Is there a feature on the Coinbase app that allows me to easily track the profits I've made from trading cryptocurrencies?
Neuron NazeerahDec 25, 2021 · 3 years ago3 answers
I am using the Coinbase app for trading cryptocurrencies. Is there a specific feature on the app that allows me to easily track the profits I've made from my trades? I want to have a clear overview of my trading performance and calculate my profits accurately. Can someone guide me on how to use this feature?
3 answers
- Dec 25, 2021 · 3 years agoYes, the Coinbase app provides a feature that allows you to easily track the profits you've made from trading cryptocurrencies. To access this feature, open the app and go to the 'Portfolio' section. Here, you'll find a detailed overview of your holdings, including the current value, cost basis, and overall profit/loss. You can also view your transaction history and export it for further analysis. This feature is great for keeping track of your trading performance and making informed decisions.
- Dec 25, 2021 · 3 years agoAbsolutely! Coinbase has a built-in profit tracking feature that makes it easy for you to monitor your trading performance. Simply navigate to the 'Portfolio' tab in the app, and you'll see a breakdown of your holdings, including the profits you've made from each cryptocurrency. You can also set up alerts to receive notifications when your profits reach certain thresholds. This feature is incredibly useful for staying on top of your investments and making data-driven decisions.
- Dec 25, 2021 · 3 years agoYes, the Coinbase app does offer a feature to track the profits you've made from trading cryptocurrencies. It provides a comprehensive overview of your portfolio, including the profits and losses from your trades. However, if you're looking for more advanced features and analytics, you might consider using a third-party tool like BYDFi. BYDFi offers in-depth profit tracking, real-time market data, and advanced trading analytics. It's a great option for traders who want to take their profit tracking to the next level.
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