Trading & tracking

Short answer:

Coinfox serves as a central tracking tool for all your crypto trades. Every purchase, sale, or exchange of coins is clearly recorded, allowing you to track your trading activities across all exchanges and evaluate your success in real time.

Detailed answer:

Whether you are a casual investor or a frequent trader – Coinfox helps you keep an overview of your trades:

Record trades: All trading activities (purchases, sales, swaps) can be documented in Coinfox. Use the API connections of your exchanges to automatically import transactions, or enter trades manually if you have traded via OTC or DEX, for example. CoinFox supports numerous exchanges and wallets, so your entire history is collected in one place.
Performance tracking: After each recorded transaction, Coinfox updates your portfolio metrics. You can immediately see how a trade affects your overall balance. Gains and losses are calculated both per trade and aggregated for your entire portfolio. For instance, after selling a Bitcoin, you can view the profit (or loss) made and track your current return in percentage.
Analysis & Reporting: For experienced traders, Coinfox offers advanced evaluation options. You can filter your trades by time period, coin, or platform to gain targeted insights. Visualizations like line charts showing your portfolio value development help in identifying trends. Beginners benefit from the simple representation, while professionals appreciate the detailed metrics.
No direct trading: It's important to note that Coinfox is not a trading platform itself. This means you continue to execute your trades on the respective exchanges. Coinfox subsequently takes care of documentation and evaluation. This way, you always maintain full control over your assets while CoinFox handles the accounting for you.

With Coinfox, tracking your trading activities becomes child's play. You no longer need to manually maintain Excel spreadsheets, but can see all important information automatically in one place.