Accointing - The Crypto Tax Tool

accointing

How to Use Accointing for Cryptocurrency Tracking and Portfolio Management:

Accointing is a comprehensive cryptocurrency tracking and portfolio management tool that allows users to track their digital assets and analyze their portfolio performance. Whether you're a beginner or an experienced crypto trader, Accointing offers a range of features that can help you stay on top of your investments and make informed decisions.

In this article, we'll go through the steps of setting up and using Accointing to track your cryptocurrency portfolio.

Step 1: Sign up for an Accointing Account -

To get started with Accointing, the first step is to sign up for an account. You can do this by visiting the Accointing website and clicking on the "Sign Up" button. You'll need to provide your email address and create a password to complete the sign-up process.

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Step 2: Choose Your Payment Plan - 

Accointing by Glassnode offers several different payment plan options from beginner investors to institutions. See below:

accointing pricing options

Step 3: Add Your Cryptocurrency Exchanges and Wallets -

Once you've signed up for an Accointing account, the next step is to add your cryptocurrency exchanges and wallets to the platform. This will allow Accointing to import your transaction data and calculate your portfolio value.

To add an exchange or wallet, click on the "Add Exchange/Wallet" button in the dashboard and follow the prompts to connect your account. Accointing supports a wide range of exchanges and wallets, including Coinbase, Binance, Kraken, and many more.

Step 3: Import Your Transaction Data -

After you've added your exchanges and wallets, Accointing will begin importing your transaction data. This process can take some time, depending on the number of transactions you have and the speed of your internet connection. You can monitor the progress of the import process in the dashboard.

Step 4: View Your Portfolio and Performance -

Once your transaction data has been imported, you'll be able to view your portfolio and performance on the Accointing dashboard. The dashboard provides a range of information and analytics, including your portfolio value, profit/loss, and asset allocation. You can also see a list of your individual holdings and transactions, and use the built-in charting tools to visualize your portfolio performance over time.

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Step 5: Use the Accointing Tools and Features - 

In addition to the basic portfolio tracking and performance analysis features, Accointing also offers a range of tools and features that can help you make informed investment decisions.

For example, you can use the tax calculator to estimate your cryptocurrency tax liability, or the portfolio rebalancer to optimize your asset allocation. You can also set up alerts to notify you of important events or changes in your portfolio.

In conclusion, Accointing is a powerful and user-friendly cryptocurrency tracking and portfolio management tool that can help you stay on top of your digital assets and make informed investment decisions.

By following the steps outlined in this article, you can set up and use Accointing to track your portfolio, view your performance, and take advantage of the various tools and features it offers. Whether you're a beginner or an experienced crypto trader, Accointing can provide valuable insights and help you manage your investments with confidence.

Click here to sign up for Accointing by Glassnode.

READ MORE: The Ultimate Guide to Decentralized Exchanges (DEXs)