This Blockfolio tool would be an amazing platform for them who are looking for making a transaction using the app. Now with this app, you can track 200 different cryptocurrencies. This crypto-based app is not available for the computer users by default, and to shoot the app run your computer, you should come to know some hacks. Blockfolio is the world’s most popular FREE Bitcoin & cryptocurrency portfolio tracking app, with support for 8,000+ top cryptocurrencies. Join millions of others and track your entire crypto. Blockfolio suddenly started to crash instantly after opening the app. By bakasabo in blockfolioapp – Blockfolio 0 points 1 point 2 points 1 year ago (0 children) If you go to Blockfolio in your phone settings you should see a screen with the version, build and underneath them a Device ID.
How to use Blockfolio – that is the million dollar question.
And it usually comes from people who have been in the cryptocurrency market for a while now.
At least a few months.
When you first get started, chances are you bought Bitcoin directly and maybe experimented with one or two of the other top altcoins.
But then you started trading more.
Not too much more, but to the point where you had to create an Excel spreadsheet to keep track of your coins and earnings.
But this is inefficient.
Having to manually update your holdings every time you want to see the value of your bags.
So you did your research and finally stumbled upon Bitcoin and cryptocurrency portfolio management apps.
And you want to learn how to use Blockfolio to manage your coins and create a dashboard that automatically updates the value of your crypto holdings.
So let’s figure out how to do this.
What Is Blockfolio?
For those of you that are unsure, Blockfolio is a portfolio management app for cryptocurrencies.
This is their official website.
It lets you add holdings to your account and track the value of your cryptocurrencies in real time.
It eliminates the need for time-consuming Excel spreadsheets and the constant manual updating needed to keep them in line with the current market prices.
Blockfolio really is a huge timesaver that allows you to see the total value of your holdings with a simple click of a button.
How Does Blockfolio Work?
Blockfolio has a very simple user interface that is intuitive and easy to get the hang of.
Once you play around with it for a few minutes, you can pretty much understand how it works.
And how it works is the following:
1) Download The Blockfolio App
2) Add Current Holdings To Your Portfolio
3) Watch The Value Of Your Portfolio Rise And Fall In Real Time
And that’s it.
It’s really as simple as that.
We provide step-by-step instructions of how to do all of this below.
Is Blockfolio Safe?
Blockfolio is safe.
Safe in the sense that no one can actually access your cryptocurrencies through the application.
All you are doing is manually inputting the amount of cryptocurrency that you have into the app, and tracking the value of your portfolio on a weekly basis.
You don’t ever have to provide you public or private keys.
The only thing that you may want to be cautious of is someone seeing the amount of money that is in your portfolio.
Most people want to keep this type of information private.
This could happen if somehow you lose your phone or your phone becomes compromised in some way.
To combat this, Blockfolio actually has an “Enable Passcode Lock” feature built into the app.
This feature is optional, and allows you to put a 4 digit code into the app that must be used in the future in order to access it and view your holdings.
So, yes, the app is pretty safe.
How Do I Set Up Blockfolio?
First things first: you have to actually download the app.
Blockfolio can be used on iOS and Android.
It can be downloaded from the App Store or Google Play.
Once it’s downloaded, all you have to do is add your crypto holdings to the app.
How Do I Add Money And Holdings To Blockfolio?
*Please note that the Blockfolio interface changes and updates from time to time. The interface may look slightly different from the below screenshots, but the steps are exactly same!*
To add your current holdings to your account, this is how to do it, step-by-step.
Let’s assume we are holding 2 coins: Bitcoin and Ethereum.
1) Click “Add Coin”
Here, you can either click “Add Coin” or you can click the “+” symbol in the top right corner of the screen.
They both bring you to the same place.
2) Select The Coin You Want To Add To Your Holdings
Here is where you want to identify the first coin you want to track.
In this example, let’s choose Bitcoin.
3) Add The Transaction Details Of Your Cryptocurrency Purchase
Let’s assume we bought .5 Bitcoin on Coinbase using USD at a trade price of $6403.04 on November 4, 2018.
Select the trading paired used to purchase this specific coin.
Select the exchange from which you bought it from.
Identify the trade price at which you bought it at.
Identify the quantity you currently hold.
Select the date in which you bought the cryptocurrency.
Click “Save”
You should note that not all of these fields need to be accurate.
Most people use Blockfolio to simply view the value of their portfolio at any given time.
The only fields that really matter for this purpose are the trading pair, the exchange you bought the coin from, and the quantity you bought.
This is because you want to see the value of your holdings on the exchange in which you will make another transaction in the currency you will convert it to if you were to sell.
So the trade price and the date which you bought it are irrelevant for this purpose.
4) Rinse And Repeat With The Rest Of Your Holdings
You can now see your holdings of Bitcoin on your Blockfolio dashboard.
Now let’s add Ethereum to our portfolio to see how that looks.
Assume we bought 8 Ethereum on Cex.io using USD.
And that’s it!
Now we can see our total portfolio holdings all with the single click of a button on our Blockfolio dashboard.
This is extremely valuable.
Please note that Blockfolio allows for 1 portfolio at a time – it does not allow for multiple Blockfolio portfolios.
Though, this functionality wouldn’t be used by 99.9% of people, anyways.
Removing Coins From Your Portfolio
So now let’s say you sold some of your coins for a profit, and you want them to no longer be a part of your Blockfolio holdings.
This is how you remove coins from your portfolio.
In this case, let’s say we sold our 8 Ethereum.
Let’s remove them from our portfolio.
1) Click The Coin You Want To Remove From Your Holdings
Simply clicking on the coin will bring you to the next section.
2) Click The Trash Can In The Top Right Corner
3) Select “Yes” When It Asks If You Want To Remove This Coin
Read the message.
Once this coin is removed, it will be wiped from your portfolio.
4) Check To See If Your Portfolio Holdings Are Updated
In your portfolio dashboard, you should no longer see the coin you just deleted.
Simple as that!
Now that you know how to download the Blockfolio app, add money to your portfolio as well as remove assets from your holdings, you have all of the fundamental knowledge required to use this app in the ways in which it was built for.
This is exactly how you track you cryptocurrency portfolio.
There are a few other functionalities you can also use on Blockfolio, which you’ll quickly touch on below.
Other Blockfolio Tips, Tricks, And Functionalities
Let’s briefly discuss other functionalities of Blockfolio.
Blockfolio Signals
This section of the app puts you more closely in touch with the leadership team of the coins you hold.
Here, the team of each cryptocurrency can make announcements to their coin holders.
For example: recently, Oyster Protocol (PRL) was exited scammed by its founder.
The team created a Blockfolio signal to notify coin holders of what was going on.
This is a very valuable tool that can give you real-time information of your coins such as this.
My Portfolio – Blockfolio Charts
This section shows you the value of your portfolio over time.
It allows you to view your portfolio on a 1 day, 1 week, 1 month, 3 months, 6 months, or 1-year charts.
News
The news section is pretty straightforward.
It shows you the latest news articles in the cryptocurrency space.
Visit this section if you wanted to be kept up to date with the entire cryptocurrency market.
Alerts
Alerts allow you to create notifications when a certain coin hits a specific price.
You can set alerts for either a low price or a high price – it’s really up to you.
Blockfolio App Store
Let’s say I set an alert for when Bitcoin hits $15,000.
When this happens, Blockfolio will send me a push notification with these details.
It is a very valuable and underused tool in the app.
Getting Started And Using Blockfolio – A Conclusion
Blockfolio is an extremely useful and time-saving mobile app.
It is perfect for people who constantly want to see the value of their cryptocurrency portfolio at a glance.
You can add your holdings, remove your holdings, track your holdings, and create alerts to notify you when to sell!
It truly is a great app for anyone with money invested in the cryptocurrency market.
We hope this guide helped you understand how to use Blockfolio.
© Yu Chun Christopher Wong/S3studio/Getty Images A visual representation of the digital Cryptocurrency, Bitcoin and a smart phone showing the Blockfolio app is seen on the screen on September 04 2018 in Hong Kong, Hong Kong.Cryptocurrency portfolio tracker Blockfolio has apologized after messages containing racist slurs were sent to users following an apparent hack.
News website The Block reported that a message shared to users via the app's integrated communication system, Signal, read: 'Hello, we are sad to announce we closure of our services to all black people and n****** with immediate loss of all funds.'
'We advise all users to do a prompt withdraw to prevent loss of funds. Thank you.'
Screenshots of a separate message shared on Twitter showed the above text, as well as a link reading 'nakemanpictur' and the words: 'BEST CHILD PORN IS AVAILABLE HERE.'
The offensive posts were attributed to Jason Hamlin, who provides ecosystem insights at Blockfolio. Hamlin has retweeted messages of Blockfolioapologizing to users and posted a statement explaining that his account was hacked.
Hamlin wrote: 'It looks like a Blockfolio marketing account was hacked and someone posted disgusting and offensive things under my name. This obviously was not me nor anyone at Blockfolio and does not impact security of funds in any way. The team is working diligently to correct the matter.'
Blockfolio appeared to be down after the offensive posts. When Newsweek tried to access the app on an iPhone at about 4:15 a.m. ET, it repeatedly crashed and showed an error message. Later the app would not open at all and was stuck on a screen showing its logo. Google searches for 'Is Blockfolio down?' and 'Blockfolio not working' spiked around this time, according to Google Trends.
Some Twitter users speculated that the company's servers were down. Newsweek has contacted Blockfolio and its owner FTX for comment.
Blockfolio tweeted: 'We are incredibly sorry about the offensive messages posted on Blockfolio today.'
It later issued a statement once again apologising and reiterating that 'no funds/etc. were affected; this did not interact with any trading features.'
The company said: 'We have revoked access to the compromised Signal submitter and removed the messages.'
Blockfolio co-founder Edward Moncada tweeted: 'A Blockfolio marketing account was compromised this evening. We've disabled the account to investigate. Some token tracking listings & Blockfolio signal comms were impacted. All Blockfolio user data is safe as well as user trading accounts & funds (handled separately by FTX).'
A Twitter user asked Moncada whether 'an apology to all customers, especially your Black customers' would be made. He replied: 'Yes, of course we want to extremely apologize for the racist slurs that came from the compromised account. They in no way reflect the views of our company.'
Users of the app with trading enabled were credited $10 free, the company said. This offer would be extended to 'anyone else who signs up this week' with a cap at 1 million people.
Sam Bankman-Fried, the CEO of FTX, tweeted: 'If any user was personally impacted by push notifications from the app, they will of course be included as well.'
Bankman-Fried said: 'Over the next month I'll be leading a security review of the old, non-trading-related parts of Blockfolio to bring them in line with the standards set by trading, and by FTX more generally.'
Blockfolio App For Pc
Related Articles