It’s kind of important to know if you’re winning when it comes to your crypto activities. And if you’re not careful, the returns or losses on your investment can become lost in the data of multiple transactions. 

Thankfully, the industry is moving on from its early days when tools were limited or non-existent. Back then, keeping track of your portfolio or calculating your profit and losses was done in a spreadsheet. If you were one of the investors from those early days, you will no doubt remember the tedious process of recording everything manually on a spreadsheet. 

To be fair, back then there were far fewer opportunities with crypto, and about all you could do with it was buy or sell Bitcoin. Keeping track of those activities wasn’t too hard. 

Lots more candy in the store …

But these days, with the explosive growth of defi, you can have a lot more fun with your investment activities. The result is a portfolio that’s a lot more complex, not to mention trying to keep track of multiple trades across many different assets. A good portfolio tracker is a must, especially as opportunities appear and disappear quickly in the fast-paced world of defi, and a minute or less can mean the difference between a profit or a loss. 

Tech solutions for new problems

At Dexfolio, we love to respond to requests from our community for handy tools and features. That’s why we developed our web-based crypto calculator, just because we listened (and because we love making new tools that make our crypto activities easier and more enjoyable. We can’t help it!). 

Our developers have been hard at work, creating tech solutions to meet the needs of the rapidly-growing defi world. As the industry grows and changes, we have many new features in the pipeline, and we know our community will request more. It’s an exciting time to be in decentralized finance, and we’re riding the crest of the wave along with the other innovators and developers in this space. 

Who said crypto stuff had to be boring?

As anyone who’s been around defi for a while, it’s nothing like the staid world of centralized finance. Defi is an exciting new space on the frontiers of finance, and it has a sense of fun. With new features and products appearing daily, there are plenty of opportunities for the adventurous to enjoy their trading activities, from the emerging NFT space to well-established yield farms and liquidity pools. No matter what you’re interested in, there’s an option for you. And if there isn’t, just wait, because someone is probably creating something at this moment!

Helping our users keep track of their investments is our job, and we aim to create solutions that are fully decentralized, easy to use, and free of clutter. Our users are drawn to the simplicity of our products, with many believing as we do that less is more. Our aim has always been to make our products as user-friendly as possible, with the belief that the tools we use should be streamlined, intuitive, fast, and a good experience for the user. 

Our crypto calculator is just that, simple and streamlined, along with our other products and features. It includes just what you need and nothing more, and its user interface is easy enough for even beginners to understand. 

What can you do with it?

It’s easy. Head over to the Dexfolio website, and you will find it under the Crypto Profit/Loss Calculator heading. From there you will be greeted with a simple interface that’s large and easy to see. Then follow three simple steps. 

1. Choose your coin

This tool offers support for a large range of coins, including BTC, ETH, SOL, BNB, USDT, and many more. You can scroll through them to find the one you want, or use the search bar. 

2. Choose your currency

This tool currently offers support for USD, AUD, GBP, EUR, and BRL. Future updates may include other currencies as well. 

3. Input your data

Enter your initial investment (in your chosen currency), the coin price at the time of investment, and the selling price of that coin. 

Then enter your entry and exit fees as a percentage, and the calculator will show your profit or loss as a dollar value in your chosen currency. 

It’s so easy … we love it.  

We think you’ll love it, too …

This handy little tool made us smile, and we think you’ll love it, too. It has our trademark simplicity, ease of use, and straightforward dashboard. It includes the important information you need to give you an accurate result, and it’s something our community has been asking for. It’s just one of many new features we have planned to make your crypto activities easier and more enjoyable.

We listened, and we hope you enjoy using our crypto profit/loss calculator.