Automating Crypto Portfolio Tracking with Exchange Syncing

Managing cryptocurrency portfolios has become increasingly complex with the rise of decentralized finance (DeFi) and derivatives trading. However, portfolio trackers have emerged as a game-changer in simplifying this process.

The technology has matured significantly, allowing users to sync their wallets and exchanges with portfolio trackers, importing trades automatically. This eliminates the need for manual data entry and reduces errors associated with spreadsheet tracking.

Most major exchanges now offer read-only API connections that let trackers pull trade history, balances, and staking rewards without giving the tracker any ability to move funds. Wallet syncing works through public blockchain addresses, requiring no private keys.