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 seems to be a lot more popular than CryptoCompare. While we know about 306 links to Koinly, we've tracked only 11 mentions of CryptoCompare. 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 / 5 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
Oh but on twitter and cryptocompare.com I assure you we warned them LUNA boys but they never listened. Just like the HEX boys will get rugged by Richard Heart soon, they dont listen. Source: almost 2 years ago
Currently, on the 2 main indexing and tracking websites for blockchain projects (coinmarketcap.com and cryptocompare.com) there are over 19 thousand projects listed. Source: almost 2 years ago
On a budget, I a would maybe recommend a 3 rtx 3060ti gpu rig to start. That is the first rig I have every built. Some great sources to use is youtube guides on building a rtx 3060 ti rig and cryptocompare.com's hash rate calculator. Basically if you were to use hiveos and mine Eth, you would need around 183MH/s. The rig before Gpu's I built came to about $1,200. I paid about $2,500 to $3,000 on two LHR cards and... Source: about 2 years ago
Also, please note that Yield nodes uses cryptocompare.com for their rates. I found out after sending what I thought was enough to fund my nodes but it turned out to be less. Source: about 2 years ago
Curently, the prices of miners and gpus are skyrocketing, but it is still highly profitable to be doing this. Try cryptocompare.com 's mining calculator on exact values. Source: over 2 years ago
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