what’s going on.
Altpocket’s portfolio screen is in the Goldilocks zone for me. It’s just right. Take a look at this:
Three big ol’ numbers give me my paid, portfolio value and profit. Underneath you’ve got your holdings with the basic details available at a glance. Tap on a coin and you can delve into the finer details. Nice.
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Truth time here. What you’re seeing above is the current dashboard, also known as Dashboard 2.0. Because I’m a nosy kind of geek I took a little look at the developer’s older dashboard (which is available as a legacy offering to those used to the old UI). All I can say is that the UI has come a long way and I greatly prefer its current design to the old one, which felt like it was bordering on fussy. Great work, dev. It’s come a long way.
Speaking of the developer, his name is Edwin and you can learn more about his vision here. It’s a useful read if you’re interested in giving Altpocket a try.
First up, a watchlist is fairly useless to me if it’s limited to a narrow collection of coins. Altpocket supports 1324 coins, which by no means pushes the envelope but it’s thoroughly respectable. The interface is clean and uncluttered. It’ll get you from A to B. That said, as you can see in the pic below, some features are in development. I’d also prefer to be able to filter my view by duration.
I’m going to give the watchlist a solid B. Is it the best I’ve seen? No. It needs work. But it’s not a deal-breaker for me either. I’ll be interested to see its development through future releases.
Then there’s the dashboard…
OK, now we’re getting to the juicy stuff! Altpocket approaches the idea of a dashboard a little differently and I really like it. Here’s the basic screen:
Note that you can add widgets here to keep a constant eye on handy information. It’s a fairly standard data offering focusing on your portfolio, watchlist and holdings. That said, it’s a neat concept and for those of us who spend a lot of time buried in WordPress or other dashboard based content management systems, the widget logic feels as comfortable and familiar as drinking warm milk and eating cookies while watching Friends.
All that is great, but the element I really like is that social feed. As you can see in the above pic, it’s built front and center into the dashboard and into the user’s daily experience with the UI. This changes a lot about how you end up using Altpocket.
It’s very much a communal experience where you find yourself constantly following threads of conversations about crypto. This draws directly from one of the key ideas in Altpocket’s vision statement: “We aim to create the number one social trading platform for cryptocurrency…” This, I think, is why Altpocket is going to impress the bejimminies out of some folks and leave others a little unsure. It’s also why Altpocket is going to stay on my hard drive.
Altpocket is a conversational platform, up to and including the developer himself. That isn’t to say it’s primary focus is social. The people in there are all on an obvious mission to better their position. However, it’s undeniably a dashboard with social elements. It’s not going to be everyone’s cuppa tea but I really like that concept.
I enjoy the option to talk about something I’m seeing and yes, I’ll come right out and admit I enjoy snooping through what people are saying on the public feed. To me that’s how you start to get good at making the right decisions. You listen, you snoop, you talk, you learn. So much of crypto revolves around gathering information, processing ideas, analyzing what you see and hear. Altpocket is good at encouraging that. It’s a bit like being in a crypto village square and I dig that.
Issues or concerns
Look, I think Altpocket is a viable product right now. Even without its innovative social platform you could happily use it to manage a portfolio, keep a watchlist and maintain a good overview of your investments. I’ll even go so far as to say I think the interface is a mature product. Clearly the developers have worked hard to refine its UI and that hard work has definitely paid off.
However, (you knew that was coming didn’t you) it is undeniably a work in progress. To gain a larger slice of the investment enthusiast pie, it’ll probably need a bit of extra functionality introduced here and there. The thing is, everything about the site suggests activity and thought. This is a rapidly growing service and I for one will be curious to see where the developers take it next.
For quite some time, a standing issue with this platform related to the lack of Altpocket binance support. This represented an unfortunate deal-breaker for many investors curious about Altpocket’s social features. I’m pleased to report this is no longer an issue. As of roughly the beginning of 2018, full Altpocket binance support was included as part of a round of enhancements to its investment system.
Is Altpocket safe? I see nothing about the platform to give me cause for concern. I trawled the support forum in researching this Altpocket review and, while it’s an active and multifaceted forum with its fair share of customers baying for additional features, no critical Altpocket safety concerns leap out at me.
- If you want a stable, mature product which gives you a bunch of powerful portfolio management tools, then mosey on over to Blox.
- If you want crypto alerts in your pocket and an intuitive interface, Delta is a no-brainer and well worth getting on your phone, stat.
- If you’re keen on building up your research game, but social chatter just isn’t your thing, Blockfolio may well be the droid you’re looking for.
I’m interested. How do I get started?
- Jump on to altpocket.io
- Click on ‘Get Started’ and ‘Register Now’.
- Once you’re all signed in, a good place to start is with your portfolio. Click on the ‘Portfolio’ tab. On the right you’ll see your portfolio name. Click here and choose your poison.
- Once you’ve got a basic data set to play with, click on the ‘Home’ tab. Behold! Your dashboard awaits.
- Get busy adding a few widgets and then spend some time delving into the social feed. You might like to introduce yourself while you’re at it.
- Voila! You’re set up and ready to begin using Altpocket.
So, is it worth trying?
Yeah. Definitely. I think the positive Altpocket reviews all correctly seized on to its innovative nature. Even if you eventually decide the social element really doesn’t do it for you, I’d recommend everyone at least give it a try. It opens up an interesting space for research, vibe-testing and general crypto chatter. The UI is well thought through. It’d benefit from some added functionality, especially in its watchlist but the development team is active and engaged. The recent incorporation of full Altpocket binance support is strong evidence the development team listens to consumer demand and makes it a priority.
Altpocket is a crypto-tracking service which sits out from the pack as something a little bit different. Its social focus is a breath of fresh air and the design of the UI just screams out as a labor of love. Lots of work and passion has gone into Airpocket. It’ll be interesting to watch it grow.