This is a portfolio tracking application which helps people to bring all their cryptocurrencies under one application. With this application, users will be able to keep their cryptocurrencies safe inside one application.
Spot has recently made a name for itself after it has started offering a lot of features in all the few applications. The main aim of Spot is to create a gateway which is unique in the world of cryptocurrencies. The main aim of Spot is not to create an application which is designed to just keep all the cryptocurrencies, but more.
According to Spot, they are working on this application so that they are able to create an ecosystem where all the cryptocurrencies will be managed in an easy and simple manner. If Spot is able to successfully achieve its mission, then they will be able to bring a revolution in the cryptocurrency industry.
According to the chief executing officer of Spot Edouard Steegmann, this application has a lot of potential in the coming years and they will be bringing a lot of different changes in the application.
When users will download and install this application for the first time, then users will easily be able to connect all the different existing wallets. This addition of wallets will be done with the help of public addresses. Even if the tokens are stored in some kind of hardware wallet, then Spot will be able to successfully read all the data and show it on the application. This is the perfect example which shows how much effect this Spot application is.
The best thing about Spot is that they have their own nodes in cryptocurrencies like Stellar, Litecoin, Bitcoin, and Ethereum. This is why it is very much convenient for Spot to recover all the amount from their respective wallets.
Spot also helps users to connect an exchange account with the help of API keys. Some of the exchanges that Spot supports now are Poloniex, Bitfinex, Kraken, and Binance. With the help of Spot, users will be able to get all the detailed information about all the wallets and cryptocurrencies they hold. Users will also have the option to check out different charts so that they are able to understand which is working well for them.
According to experts, this is one of the most well-designed applications which helps users to manage all their cryptocurrencies. Spot does not use API to get all the data and pricing information. Spot has become very much popular in the past few years after digital currencies have made a name for itself in the global market.
A lot of people are now investing in cryptocurrency making Spot a perfect application to manage all the data from their mobile phone simply by taping on it.