Are there any tools or platforms that can help track PNL in cryptocurrency investments?
NikolasDec 27, 2021 · 3 years ago7 answers
Can you recommend any tools or platforms that can help track Profit and Loss (PNL) in cryptocurrency investments? I'm looking for a reliable solution to keep track of my gains and losses across multiple exchanges and wallets. It would be great if the tool or platform also provides real-time updates and supports various cryptocurrencies. What options are available?
7 answers
- Dec 27, 2021 · 3 years agoSure! One popular tool for tracking PNL in cryptocurrency investments is CoinTracking. It offers a comprehensive set of features, including automatic import of trades from exchanges, portfolio tracking, and tax reporting. CoinTracking supports a wide range of exchanges and wallets, making it easy to consolidate all your trading activity in one place. With real-time updates and a user-friendly interface, it's a great choice for both beginners and experienced traders.
- Dec 27, 2021 · 3 years agoAbsolutely! If you're looking for a simpler solution, you might want to check out Blockfolio. It's a mobile app that allows you to track your cryptocurrency investments and monitor your PNL on the go. Blockfolio supports over 10,000 cryptocurrencies and provides real-time price updates. You can manually enter your trades or connect your exchange accounts for automatic tracking. It's a handy tool for keeping an eye on your portfolio performance.
- Dec 27, 2021 · 3 years agoDefinitely! BYDFi is a platform that can help you track PNL in cryptocurrency investments. It offers a comprehensive suite of tools and features, including portfolio tracking, real-time market data, and advanced analytics. BYDFi supports multiple exchanges and wallets, allowing you to easily monitor your gains and losses across different platforms. With its user-friendly interface and powerful reporting capabilities, BYDFi is a popular choice among cryptocurrency traders.
- Dec 27, 2021 · 3 years agoSure thing! Another option worth considering is Delta. It's a portfolio tracking app that provides real-time updates on your cryptocurrency investments. Delta supports over 300 exchanges and wallets, making it easy to sync your trades and monitor your PNL. The app offers a range of features, including price alerts, news updates, and a tax calculator. With its sleek design and intuitive interface, Delta is a great tool for managing your crypto portfolio.
- Dec 27, 2021 · 3 years agoAbsolutely! If you prefer a web-based platform, you might want to check out CoinStats. It's a comprehensive cryptocurrency portfolio tracker that allows you to monitor your PNL across multiple exchanges and wallets. CoinStats offers real-time price updates, portfolio insights, and tax reporting. You can connect your exchange accounts for automatic tracking or manually enter your trades. With its user-friendly interface and extensive range of features, CoinStats is a reliable choice for tracking your cryptocurrency investments.
- Dec 27, 2021 · 3 years agoDefinitely! Another tool you can consider is CryptoCompare. It provides a range of features for tracking your PNL in cryptocurrency investments. CryptoCompare offers real-time market data, portfolio tracking, and price alerts. You can connect your exchange accounts or import trades manually. With its comprehensive set of tools and easy-to-use interface, CryptoCompare is a popular choice among cryptocurrency investors.
- Dec 27, 2021 · 3 years agoSure thing! One more option to consider is CoinGecko. It's a cryptocurrency data platform that offers portfolio tracking and market insights. CoinGecko supports multiple exchanges and provides real-time price updates. You can manually enter your trades or connect your exchange accounts for automatic tracking. With its user-friendly interface and extensive range of features, CoinGecko is a reliable tool for tracking your PNL in cryptocurrency investments.
Related Tags
Hot Questions
- 95
How can I buy Bitcoin with a credit card?
- 77
How can I protect my digital assets from hackers?
- 60
What are the tax implications of using cryptocurrency?
- 51
Are there any special tax rules for crypto investors?
- 51
What are the best practices for reporting cryptocurrency on my taxes?
- 48
How does cryptocurrency affect my tax return?
- 37
What are the advantages of using cryptocurrency for online transactions?
- 31
What is the future of blockchain technology?