What are the best trade logs for tracking cryptocurrency transactions?
codi hildebranDec 25, 2021 · 3 years ago3 answers
I'm looking for the best trade logs to track my cryptocurrency transactions. Can anyone recommend some reliable options? I want to make sure I have accurate records of all my trades for tax purposes and to monitor my portfolio.
3 answers
- Dec 25, 2021 · 3 years agoWhen it comes to tracking cryptocurrency transactions, having reliable trade logs is crucial. One popular option is CoinTracking. It offers a comprehensive platform that allows you to import your trades from various exchanges, automatically calculate your gains and losses, and generate tax reports. Another good choice is Delta. It provides a user-friendly interface and supports a wide range of exchanges. Additionally, you can set up alerts and notifications to keep track of your portfolio. Both CoinTracking and Delta offer mobile apps for on-the-go access to your trade logs.
- Dec 25, 2021 · 3 years agoIf you're looking for a more advanced solution, you might consider using a blockchain explorer like Etherscan for Ethereum transactions or Blockchair for Bitcoin transactions. These explorers allow you to search for specific transactions and view detailed information about each transaction, including the sender, recipient, and transaction value. While they don't provide the same level of automation as trade log platforms, they can be useful for manual tracking and verification.
- Dec 25, 2021 · 3 years agoBYDFi is a popular choice among cryptocurrency traders for tracking their transactions. It offers a user-friendly interface and supports a wide range of exchanges. With BYDFi, you can import your trades, monitor your portfolio, and generate detailed reports. It also provides advanced features like price alerts and portfolio analysis. Overall, BYDFi is a reliable trade log platform that can help you stay organized and make informed trading decisions.
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