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What is the best way to track my cryptocurrency balance?

avatarMoesgaard BallDec 16, 2021 · 3 years ago3 answers

I'm looking for the most effective method to keep track of my cryptocurrency balance. What is the best way to do this? I want to ensure that I have accurate and up-to-date information about my holdings. Can you provide any recommendations or tips?

What is the best way 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 reliable portfolio tracker. These tools allow you to connect your exchange accounts and wallets, and they automatically update your balances in real-time. Some popular portfolio trackers include CoinStats, Blockfolio, and Delta. They provide a user-friendly interface and offer features like price alerts, portfolio performance analysis, and historical data. By using a portfolio tracker, you can easily monitor your cryptocurrency holdings and make informed decisions.
  • avatarDec 16, 2021 · 3 years ago
    If you prefer a more manual approach, you can create a spreadsheet to track your cryptocurrency balance. Simply list all your holdings and update the quantities manually whenever you make a transaction. You can also include columns for the purchase price, current price, and total value. This method requires more effort, but it gives you complete control over your data and allows for customization. Just make sure to regularly update your spreadsheet to reflect any changes in your cryptocurrency balance.
  • avatarDec 16, 2021 · 3 years ago
    Another option is to use the services provided by BYDFi. They offer a comprehensive cryptocurrency tracking platform that allows you to monitor your balances across multiple exchanges and wallets. With BYDFi, you can view your portfolio performance, track your transaction history, and set up alerts for price movements. Their platform is user-friendly and provides valuable insights to help you manage your cryptocurrency holdings effectively. Consider giving BYDFi a try if you're looking for a convenient and reliable way to track your cryptocurrency balance.