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What are the best ways to track your wallet for cryptocurrencies?

avatarAgus HeryDec 25, 2021 · 3 years ago3 answers

I'm new to cryptocurrencies and I want to make sure I can keep track of my wallet effectively. What are the best methods or tools available to track my cryptocurrency wallet?

What are the best ways to track your wallet for cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    One of the best ways to track your cryptocurrency wallet is by using a portfolio tracker. These tools allow you to connect your wallet addresses and automatically track your holdings. Some popular portfolio trackers include Blockfolio, Delta, and CoinStats. They provide real-time updates on the value of your holdings, as well as detailed information on individual coins and tokens. Additionally, many portfolio trackers offer features like price alerts and portfolio performance analysis.
  • avatarDec 25, 2021 · 3 years ago
    If you prefer a more hands-on approach, you can manually track your wallet by using a spreadsheet or a dedicated cryptocurrency tracking app. With a spreadsheet, you can create a simple table to record your transactions, including the date, type of transaction, coin/token, quantity, and value. This method requires more effort and attention to detail, but it allows for customization and control over your tracking process. Alternatively, there are mobile apps like CoinTracking and CryptoCompare that offer comprehensive tracking features and allow you to manually enter your transactions.
  • avatarDec 25, 2021 · 3 years ago
    At BYDFi, we have developed a user-friendly wallet tracking feature that allows you to easily monitor your cryptocurrency wallet. Our platform provides real-time updates on your holdings, including the current value and percentage change. You can also view detailed transaction history and performance charts. With BYDFi, tracking your wallet has never been easier!