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.
Based on our record, Koinly should be more popular than CoinMarketCal. It has been mentiond 306 times since March 2021. 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.
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
CoinMarketCal - this one I little bit unknowns by masses but it is super useful. It is a one spot for all the crypto events going on. Everything that is available somewhere it will probably be here, every fork, every update, live events, AMA, test-net, main-net, release dates... Source: 5 months ago
Https://coinmarketcal.com/en/ is also a very useful site to check out important dates for projects. Source: about 1 year ago
I've had good results with short term investments in alts. One of the methods I used was reading road maps on the project's site, and looking for major milestones. Often they'd pump as the update gets closer and closer. Then I sell a day or two before the milestone is reached. I'd sell it for bitcoin usually. CoinMarketCal lists events and updates, and it might make coin selection faster. Source: over 1 year ago
This website shows all upcoming events and future releases regarding a certain Cryptocurrency. Allows you to see what's being released by which cryptocurrency, and gives you an opportunity to buy ahead in anticipation for price increases as a result of upcoming events. https://coinmarketcal.com/en/. Source: over 2 years ago
The cryptocurrency exchange rate reacts to the news one way or another, you just have to open and close a position in time. Earlier we said that it would be challenging for novice traders to work on a M1 time frame. However, from personal experience I can say that in this particular case, the M1 time frame is as relevant as possible. Larger time frames may simply not reflect the market’s reaction to this or that... Source: over 2 years ago
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