CoinStats rolls out advanced profit and loss figures for crypto traders
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Crypto Portfolio Tracker CoinStats has introduced an improved version of its Crypto Portfolio Profit and Loss Calculator. The new calculator was designed to help users manage their crypto portfolios more accurately.
It features metrics that give you a comprehensive view of your portfolio performance so you can make informed investment decisions. These include gross debt, which is the total amount you paid for the property; unrealized gain/loss on unsold assets; gain/loss on the property you sold; and gross profit/loss, which is the total gain or loss.
In response to popular demand, nine advanced calculators let you know your gains and losses on DeFi stock holdings and all balances. This feature was provided to maximize the satisfaction of CoinStats users.
Once you have accessed the app, click Portfolio, click the ‘DeFi’ tab, and click ‘Total DeFi. All the stuff is started and settled. Users are welcome to experiment and make suggestions for further improvements.
This is in line with CoinStat’s mission of providing its users with top-notch crypto portfolio management. The platform released Portfolio Analysis 2.0 in May, and the new profit and loss calculator is the ultimate accurate profit and loss calculation tool.
Coinstats in 2017 by its founder, an early adopter of crypto, to better manage its crypto portfolio instead of using multiple Excel spreadsheets. Eventually, the app began to support portfolio management for others.
Today, it is a complete crypto, DeFi, and NFT portfolio manager for over 100,000 users worldwide. As the crypto industry continues to grow and attract more users, especially institutions, CoinStats is rapidly evolving to meet the needs of more traders in the fast-moving crypto space
With the new profit/loss calculation, the platform is poised to compete effectively with other asset managers. As users require and require the necessary flexibility to meet their portfolio management needs, more features are expected in the future.
Conclusion: CoinStats’ advanced profit and loss calculator marks a major leap forward in the tools available to cryptocurrency traders. It offers real-time statistics, comprehensive reporting, and seamless integration with multiple variables.