CoinStats Revolutionizes Profit & Loss Calculation for Crypto Investors
CoinStats, a top-rated crypto portfolio tracking platform with a global user base of over 1 million, is thrilled to unveil a significant update to its platform, introducing the most accurate profit and loss (P/L) analysis in the industry. This upgrade demonstrates CoinStats’ ongoing dedication to providing users with superior tools for managing their cryptocurrency investments.
Advanced P/L Metrics for Portfolios
The new update includes advanced metrics to give users a clearer understanding of their portfolio’s performance. With the updated P/L calculation, users can now access detailed metrics to view their total portfolio P/L:
Total Cost:
The total amount spent on acquiring an asset.
Unrealized P/L:
The profit or loss on assets not yet sold.
Realized P/L:
The profit or loss on assets that have been sold.
All P/L:
The sum of Unrealized and Realized P/L.
These comprehensive metrics offer a detailed view of a portfolio’s performance, enabling investors to make more informed decisions.
In-Depth Asset P/L and Transaction Insights
In addition to portfolio-wide P/L, CoinStats has improved its asset-specific P/L insights. Users can now see the exact profit or loss for each asset directly from the ‘Holdings’ tab of any coin. Additionally, detailed transaction-based P/L insights are available when filtering by individual coins in the ‘History’ tab.
User-Centric Improvements
CoinStats places a strong emphasis on user feedback in its development process. The introduction of detailed P/L metrics and the integration of DeFi holdings are direct responses to user needs. CoinStats continues to evolve, providing features that meet the dynamic demands of the crypto market.
Flexibility and Sharing Options
For users who want to showcase their gains, CoinStats now offers a simple way to share P/L metrics. By clicking on any P/L figure in the ‘Holdings’ tab, users can generate a shareable banner, perfect for social media.
Final Thoughts
These updates solidify CoinStats’ position as a leader in crypto portfolio management. By delivering detailed and precise P/L calculations, CoinStats helps users navigate their crypto investments with greater accuracy and confidence. As the crypto market continues to expand, CoinStats remains dedicated to providing tools that empower users to effectively manage their portfolios.
About CoinStats
CoinStats is a leading crypto portfolio manager and DeFi wallet, trusted by over 1 million users worldwide. The platform supports a wide range of integrated wallets and exchanges, offering users a unified and convenient solution for tracking, swapping, buying, and earning on their crypto assets. CoinStats is committed to empowering users with the tools necessary for effective crypto portfolio management.
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