Dan Degenstein | House of Crypto
The Degenstein Report
🧰 Crypto Platforms — The Clean Setup

Too many crypto apps? Here’s what they do — and what you actually need.

Most people download 10 platforms and still don’t have a real system. This report simplifies it into a few roles: Buy, Earn, Trade (optional), and Track.

Crypto Platforms Explained — What You Actually Need
✅ Referral disclosure 🛡️ Not financial advice 🕒 Last updated:

Availability, bonuses, and eligibility can change by region. Always verify inside the platform before depositing or trading.

Starter Stack Beginner-friendly

If you want the simplest “do it right” setup:

This covers 95% of what most people need without turning crypto into a second job.

Buy / On-ramp
Use Coinbase or Gemini to convert dollars to crypto cleanly.
Tip: pick one as your main on-ramp so your deposits and tax exports stay simpler.
Earn while holding
Use CoinDepo when your plan is: hold quality bags and earn yield while you wait (instead of staring at candles).
Referral code: A-32wqw35W
Track everything
Use CoinStats to see your portfolio in one dashboard across exchanges and wallets.
Referral code: Qm2yTg1745088895231
When do you add more platforms?

Only when you have a clear reason (advanced trading tools, specific listings, futures, promos). If your goal is simply to accumulate and hold long-term, your “starter stack” is enough.

Capital Strategy Why CoinDepo Exists

CoinDepo is not “yield.” It’s capital discipline.

Most crypto portfolios leak value in one quiet way: capital sits idle. Not trading. Not compounding. Just waiting.

CoinDepo solves that exact problem. It’s where long-term holders park assets so time works with them — not against them.

🧠 The mistake

Buying quality assets… then letting them sit dormant on an exchange or wallet for months.

💠 The CoinDepo role

Turn “waiting” into compounding. CoinDepo becomes the default home for assets you already planned to hold anyway.

⏳ The outcome

More units over time. No extra trades. No added complexity.

Think of CoinDepo as:
  • • A base layer for patient capital
  • • A default destination after buying on Coinbase or Gemini
  • • A way to stay productive even when markets go sideways
Comparison What each app is FOR

One table to kill the confusion

“Which one do I need?” depends on the job. Here’s the clean breakdown.

Platform Best For What it does Do you need it?
Coinbase Buying crypto Mainstream exchange/on-ramp to convert dollars → crypto. Yes (or Gemini). Pick 1 main on-ramp.
Gemini Buying crypto Alternative on-ramp; simple exchange flow for beginners. Yes (or Coinbase). Pick 1 main on-ramp.
CoinDepo Earning while holding Earn yield on deposited assets while holding long term. Yes if your plan is “hold and earn”.
CoinStats Tracking Portfolio dashboard across exchanges/wallets. A “single pane of glass.” Yes if you use 2+ platforms.
BTCC Trading / rewards Trading platform with promo/rewards; best used intentionally (not as your first app). Optional (for traders).
WEEX Trading / rewards Trading platform; promo/rewards via VIP link (verify current rules). Optional (for traders).
Bitunix Trading / rewards Trading platform with invite rewards. Useful if you want another venue for setups. Optional (for traders).
BYDFi Trading / bonuses Trading platform with bonuses and low-fee angle (promo terms vary). Optional (for traders).
The “minimum viable crypto toolkit”

On-ramp + Earn + Track. Everything else is optional until you have a strategy that requires it.

The biggest beginner mistake

Signing up everywhere “just in case.” More apps = more logins, more confusion, more mistakes. Add tools only when they solve a specific problem.

Platforms What they do + my links

Quick breakdowns (no fluff)

Each card tells you what the platform is for, who it’s best for, and how it fits into a simple system.

💳
Coinbase
Buy / On-ramp

Best for converting fiat → crypto and keeping things straightforward. Great “first exchange.”

Use my Coinbase link Code: MFB6ACG
🔷
Gemini
Buy / On-ramp

Clean beginner exchange. Use it as your main on-ramp if you prefer its UI and flow.

Use my Gemini link Code: 9zrdalkh7
💠
CoinDepo
Earn / Yield

Best for “earn while you hold” strategies. If you’re a long-term holder, this is the platform that turns waiting into compounding.

Referral code: A-32wqw35W
📊
CoinStats
Track

Best for tracking balances and performance across multiple exchanges and wallets in one place.

Use my CoinStats link Code: Qm2yTg1745088895231
📈
BTCC
Trade (Optional)

Trading platform with promo/rewards. Best used if you already have rules and risk limits.

Use my BTCC link Code: HC6O49
📊
WEEX
Trade (Optional)

Trading platform with VIP referral promos. Verify current eligibility and bonus rules in-app.

Use my WEEX link Code: 5flql
🧰
Bitunix
Trade (Optional)

Another trading venue with invite rewards. Use it only if it adds real value to your strategy.

Use my Bitunix link Code: 57hn7f
BYDFi
Trade (Optional)

Trading platform with bonus promos. Best for experienced users who want another tool in the toolbox.

Use my BYDFi link Code: qkmc3q
My rule for adding “extra” platforms

If a platform doesn’t clearly do one of these better for you — buy, earn, track, or execute a specific strategy — it’s noise. Noise steals attention. Attention is alpha.