This seems to be the golden age of currency innovation. A lot of new, alternative currencies have cropped up in the last few years, outside of the traditional government, central bank systems and fueled by cryptocurrency innovations.
When using the new currencies, it can be a bit of a hassle to keep track of all of them and their sometimes wildly fluctuating exchange rates. Toshl is here to help.
We’ve just added support for 16 new cryptocurrencies. You can add expenses, incomes, transfers, budgets and financial accounts in these currencies. They’ll work just like any other currency on Toshl, including having always updated and fresh exchange rates.
Quick tip: If you have a financial account in a foreign currency, the value of that account is automatically updated with fresh exchange rates. This way, you can always know your exact net worth in your main currency, no matter how many different currencies you use on your financial accounts.
The 16 newly added cryptocurrencies
The new currencies have already been automatically added to the Toshl Finance mobile and web apps, no app update is necessary.
With so many new cryptocurrencies, one could think they practically grow on trees. Toshl monsters do in fact grow their currencies on trees, they claim they’re more “natural” that way.