Binance offers a comprehensive suite of tools to help you effectively manage and monitor your cryptocurrency investments. Here's how you can utilize these features:
1. Accessing Your Portfolio:
Log In: Sign in to your Binance account.
Navigate to Wallet: Go to the Wallet section.
Overview: Select "Overview" to view a summary of your holdings, including balances and asset distribution.
2. Portfolio Insight Feature:
The Portfolio Insight tool provides detailed analytics of your trading activities:
Total Profit and Loss (PNL): Assess your overall investment performance.
Asset Analysis: View net worth trends and asset allocation.
Behavior Review: Analyze your trading behaviors and compare them with other Binance users.
Cumulative PNL Ranking: See how your cumulative PNL ranks among other traders.
3. Auto-Invest Portfolio Plans:
For automated portfolio growth, consider using Binance's Auto-Invest feature:
Create a Plan: Customize a portfolio by selecting multiple cryptocurrencies and setting their allocation percentages.
Set Recurring Purchases: Choose the amount and frequency of your investments.
Automated Management: The system will automatically purchase and allocate funds based on your plan.
4. External Portfolio Tracking Tools:
In addition to Binance's native features, several third-party applications can help you monitor your crypto portfolio:
CoinStats: Offers real-time price updates, portfolio analysis, and multi-exchange support.
Delta: Provides an intuitive interface with profit/loss breakdowns and watchlists.
Crypto Pro: Ideal for Apple users, it syncs across devices and emphasizes privacy.
CoinTracker: Integrates portfolio tracking with tax reporting features.
CryptoView: Allows unified tracking and trading across multiple exchanges.