Automatic NFT Imports for Seamless Portfolio Tracking with Accointing
Written by Accointing Team
May 9, 2023
Do you find it time-consuming to track your NFT holdings across wallets manually? There’s now an easier way to manage your crypto portfolio and gain insights into your NFTs. We’re thrilled to introduce a new feature on Accointing that automatically imports NFT data from select wallets. With the automatic NFT imports, you can use Accointing’s crypto portfolio tracker to easily keep track of your NFTs and gain a comprehensive view of your entire digital asset portfolio. In this article, we’ll explore how this feature can benefit Accointing users who hold NFTs in multiple wallets.
Last Updated: May 9, 2023
How Automatic NFT Imports Work
The automatic NFT importing feature on the Accointing platform uses the public wallet address to fetch NFT data alongside other token and coin data from the blockchain. Users with NFT holdings in select wallets can connect their wallets to Accointing using the wallet’s public address.
Once the wallet is connected, our software automatically scans the blockchain for any NFTs associated with that specific wallet address. The NFT data is then fetched and automatically imported into the user’s Accointing portfolio, which can be viewed alongside their other digital assets.
Accoitning’s automatic NFT importing feature is primarily designed for tax purposes. The platform will fetch cost basis and sales proceeds for the NFTs and will not display their current holding value. However, any cost-basis and sales-proceeds calculation can be manually updated on the platform.
The automatic NFT import provides a hassle-free way for users to stay up-to-date on all their NFT investments, which can help with tax reporting and financial planning. The feature adds another layer of convenience to the platform’s suite of tools to help users manage their crypto portfolios effectively.
Benefits of Using Accointing for NFT Tracking
Our NFT tracking feature provides a comprehensive solution for managing your NFT investments. Whether you’re a seasoned NFT collector or just starting in the world of digital art, our platform offers a range of tools and features to help you keep track of your investments effectively.
Here are some of the key benefits you can expect when you use the Accointing portfolio tracker for NFT tracking:
Hassle-free tracking: Our automatic NFT importing feature eliminates the need to manually enter each transaction, saving time and effort while ensuring all NFT investments are accounted for.
A comprehensive view of your portfolio: By importing NFT data alongside other token and coin data, Accointing provides a comprehensive view of your entire crypto portfolio. This enables you to make informed investment decisions and stay on top of your financial goals.
Easy tax reporting: Our NFT tracking feature simplifies tax reporting for NFT investments by automatically calculating cost-basis and sales-proceeds. This saves time and effort when filing taxes.
Accurate and up-to-date data: Our platform pulls data directly from the blockchain, ensuring all NFT data is accurate and up-to-date. This helps prevent errors or discrepancies in portfolio tracking.
User-friendly interface: Our platform is designed to be user-friendly and easy to navigate. You can view your NFT investments and other digital assets in a clear and organized manner, making it easy to monitor portfolio performance and track investment trends over time.
Our NFT tracking feature is valuable for anyone looking to manage their crypto portfolio effectively. By taking advantage of these benefits and more, you can save time, simplify tax reporting, and ensure accurate and up-to-date portfolio tracking.
Supported Blockchains for Automatic NFT Imports
Our automatic NFT importing feature currently supports the following blockchains:
Any wallet that supports these blockchains can also take advantage of the automatic NFT importing feature.
Our team is constantly working on expanding the list of supported blockchains, so you can expect more wallets to be added in the future. Stay tuned for updates on our website and social media channels to be informed about new supported wallets.
If you have NFTs on wallets that are not yet supported, you can manually import them into our platform.
How to Import your NFTs Automatically
Ready to start tracking your NFT investments with our automatic importing feature? Follow these simple steps to get started:
1. If you haven’t already, create or sign in to your Glassnode account.
2. Navigate to the “Wallets” page.
3. Add a new wallet and select the supported blockchain, or search for a wallet provider that supports the chosen blockchain.
4. Enter the public wallet address for the selected blockchain.
That’s it! Accointing will automatically import your NFTs alongside your other crypto assets, saving you time and effort in managing your portfolio. If you’ve already completed these steps, there’s nothing more you need to do.
For detailed instructions on how Accointing imports NFTs please check out our support articles for BNB and Polygon.
Main Takeaways
Whether you’re a seasoned NFT collector or just starting, Accointing is the perfect platform to help you make informed decisions and take control of your investments.
Uploading and calculating the tax on your NFT holdings is easy with Accointing. With our automatic NFT importing feature and comprehensive tracking tools, you save precious time on managing your NFT portfolio.
Accointing ensures accurate and up-to-date portfolio tracking and offers a range of benefits to help you stay on top of your investments.