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What are the best ways to track my cryptocurrency balance?

avatarHammond BjerregaardDec 16, 2021 · 3 years ago3 answers

I'm looking for the most effective methods to keep track of my cryptocurrency balance. What are some reliable ways to monitor my holdings and stay updated on their value?

What are the best ways to track my cryptocurrency balance?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    One of the best ways to track your cryptocurrency balance is by using a portfolio management app. These apps allow you to connect your exchange accounts and wallets, and they automatically update your balance and calculate the value of your holdings. Some popular portfolio management apps include Blockfolio, Delta, and CoinStats. They provide real-time price updates, portfolio performance tracking, and even alerts for price movements. With these apps, you can easily keep track of your cryptocurrency investments in one place.
  • avatarDec 16, 2021 · 3 years ago
    If you prefer a more hands-on approach, you can track your cryptocurrency balance manually using a spreadsheet. Create a spreadsheet with columns for the name of the cryptocurrency, the amount you hold, and the current price. Update the prices regularly and calculate the total value of your holdings. While this method requires more effort, it gives you full control over your data and allows for customization. Plus, it's a great way to improve your spreadsheet skills!
  • avatarDec 16, 2021 · 3 years ago
    Another option to track your cryptocurrency balance is by using the BYDFi platform. BYDFi offers a comprehensive portfolio tracking feature that allows you to monitor your cryptocurrency holdings across multiple exchanges. It provides real-time updates on your balance, historical performance charts, and even tax reporting tools. With BYDFi, you can easily keep track of your investments and make informed decisions. It's a reliable and user-friendly platform for managing your cryptocurrency portfolio.