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Cointracker.io Review – The Best Crypto Tax Calculator


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What is Cointracker?

Cointracker was founded on August 22, 2017, by Chandan Lodha and Jon Lerner. The company is based in San Francisco, California. It works as a portfolio and tax manager for virtual currencies. It specializes in accounting, fintech, blockchain, digital currencies, and some other financial services.

Cointracker Mobile App

CoinTracker offers mobile apps for both iOS and Android. The apps are generally easy to use and have interfaces that are quite intuitive. However, the apps are missing some key features such as the ability to access certain charting tools and a dark mode.

It also lacks the time-period adjustment for your transaction history. However, the mobile apps are adequate in supporting features that can help you keep track of your portfolio on the go.

How does Cointracker work?

CoinTracker provides an easy way of generating tax forms. Start by connecting to your cryptocurrency exchanges and wallets to CoinTracker. A key advantage of CoinTracker over other services is that it supports over 300 exchanges. On your dashboard, select the exchange you want to connect.

If you have off-exchange cryptocurrency wallets, you can use the “Add Wallet tab” and enter your wallet address. Once done, specify the digital asset the wallet stores. The service supports 2,500+ coins including ADA, BCH, BTC, DASH, DOGE, EOS, ETC (including ERC20 tokens), ETH (including ERC20 tokens).

Compared to the competition in the market, generating tax forms from the CoinTracker is expensive. However, CoinTracker offers a better value proposition with a wide range of tax calculation features. the application offers additional features that are hard to find anywhere else

It is also worth noting that the CoinTracker crypto tracking App can integrate with a wide range of tax accounting software. One of the main features of the system is its ability to sync with most major crypto exchanges and wallets. This makes it worth subscribing to the available plans depending on individual needs.

Read more: CoinPedia

 

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Compared to the competition in the market, generating tax forms from the CoinTracker is expensive. However, CoinTracker offers a better value proposition with a wide range of tax calculation features. the application offers additional features that are hard to find anywhere else

It is also worth noting that the CoinTracker crypto tracking App can integrate with a wide range of tax accounting software. One of the main features of the system is its ability to sync with most major crypto exchanges and wallets. This makes it worth subscribing to the available plans depending on individual needs.

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