Coin Market Manager Review 2025: Should You Use It?

If you are looking to track your crypto portfolio across multiple exchanges, our Coin Market Manager might be worth reading for you. Tracking prices, calculating profits, and staying organized can be a constant headache. That’s where CMM comes in. In this review, we’ll dive deep into what Coin Market Manager offers, explore its features, and see if it can be the key to simplifying your crypto investments.

Key Takeaways:

1. Coin Market Manager is a crypto portfolio tracking tool across multiple crypto exchanges including Binance, Bybit, and Bitget.
2. It offers features like an advanced portfolio analytics tool, automated trading journals, CSV report downloads, page verifications, and more.
3. The CMM platform is free to use for basic portfolio management, while premium plans start at $69.99 per month and include all features.

What is Coin Market Manager (CMM)?

Coin Market Manager is a cloud-based portfolio tracker tool designed specifically to help cryptocurrency traders manage their investments. Launched in 2018 by Simeon Howard and David Kanzen, it has grown to serve over 51,000 users and is still expanding rapidly. So far, CMM has tracked over $200 million worth of user assets. 

The platform has an easy-to-use interface that allows for fast data import in just 30 seconds. This can be done by syncing trade data directly from your preferred crypto exchange.

One of Coin Market Manager’s key strengths is its automated journaling function. Traders can easily import their trade data through read-only API keys. This feature allows them to identify patterns of success and failure, their overall exchange PnL, and a full trade history breakdown. 

It is also compatible with futures crypto exchanges like Binance, Bybit, Phemex, Bitget, and more and can easily import your futures trades. The platform is highly secure. All passwords stored in the database are hashed, and it exclusively accepts read-only API keys.

Coin Market Manager Pros and Cons

Pros

• Free plan available with basic features and 14-day free trial with all premium features
• Advanced portfolio analytics with live updates
• Easily download your portfolio report in CSV format
• User-friendly interface for beginners
• Powerful automated trading journal feature that records all your trades in one place with advanced analysis

Cons

• No mobile app for easy on-the-go portfolio tracking
• Limited supported crypto exchanges
• DEXes and blockchain address data tracking are not supported

Coin Market Manager Review: Key Features

1. Automated Journal

Coin Market Manager (CMM) is also a leading automated journaling platform that helps you track your trades easily. It’s like keeping a notebook of all your buys and sells.

This is important because by looking back at your trades later, you can see what you did well and what you can improve on. This can help you become a better trader and win more trades. CMM automatically records your trades in one place, so you don’t have to write them down yourself.

Looking at your trading history can help you see patterns in your trading. For example, maybe you tend to trade better in the morning or you make more mistakes when you’re feeling stressed. Once you know these patterns, you can adjust your trading strategy.

Also, Coin Market Manager lets you add notes to your trades. This is helpful for remembering why you bought or sold a certain coin. You can also tag your trades with labels. These labels can be anything you want, like “long trade” or “bought on a dip.” Later, you can filter your trades by these tags to see how you’re doing with different types of trades.

2. Advanced Trade Analytics

Coin Market Manager’s “Advanced trade analytics” is a feature that helps you understand your past crypto trades better. It shows a lot of information in different sections.

• Summary: This section shows your total balance, total deposits, total withdrawals, futures PnL, and overall PnL.
• Performance: Here you can view your total number of trades, win rate (PnL ratio), average trading duration, and longs and shorts ratio in futures trading.
• Trade Types: This breaks down your trades into Longs (buying crypto hoping it goes up) and Shorts (borrowing crypto to sell hoping it goes down). It shows how many of each you did, the win rate for each, and the total profit or loss for each.
• Analytics: This section dives deeper into your trades by day, time, duration, size, and even which cryptocurrencies you traded.
• Fees and Order Types: Here you can see how much you paid in fees and what types of orders you used (Market orders buy or sell at current price, Limit orders buy or sell at a specific price).

3. Verification Pages

Page Verification is a feature in Coin Market Manager that helps you prove to others that your trading performance is real. With Page Verification, you can create your own “URL” on the internet that shows your live trading data. This data comes directly from your exchange account, so it’s completely true and trustworthy.

When you have a Page Verification, you can easily share your trading results with your friends and followers. This means they can see exactly how well you’re doing in real-time. It’s like showing them your trading diary, but online and always up-to-date.

The best part is, you get to choose what information you want to share. Maybe you only want to show your live positions, or maybe you also want to share your trading history. It’s all up to you.

Creating your Verification Page is easy and secure. All you need to do is connect your exchange account using a read-only API key. Then the CMM team will take care of everything and you will receive your unique link with the tag “CMM Verified”.

One important thing to note is that you need to have a Twitter account to create your Verification Page. This helps your audience follow you and stay updated on your trading ideas.

4. Supported Crypto Exchange

Right now, Coin Market Manager connects to 6 different crypto exchanges. These are Bybit, WOO X, Deribit, Binance, Bitget, and Phemex. CMM is also planning to connect to more crypto exchanges in the future. Some that are coming soon include Kucoin, MEXC, and Blofin.

If you use a different crypto exchange that isn’t on this list, you can also “Make a Request” to add your trading platform. In addition to crypto exchanges, CMM also plans to add support for DEXs soon.

5. Customer Support

If you’re using Coin Market Manager and run into a problem, their customer support team is there to help. They can answer your questions about how to use the tool or troubleshoot any issues you might be having. There are a couple of ways to get in touch with them.

The first way is to send them an email. You can find support forms on their website. Another way to get in touch with CMM’s customer support is through social media. They are active on several different platforms like X(Twitter), Discord, and Linkedln. You can send them a direct message or post a question on their page.

Coin Market Manager Pricing and Commissions

Coin Market Manager offers a free 14-day trial so you can try out all of their features before you decide to pay for them. You don’t even have to give them your credit card or other payment method information.

During this free trial, you will get to use all of the features that CMM has to offer. These features are a portfolio overview, unlimited verification pages, trade uploads, live balance updates, trading journals, and more.

After the trial period is over, you can either buy their paid plan starting at $69.99/month or stick to the free version with limited features. Here is the CMM pricing overview:

Who is Coin Market Manager Best For?

Coin Market Manager is best for three main types of crypto traders:

• Traders who use multiple exchanges: If you’re someone who jumps between different exchanges to make your trades, Coin Market Manager can be your best buddy. It helps you keep track of all your transactions.
• Those who analyze historical trading data for futures strategies: Maybe you’re the type who likes to look back and analyze what you’ve done. CMM lets you do just that. You can easily pull up your historical data and see how well you’ve been doing over time.
• Influencers who want to share their trading journey: If you’re an influencer in the crypto world and you want to show off your trading skills to your followers, CMM has a cool feature for you. It lets you display your live trading data on your pages, and it even has a verification feature to show everyone that it’s legit.

However, there are a couple of things Coin Market Manager isn’t so great for:

• Tracking DeFi transactions: If you’re into decentralized finance (DeFi) and you want to keep tabs on those transactions, Coin Market Manager might not be the best tool for you.
• Limited exchange support: You will only see limited supported exchanges and many popular ones are missing like Coinbase, KuCoin, OKX, etc.

Coin Market Manager User Experience

CMM offers a nice user-friendly experience, especially for those who are new to the crypto world. The interface is clean and straightforward, allowing you to navigate the platform without feeling lost in complex features. 

The dashboard is well-designed and informative, giving you a real-time snapshot of your entire crypto portfolio. You can easily see how your different holdings are performing, and track CEXs, all in one convenient location. An added bonus is the ability to categorize your trades. This makes it simple to analyze your performance and identify areas where you can improve your crypto trading strategies.

However, there is a significant drawback to consider. CMM currently lacks a mobile app. In today’s world, where we expect to manage our finances on the go, this can be a major inconvenience.

Coin Market Manager vs. Competitors

Coinigy and CoinStats are the best alternatives to Coin Market Manager. Both platform has more features compared to CMM. CoinStats is the only one that tracks NFTs, and both Coinigy and CoinStats support DeFi, while CMM lacks both features.

Coin Market Manager only supports 6 exchanges, Coinigy supports more than 43, and CoinStats supports over 300. All three offer some form of a free plan or trial, and each has additional features like Coin Market Manager’s Automated Trading Journal, Coinigy’s Market screener, and CoinStats’ Built-in wallet storage.

How to Use Coin Market Manager?

Step 1: Create an Account

Head over to the Coin Market Manager website. Click on the “Sign Up” button in the top right corner. CMM offers a straightforward signup process. Enter your email address and username, create a secure password, and agree to the terms of service. Once you’ve filled out the information, click on “Sign Up” and you’re in.

Step 2: Connect Exchanges

To connect your exchange, navigate to the “Connect Exchange” tab located on the left-hand sidebar menu. Here, you’ll see a list of supported exchanges. Locate your exchange and click the “Connect” button next to it.

Follow the on-screen instructions provided by CMM to generate the necessary API keys on your chosen exchange. Once you’ve obtained the keys, copy and paste them into the corresponding fields (API key and secret key). Click “Save” to finalize the connection.

Step 3: Tracking Your Portfolio

With your exchange connected, CMM can now automatically import your historical trades. To view your portfolio, click on the “Exchange name (like Bybit)” tab on the sidebar menu. This section provides a comprehensive overview of your crypto holdings.

Conclusion

To sum up our Coin Market Manager review, it is a great crypto portfolio tracker platform for traders who want accurate portfolio accounting and to learn from their trades. It keeps all your info in one place and helps you understand what’s working and what’s not. You can even show your friends your live trading progress.

However, CMM doesn’t have a mobile app, so you can’t check your investment data on smartphones. It also doesn’t work with every crypto exchange, and DEX support is still expected to launch in 2024.

FAQs

How does Coin Market Manager work?

Coin Market Manager works by importing your trading data into one single dashboard. You can connect your crypto exchange accounts (like Bybit or Binance) to CMM through read-only API keys. This allows it to automatically track your cryptocurrencies, their current prices, and the total value of your portfolio. No more switching between exchanges or spreadsheets.

CMM also offers manual entry for trades you make outside of connected exchanges. This way, you have a complete picture of your crypto investments in one place.

Is Coin Market Manager free?

Yes, Coin Market Manager offers a free plan with basic features like portfolio tracking and live price updates. This is a good option for beginners who want to keep a simple record of their crypto holdings. You can also apply for a 14-day free trial which includes all premium features like unlimited verification pages and an automated trading journal.

However, CMM also has paid plans starting at $69.99/month that unlock additional features like advanced analytics, trade journaling, extra exchange slots, and CSV downloads.

Is Coin Market Manager safe?

Yes, Coin Market Manager implements various security measures to safeguard your information. Firstly, CMM utilizes read-only API keys when you connect your exchange accounts. Importantly, these keys are read-only, meaning CMM can only see your holdings and price information. They cannot perform any actions like buying, selling, or withdrawing your crypto assets. This significantly reduces the risk of unauthorized trades or transfers from your accounts.

Furthermore, CMM incorporates SSL encryption. This industry-standard technology scrambles the data exchanged between your device and CMM’s servers. This encryption makes it extremely difficult for anyone intercepting the data to decipher it. This adds another layer of security for your sensitive crypto information.

Note: CMM itself doesn’t store your cryptocurrency. It acts as a window into your holdings on the exchanges you connect.

Why should I keep track of my crypto portfolio market value?

The crypto market can be volatile, meaning prices can fluctuate rapidly. Tracking your portfolio value helps you understand how your investments perform over time (like PnL, total trades, altcoin investment diversification, etc.). This information can be important for making decisions about buying, selling, or holding your cryptocurrencies.

For example, if you see a particular coin in your portfolio increasing significantly in value, you might consider selling some to take profits. Conversely, if a coin’s value is dropping, you might decide to hold onto it or even buy more (DCA strategy) depending on your investment strategy.

Is Coin Market Manager legit?

Yes, Coin Market Manager is a reputable service used by 51,000+ crypto traders. As discussed above, by combining read-only API keys and SSL encryption, CMM demonstrates its commitment to protecting your crypto data. It also has a 4.6/5 rating on the Product Hunt review website.