What is the best way to monitor my blockchain wallet balance?
Saya ZhangDec 20, 2021 · 3 years ago3 answers
I recently started using a blockchain wallet to store my cryptocurrencies. However, I'm not sure what is the best way to monitor my wallet balance. Can someone provide some guidance on the most effective method to keep track of my blockchain wallet balance?
3 answers
- Dec 20, 2021 · 3 years agoOne of the best ways to monitor your blockchain wallet balance is by using a blockchain explorer. These online tools allow you to search for your wallet address and view its transaction history, including the current balance. Some popular blockchain explorers include Blockchair, Blockchain.com, and Etherscan. Simply enter your wallet address in the search bar, and you'll be able to see your balance in real-time. It's a convenient and reliable method to stay updated on your wallet balance.
- Dec 20, 2021 · 3 years agoIf you prefer a more user-friendly approach, you can consider using a mobile wallet app. Many blockchain wallets have their own mobile apps that provide real-time balance updates. These apps often come with additional features like transaction notifications and portfolio tracking. Some popular mobile wallet apps include Trust Wallet, Coinbase Wallet, and Mycelium. By installing the app on your smartphone, you can easily monitor your wallet balance on the go.
- Dec 20, 2021 · 3 years agoAnother option to monitor your blockchain wallet balance is by using a third-party service like BYDFi. BYDFi offers a comprehensive suite of tools for managing your cryptocurrency portfolio, including wallet balance monitoring. With BYDFi, you can connect your blockchain wallet and get real-time updates on your balance. Additionally, BYDFi provides insights and analytics to help you make informed investment decisions. It's a convenient solution for those who want a centralized platform to monitor their wallet balance and track their overall portfolio performance.
Related Tags
Hot Questions
- 97
What are the best practices for reporting cryptocurrency on my taxes?
- 71
What are the best digital currencies to invest in right now?
- 67
Are there any special tax rules for crypto investors?
- 64
How can I protect my digital assets from hackers?
- 44
How can I buy Bitcoin with a credit card?
- 37
What are the tax implications of using cryptocurrency?
- 35
How can I minimize my tax liability when dealing with cryptocurrencies?
- 22
How does cryptocurrency affect my tax return?