CoinTracker is a tool that tracks bitcoin portfolios and facilitates tax filing. In addition to offering real-time insights on the value and performance of their portfolio, it assists users in keeping track of their bitcoin holdings across several wallets and exchanges. In addition, CoinTracker helps users create tax reports—a service that may be quite helpful considering the intricate tax ramifications of bitcoin transactions.
Among CoinTracker’s primary attributes are:
Portfolio tracking: CoinTracker users may link their cryptocurrency exchanges and wallets to get a consolidated picture of their holdings.
Real-Time Prices: To assist customers keep informed about market changes, CoinTracker offers real-time price data for a variety of cryptocurrencies.
Tax Reporting: The ability of CoinTracker to produce tax reports is one of its key features. Using the transaction history of customers, it may automatically compute capital gains, losses, and other pertinent tax information.
Transaction History: By enabling users to see their whole transaction history, thorough analysis and record-keeping are made possible.
Exchange Sync: Users who have holdings on numerous platforms will find CoinTracker helpful since it can sync with a variety of cryptocurrency exchanges and wallets.
CoinTracker may provide a mobile application that enables customers to monitor their assets and access their portfolio while on the road.
It’s important to note that CoinTracker’s features and capabilities are subject to change, so for the most recent information, it’s a good idea to visit their official website or get in touch with support.
Before selecting a bitcoin portfolio monitoring and tax reporting solution, please be aware that there may be alternative platforms or services with identical names. Verify information and reviews.
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