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Friday, April 19, 2024

Kubera Crypto Tracking Tool Review : Pro Or Cons 2023 Updated

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What is Kubera Crypto Tracking Tool?

Kubera is a crypto tracking tool that allows users to track their cryptocurrency holdings across multiple exchanges and wallets in one place. The tool provides real-time tracking of over 8,000 cryptocurrencies and supports over 300 exchanges and wallets, making it a comprehensive tool for managing and monitoring one’s cryptocurrency investments.

With Kubera, users can easily view their portfolio performance, get real-time market data, and receive alerts for price changes, news, and other events that may impact their investments. Additionally, the tool provides tax reporting features, allowing users to generate tax reports for their cryptocurrency holdings.

Some Important Points Of Kubera

ImportantPoints
Tools Name Kubera
Price$150/month
Free VersionAvailable
Device SupportedAndroid , Web , IOS
Notifications and AlertsYes
Customer SupportLive Chat: 24/7 , Email Support , Ticket System
Official Website Click Here To Visit

Kubera Tool Price

Kubera is a powerful online charting platform used by traders and investors around the world. The cost of the Kubera platform varies depending on which plan you choose. The basic plan starts at $150 per month and goes up to $225per month.

Kubera has four unique account tiers:
● Plan Starting
● Kubera Personal
● Kubera Family

TradingView has four unique account tiers:

How To Use Kubera Tools?

Here are the general steps to get started with Kubera:

  1. Sign up for an account: You can create an account on the Kubera website by providing your name, email address, and a strong password.
  2. Connect your exchanges and wallets: Once you have signed up, you can start adding your exchanges and wallets to Kubera. Kubera supports over 300 exchanges and wallets, and you can easily connect them using the API keys or public addresses.
  3. Add your crypto holdings: After connecting your exchanges and wallets, you can add your crypto holdings to Kubera by specifying the amount of each cryptocurrency you hold.
  4. Monitor your portfolio: Once you have added your holdings, Kubera will provide you with real-time data on your portfolio’s performance, including the current value, gains, losses, and percentage changes. You can also view your portfolio performance over time and compare it to various market indices.
  5. Set alerts: You can set price alerts and other alerts for your portfolio, such as news and events related to your holdings.
  6. Generate tax reports: Kubera offers tax reporting features that allow you to generate tax reports for your cryptocurrency holdings, making it easier to file your taxes.

Kubera is a comprehensive tool for managing and monitoring your cryptocurrency investments, and the above steps provide a general guide on how to get started with it. However, the specific steps may vary depending on your exchange and wallet providers.

How Does Kubera Work?

Connect your Bank & Brokerage accounts.

Connect your accounts to get the latest values and holdings automatically.

Show Holdings Outside

Want to track the holdings more closely? Click on ‘Show Holdings Outside.

Add your stock holdings directly.

Brokerage didn’t connect? No worries. Do a lookup for the Stock ticker symbols and add them

Connect Crypto wallets.

Connect your Crypto Accounts to get the latest values and holdings.

Add your crypto holdings.

Wallet didn’t Connect? Lookup for your Crypto Coin symbols and add them

Enter any currency.

Enter any currency (EUR 100, INR 100) in the value fields and it’ll convert to your portfolio currency

Add your home value.

Enter the address or the Zillow URL to get the latest estimated market price (US Only). For non US, just insert a new row and enter the value manually.

Add your cars.

Enter the VIN number to get the latest estimated market price of your vehicles (US & Canada Only). For non US/Canada just insert a new row and enter the estimated value manually

Add your domains.

Enter your internet domains to get their latest estimated market value

Enter everything else in the table.

Enter all the assets that can’t be ‘connected’ as manual entries. If possible, enter cost of your assets as well. If you only know the cost, enter it as the value

Organize them the way you want.

Add, rename and rearrange the sheets. Create sections within the sheets

See how your net worth grew over time.

Charts show how your net worth and investable changed over time. Also keep a eye on the asset allocation.

See which asset appreciated the most

Click on the ‘Day/Week/Month/Year Change Number’ to see which asset appreciated the most

Share your portfolio

Share a read-only link of your portfolio with others – like your Investment Advisor, CPA, Estate Planner, when applying for loans, or with your household

Is Kubera Safe?

Kubera takes several measures to ensure the safety and security of its users’ data and cryptocurrency holdings. Some of the key security features and measures implemented by Kubera include:

  1. Two-factor authentication: Kubera offers two-factor authentication (2FA) as an extra layer of security for user accounts.
  2. Cold storage integration: Kubera allows users to store their cryptocurrency in cold storage devices, which are offline and less susceptible to hacking.
  3. Private key encryption: Kubera uses AES-256 encryption to protect private keys and other sensitive data, which ensures that the data is securely stored and transmitted.
  4. Continuous security auditing: Kubera conducts continuous security audits to identify potential vulnerabilities and ensure that its security protocols are up-to-date.

Kubera Features

Investable Assets

The total value of cash in your portfolio and the assets that can be easily converted to cash (stocks, crypto, mutual funds, bonds, retirement accounts etc.)

Kubera automatically recognizes connected assets and tickers as investable. You can also manually mark assets as Investable.

Cash on Hand

The total cash balance you have in your hand and stashed across banks, brokerages and other accounts.

Kubera automatically calculates the cash balance from all your accounts. You also have the option to manually mark assets as ‘Cash on Hand’. 

Unfunded Commitments

Private Equity, LP and Angel Investors, track your private investments along with your public stocks.

You can set the Committed Capital for those assets and enter Capital Calls. Kubera thus calculates the Unfunded Commitments and shows if you have enough funds for upcoming Capital Calls.

Accurate Rate of Returns

Kubera calculates accurate rate of returns (IRR) for all your investments based on the multiple contributions & withdrawals and the time invested.

Kubera also benchmarks the IRR with the returns from popular indices and tickers (S&P 500, Dow Jones, AAPL, BTC etc.).

Multi Currency

Kubera supports nearly every global currency. You can be from any part of the world, it just works.

Or if you are from the US, but also have some assets in Europe or Australia, just add their values with the specific currency codes (EUR 100, GBP 100, AUD 100).

Private & Secure

Kubera has Fort Knox–grade security. More than that, they truly understand that Kubera is storing your sensitive data and protecting it is our highest priority. We’ll never sell your data, show you ads, or sell you shady financial products.

Share with a Financial Advisor

Whether you’re a self-directed investor or working with a professional to achieve your financial goals, you’re in full control. Share access with anyone who needs to understand your financial situation and revoke access with a click. 

Kubera Discord Channel

Network with the very exclusive community of Kubera subscribers on our Discord channel where you’ll meet some interesting people. At the very best, you’ll end up discussing investment ideas, brainstorming tax strategies, and learn a thing or two about money.

Kubera Pros & Cons

PROCONS
Comprehensive platform for managing and monitoring multiple exchanges and wallets in one place.Some users may find the interface to be overwhelming or complicated, especially if they are new to cryptocurrency investing.
Real-time tracking of over 8,000 cryptocurrencies and support for over 300 exchanges and wallets.The pricing for the tool is relatively expensive, and some users may find it to be a significant investment.
Provides real-time market data and alerts for price changes, news, and events that may impact investments.While the tool offers tax reporting features, users may still need to consult with tax professionals to ensure that they are filing their taxes correctly.
Offers tax reporting features that allow users to generate tax reports for their cryptocurrency holdings.The tool may not support all exchanges and wallets, and some users may need to use alternative tools or methods to track their cryptocurrency holdings.
Designed with security and privacy in mind, with features such as two-factor authentication, cold storage integration, and private key encryption.

Kubera Conclusion

Overall, kubera is a great platform for traders of all levels to gain access to the markets and to research and analyze market data.

Kubera Tool FAQ

What types of cryptocurrencies does Kubera support?

Kubera supports over 8,000 cryptocurrencies, including popular ones such as Bitcoin, Ethereum, Litecoin, and Ripple, as well as many lesser-known ones.

Can I use Kubera to track my cryptocurrency investments across multiple exchanges and wallets?

Yes, Kubera allows users to track their cryptocurrency holdings across multiple exchanges and wallets in one place.

Is Kubera a cryptocurrency exchange or wallet?

No, Kubera is not a cryptocurrency exchange or wallet. It is a tool that allows users to track and manage their cryptocurrency holdings across multiple exchanges and wallets.

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Disclaimer

Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

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