How can I keep track of all of my cryptocurrency assets in one place?
Is there an app that can help me manage my transactions, build a cryptocurrency portfolio, and view price changes on one dashboard?
There is
Moreover, it is known as the CoinMarketCap app.
Using the CoinMarketApp, you can keep track of every one of your cryptocurrency purchases, transactions, and price history. Everything in a single useful app.
The number of exchanges, coins, and tokens is enormous.
Some exchanges, like WazirX, prevent you from withdrawing some coins, including DOGE.
There are instances when your favorite cryptocurrency wallet does not support all the coins you purchase. For instance, Cardano is not supported by Trust Wallet. Likewise, Matic is not supported by Exodus.
CoinMarketCap is a useful application in these circumstances.
It is straightforward software for tracking your cryptocurrency portfolio that respects your privacy. At least when you follow the instructions I provide in this post. (Scroll down to the section below for privacy tips.)
How Can CoinMarketCap Aid in the Management of Your Crypto Portfolio?
- To keep track of your cryptocurrency, you must enter the transaction.
- After all, it doesn’t connect to your cryptocurrency wallets and download data like a Mint or IndWealth app.
- You must manually enter the quantity of coins you HODL, buy, sell, or transfer. In addition, you must update the transaction in your CoinMarketCap account after each transaction.
- This means they don’t have your wallet, public keys, exchange, or other personal information.
- Their dashboard is quite stylish. This tool lets you view your day, month, year, and 24-hour performance.
Additionally, it offers a statistics display and a piechart view. On the statistics page, you may check your daily “top-performing” and “worst-performing” cryptocurrency. and how much you gained or lost over the previous 24 hours.
Moreover, CoinMarketCap has a price alert feature. This means that if you are a trader, you can monitor the ups and downs of the market.
Which is ridiculous; why trade?
It also offers a cryptocurrency news feed that updates you on recent business news.
For tracking all of your cryptocurrency currencies and tokens in one location, CoinMarketCap is a good software. Especially if you carry a wide variety of coins in numerous wallets,
Before you begin using CoinMarketCap, read this privacy tip.
Before using CoinMarketCap, you must first establish an account using your email. This means they have a way to keep track of your cryptocurrency investments, such as how much you have and which coins you have.
Therefore, you shouldn’t use the same email address to log into your cryptocurrency exchange while registering a CoinMarketCap account. Even more so if you store your money in your exchange spot wallet. (To avoid this mistake, always withdraw coins to your wallet.)
- Use a pseudonym and an old email address that you hardly ever use.
- Also, visit their website rather than their mobile app. It merely adds another level of security.
- Additionally, while visiting their website, use a VPN.
- Don’t reveal how many coins you have to anyone.
- Your information is accessible to an exchange because Binance owns CoinMarketCap.
- I hope you found this essay useful.