CoinStats Launches Upgraded Profit and Loss Calculator
Crypto portfolio tracker CoinStats has launched an upgraded version of its crypto portfolio profit and loss calculator. The new calculator was designed to help users manage their crypto portfolios with greater accuracy.
It features metrics that give you a comprehensive view of your portfolio’s performance so that you can make informed investment decisions. These include total cost, which is the total amount you used to acquire assets; unrealized profit/loss on assets you haven’t sold; realized profit/loss on assets you’ve sold; and all profit/loss, which is the total profit or loss.
In response to popular demand, the newly upgraded calculator lets you view your profit and loss on DeFi holdings and your total balance. This feature was provided to satisfy CoinStats users further.
Once on the app, click on Portfolio, click on the ‘DeFi’ tab, and then click on ‘Total DeFi’. All the features have been launched and are live. Users are welcome to try them and make suggestions for further improvements.
This aligns with CoinStats’ mission to provide its users with top-tier crypto portfolio management. The platform rolled out Portfolio Analytics 2.0 in May, and the new profit and loss calculator is the ultimate tool for precise profit and loss calculation.
CoinStats was created in 2017 by its founder, an early crypto adopter, to manage his crypto portfolio efficiently instead of using many Excel sheets. Eventually, the app began to support portfolio management for others.
Today, it is a full crypto, DeFi, and NFT portfolio manager for over a million users worldwide. As the crypto industry continues to grow and attract more users, especially institutional ones, CoinStats is evolving fast to cater to more traders’ needs in the fast-paced crypto space.
With the new profit/loss calculator, the platform is poised to compete favorably with other asset managers. As the need arises and users demand changes necessary to meet their portfolio management needs, more features are expected in the future.
