What tools or platforms can I use to keep a record of my cryptocurrency activity?

7 answers

• Nov 28, 2021 · 3 years ago
  One popular tool that you can use to keep a record of your cryptocurrency activity is a cryptocurrency portfolio tracker. These platforms allow you to input your transactions and holdings, and they automatically calculate your portfolio value and provide detailed reports. Some popular portfolio trackers include CoinTracker, Blockfolio, and Delta. These tools can help you stay organized and make informed decisions about your cryptocurrency investments.
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• Nov 28, 2021 · 3 years ago
  If you prefer a more hands-on approach, you can use a spreadsheet software like Microsoft Excel or Google Sheets to manually record your cryptocurrency activity. This option gives you more control over the format and customization of your records. You can create different sheets to track different cryptocurrencies or use formulas to calculate your portfolio value. However, keep in mind that this method requires more manual effort and may not provide real-time data.
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• Nov 28, 2021 · 3 years ago
  At BYDFi, we offer a comprehensive platform for tracking and managing your cryptocurrency activity. Our platform allows you to connect your exchange accounts and wallets, and it automatically imports your transactions and balances. You can easily view your portfolio performance, generate tax reports, and set up alerts for price changes. With BYDFi, you can have a complete overview of your cryptocurrency activity in one place.
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• Nov 28, 2021 · 3 years ago
  Another option is to use a dedicated accounting software specifically designed for cryptocurrency. These tools are more advanced and provide features like tax calculations, capital gains reporting, and integration with popular exchanges. Some popular accounting software for cryptocurrency include CoinTracking, Koinly, and Accointing. These tools can be especially useful if you have a large number of transactions or need to generate accurate tax reports.
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• Nov 28, 2021 · 3 years ago
  If you prefer a mobile app, there are several cryptocurrency tracking apps available on both iOS and Android. These apps allow you to easily record your transactions, track your portfolio value, and receive price alerts. Some popular mobile apps for cryptocurrency tracking include Crypto.com, CoinStats, and Crypto Tracker. These apps are convenient for on-the-go tracking and provide a user-friendly interface.
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• Nov 28, 2021 · 3 years ago
  If you are looking for a free option, you can use a simple spreadsheet template specifically designed for cryptocurrency record keeping. These templates are available online and provide basic functionality for tracking your transactions and portfolio value. While they may not have advanced features like automatic data import or tax calculations, they can still be a useful tool for basic record keeping.
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• Nov 28, 2021 · 3 years ago
  In conclusion, there are several tools and platforms available to keep a record of your cryptocurrency activity. Whether you prefer a portfolio tracker, spreadsheet software, accounting software, mobile app, or a simple spreadsheet template, you can find a solution that suits your needs and preferences.
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