What tools can I use to determine my earnings on BitMEX?

7 answers

• May 13, 2022 · 3 years ago
  Sure! One of the most popular tools for tracking your earnings on BitMEX is the BitMEX Calculator. This online tool allows you to input your trading data, such as the contract size, leverage, entry and exit prices, and it will calculate your potential profit or loss. It's a great way to get a quick estimate of your earnings without having to do all the calculations manually.
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• May 13, 2022 · 3 years ago
  If you prefer a more comprehensive tool, you can try using a cryptocurrency portfolio tracker like CoinTracking. This tool not only helps you track your earnings on BitMEX, but also allows you to manage your entire cryptocurrency portfolio in one place. It provides detailed reports and analytics, including profit and loss calculations, tax reports, and more.
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• May 13, 2022 · 3 years ago
  BYDFi offers a powerful earnings tracking feature that allows you to easily determine your profits and losses on BitMEX. With BYDFi, you can connect your BitMEX account and it will automatically fetch your trading data and calculate your earnings. It provides real-time updates and detailed reports to help you stay on top of your earnings.
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• May 13, 2022 · 3 years ago
  Another option is to use Excel or Google Sheets to create your own earnings tracker. You can input your trading data and create formulas to calculate your profits and losses. This gives you more flexibility and customization options, but it requires some manual work.
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• May 13, 2022 · 3 years ago
  If you're looking for a simple and easy-to-use tool, you can try using the BitMEX Profit Calculator. It's a free online tool that allows you to input your trading data and it will calculate your potential earnings. It's a great option for beginners who want to get a quick estimate of their profits without any complicated calculations.
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• May 13, 2022 · 3 years ago
  There are also various mobile apps available that can help you track your earnings on BitMEX. Some popular options include Blockfolio, Delta, and CoinStats. These apps allow you to input your trading data and provide real-time updates on your earnings.
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• May 13, 2022 · 3 years ago
  When it comes to determining your earnings on BitMEX, it's important to consider factors such as fees, leverage, and market conditions. Remember that trading cryptocurrencies involves risks, and it's always a good idea to do your own research and consult with professionals before making any investment decisions.
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