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RE: Best cryptocurrency portfolio tracker / bitcoin tracker

in #cryptocurrency7 years ago

I have been using for 2 months now. API integration saves a lot of manual effort. But since different exchanges have different support some APIs allow syncing the deposits and withdrawals while others don't. So this leads to negative balances for some coins sometimes. In such cases we will need to add a manual trade entry to balance it out. This seems to be a pain. Other than that I like the tool and have purchased the licence for an year.

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I see. That sounds too complicated for me, especially when I don't do daily trading and entering trades manually isn't a big problem. The biggest issue for me is that these portfolio managers don't have "shared wallets". What I mean is that when I buy BTC with fiat and then an altcoin with BTC, my BTC balance doesn't go down. Instead, it's considered as a new deposit. Any chance that you know some that supports this, please?

They have a new feature called "API balance" where you can look at the balances in all your exchanges in which you have enabled API integration. I think that should be sufficient for the scenario you are mentioning.

Also Cointracking already takes care of the deposit purchase issue. Since Cointracking will have the details of all the wallets in your exchange it can identify if you are making a trade or if you are moving funds to your wallets from external addresses.

The new transfer function makes it very handy if at least one of the exchanges sends IN/OUT information via API.
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It duplicates the transfer and changes buy and sell amount. Some manual actions are totally okay for me :)
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