Crypto

Crypto holdings sit under Net Worth alongside your other assets. Cadence resolves each holding to a recognised token using a CoinGecko-style ticker lookup, then stores a value based on the price at the moment you record it.

A crypto holding is a stored, static value - it does not refresh on its own. When you want the current price reflected, you tap the Update Pricebutton in the holding's form, which fetches the latest price and recalculates the value. Each update you record is captured as a snapshot, so once you refresh, crypto volatility shows up honestly in your long-term financial picture rather than being frozen at the purchase price.

Follow these steps to add a crypto holding:

1. Open the Net Worth page.
2. Tap “Add Asset” and choose Crypto.
3. Search by ticker - for example BTC, ETH, or SOL.
4. Pick the correct token from the results when more than one matches.
5. Enter the quantity you hold.
6. Save the holding.

Cadence is careful about ticker disambiguation. Searching BTC will resolve to bitcoin rather than wrapped bitcoin (WBTC), and similar rules apply to ETH versus various wrapped or staked variants. If your token has a layer-2 or wrapped form, double-check the result before saving.

The quantity field is the actual amount of the coin or token you hold. Cadence multiplies that quantity by the price captured at your most recent Update Price to compute the value of your holding.

Cost basis is optional. If you record what you originally paid, Cadence can show you gain or loss views over time. If you skip it, the holding still tracks current value perfectly well - you just won't see realised or unrealised performance against your purchase price. For tax-sensitive holdings, recording cost basis is worth the small amount of effort.

Crypto prices do not refresh automatically. Whenever you want the latest figure, open the holding and tap Update Price. Cadence fetches the current price at that moment and updates the stored value; between updates, the value stays exactly as you last recorded it.

Crypto values are tracked in CAD. If a token is priced in USD at the source, Cadence converts it to CAD using the exchange rate at the time you tap Update Price, so your dashboard total stays in a single currency. Because prices are static between updates, it is worth refreshing after any meaningful market move.