Mint is one of the premier budgeting apps in the world, but if you were looking to keep track of your crypto portfolio as well, you were out of luck. That is… until now! Intuit recently announced this feature and it will support many many different crypto accounts.
What is Mint?
Put simply, Mint is a way to make sure your spending stays within-budget. It makes tracking your credit card/loan balances and spending habits super intuitive and easy. Mint makes it simple to become more financially responsible. A few benefits to using a budgeting app include tracking payments, avoiding overspending, tracking debt, meeting savings goals, and making more informed financial decisions! It’s a highly recommended way to reduce your spending and make your budgeting more effective, and I can’t stress enough how much of a difference it can make.
So what about crypto?
Now, more functionality is being added in the form of crypto support. Here’s a list of all the cryptocurrency exchanges that will be supported:
- Coinbase / Coinbase Pro
I’m down! How do I link my account?
To start you’ll need to link your account to Mint. Here’s the steps!
- Log in to your Mint account.
- Click on the “Investments” button to begin.
- Click on the “+” symbol to create an account.
- Search for your cryptocurrency exchange, or simply type “crypto” to find your vendor.
- Click on your vendor and enter your wallet account information to begin tracking!
You can now see all your crypto holdings! Remember that Mint can track more than one wallet, so you can enter as many as you want and track them all in one simple place!
I don’t own any crypto. Should I invest in it?
Cryptocurrency is very volatile. In fact, it’s one of the most unstable investments you can buy. That doesn’t mean it’s a bad investment, but you should be educated before going in. Your portfolio can double in a few minutes, it’s true, but the opposite can also happen; your portfolio could be cut in half on a bad day. Make sure that you are well-educated and understand where the scams and pitfalls of cryptocurrency are before you invest.
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