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    Home»Finance»How Do You Manage Crypto Money
    Finance

    How Do You Manage Crypto Money

    The Post CityBy The Post CityAugust 20, 2021No Comments3 Mins Read
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    Did you know that cryptocurrency was founded in 2009? If you are new to the crypto world and are now looking for ways to manage your crypto money, you are in the right place. We have put together this guide to share some of the best ways to track and manage your cryptocurrencies.

    Keep reading to learn the ins and outs of making sure you do not loose track of your virtual money.

    1. Crypterium

    A great way to keep track of your money is by using this Multi crypto wallet that is compatible with desktops and mobile devices. You can use this application in over 170 countries and the funds in there are insured.

    You can get a wallet in less than a minute and have access to over 19 crypto coins. This crypto wallet is definitely one that you should consider using if it is available in your country because it is user friendly and it is protected by a 3-layer security and anti-fraud protocol.

    2. Blockfolio

    This app is perfect to keep track of the different coins that you buy. You do not buy your coins in Blockfolio but you can keep a record of when you buy each coin and how much you paid. Once you input all of the information on the coins that you purchased you can create charts if you choose via the app.

    You can also set up notifications that will tell you when certain coins cross over a certain price or when they dip below a price that you want to buy at. You also get the latest news stories via the homepage of Blockfolio.

    3. CoinTracking

    With CoinTracking you have a lot of different functions to choose from such as seeing all of your trades, the current price of bitcoin and alt coins, and the total value of all of the coins you have invested in. There is also the option to see which platforms you are using for your trades and a break down of each coin type you have money in.

    One of the pros of coinTracking is that it offers tax return documents. These can make tax season a lot easier to navigate because it keeps track of investments, losses, and profits. You have the option to manually input each coin you purchase or you can opt to use the automatic API importer.

    Ready to Manage Your Crypto Money With No Worries?

    We hope that now that you know the ins and outs of managing your crypto-money, you can make informed decisions about not only where to keep your money but how to keep track of where your money is and how much you have. Please keep in mind to never invest money you can’t afford to lose in the crypto market.

    Did this blog post help you out today? Feel free to keep browsing around for more tips and tricks.

    Read Also:4 Practical Reasons to Use a Financial Planning App

     

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