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CoinStats Partners With SPACE ID as Web3 Domain Name Usage Skyrockets
CoinStats, a mainstream cryptocurrency portfolio tracking app, announces its partnership with Web3 domain name platform SPACE ID. With this collaboration, the procedure of portfolio tracking becomes easier than ever before.
CoinStats partners with SPACE ID multi-chain Web3 DNS
According to the two teams’ joint official statement, 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 now can track their crypto wallets using their SPACE ID name handles.
Instead of lengthy cryptocurrency wallet addresses, SPACE ID integration allows CoinStats users to manage their portfolios using only name handles - “joe.bnb,” for example - and a simple dashboard
Users can easily monitor performance data, transaction history, asset allocation and market trends across their portfolios, as well as track 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 leverages 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.
Narek Gevorgyan, founder and CEO of CoinStats, explains that this integration is set to streamline the trading and investing experience for millions of his platform’s users:
As covered by U.Today previously, starting from Q4, 2024, CoinStats supports operations with the TRON blockchain.
CoinStats registers massive surge of interest in Web3 domain names
Harrison Seletsky, Director of Business Development at SPACE ID, is excited by the opportunities the integration unlocks for crypto users:
CoinStats has witnessed a significant boom in domain name usage on its platform over the last few months.
The number of wallets connected to CoinStats via domains soared from 450 in October 2024 to 4,600 in December 2024, marking a 922% increase. The SPACE ID integration is set to supercharge the growing use of Web3 domains on CoinStats over the coming months.