A Comprehensive Guide On Using DeBank & Its Functionalities

The rise of cryptocurrency has brought a gamut of possibilities for the world. A number of decentralized solutions have emerged out of blockchain. They all represented alternatives to traditional methods of finance that have been used for centuries. Not only did they solve many existing problems, but they also empowered businesses and individuals. DeBank is one such solution that works like a wonder for crypto users.

Dive Into The World Of DeBank

DeBank is a comprehensive dashboard that simplifies the management of digital assets. It offers multiple functions and is compatible with over 15 different blockchain networks. The overarching tool aggregates data and provides a consolidated view of users’ holdings. It shows portfolios, positions, outstanding debts on loans, and pending rewards across 800 protocols. 

Using a DeBank, one can easily keep tabs on historical transactions, NFTs, and other activities. And since it is so useful, every crypto user should know how to use this platform.

Step-by-Step Guide to Using DeBank Profile

Following these instructions, one can easily use DeBank to streamline their DeFi management experience. 

Step1: Create Account

First things first, visit the DeBank homepage and create an account. Existing users can log in. 

Step2: Choose Wallet 

Choose the wallet you want to use. DeBank offers many options while making the process seamless.

Step3: Connect & Verify Wallet

Having chosen the preferred wallet, connect it to your account and verify. Click on the “verify” button and follow the steps. Once done, the users can see their DeFi portfolio. 

Step 4: Profile Customization

After setting up the wallet, the user needs to customize their profile. To do that, users need to do the following:

Add a bio- Users can briefly describe themselves and their journey in the crypto sphere.

Connect social media handles- They can also connect their social media handles with the profile. It helps them expand their network in the DeFi space.

NFT profile picture- Users can also add an NFT profile picture to give a more personal touch to their profile.

Step 5: Asset Tracking

The next thing to do is to track the assets by entering the wallet address. 

Step 6: Build Community

Using the Stream Function, the users can connect with each other. On DeBank it works just like a social media website. User can share their information and gain insights from others.

Step 7: Track Whales 

The users can also track the top crypto investors on its platform. They can monitor the whales’ activities and study their investment strategy.

Step 8: Contact Support (If Needed)

The users can contact the dedicated support team on Discord. They answer all queries and provide solutions to security issues too. 

Conclusion

DeBank helps crypto users in many ways. It gives them real-time data and makes analysis very easy for them. With this application, it is very easy for crypto users to stay ahead of the curve. It makes that possible with cutting-edge features and a robust structure. It’s certainly a must-have for traders who want to bring efficacy to its asset management.

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Source: https://www.thecoinrepublic.com/2023/10/08/a-comprehensive-guide-on-using-debank-its-functionalities/