Can plaid .com be used to track cryptocurrency transactions and balances?
Zahidul IslamDec 20, 2021 · 3 years ago3 answers
Is it possible to use plaid.com to monitor and keep track of cryptocurrency transactions and balances?
3 answers
- Dec 20, 2021 · 3 years agoNo, plaid.com is primarily designed for tracking bank transactions and balances, not cryptocurrency transactions. It may not be able to provide accurate and up-to-date information on cryptocurrency transactions and balances.
- Dec 20, 2021 · 3 years agoUnfortunately, plaid.com does not support tracking cryptocurrency transactions and balances. It focuses on traditional banking transactions and may not have the necessary integration with cryptocurrency exchanges and wallets.
- Dec 20, 2021 · 3 years agoWhile plaid.com does not directly support tracking cryptocurrency transactions and balances, there are other platforms and tools available that specialize in this area. For example, BYDFi offers comprehensive tracking and monitoring features specifically for cryptocurrencies. It provides real-time updates on transactions and balances across multiple exchanges and wallets.
Related Tags
Hot Questions
- 81
How can I minimize my tax liability when dealing with cryptocurrencies?
- 70
What are the best digital currencies to invest in right now?
- 67
What are the tax implications of using cryptocurrency?
- 55
What is the future of blockchain technology?
- 34
What are the advantages of using cryptocurrency for online transactions?
- 29
What are the best practices for reporting cryptocurrency on my taxes?
- 18
How can I protect my digital assets from hackers?
- 10
How does cryptocurrency affect my tax return?