Guide to Tracking Crypto Prices in Google Sheets

By Aly
In Tech
on
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Photo by Leeloo The First by Pexels.com

In the fast-paced world of cryptocurrency, staying ahead means having real-time data at your fingertips. Whether you’re a seasoned trader, a long-term investor, or a business accepting crypto, tracking your portfolio efficiently is a game-changer. The best part? You don’t need fancy software—Google Sheets crypto prices tracking lets you monitor market trends, automate calculations, and stay informed, all for free.

Why Track Crypto Prices in Google Sheets?

Unlike pre-built portfolio trackers, Google Sheets offers full customization. You decide how data appears, integrate multiple exchanges, and automate updates using IMPORTXML or API integrations. Here’s why it’s worth setting up:

  • Live Price Updates – Automatically pull prices from sources like CoinGecko, Binance, or CoinMarketCap.
  • Portfolio Management – Track holdings, profit/loss, and performance trends in one place.
  • Custom Alerts – Use conditional formatting to highlight dips and spikes.
  • Historical Data Tracking – Analyze trends over time with price history and custom charts.
  • Tax & Accounting Simplification – Keep transaction records organized for easier reporting.

Now, let’s break down who benefits the most from this and how they can maximize Google Sheets for crypto tracking.

Who Benefits from Crypto Tracking in Google Sheets?

1. Active Traders & Investors

If you’re constantly buying and selling crypto, you need real-time price tracking. Google Sheets helps traders:

  • Monitor multiple assets across different exchanges.
  • Calculate gains and losses instantly based on purchase price.
  • Use automation to update price data and analyze market trends.

2. Long-Term Holders (HODLers)

Investors who have held crypto for years still need a way to monitor value fluctuations. Google Sheets is perfect for:

  • Tracking historical performance and comparing it to traditional assets.
  • Setting long-term goals by calculating average entry price vs. current market value.
  • Keeping a transparent record of holdings for future planning.

3. Businesses Accepting Crypto Payments

If you accept crypto payments, tracking real-time conversion rates is crucial. Google Sheets can:

  • Automatically update exchange rates to fiat currencies.
  • Log transactions with timestamps and conversion values.
  • Simplify tax reporting by keeping a structured database.

4. DeFi Yield Farmers & Stakers

DeFi users constantly move assets across different platforms to maximize staking and farming rewards. A well-structured Google Sheet can:

  • Track APY and reward distributions from multiple DeFi protocols.
  • Monitor gas fees and transaction costs to optimize yield strategies.
  • Visualize compounding returns over time.

5. Tax Professionals & Crypto Accountants

Crypto taxation can get complicated, but Google Sheets makes it easier by:

  • Organizing transactions with cost basis, holding periods, and realized gains.
  • Categorizing taxable events like staking rewards and swaps.
  • Exporting data for tax filing or integration with accounting software.

How to Track Crypto Prices in Google Sheets

Setting up a crypto price tracker in Google Sheets is easier than you think. Here are three popular methods:

1. Using GOOGLEFINANCE (For Limited Cryptos)

Google Sheets has a built-in GOOGLEFINANCE function, but it only supports a few major cryptocurrencies like BTC, ETH, and LTC.

=GOOGLEFINANCE(“CURRENCY:BTCUSD”)

Limitations: Only works for select cryptos and lacks historical data.

2. Using IMPORTXML for Live Data

For more extensive tracking, you can scrape price data from sources like CoinGecko:

=IMPORTXML(“https://www.coingecko.com/en/coins/bitcoin”, “//span[@class=’no-wrap’]”)

Limitations: Some websites block frequent data requests.

3. Using API Integration for Reliable Data

For the most accurate and automated tracking, use APIs like CoinGecko:

=IMPORTJSON(“https://api.coingecko.com/api/v3/simple/price?ids=bitcoin&vs_currencies=usd”)

Since Google Sheets doesn’t support JSON parsing natively, you’ll need to install a Google Apps Script for this method.

Final Thoughts

Tracking crypto prices in Google Sheets isn’t just about convenience—it’s about control. Whether you’re a trader, investor, or business, having real-time insights empowers better decision-making. With custom formulas, automation, and integrations, Google Sheets transforms into a powerful crypto dashboard that works for your needs.

Start setting up your Google Sheets crypto tracker today and take charge of your investments like a pro!

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