Manage digital assets: Organize stocks and cryptocurrencies securely with FileMaker on Mac, PC and iOS

Cryptocurrencies such as Bitcoin, Ethereum, Litecoin or Polkadot as well as other digital assets have become a major player in global finance in recent years. However, managing cryptocurrencies, whether for personal use, for small businesses or for larger investments, can be challenging due to their complexity. Claris FileMaker Pro, a user-friendly and flexible database platform from Apple subsidiary Claris, offers an ideal solution to simplify and customize the management of cryptocurrencies.

In this article, we present the various possible uses of FileMaker Pro for managing cryptocurrencies and explain the steps on how to use this powerful tool for optimal organization.

Basics of Claris FileMaker Pro

FileMaker Pro is a cross-platform relational database software that is suitable for both individuals and companies. It makes it possible to create complex database solutions with an intuitive user interface. The software is characterized by a particularly high level of user-friendliness and is developed by the Apple subsidiary Claris. FileMaker supports a variety of file formats for importing and exporting data and can be easily integrated into existing systems thanks to its integration with APIs. The software can be run on Apple macOS, Windows, iOS and in a web browser.

With our free FileMaker crash course, you can learn how to use Claris FileMaker Pro quickly and easily. We will guide you step by step through the most important functions so that you can create your own solutions and adapt them to your individual needs in no time at all. Whether for managing cryptocurrencies, organizing projects or automating processes - FileMaker Pro offers you a wide range of possibilities. In addition, we offer Claris FileMaker Pro in an affordable bundle price so that you can get started right away and benefit from the full power of this platform.

In the following, we will show you the possibilities Claris FileMaker can offer you for the management of digital assets.

Cryptocurrency management with FileMaker Pro

Cryptocurrency management requires users to efficiently organize various information such as wallet addresses, transactions, account balances, exchange rates and tax information. FileMaker Pro can systematically capture and display this data through custom layouts and scripts, allowing for clear management.

a) Wallet and address management

One of the first challenges in managing cryptocurrencies is tracking the various wallets and addresses. FileMaker Pro can be used to create a database that stores each wallet address, including the corresponding cryptocurrency (e.g. Bitcoin, Ethereum) and the security keys. In addition, the software can provide functions for managing multi-signature wallets and tracking private keys.

For example, in a simple structure, each wallet could be stored as a record in the database, with fields for:

* Wallet address
* Private key (encrypted)
* Cryptocurrency type
* Time of creation
* Linked transactions

b) Transaction monitoring and recording

Recording transactions is a key aspect of managing cryptocurrencies. FileMaker Pro allows you to create custom layouts that allow you to track transactions for each wallet, including the transaction ID, date, addresses involved and the amount in each cryptocurrency.

The integration with APIs of the various cryptocurrency networks makes it possible to automatically import transactions from the blockchain and transfer them to the FileMaker database. This would allow users not only to enter data manually, but also to receive automated real-time updates of their transactions.

c) Exchange rate tracking

Since the value of cryptocurrencies is very volatile, it is often important to monitor the current market price. FileMaker Pro offers the possibility to update exchange rates in real time via API connections to crypto exchanges such as CoinMarketCap or Binance.

This data can be used to automatically perform conversions to show the value of cryptocurrencies held in different fiat currencies (e.g. Euro or US Dollar). A dynamic view could display all held cryptocurrencies and their current value on a dashboard.

d) Tax documentation

For cryptocurrency investors and traders, it is important to accurately document gains and losses for tax purposes. FileMaker Pro can be used to create reports that automatically calculate gains and losses based on transaction history.

By importing historical exchange rates and transaction data, the reports can be designed to include capital gains tax information. This makes it easier for users to provide the required data for tax returns and ensure compliance with local regulations.

Areas of application of FileMaker Pro for digital assets

The flexibility of FileMaker Pro enables a variety of applications for different user groups:

a) Personal financial management

For individuals investing in cryptocurrencies, FileMaker Pro can be a simple, personalized tool to track their various wallets and transactions. The user can monitor the total value of their portfolio in real time and generate reports on the performance of their investments.

b) Business use

Businesses that accept cryptocurrencies as a means of payment or invest in cryptocurrencies can use FileMaker Pro to monitor and manage income and expenses in digital currencies. It also enables easy integration of cryptocurrency transactions into the company's existing accounting software.

c) Portfolio management

For professional investors and cryptocurrency managers, FileMaker Pro offers the ability to create a comprehensive portfolio management solution that integrates various cryptocurrencies, wallets and transactions into one user-friendly dashboard. Users can make informed decisions based on up-to-date market data and analysis that is imported into the database in real time.

d) Exchanges and trading platforms

Cryptocurrency exchanges and trading platforms can use FileMaker Pro to create a clear, customized management of their trading activities. They can generate detailed reports on their trading volumes, fees and revenues and customize their trading strategies based on the data collected.

4. technical implementation: APIs and automation

A key benefit of FileMaker Pro is its ability to integrate third-party APIs. To manage cryptocurrencies efficiently, APIs from crypto exchanges or data providers such as CoinMarketCap can be integrated into the FileMaker database. This makes it possible to automatically update market prices, transaction histories and other relevant data. The integration of an API into FileMaker can be implemented within a few minutes using a FileMaker script.

Automation can be achieved through FileMaker scripts that regularly retrieve data or perform actions based on certain conditions. For example, scripts could notify the user when the value of a particular cryptocurrency exceeds a certain threshold.

Automatically synchronize data with FileMaker and APIs

Below you will find a list of providers that offer online APIs for querying data from the crypto sector and that can be integrated into FileMaker. The areas of application and a classification into free and fee-based platforms are also listed:

1. CoinMarketCap

* Area of application: price tracking, market capitalizations, historical price data, global crypto statistics.

* API types:

* Free of charge: Provides up to 10,000 API requests per month with access to basic market data.
* Paid: Extended data, real-time updates, extended historical data and up to 1,000,000 API requests per month.

* Special features: Extensive data on almost all cryptocurrencies and detailed information on individual markets.

2 CoinGecko

* Area of application: Price tracking, information on cryptocurrencies, market prices, historical data, market capitalization.

* API types:

* Free: Unlimited API queries, but with rate limits (up to 50 queries per minute).
* Paid: Faster queries and additional data via premium tariffs.

* Special features: A very comprehensive free plan with one of the most comprehensive databases for cryptocurrencies.

3. Binance API

* Area of application: cryptocurrency prices, trading data, wallet management, transaction tracking.

* API types:

* Free of charge: Direct access to price and market data, trading functions and account management.
* Paid: For high transaction volumes and additional functions.

* Special features: Ideal for traders who trade on Binance and want to track their transactions in FileMaker.

4th Kraken API

* Area of application: Price tracking, trading and transaction data, account management.

* API types:

* Free of charge: Access to price and trading data as well as market depth and volume.
* Paid: Premium access for institutional users, higher API rate limits.

* Special features: Very secure and intended for users trading directly on the Kraken exchange.

5 CoinAPI

* Area of application: Market data, historical data, price information, exchange trading data.

* API types:

* Free of charge: Up to 100 API requests per day for basic market data.
* Paid: For users who need more than 100 requests per day or want to query historical data on a large scale.

* Special features: Very extensive coverage of data worldwide and a high update frequency.

6 Nomics API

* Area of application: cryptocurrency prices, market capitalization, trading volumes, historical data.

* API types:

* Free of charge: Up to 1,000 API requests per day for basic price data and market data.
* Paid: Extended access to detailed data and higher request rates.

* Special features: High data quality and especially suitable for analytical purposes.

7 Messari API

* Area of application: Crypto markets, price data, news, analyses and research reports.

* API types:

* Free of charge: Basic access to price and market data and selected analytics.
* Paid: Premium access to deeper analysis, research data and customized reports.

* Special features: Particularly suitable for professional investors who require detailed analysis and reports on the crypto market.

8. blockchain.com API

* Area of application: Blockchain transaction data, wallet management, market data.

* API types:

* Free of charge: API access to blockchain data and wallet information.
* Paid: For higher transaction volumes and extended access to blockchain data.

* Special features: Provides a solid solution for users who want to analyze transactions on the blockchain or manage wallets directly.

9 CoinPaprika API

* Area of application: Cryptocurrency prices, market capitalization, price trends, historical data.

* API types:

* Free: Unlimited API requests for market data and price information.
* Paid: Faster queries and access to additional data.

* Special features: One of the few platforms that allows unlimited free queries.

10 BraveNewCoin API

* Area of application: Market data, price tracking, liquidity analysis, trading volumes.

* API types:

* Free: Basic market data and price tracking.
* Chargeable: Extended trading data, liquidity analyses and extended histories.

* Special features: Provides extensive historical data, ideal for market analysis and research.

The providers mentioned offer a wide range of applications for managing cryptocurrencies in FileMaker, from simple price monitoring to complex portfolio analyses and integration into trading strategies. Please note that the price conditions mentioned may change in practice after publication of this article.

Summary

Using Claris FileMaker Pro to manage cryptocurrencies provides a customized, flexible solution for a variety of use cases, from personal financial management to professional portfolio management. Thanks to its extensive customization options, API integration and automation features, FileMaker Pro can make cryptocurrency management much easier and more efficient. This solution is particularly attractive for users looking for a centralized, custom platform to manage their digital assets.

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Herr Markus Schall
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info@gofilemaker.de

Development of customizable ERP software with CRM, billing and inventory management for macOS, Windows and iOS based on the Claris FileMaker platform. Development and distribution of database systems, ERP software and merchandise management systems based on the FileMaker platform. Experience with FileMaker databases since 1994, winner of an FMM Award 2011, presented by FileMaker Magazine.

This release was published on openPR.