Crypto
Coins in your net worth, priced at the moment you last asked.
Updated
How Crypto Tracking Works
Crypto holdings sit under Net Worth alongside your other assets. Cadence Money resolves each one to a recognised token using a ticker lookup, then stores a value based on the price at the moment you record it.
Each update you record is captured as a snapshot, so once you refresh, crypto volatility shows up honestly in your long-term picture rather than being frozen at the purchase price.
Adding a Crypto Asset
- Tap the + button and choose Account or Asset.
- Give it a name.
- Set the type to Cryptocurrency.
- Type the ticker into Symbol - BTC, ETH, SOL.
- Choose an Institution - the exchange or wallet holding it. This one is required.
- Enter the Amount you hold.
- Fill in Current Value, which is also required, in the currency shown beside it. Tap Update Price and Cadence Money works it out from the symbol and the amount, or type a figure in yourself.
- Save.
Symbol is a plain text box - nothing checks your ticker
On this form Symbol is free text with no list of matching tokens, so a typo or an ambiguous ticker is accepted and only shows up as a price that looks wrong. Type the exact symbol your exchange uses, then tap Update Price before saving and check the value that comes back is roughly what you expect.
BTC resolves to bitcoin rather than wrapped bitcoin (WBTC), and the same applies to ETH versus its wrapped and staked variants. If what you hold is a wrapped or layer-2 form, its own ticker is the one to enter.
The token search is on the edit form
Open a crypto asset you have already saved and the Symbol field there does search as you type, offering matching tokens with their logo and market-cap rank. If you are unsure which token you want, save the asset and then edit it - picking from that list fills the symbol in for you.
Quantity and Cost Basis
The quantity field is the actual amount of the coin you hold. Cadence Money multiplies it by the price captured at your most recent Update Price to compute the value.
A crypto asset has no cost basis field. It records what you hold and what it is worth now, so there is no gain/loss figure against what you originally paid.
Asset or Holding?
You can record the same coin two ways, and which you want depends on what you need from it:
If your coins sit at a brokerage you have linked as a Synced Investments connection, there is a third case and it needs nothing from you: the position arrives on the Holdings tab on its own and is priced from a live quote rather than what you paid for it.
| Crypto asset | Crypto holding | |
|---|---|---|
| Added from | The + menu -> Account or Asset -> Cryptocurrency | The + menu -> Holding |
| Counts in net worth | Yes | No |
| Cost basis and gain/loss | No | Yes - it collects an average price |
| Price refresh | Only when you tap Update Price | Automatic |
Recording both does not double-count anything
The two live on separate screens. A crypto asset reaches your net worth and never appears on the Holdings tab; a crypto holding appears on the Holdings tab and is never counted in your net worth. So entering the same coin both ways shows it on two screens rather than inflating either figure.
It is still two things to keep current, which is the real reason to pick one. Choose the asset if what you want is the coin in your net worth; choose the holding if what you want is gain and loss against what you paid.
Updating Prices
Crypto prices do not refresh automatically. Whenever you want the latest figure, open the asset to edit it and tap Update Price. Cadence Money fetches the current price at that moment and fills in the value; save and the new figure is stored. Between updates the value stays exactly as you last recorded it.
Each crypto asset is saved in its own currency. If you use more than one currency, a picker sits beside Current Value; it starts on your primary currency, and Update Price fills the value in whichever currency it is set to, converting at that moment’s exchange rate. If you change the picker after updating the price, tap Update Price again so the figure matches the currency it is saved under. Your net worth total still converts everything into your primary currency.
Because prices are static between updates, it is worth refreshing after any meaningful market move - otherwise your net worth chart records a flat line through a week that was anything but.