common-close-0
BYDFi
Trade wherever you are!

What are the best ways to monitor the balance of my digital currency holdings?

avatarLangley DonaldsonDec 29, 2021 · 3 years ago3 answers

I want to keep track of my digital currency holdings, but I'm not sure what the best methods are. What are some effective ways to monitor the balance of my digital currency holdings?

What are the best ways to monitor the balance of my digital currency holdings?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    One of the best ways to monitor the balance of your digital currency holdings is by using a reputable cryptocurrency wallet. These wallets often provide a user-friendly interface that allows you to easily view your balances and transaction history. Additionally, many wallets offer real-time price updates and portfolio tracking features, making it even easier to stay on top of your investments. Some popular cryptocurrency wallets include Coinbase, Exodus, and Ledger Nano S.
  • avatarDec 29, 2021 · 3 years ago
    If you prefer a more hands-on approach, you can also monitor your digital currency holdings by using a spreadsheet or portfolio tracker. This allows you to manually input your transactions and track your balances over time. While it may require more effort, it gives you complete control over your data and allows for more customization. There are many portfolio trackers available, both online and offline, such as CoinTracking, Blockfolio, and Delta.
  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, we recommend using our advanced digital currency monitoring platform. Our platform offers real-time balance tracking, portfolio management tools, and customizable alerts. With BYDFi, you can easily monitor your digital currency holdings across multiple exchanges and wallets, all in one place. Stay informed about your investments and make better decisions with our comprehensive monitoring solution.