Recently updated on February 10th, 2023 at 07:14 pm
Investors and traders of any size wish to use the right tool for viewing digital currency growth and performance in the market. A different range of portfolio trackers is available today with great functionality.
You can choose the right crypto portfolio tracker to track your portfolio effectively. Before choosing a tool, you can understand certain elements.
- More about digital currency portfolio tracker
- Necessity of portfolio tracker
- Attributes that identify the best tool for a portfolio
- Gather a complete list of a tracker to maintain digital asset
A portfolio tracker serves as a digital tool and allows an investor to check every coin value and performance in the present digital currency landscape. Investors have the proper support to maintain a perfect portfolio. You may connect your wallet to an app or platform and control the digital asset. Some users also incorporate it with an exchange account to trade assets and view every transaction readily.
1. Connect with a third-party aggregator:
Digital currency portfolio tracking platform helps investors to track assets. The platform can work by linking with third-party aggregator API and enabling them into different digital currency data feeds. It is the best option for tracking the investment and portfolio.
Before using any portfolio tracker, you can test them properly and ensure that it works in a specific instance. You can gain quick access to different crypto accounts. You must understand the technology behind the software and connect crypto within a few clicks. It will sync investment automatically and aids you view value in real-time.
2. Usability via automation:
The main reason to use a tracker is to build a dashboard with pertinent details about the investment. You can view how the portfolio performs at a single glance. Crypto owners look at the best app for crypto taxes and automate the tax return. People need an app for ease of use and automation. You must enter crypto account details on the tracker.
- Users have the excellent capability to add assets and check progress anytime and anywhere.
- It is best practice to prevent manual re-updating of an asset.
- Investors view holding value in a preferred asset and get real-time results.
3. Portfolio association:
Investors realize that diversification is essential to manage a healthy portfolio for a long time and enhance net worth. You can understand how all of them function together and significantly impact the crypto portfolio.
- Tracker is a robust solution to unify the portfolio completely.
- You can see every detail in the dashboard and know more about net worth and investment.
- A single dashboard provides accurate details about investments and swaps each asset value.
Crypto owners receive a comprehensive report that details the overall transaction, portfolio functionality, and performance. You can check details like cost, sales price, gains, and much more through the tracker.
Proper knowledge and insight help crypto investors make the right decision for their portfolios. You can follow simple steps to sign up with the platform and get ready to use the tracker to track portfolio management.