Software Alternatives & Startups

Blockfolio VS Wise

Compare Blockfolio VS Wise and see what are their differences

Blockfolio

Blockfolio offers complete Bitcoin and Altcoin cryptocurrency management, with easy to use tools to keep track of all your crypto investments.

Rating
0 reviews
Wise

Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...

Rating
0 reviews
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Which is more popular?

Based on our record, Blockfolio should be more popular than Wise. It has been mentioned 43 times since March 2021.

social mentions
43 vs 24
Cryptocurrencies popularity
100% vs 0%

Base details

Website, pricing, platforms and company facts side by side.

Blockfolio
Wise
Website blockfolio.com wise.com
Company Startup from the United Kingdom
Listed in

Features and specs

What each product offers, as listed by its team.

Blockfolio 6 features
Wise 6 features
  • Comprehensive Portfolio Tracking
    Blockfolio offers extensive portfolio tracking features, allowing users to monitor their cryptocurrency investments across multiple platforms and exchanges in one place.
  • Real-time Price Updates
    The app provides real-time price updates for a wide array of cryptocurrencies, ensuring that users always have the most current market data.
  • Customizable Alerts
    Users can set up customizable alerts to get notifications on specific price movements, helping them take timely action on their trades.
  • News Integration
    Blockfolio includes a news feed that aggregates important news articles and updates about various cryptocurrencies, providing valuable information directly within the app.
  • User-Friendly Interface
    The interface is intuitive and easy to navigate, making it accessible for both novice and experienced cryptocurrency investors.
  • Security
    Blockfolio prioritizes user security and does not require users to connect their wallets or share private keys, minimizing risk.

Possible disadvantages

  • Manual Entry Required
    Users need to manually input their transactions and holdings, which can be time-consuming and prone to human error.
  • Limited Exchange Integration
    Although Blockfolio supports multiple exchanges, it does not integrate with all platforms, which can be a limitation for some users.
  • Lack of Advanced Trading Features
    The app is primarily focused on tracking and does not offer advanced trading features or the ability to execute trades directly within the platform.
  • Performance Issues
    Some users have reported performance issues such as lagging and crashing, particularly when tracking a large number of cryptocurrencies.
  • Privacy Concerns
    While Blockfolio emphasizes security, some users may still have concerns about sharing their portfolio details with a third-party service.
  • Notifications
    Notifications can sometimes be delayed or fail to trigger, which can be critical for users who rely on real-time alerts for trading decisions.
  • Low Fees
    Wise offers competitive and transparent fees compared to traditional banks and many other money transfer services.
  • Real Exchange Rates
    Wise uses the mid-market exchange rate, meaning users get the real exchange rate without any hidden markups.
  • Fast Transfers
    Many transfers through Wise are processed quickly, often within a few hours or a day, depending on the destination country and payment method.
  • Multi-Currency Accounts
    Users can hold and manage money in multiple currencies with Wise's Borderless Account, making it easier for those who deal with international payments regularly.
  • Transparent Pricing
    Wise is upfront about their fees and the total cost of a transfer, so users know exactly how much they'll pay and how much the recipient will receive.
  • User-Friendly Interface
    Wise offers a clean and intuitive application and web interface, making it easy for users to navigate and complete transactions.

Possible disadvantages

  • Limited Customer Support
    Wise's customer support is primarily online, and some users report difficulties in reaching live assistance or having slow response times.
  • Transfer Limits
    There are limits on how much money can be transferred in a single transaction or over a period of time, which might be restrictive for some users.
  • Lack of Physical Locations
    Unlike traditional banks, Wise doesn't have physical branches, which can be an inconvenience for those who prefer in-person banking services.
  • Verification Process
    New users or those making large transfers may have to go through a lengthy verification process, which can delay the initial transaction.
  • Not Available in All Countries
    Wise does not operate in every country, limiting its accessibility for some users looking to send or receive international payments.
  • Occasional Delays
    While generally fast, some transfers may experience delays due to various factors, such as banking hours, holiday schedules, or compliance checks.

Analysis

An editorial look at what each product does well and who it suits.

Blockfolio
Wise

Overall verdict

  • Blockfolio is generally regarded as a good tool, especially for users who want an easy and effective way to track their cryptocurrency investments. However, consideration of the current status and operability of FTX is important as of late 2023.

Why this product is good

  • Blockfolio, now known as FTX (after being acquired by FTX Trading Ltd.), is popular for its comprehensive portfolio tracking and management features. It offers a user-friendly interface, supports a wide range of cryptocurrencies, and provides timely news updates and price alerts. These features make it appealing for those who like a consolidated view of their crypto assets and wish to stay updated on market trends.

Recommended for

    Crypto enthusiasts looking for a straightforward portfolio management tool, as well as those who appreciate receiving market news and price alerts. It is also suitable for beginners due to its simple and intuitive interface.

Overall verdict

  • Overall, Wise is highly regarded as one of the top options for international money transfers. It is praised for its transparency, cost-effectiveness, and ease of use, making it a preferred choice for many users.

Why this product is good

  • Wise is considered a reliable and efficient service for international money transfers due to its transparent fee structure and competitive exchange rates. The platform uses a mid-market exchange rate with no hidden fees, making it a popular choice for individuals and businesses looking to transfer money across borders. Additionally, Wise is known for its user-friendly interface and fast transfer speeds.

Recommended for

  • Individuals needing to send money abroad frequently.
  • Expats living in foreign countries who need to transfer money to home accounts.
  • Freelancers and remote workers receiving payments from international clients.
  • Businesses conducting international transactions.

Videos

Walkthroughs and reviews on video.

Blockfolio 3 videos + Add
Wise 3 videos + Add

Best Way To TRACK Your Crypto Purchases? Blockfolio Review!!

More videos

  • - Blockfolio App Tutorial - Track Your Bitcoin & Altcoin Portfolio
  • - Blockfolio 2 0 Unveiling & Review | Unreleased Beta Version

TransferWise Review - 3 Must Knows (2020)

More videos

  • - TransferWise in detail
  • - Transferwise Review

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Blockfolio
Wise
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
100% 100%

User comments

Share your experience with using Blockfolio and Wise. For example, how are they different and which one is better?

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Blockfolio no reviews yet
Wise no reviews yet

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Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Blockfolio 43 mentions
Wise 24 mentions
  • Official LTO Feed on FTX App! 👀
    We’re bringing back our official feed on FTX App! 🥳 🙌. Source: over 4 years ago
  • Crypto.com vs Robinhood?
    The FTX app (https://blockfolio.com) has SHIB and other crypto for 8% apy. Source: over 4 years ago
  • BTC rates?
    FTX.com is the exchange. Go to blockfolio.com. FTX bought Blockfolio and rebranded as FTX. They are two separate products. On the App stores FTX.us is the exchange/website and FTX is the interest account and is mobile only. It's... Source: over 4 years ago

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  • Which bank in vietnam have the lowest fee for overseas remittance?
    I don't think you need to be a holder of both. I put my mom on my Wells Fargo account and she sent to my account. There is also https://wise.com/us/ . This one I have used to send to someones account in Vietnam. It does have slightly... Source: about 3 years ago
  • We are happy to welcome you to Auction 88 — Coins of The World.
    They invoice in Euros (Czech Republic) so also be aware of fees on payments. I've successfully used TransferWise (https://wise.com/us/). Source: over 3 years ago
  • Recommend me a first credit card with 0 foreign tx fee
    It's not a credit card. It's just a way to convert currency w/o a fee. https://wise.com/us/. Source: over 3 years ago

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Alternatives to Blockfolio and Wise

When comparing Blockfolio and Wise, you can also consider the following products.