CoinStats Integrates SPACE ID Web3 Domains to Simplify Crypto Portfolio Tracking

CoinStats, a mainstream cryptocurrency portfolio tracking app, announces its partnership with Web3 domain name platform SPACE ID.

CoinStats, a mainstream cryptocurrency portfolio tracking app, has announced its partnership with Web3 domain name platform SPACE ID. This collaboration makes the process of portfolio tracking easier than ever before.

CoinStats partners with SPACE ID multi-chain Web3 DNS

The two teams announced the partnership in a joint official statement on Thursday. CoinStats, a top-tier cryptocurrency and bitcoin portfolio tracker, has scored a long-term strategic partnership with SPACE ID blockchain-based domain name service.

CoinStats users can now track their crypto wallets using their SPACE ID name handles.

BIG NEWS: We’ve integrated @SpaceIDProtocol Web3 domains into @CoinStats to make your crypto life easier!

To celebrate the partnership, we are launching a @Galxe campaign where you can enter for a chance to win $500 in $ID tokens

Join here: https://t.co/RfLKkvkjhi…

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With SPACE ID integration, CoinStats users can operate their portfolios using only name handles - for example, “joe.bnb” - and a simple dashboard, instead of lengthy cryptocurrency wallet addresses.

From there, users can easily monitor performance data, transaction history, asset allocation and market trends across their portfolios. They can also track the portfolios of other SPACE ID domain holders for simplified copy-trading and education in crypto trading.

Unlike first-generation Web3 domain name services, SPACE ID takes a multi-chain approach. It handles over 2.5 million domains allocated among 1.3 million owners across BNB Smart Chain, Arbitrum, Sei, Injective and other major programmable L1 and L2 blockchains.

This integration will make the trading and investing experience more efficient for millions of CoinStats users, as explained by Narek Gevorgyan, founder and CEO of CoinStats.

At CoinStats, we aim to make it easier for both new and experienced crypto investors to track their portfolio holdings. We’re excited about our integration with SPACE ID because the team shares our vision of making crypto and DeFi more accessible and user-friendly. Together, CoinStats and SPACE ID can help users avoid costly mistakes and keep their finger on the pulse of the market, saving them hours of getting lost in multiple Excel spreadsheets.

As reported by U.Today previously, CoinStats supports operations with the TRON blockchain starting from Q4, 2024.

CoinStats registers massive surge of interest in Web3 domain names

The integration will unlock new possibilities for crypto users, according to Harrison Seletsky, Director of Business Development at SPACE ID.

By integrating with CoinStats, we’re expanding the use cases for SPACE ID domains as we build a unified name service that seamlessly connects the entire Web3 ecosystem, and beyond. Portfolio tracking can be an essential tool to gain better visibility of all transactions and trends as crypto investors utilize more advanced strategies across multiple wallets and blockchains. I expect more and more people will use portfolio trackers as the market matures and we’re excited that SPACE ID is now part of this journey with sector leader CoinStats.

CoinStats has observed a significant surge in domain name usage on its platform in recent months.

The number of wallets connected to CoinStats via domains increased from 450 in October 2024 to 4,600 in December 2024, indicating a 922% rise. The integration of SPACE ID is anticipated to accelerate the growing use of Web3 domains on CoinStats in the upcoming months.