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Why does Coinbase show 99% next to my Ethereum dashboard?

avatarKirkpatrick QuinnDec 17, 2021 · 3 years ago3 answers

I noticed that on my Coinbase account, there is a 99% next to my Ethereum dashboard. What does this percentage represent and why is it displayed?

Why does Coinbase show 99% next to my Ethereum dashboard?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    The 99% next to your Ethereum dashboard on Coinbase represents the percentage of your Ethereum holdings in relation to your total cryptocurrency portfolio. It is a way for Coinbase to show you the allocation of your assets. This can be helpful in understanding how much of your portfolio is invested in Ethereum compared to other cryptocurrencies.
  • avatarDec 17, 2021 · 3 years ago
    The 99% next to your Ethereum dashboard is an indication of the dominance of Ethereum in your portfolio. It means that Ethereum makes up 99% of your total cryptocurrency holdings on Coinbase. This can be useful information for investors who want to track the performance of specific cryptocurrencies in their portfolio.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, we also display the percentage of each cryptocurrency in your portfolio, including Ethereum. This allows you to easily see the distribution of your assets and make informed investment decisions. The 99% next to your Ethereum dashboard indicates that Ethereum is the majority of your holdings on Coinbase. If you have any further questions, feel free to ask!