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What are the steps to set up a BTC wallet tracker?

avatarSebahattin ErdoğanDec 16, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to set up a BTC wallet tracker?

What are the steps to set up a BTC wallet tracker?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    Certainly! Here's a step-by-step guide to set up a BTC wallet tracker: 1. Research and choose a wallet tracker: There are several wallet trackers available, such as CoinTracker, CoinTracking, and Koinly. Look for one that supports BTC and offers the features you need. 2. Sign up for an account: Visit the website of the chosen wallet tracker and create an account. Provide the required information and complete the registration process. 3. Connect your BTC wallet: Once you have an account, you'll need to connect your BTC wallet to the tracker. This can usually be done by entering your wallet address or using an API key. 4. Sync your wallet: After connecting your wallet, the tracker will sync with your BTC wallet and fetch the transaction history. This may take some time depending on the number of transactions. 5. Set up alerts and notifications: Configure the tracker to send you alerts and notifications for specific events, such as new transactions or significant price changes. 6. Explore additional features: Many wallet trackers offer additional features like tax reporting, portfolio analysis, and integration with other platforms. Take some time to explore these features and make the most out of your tracker. I hope this helps! Let me know if you have any more questions.