CoinTracker is a comprehensive cryptocurrency portfolio management and tax reporting platform designed to simplify the complexities of tracking digital assets and ensuring tax compliance. Trusted by over 2.5 million users, CoinTracker seamlessly integrates with more than 500 exchanges, wallets, and blockchains, providing real-time insights into portfolio performance and facilitating accurate tax calculations.
Key Features and Functionality:
- Automatic Portfolio Tracking: CoinTracker syncs with over 500 exchanges and wallets, offering a unified view of all cryptocurrency holdings.
- Comprehensive Tax Reporting: The platform generates necessary tax forms compatible with TurboTax, H&R Block, or personal tax professionals, streamlining the tax filing process.
- DeFi and NFT Integration: Supports over 50,000 smart contracts and 600+ decentralized applications , enabling users to track decentralized finance activities and non-fungible tokens.
- Real-Time Performance Analytics: Provides real-time calculations of unrealized and realized gains and losses, portfolio value, and performance over time.
- Security Measures: Implements read-only access to wallets, end-to-end encryption, and token-based two-factor authentication to ensure data security.
Primary Value and User Solutions:
CoinTracker addresses the challenges of managing diverse cryptocurrency portfolios and navigating complex tax regulations. By automating portfolio tracking and tax reporting, it saves users significant time and effort, reducing the risk of errors and ensuring compliance with tax laws. Its comprehensive integration with numerous exchanges and wallets provides a holistic view of investments, empowering users to make informed financial decisions. Additionally, CoinTracker's robust security measures offer peace of mind, safeguarding sensitive financial information.