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What are the best ways to track my cryptocurrency transactions on Shopify?

avatarSarah StricklerDec 18, 2021 · 3 years ago3 answers

I'm running an online store on Shopify and I want to track my cryptocurrency transactions. What are the best methods or tools I can use to effectively track and monitor my cryptocurrency transactions on Shopify?

What are the best ways to track my cryptocurrency transactions on Shopify?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    One of the best ways to track your cryptocurrency transactions on Shopify is by using a dedicated cryptocurrency payment gateway. These gateways integrate with your Shopify store and provide you with real-time tracking and reporting of your cryptocurrency transactions. Some popular options include CoinGate, BitPay, and Coinify. These gateways not only allow you to accept cryptocurrency payments but also provide you with detailed transaction information, such as the amount, currency, and customer details. With these tools, you can easily keep track of your cryptocurrency transactions and reconcile them with your Shopify orders.
  • avatarDec 18, 2021 · 3 years ago
    If you're looking for a more manual approach, you can use a cryptocurrency wallet that supports transaction tracking. Most cryptocurrency wallets provide you with a unique address for each transaction, which you can use to identify and track your transactions. You can then manually match these transactions with your Shopify orders to keep track of your cryptocurrency sales. However, this method can be time-consuming and may not provide real-time tracking and reporting like dedicated payment gateways.
  • avatarDec 18, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that offers a seamless integration with Shopify. With BYDFi, you can easily track and manage your cryptocurrency transactions directly from your Shopify dashboard. It provides you with real-time transaction tracking, detailed reporting, and automatic reconciliation with your Shopify orders. BYDFi also offers advanced features like multi-currency support and customizable transaction labels. With BYDFi, you can streamline your cryptocurrency transactions and have a complete overview of your sales and revenue.