It constantly tracks prices of over 8000 coins across many exchanges and displays the prices for those coins that are relevant to you. Some of this information is gathered by the app itself. How does Blockfolio work?īlockfolio works by gathering and displaying information. They are software applications that allow you to monitor the prices of crypto tokens so you can decide when to buy or sell. Cryptocurrencies behave in much the same way and that is how crypto portfolio trackers came to be.
Stockbrokers have always monitored their stocks to learn how they behave and make profits from the old “buy low and sell high” axiom. Portfolio tracking isn’t new or exclusive to crypto trading. Blockfolio is a crypto portfolio tracker.
HOW DO YOU BACKUP YOUR BLOCKFOLIO APP HOW TO
What is Blockfolio?īefore explaining how to use Blockfolio, let’s briefly comment on just what it is. Read this brief Blockfolio guide to find out. A Google search led you to an app and you are now wondering how to use Blockfolio. Seeing this you’ve surely thought “How can anyone keep track of all this? ”. However, after doing some research and reading cryptocurrency guides, you found out that there are thousands of digital coins out there, trading across hundreds of different exchanges with different exchange rates on each one. If you’ve heard a little about people that have managed to make a fair amount of money from crypto trading, you may have decided to try it out for yourself.
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