Cointracker is a powerful tool for anyone with investments in crypto-currency. You can track and analyze your investment activity, including your portfolio, tax reporting, and more. It even integrates with some of the biggest exchanges on the market, so you can stay in the loop.
Integrations with major exchanges
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Tax reporting tool
The CoinTracker platform is one of the most popular crypto tax reporting tools. It’s designed to help customers reduce the hassles of filing taxes by offering a simple and efficient way to keep track of their cryptocurrency assets and transactions.
CoinTracker supports 8,000+ cryptocurrencies, allowing users to track their portfolio and calculate profit and loss. Additionally, it allows customers to share their reports with their accountant or tax professional.
It is compatible with TurboTax, TaxAct, and other tax preparation software. This makes it easy to import transactions, as well as generate IRS-compatible tax forms.
CoinTracker offers a free plan that lets users report 25 transactions per year. However, users who want to have access to more advanced features must purchase a subscription.
In addition to the free version, users can also subscribe to a monthly or annual tier. The unlimited plan is the most expensive.
Another good option is ZenLedger. The program allows users to report crypto income and losses in three easy steps. They can then export their results to other tax software.
Portfolio monitoring tool
If you want to know how your crypto portfolio is performing, then you need a good portfolio monitoring tool. This will help you keep track of your assets, monitor price changes, and automate trading.
There are many crypto portfolio trackers out there. However, you need to choose the one that will work best for you. Some are free, while others are priced based on the number of assets you wish to manage.
There are apps that allow you to track multiple coins, so you can better monitor your portfolio. You can set alerts to be notified when a certain coin rises or falls. They also give you access to charts with analytics.
One of the most popular crypto portfolio tracking tools is CoinTracker. This app allows you to track over 8,000 cryptocurrencies and over 300 exchanges. It’s rated 4.3 out of 5 by the Google Play Store.
CoinTracker is also a tax compliance platform. This means that you can view your portfolio allocation for tax purposes.