BEST WAY to track DeFi Portfolio! - YouTube

Hi, I'm Olga and nice to see you in another video on my channel!

Today I would like to show you how you can track your portfolio in real time in a very

easy way.

Considering the high volatility of cryptocurrencies, as well as holding them in many wallets and

exchange accounts, in different cryptocurrencies, such a possibility will certainly come in

handy for anyone who wants to know how much their portfolio is worth at any given time.

The app i’m going to tell you about today is called Coinstats and it works perfectly

for this.

It allows you to keep track of your wallet using just one application.

If you are interested in this topic, leave a thumb up and let's get started!

The whole operation of the app is extremely simple, and you can connect really many exchanges

or wallets to it.

But before we go to the actual part of this video i would like to tell you that by registering

from my link you will get 40% discount, so i think it's worth to use it.

Let me now turn to the Coinstats app itself and tell you how it works.

When we open the CoinStats app, we will be shown a ranking of cryptocurrencies.

In order from highest to lowest market capitalization, all cryptocurrencies will be displayed.

Next to each of them we will find information on how much their prices have changed in the

last 24 hours, as well as how much each of them costs at the moment.

If we are not interested in the price of bitcoin, ethereum and other top cryptocurrencies, we

can set our own favorite cryptocurrencies to monitor in the „favorites” tab on the

home screen.

In the next tab we also have information about changes in the overall market in the last

24 hours, as well as statistics of cryptocurrency exchanges.

By default, all prices are displayed in US dollars, which can be changed by clicking

on USD in the upper right corner of the screen.

However, the feature that allows you to track your portfolio is worth a look.

In this tab (marked with a briefcase icon in the bottom menu), we can manually add the

cryptocurrencies we own, along with how many units of each cryptocurrency we have and how

much we bought them for.

This will allow the CoinStats app to calculate for us how much percentage profit or loss

we have on a particular investment and how many dollars or bitcoin it is.

If you make a lot of moves, manually adding and deleting information about your purchases

would be inconvenient.

This is where the feature to automatically link our CoinStats wallet to our stock market

account or wallet comes to the rescue.

All we need to do is create an API key on our exchange account, such as Binance.

Once it is created, we scan the QR code displayed in Binance with the CoinStats app.

This way the application has access to our Binance account information and loads the

data about the holdings and purchase prices of the given securities by itself.

If we buy or sell something on Binance, CoinStats itself will update this information using

the API information channel.

A really great option, right?

Coinstats also offers a news aggregator.

We can receive information directly from the teams of the cryptocurrencies we own or we

can decide ourselves from which media we are interested in the information.

Moreover CoinStats has a built-in calculator which will help us quickly convert the value

of e.g. some part of a bitcoin to dollar.

Finally, the application will notify us if the price changes in a given direction by

a given value when we set an alert.

If something important happens, we can also be notified immediately by CoinStats.

In my opinion, this is a very useful application.

First of all, it helps to manage our wallets, keep them in order, track price changes, as

well as conveniently and quickly check the exchange rate of other cryptocurrencies and

stay up to date with the most important events in the crypto world.

I use the coinstats app myself because i use a lot of wallets and it takes a really long

time to check each one.

The combination of all the options like calculator, news aggregator, and portfolio tracking is

really very helpful and i encourage you to check out this app.

You can download CoinStats app for your IOS phone, android phone, and mac.

Thank you so much for watching this video and if you liked it please leave a thumb up.

Also share in the comments below this video what you think about CoinStats app.

See you in the next video, bye!