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What is the best way to monitor the balance of my digital wallet for cryptocurrencies?

avatarDev PathakDec 18, 2021 · 3 years ago3 answers

I recently started using a digital wallet to store my cryptocurrencies, but I'm not sure how to effectively monitor the balance. What is the best way to keep track of the balance of my digital wallet for cryptocurrencies?

What is the best way to monitor the balance of my digital wallet for cryptocurrencies?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    One of the best ways to monitor the balance of your digital wallet for cryptocurrencies is to use a reliable portfolio tracker. There are several portfolio tracking apps and websites available that allow you to connect your wallet and track your balances in real-time. These platforms often provide additional features such as price alerts, portfolio performance analysis, and historical data. Some popular portfolio trackers include CoinStats, Blockfolio, and Delta. By using a portfolio tracker, you can easily stay updated on the balance of your digital wallet without the need to manually check each individual wallet or exchange.
  • avatarDec 18, 2021 · 3 years ago
    If you prefer a more hands-on approach, you can monitor the balance of your digital wallet by regularly checking the blockchain explorer of the specific cryptocurrency you hold. Each cryptocurrency has its own blockchain explorer where you can search for your wallet address and view the current balance. This method requires a bit more effort as you need to check each cryptocurrency individually, but it provides a direct and reliable way to monitor your wallet balance without relying on third-party apps or platforms.
  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, we offer a convenient solution for monitoring the balance of your digital wallet. Our platform allows you to connect your wallet and view the balance in real-time. You can also set up price alerts and receive notifications when your balance reaches a certain threshold. With BYDFi, you can easily keep track of your digital wallet balance and stay informed about the latest market movements. Sign up for a free account today and start monitoring your wallet balance with ease!