Koinly is a cryptocurrency calculator trusted by crypto investors in over 20 countries. Koinly integrates with 700+ exchanges, blockchains, and wallets to give investors an easy and accurate way to track their crypto transactions in one place. From here, Koinly calculates the total capital gains and income an investor has derived from their crypto in any financial year.
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Based on our record, Koinly seems to be a lot more popular than GoodCrypto. While we know about 306 links to Koinly, we've tracked only 4 mentions of GoodCrypto. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.
I live in a U.S. State (NY) with restrictive crypto rules and use CoinbasePro as it is the best of what I can legally use. I was eventually going to code a trading bot to fill in the feature gaps on CBP, but after taking a huge hit like a lot of people during the recent downturn, I looked for something where I could get at least some of the features I wanted out of the box. I found goodcryoto had some. Source: over 2 years ago
The team of GoodCrypto is working a lot by updating our app and creating new features. Source: almost 3 years ago
If you like this feature, vote up this post and waiting for it the new updates of GoodCrypto. Source: almost 3 years ago
Bitcoin is the more mainstream and stable of the two, although the bullish sentiment among experts in the field appears to have only grown over the last year for Ethereum. As with most investments, its possible Ethereum's higher risk brings with it potential for higher rewards. https://goodcrypto.app/. Source: about 3 years ago
Every transaction you make with crypto is a taxable event. Even buying something with your bitcoin is a taxable event. So instead of looking at your balance, you have to look at each and every transaction and see how much you paid for the asset, how much you sold it for, and how long you held it. The ATO will also want a report on your crypto transactions, which you can get from koinly.io. That will also... Source: 5 months ago
Https://koinly.io/ is a popular recommendation here in Denmark. Denmark may have the worst possible taxation for crypto: every time you sell, use or convert your crypto, that's an event where you have to calculate your gains or losses. Gains are taxed like personal income (so up to 53% tax), but losses can only be deducted at 26% they do not offset the gains directly. A school teacher speculating in crypto ended... - Source: Hacker News / 6 months ago
-is it possible to track swaps and trades I'm making in defi via koinly.io or another tax tracking provider? I want to take advantage of long term capital gains vs short term whenever possible. Source: 10 months ago
Every trade where you go from 1 coin to another is a capital gains event. Take a look into https://koinly.io/ to calculate it for you. Source: 12 months ago
I just bit the bullet and pay koinly.io to do it for me. The one thing I like about it is you can tag staked transaction (eth to eth2) as swaps so they don't show up on your taxes. It's actually free until you want them to generate a tax form for you. Source: about 1 year ago
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