Coinbase Custody VS CryptoTrader.Tax

Coinbase Custody Reviews

CryptoTrader.Tax Reviews

Coinbase Custody mentions (18)

• Crypto custodians and their importance for mass institutional adoption for Crypto

  Coinbase is one of the biggest crypto exchanges in the world and this San Francisco-based company also operates a crypto custody service called Coinbase Custody. Source: almost 2 years ago

• Daily General Discussion - November 17, 2021

  Coinbase launches Crypto Asset Custody for Institutions, supporting Ether and other cryptocurrencies. Source: over 2 years ago

• If you want bitcoin prices to rise, stop leaving bitcoin on exchanges.

  Maybe. I am not saying he leaves his bitcoins on Coinbase exchange by the way. I mean this: https://custody.coinbase.com/. Source: over 2 years ago

• Imagine a company that puts some BTC into their balance sheet. Who would then know the seed phrase?

  Yes, you pay them to keep your assets safe, just like you'd pay a security company to guard a vault or any other asset. I imagine their are insurances in place as well. https://custody.coinbase.com. Source: over 2 years ago

• Coinbase to invest in crypto based on Coinbase Custody customer investments

  If you go to https://custody.coinbase.com/ you can see that Coinbase Custody is for institutions. Coinbase will mimic their customers investments, but they have to publicly disclose what crypto they buy and for how much(?). Source: over 2 years ago

CryptoTrader.Tax mentions (170)

• WTF is this waiting period to send crypto?

  Exodus can produce a API file that you can download into cryptotrader.tax. That's what I do and it reports every trade and staking rewards. I have been doing this for 2 consecutive years and it works great! Source: almost 2 years ago

• Crypto Tax Tools not working with Nexo

  Did you try cryptotrader.tax. They recently changed their name to Coin Ledger. I was able to pull the cvs that I needed from Nexo and just load them in. In fact you can load all the exchanges and this software will figure it out the cost basis for you. I would not attempt to do it manually. Source: about 2 years ago

• Capital gains

  Got the 8949 from cryptotrader.tax. It gave me the list of trades I did with gains and losses. Source: about 2 years ago

• Woot! Got approved for a irs and state extension using FreeTaxUSA :) NEVER USING TURBO-TAX AGAIN didn't get anything back from them about an extension.

  Oh also found out about cryptotrader.tax it's been a lifesaver. What I was using before made it seems like I made some insane amount in crypto when there was no way I did. This got everything looking right and did all the math for me. Bit pricy ($100 to get the final info) but well worth the math help using it. So one more tool to get correct info I need to file :). Source: about 2 years ago

• Taxes…what a headache

  Sorry, it was cryptotrader.tax , It took all my trades from all of my 6 applications I use and basically summarized my gains/losses. Source: about 2 years ago