Table of contents
Comprehensive tracking
CoinTracker supports a wide range of cryptocurrencies and integrates with many exchanges, making it easy to track all your digital assets in one place.
Tax calculations
CoinTracker provides powerful tax calculation features that help users prepare for tax season by generating necessary reports.
Easy setup
The platform offers an intuitive user interface and simple setup process, making it accessible even for beginners.
Real-time updates
CoinTracker offers real-time price tracking and portfolio updates, ensuring users always have the latest information.
Security
CoinTracker employs robust security measures, including encryption and secure storage, to protect user data.
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I have been using cointracker in 2021. Suddenly, six days ago, the system stopped posting my transactions. I was on the "free" program, and I intended to buy a program for tax purposes. After this problem. I will go elsewhere. Stopped pisting transaction with no indicated reason
Overall, CoinTracker is a highly recommended tool for cryptocurrency enthusiasts and investors who require accurate portfolio monitoring and tax compliance assistance. It is well-regarded for its user-friendly interface, reliability, and integration capabilities, making it a robust solution for effective crypto asset management.
We have collected here some useful links to help you find out if CoinTracker is good.
Check the traffic stats of CoinTracker on SimilarWeb. The key metrics to look for are: monthly visits, average visit duration, pages per visit, and traffic by country. Moreoever, check the traffic sources. For example "Direct" traffic is a good sign.
Check the "Domain Rating" of CoinTracker on Ahrefs. The domain rating is a measure of the strength of a website's backlink profile on a scale from 0 to 100. It shows the strength of CoinTracker's backlink profile compared to the other websites. In most cases a domain rating of 60+ is considered good and 70+ is considered very good.
Check the "Domain Authority" of CoinTracker on MOZ. A website's domain authority (DA) is a search engine ranking score that predicts how well a website will rank on search engine result pages (SERPs). It is based on a 100-point logarithmic scale, with higher scores corresponding to a greater likelihood of ranking. This is another useful metric to check if a website is good.
The latest comments about CoinTracker on Reddit. This can help you find out how popualr the product is and what people think about it.
Thanks, but the AI is useless and when I get customer support they just ignore me or send a link to some page. This has been my experience with cointracker.io I already started to move everything to Koinly. Thanks though... Source: over 2 years ago
Have you tried cointracker.io or koinly.io? I don't know if they support Gemini. Crypto exchanges are weird with tax forms, doesn't make sense to me either but I think most of them only provide 1099misc. I'm probably not going to file anything crypto related with the IRS until crypto is actually regulated and exchanges create proper documentation. Source: over 2 years ago
That email was only used for cointracker.io no where in the history of the internet has that email been used anywhere else. If they got that email, they got others. Source: over 2 years ago
Cointracker.io for one but this feature is part of their paid subscription. Source: over 2 years ago
If everything was legit you can use cointracker.io or koinly to gather all your transactions and provide them. Source: almost 3 years ago
My email was used to create an account, never verified and cointracker.io emailed me last year, saying we detected it and deleted it, all of your info, including your email will be removed after this message. Source: almost 3 years ago
Check the URL of any page linked in a CoinTracker email. Make sure that you are actually going to ‘cointracker.io’. Look out for deceitful emails with close imitations of our official domain name. Our emails occasionally contain links to useful resources from reputable sources, likewise, check that these URLs are correct. Source: almost 3 years ago
I've given my xpub's to things like cointracker.io for tax purposes so my accountant and tax professional can know my cost basis. Source: almost 3 years ago
Fifth questionable flag - I use cointracker.io for tax purposes, having used it to keep track of taxes from when I previously used ETH investments + mining to get myself out of a previous debt hole. Using that website, I was curious where my ETH was going and where it ended up. This is how I came to the paper trail as seen above and that it was odd that where my money was going had been a wallet in use since 2021.... Source: almost 3 years ago
Yes, you can own IMX in the US. Use cointracker.io or https://taxbit.com/ to track your transactions and taxes due for the US. Source: almost 3 years ago
Yes. Or you can use one of many crypto tax sites such as cointracker.io or koinly.io. Source: about 3 years ago
I have never downloaded anything from CoinTracker. I just made an account at cointracker.io and added my exchange accounts. I did everything through the website, no download or install required. Source: about 3 years ago
Check cointracker.io and see what it says, the coinbase tax tab is always wrong, cointracker is free for cb. Source: over 3 years ago
I agree! I've recommended this to my tax clients and they have not been disappointed. Great UI, and simple reviewing of transactions and how to handle. I had clients use cointracker.io and cointracking.info as well, but these feel much more confusing, even for a CPA who knows crypto. I recommended them away from these and to cryptotaxcalculator.io. Source: over 3 years ago
For Crypto, something like cointracker.io is a lifesaver. Especially if you have a lot of transactions or staking or other weirdness. Source: over 3 years ago
Cointracker.io is what you want, it's the service coinbase contracts to for taxes. It's free if you have less than 3000 transactions for the year. Source: over 3 years ago
Cointracker.io is free for coinbase users under 3000 transactions. Source: over 3 years ago
Honestly, if you make enough for multiple mining payouts per day (not withdrawals), it makes sense to use some sort of crypto tax software like cryptotrader.tax along with something like TurboTax if you have a W2 job or two that past year and crypto taxes. This solution did require me to pay for both TurboTax and cryptotrader.tax, but I was able to deduct the entire amount I would have owed along with my DoorDash... Source: over 3 years ago
Cointracker.io is free < 3000 transactions on coinbase. No, the IRS will not tell you what you owe. If you get chosen for an audit, not only will you pay more in taxes (cost basis) and penalties (for not filing/declaring up-front), but you may have criminal charges as well. Especially when it's SO EASY to spit out your info from cointracker. Source: over 3 years ago
The rather intimidating part of the export from nicehash when it comes to figuring out cost basis is that it generates a report with payments each 4 hrs (so 365*6 transactions per year) even though it shows the same price for the whole day (365 transactions) but that looks like different plan tiers for cointracker . .... when what you really want is a way to get into the free tier of under 25 transactions. Source: over 3 years ago
I second this. I am getting my stuff moved over from cointracker.io. Source: over 3 years ago
CoinTracker, a leading platform in the realm of cryptocurrency tax reporting and portfolio management, operates within a highly competitive market alongside services like Koinly, CoinTracking, and others. The platform's core function revolves around offering users the tools to consolidate and manage their cryptocurrency transactions for accurate tax reporting and financial oversight. Recent discourse surrounding CoinTracker showcases a spectrum of user opinions, reflecting both its strengths and areas for improvement.
Advantages and Positive Feedback:
Integration and Usability: CoinTracker is designed with a user-friendly interface that facilitates the seamless integration of cryptocurrency exchange accounts. This design philosophy streamlines the process of compiling transaction histories, appealing to both individual users and tax professionals. This is highlighted by its usefulness to people managing multiple cryptocurrencies and significant transaction volumes.
Collaboration with Tax Professionals: CoinTracker allows reports to be shared with tax professionals, making it a practical tool for those seeking expert assurance on their filing accuracy. Subscribers particularly appreciate features like DeFi support available in higher-tier plans, enabling more exhaustive handling of complex transactions.
Cost Efficiency for Coinbase Users: A noteworthy benefit includes a free tier for Coinbase users with transactions under 3,000, making CoinTracker an attractive option for those who fall within this usage bracket.
Professional Recommendations: Some tax professionals have noted CoinTracker’s user interface and transaction review process as beneficial, even endorsing it to their clients for cryptocurrency tax management.
Challenges and Criticisms:
Customer Support and AI Utilization: User experiences with customer support point to inconsistencies, with some individuals reporting unresponsive or unhelpful interactions. Additionally, the AI capabilities of CoinTracker have been criticized for their limitations in addressing user inquiries or issues effectively.
Privacy and Security Concerns: There have been concerns regarding security, stemming from incidents where unauthorized access attempts were reported. This has led to heightened scrutiny around the platform's security measures and data protection practices.
Accuracy of Tax Reports: Users have reported discrepancies in transactional recordings, particularly with automated systems marking inter-wallet transfers as trades. Such inaccuracies can cause confusion and necessitate additional manual checks, potentially reducing the platform's efficiency and reliability.
Complex Pricing Structure: CoinTracker's subscription plans, which are dependent on the volume of transactions, pose a challenge to users trying to navigate the right plan, especially those who might require features like DeFi support that come at a higher cost.
Conclusion:
Overall, CoinTracker remains a notable player in the crypto tax software industry, offering essential tools for simplifying cryptocurrency tax compliance. Its integration ease and professional compatibility are noteworthy strengths. However, reliability issues related to customer service, security, and transactional accuracy are persistent themes that may sway potential users toward competitors like Koinly or CryptoTrader.Tax. As the cryptocurrency landscape evolves, CoinTracker’s focus on refining its support infrastructure and reinforcing security measures will be crucial to maintaining its market position and consumer trust.
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Is CoinTracker good? This is an informative page that will help you find out. Moreover, you can review and discuss CoinTracker here. The primary details have not been verified within the last quarter, and they might be outdated. If you think we are missing something, please use the means on this page to comment or suggest changes. All reviews and comments are highly encouranged and appreciated as they help everyone in the community to make an informed choice. Please always be kind and objective when evaluating a product and sharing your opinion.
