How to Connect Multiple Hardware Wallets and View Your Entire Crypto Portfolio With Faast
If you’re a serious cryptocurrency investor or trader, one of the biggest challenges you might have is getting a clear sense of your portfolio all in one place. This is especially a challenge if you maintain multiple hardware wallets. The good news is that Faast is here to help. Today we’ll show you how you can connect all your hardware wallets to Faast at the same time and get a clear, visual depiction of your entire portfolio with one tool. Whether you’re running a hedge fund or just like to spread your holdings around, this powerful portfolio management tool will make your life easier.
Many people who hold significant amounts of cryptocurrency choose to spread their holdings across multiple hardware wallets. The logic behind doing this is sound: if your assets are stored in more than one wallet, there is no single point of failure, so if you lose one wallet, private key or keystore phrase, it’s unfortunate, yes, but it’s not the end of the world.
This is good for security, but the problem with doing this is that it introduces more fragmentation of data into your portfolio, and makes it more complicated and tedious to manage. Most tools only allow you to connect and view one wallet at a time, so it becomes impossible to get a complete sense of your portfolio in one screen.
In this situation, you’re back to filling out spreadsheets.
The Solution: View All Your Wallets at Once With Faast
If spending half your day staring at an MS Excel doesn’t sound like your idea of fun, relax — we’ve got you covered. We have already explained in previous posts how Faast provides you with an easily digestible (and sharable) visual representation of your holdings. But our vision for this product was a lot more ambitious than just providing pie charts for one wallet at a time.
Faast allows you to not only connect an visualize one wallet, but a multitude of wallets all at once! In this way, you can connect all your Trezor or Ledger wallets to your computer at the same time, sync them with Faast, and get a complete visual overview of your portfolio along with other essential data , all in one place.
How it works
Faast currently supports both the Trezor and Ledger Nano S hardware wallets. If you haven’t done so already, read our user guides which explain how connect your device to Faast (it’s really easy):
Now that you know the steps involved, you simply repeat the steps for each wallet you wish to connect. There’s no limit to the combinations of wallets you can connect at once. Below we see a portfolio with a Trezor wallet, a Nano S, and an Ethereum wallet keystore file all connected at once.
Just click on the tabs on the left side of the screen to toggle back and forth between wallets, or the “My Portfolio” tab on top to see the combined holdings of all connected wallets represented in one graph!
Below the graphs, you’ll see each asset broken down by weight, price, units, dollar amount of that asset, and the change in price over the past 24 hours.
If you wish to rebalance holdings in your wallets, just go to the swap screen where you can you use our signature click and drag UI to rebalance any asset as you see fit.
Total control and informational awareness. This is how cryptocurrency portfolio management should be.
Try it out for yourself and see why Faast is the ultimate tool for viewing your whole cryptocurrency portfolio in one place!
PS- don’t forget to follow Faast on Twitter (@gofaast) for the latest news about coin listings, project updates and more!