Binance offers various tools to help users track and understand changes in their portfolio assets. Your portfolio on Binance isn't static; it constantly changes due to several factors:
Firstly, market fluctuations are a primary driver. The value of your crypto assets (Bitcoin, Ethereum, altcoins, etc.) goes up and down based on market demand and supply, directly impacting your portfolio's total value and the percentage allocation of each asset.
Secondly, your trading activity significantly alters your portfolio. Every buy, sell, or swap transaction changes the quantity of assets you hold and their average cost. This also affects your realized and unrealized Profit and Loss (PnL). Binance provides detailed transaction histories and PnL analysis to help you understand the impact of your trades.
Thirdly, deposits and withdrawals directly influence your total asset holdings. Adding new funds or cryptocurrencies increases your portfolio size, while withdrawing assets decreases it.
Furthermore, participation in Binance Earn products like staking, savings, and liquid swap can lead to asset changes. These activities generate passive income in the form of additional crypto, which adds to your portfolio. Conversely, some advanced options like "Portfolio Margin" accounts might see changes in collateral ratios for specific assets, impacting your margin level and potential for liquidation.
To monitor these changes, Binance provides features like "Trading Insight" and "Portfolio Analytics." These tools allow you to view your overall portfolio stats, PnL, asset allocation, and even analyze individual coin performance over various timeframes, helping you make informed decisions about your crypto investments.
