October 18, 2024
iYield: Addressing the Gaps in Crypto and Traditional Financial Management Tools

In the world of finance, managing money can get pretty complicated, especially when you add cryptocurrency into the mix. 

By November 2023, the number of global crypto owners reached 575 million, with a monthly average adoption growth rate of 2.8%. This number is expected to grow to between 700 and 900 million by the end of 2024, reflecting the mainstream acceptance of cryptocurrencies​. 

That’s a lot of money, and it shows just how popular crypto has become. But with this popularity comes the challenge of keeping track of all your different investments and expenses. 

Many people find it hard to manage their crypto assets along with their regular money. This is where iYield comes in, aiming to make things a lot simpler for everyone.

The Problem with Current Financial Tools

Most financial tools today don’t do a great job of handling both regular money and cryptocurrencies. Traditional tools might help you track your expenses and savings, but they often ignore your crypto investments. 

On the other hand, crypto portfolio trackers only show the value of your digital assets and miss out on other important financial details like your income, expenses, and debts. This leaves people without a clear picture of their total financial health.

Meet iYield: Your All-in-One Financial Planning Tool

iYield is here to solve this problem. Launched in 2023, iYield is the first tool that helps you manage both your crypto and traditional finances in one place. 

The team behind iYield, who are experienced in the world of crypto, found that existing tools were just not good enough. They wanted something that could give a complete overview of all their finances, so they created iYield.

What Makes iYield Special?

Comprehensive Crypto Support

One of the best things about iYield is how it handles cryptocurrencies. It can track the value of over 12,000 different cryptocurrencies and fiat currencies (that’s regular money like dollars and euros). It also shows your crypto holdings and their values using public wallet addresses. This means you always have the latest information on what your crypto assets are worth.

Unified Wealth Dashboard

With iYield, you get a unified wealth dashboard. This means it brings together all your financial information, both crypto and fiat. You can see your assets, debts, income, and expenses all in one place. 

This helps you understand your real net worth, not just the value of your crypto assets.

Income and Budget Tracking

iYield doesn’t just show you the value of your assets; it also helps you track your income and expenses. Whether it’s money from your job, investments in DeFi (Decentralized Finance), or staking, iYield provides detailed information. 

It shows how much you’re earning and what your annual percentage yield (APY) is, in both crypto and regular currencies. Plus, the budget dashboard helps you see your savings rate or cash flow, making it easier to plan your finances.

Customizable and Flexible

Everyone’s financial situation is different, and iYield understands that. You can manually add any financial item that isn’t automatically supported. You can also label and organize your finances in a way that makes sense to you. 

This makes iYield a very flexible tool that can adapt to your unique financial needs.

Multiple Workspaces for Better Organization

If you manage different budgets or portfolios, iYield has you covered. It offers multiple workspaces within a single account. This way, you can keep different parts of your financial life separate and well-organized.

Looking Ahead 

iYield aims to bring cryptocurrency into the mainstream financial world. It wants to help everyone benefit from the advantages of crypto by making it easier to manage. The service values privacy, security, and decentralization. It encourages long-term thinking and strategic planning, helping users reach their financial goals.

By integrating both crypto and traditional financial management into one tool, iYield provides a clear and complete picture of your financial health. Whether you’re new to crypto or have been investing for a while, iYield can help you take control of your finances. Visit the iYield website today to sign up for free and start managing your financial future more effectively.