Can you recommend any methods to monitor PNL on KuCoin?

3 answers

• Dec 25, 2021 · 3 years ago
  Sure! One method to monitor PNL on KuCoin is to use the built-in trading history feature. KuCoin provides a detailed trading history that includes information on your profits and losses for each trade. You can access this feature by logging into your KuCoin account and navigating to the 'Trading History' section. Another method is to use third-party portfolio tracking tools like CoinTracking or Delta. These tools allow you to import your trading data from KuCoin and provide comprehensive PNL tracking and analysis. They also offer features like real-time portfolio value tracking and tax reporting. Overall, monitoring PNL on KuCoin can be done through the platform's built-in features or by using external portfolio tracking tools.
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• Dec 25, 2021 · 3 years ago
  Absolutely! Keeping track of your PNL on KuCoin is crucial for evaluating your trading performance. One method you can use is to manually record your trades in a spreadsheet. This allows you to calculate your PNL by subtracting the purchase price from the selling price for each trade. Another option is to use trading bots or automated trading platforms that offer PNL tracking as part of their features. These tools can automatically calculate your PNL based on your trading activity on KuCoin. Additionally, you can set up price alerts on KuCoin for the cryptocurrencies you're trading. This way, you'll be notified whenever there are significant price changes that may impact your PNL. Remember, monitoring your PNL regularly is essential for making informed trading decisions and optimizing your profitability.
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• Dec 25, 2021 · 3 years ago
  Sure, there are several methods you can use to monitor PNL on KuCoin. One popular option is to use the BYDFi platform. BYDFi offers advanced portfolio tracking and PNL monitoring features specifically designed for KuCoin users. With BYDFi, you can easily import your trading data from KuCoin and track your PNL in real-time. The platform also provides detailed analytics and performance insights to help you make informed trading decisions. Additionally, you can set up custom alerts and notifications to stay updated on your PNL changes. Overall, BYDFi is a comprehensive solution for monitoring PNL on KuCoin.
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