common-close-0
BYDFi
Trade wherever you are!

How can I track my DeFi portfolio and monitor my cryptocurrency holdings?

avatarLange MacGregorDec 27, 2021 · 3 years ago3 answers

What are some effective ways to track my DeFi portfolio and keep an eye on my cryptocurrency holdings?

How can I track my DeFi portfolio and monitor my cryptocurrency holdings?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    One effective way to track your DeFi portfolio and monitor your cryptocurrency holdings is by using a portfolio tracking app. There are several apps available in the market that allow you to connect your wallets and exchanges to automatically track your holdings. These apps provide real-time updates on the value of your portfolio, as well as detailed information about each asset. Some popular portfolio tracking apps include Blockfolio, Delta, and CoinStats. By using these apps, you can easily keep track of your DeFi investments and stay informed about the performance of your cryptocurrency holdings.
  • avatarDec 27, 2021 · 3 years ago
    If you prefer a more manual approach, you can use a spreadsheet to track your DeFi portfolio and cryptocurrency holdings. Create a spreadsheet with columns for the name of the asset, the quantity you own, the purchase price, and the current price. You can manually update the current price of each asset periodically to calculate the value of your portfolio. This method requires more effort compared to using a portfolio tracking app, but it gives you more control over the data and allows for customization based on your specific needs.
  • avatarDec 27, 2021 · 3 years ago
    Another option to track your DeFi portfolio and monitor your cryptocurrency holdings is by using the services provided by BYDFi. BYDFi offers a comprehensive platform that allows you to connect your wallets and exchanges to track your holdings. The platform provides real-time data on the value of your portfolio, as well as advanced analytics and insights. With BYDFi, you can easily monitor the performance of your DeFi investments and make informed decisions based on the data provided.