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Cryptocurrency News Articles

CoinStats Integrates SPACE ID to Simplify Crypto Wallet Management

Jan 22, 2025 at 08:10 am

CoinStats, a crypto portfolio tracking platform managing over $100 billion in assets, has integrated SPACE ID to simplify wallet management.

CoinStats Integrates SPACE ID to Simplify Crypto Wallet Management

CoinStats, a leading crypto portfolio tracking platform, has joined forces with SPACE ID to simplify wallet management. This integration enables users to replace lengthy wallet addresses with Web3 domains, such as “alex.bnb,” to effortlessly track their portfolios.

The platform, which supports over 120 blockchains, has seen a remarkable increase in Web3 domain usage. The number of wallets connected via domains surged from 450 in October 2024 to 4,600 in December 2024, reflecting a 922% growth in just two months.

This growth highlights the rising preference for using Web3 domains to manage portfolios. Harrison Seletsky, SPACE ID’s Director of Business Development, noted that the partnership deepens SPACE ID's role in connecting users within the Web3 space.

The SPACE ID integration on CoinStats allows users to manage multiple crypto wallets using a single Web3 domain handle. Rather than navigating through numerous wallet addresses, users can link their wallets under one SPACE ID name to easily track balances, transactions, and portfolio performance. This integration is compatible with popular wallets like MetaMask and Trust Wallet, enabling users to seamlessly access their data.

Moreover, by using SPACE ID handles, users can explore other portfolios and observe their performance without the need for lengthy wallet addresses. This feature is especially useful for those managing assets across multiple blockchains, reducing errors and increasing efficiency.

SPACE ID enables Web3 identity management across major blockchains, including BNB and Arbitrum. The platform has registered over 2.6 million domains, with more than 1.3 million unique owners. Its integration with CoinStats aims to further streamline crypto wallet management for its users.

CoinStats, trusted by over 1 million users, tracks more than $100 billion in assets across 120 blockchains. It supports portfolio management for 300 wallets and over 1,000 protocols, offering tools that simplify crypto tracking and reduce manual effort.

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