Software Alternatives, Accelerators & Startups

PostgreSQL VS CoinTracking

Compare PostgreSQL VS CoinTracking and see what are their differences

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PostgreSQL logo PostgreSQL

PostgreSQL is a powerful, open source object-relational database system.

CoinTracking logo CoinTracking

All Coins, all Analyzes, all Calculations, all Charts and all Prices for Bitcoin, Litecoin...
  • PostgreSQL Landing page
    Landing page //
    2023-10-21
  • CoinTracking Landing page
    Landing page //
    2023-06-28

PostgreSQL features and specs

  • Open Source
    PostgreSQL is an open-source database management system, which means it is free to use, modify, and distribute. This reduces the cost of database management for individuals and organizations.
  • ACID Compliance
    PostgreSQL is fully ACID (Atomicity, Consistency, Isolation, Durability) compliant, ensuring reliable transactions and data integrity.
  • Extensible
    PostgreSQL is highly extensible, allowing users to add custom functions, data types, and operators. This enables tailored solutions to specific requirements.
  • Advanced SQL Features
    PostgreSQL supports advanced SQL features like full-text search, JSON and XML data types, and complex queries, providing powerful tools for database operations.
  • Community Support
    There is a strong and active community around PostgreSQL, offering extensive documentation, forums, and collaborative support, which aids troubleshooting and development.
  • Multiple Indexing Techniques
    PostgreSQL offers a variety of indexing techniques such as B-tree, GIN, GiST, and BRIN, allowing for optimized query performance on various data types.
  • Cross-Platform Availability
    PostgreSQL runs on all major operating systems (Windows, MacOS, Linux, Unix), giving flexibility in deployment and development environments.

Possible disadvantages of PostgreSQL

  • Complex Configuration
    Setting up and configuring PostgreSQL can be complex and time-consuming, especially for beginners, requiring a good understanding of its parameters and best practices.
  • Heavy Resource Consumption
    PostgreSQL can be resource-intensive, consuming significant CPU and memory compared to other database systems, which may affect performance on lower-end hardware.
  • Backup and Restore Process
    The backup and restore process in PostgreSQL is not as straightforward as in some other database systems, requiring more manual intervention and understanding of tools like pg_dump and pg_restore.
  • Replication Complexity
    While PostgreSQL supports replication, setting it up can be more complex than some other databases. Advanced configurations like multi-master replication can be particularly challenging.
  • Steeper Learning Curve
    Due to its advanced features and extensive capabilities, PostgreSQL can have a steeper learning curve, making it harder for new users to get started compared to simpler database systems.
  • Less Third-Party Tool Support
    PostgreSQL has less support from third-party tools compared to more widely adopted databases like MySQL, which can limit options for auxiliary functions like administration, monitoring, and development.

CoinTracking features and specs

  • Comprehensive Tracking
    CoinTracking supports tracking for over 20,000 different cryptocurrencies and tokens, providing a wide range of coverage for diverse portfolios.
  • Detailed Reports
    Generates detailed reports for tax purposes, helping users to stay compliant with local regulations and easily file their crypto taxes.
  • Real-Time Data
    Offers real-time updates on portfolio value, allowing investors to make timely decisions based on the latest market data.
  • API Integrations
    Supports API integrations with numerous exchanges and wallets, facilitating automatic import of transaction data.
  • Mobile Accessibility
    Provides a mobile app, enabling users to keep track of their cryptocurrency portfolio and investment performance on the go.
  • Security Features
    Implements advanced security measures like two-factor authentication (2FA) to protect user data and accounts.

Possible disadvantages of CoinTracking

  • Cost
    The full range of features is only available in the paid plans, which might be expensive for some users.
  • Complexity
    The platform can be overwhelming for beginners due to its wide array of features and detailed interface.
  • API Integration Issues
    Some users experience occasional difficulties with API integrations, leading to issues with transaction imports.
  • Customer Support
    Customer support can be slow at times, potentially frustrating users who need quick assistance.

Analysis of PostgreSQL

Overall verdict

  • Yes, PostgreSQL is considered a high-quality and reliable database management system, suitable for a wide range of applications, from small-scale personal projects to large enterprise systems.

Why this product is good

  • PostgreSQL is known for its strong support of SQL standards and excellent documentation, making it reliable for complex database requirements.
  • It provides advanced features such as multi-version concurrency control (MVCC), point-in-time recovery, and support for advanced indexing techniques.
  • PostgreSQL offers robust performance optimization options, powerful extensions, and a highly customizable platform.
  • It has a strong open-source community, ensuring ongoing improvements and support.
  • PostgreSQL is compatible with popular development frameworks and languages, enhancing its versatility.

Recommended for

  • Organizations seeking a scalable and stable database solution with strong compliance with SQL standards.
  • Developers who need advanced features like custom data types and indexing capabilities.
  • Projects requiring robust transactional integrity and data consistency.
  • Businesses looking for a cost-effective open-source database solution with active community support.

Analysis of CoinTracking

Overall verdict

  • Overall, CoinTracking is a robust and reliable platform for both individuals and professionals looking to manage and analyze their cryptocurrency investments effectively.

Why this product is good

  • CoinTracking is considered a good choice for cryptocurrency portfolio management because it offers comprehensive tracking features, supports a wide range of exchanges and coins, and provides detailed analytical tools. Additionally, it offers tax reporting features that cater to various countries, which is particularly beneficial for users who need to adhere to tax regulations.

Recommended for

  • Cryptocurrency enthusiasts who actively trade and want detailed insights into their portfolio performance.
  • Individuals seeking an integrated solution for cryptocurrency tax reporting.
  • Professional traders and investors who require advanced features for tracking and analysis of their digital assets.

PostgreSQL videos

Comparison of PostgreSQL and MongoDB

More videos:

  • Review - PostgreSQL Review
  • Review - MySQL vs PostgreSQL - Why you shouldn't use MySQL

CoinTracking videos

Cointracking Review - Track Crypto Portfolio and Taxes - Should You Get?!

Category Popularity

0-100% (relative to PostgreSQL and CoinTracking)
Databases
100 100%
0% 0
Cryptocurrencies
0 0%
100% 100
Relational Databases
100 100%
0% 0
Cryptocurrency Investment

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare PostgreSQL and CoinTracking

PostgreSQL Reviews

Database Management Systems (DBMS) Comparison: SQL Server, MySQL, PostgreSQL, MongoDB, Oracle
Choosing the right database management system (DBMS) is a crucial decision that directly impacts your projectโ€™s performance and scalability. With a variety of options โ€” SQL Server, MySQL, PostgreSQL, MongoDB, Oracle, and more โ€” each offering unique features and capabilities, itโ€™s important to carefully match the type of database software to your specific needs. Consider...
Source: blog.devart.com
20 Best Database Management Software and Tools of 2026
Yes, several tools, such as MySQL, PostgreSQL, and MongoDB, offer free versions. While these are robust, enterprise editions or add-ons may come with additional costs for advanced features and support.
Source: infomineo.com
Data Warehouse Tools
Peliqan acts as a bridge, allowing you to e.g. effortlessly pull your PostgreSQL data into Google Sheets for easy access and analysis using its one-click connector. Additionally, Peliqanโ€™s platform provides a user-friendly environment for data exploration, transformation with Magical SQL, and visualization capabilities, all without needing to switch between multiple tools.
Source: peliqan.io
Top 5 BigQuery Alternatives: A Challenge of Complexity
For over three decades, the open-source object-relational database system PostgreSQL has maintained its reputation as a top SQL server due to its features, performance, and reliability. (Heck, Redshift is even based on Postgres!) It's the go-to database solution for large corporations and organizations across a variety of industries from ecommerce to gaming to...
Source: blog.panoply.io
10 Best Database Management Software Of 2022 [+ Examples]
Applications Manager offers out-of-the-box health and performance monitoring for 20 popular databases including RDBMS, NoSQL, in-memory, distributed, and big data stores. It supports both commercial databases such as Oracle, Microsoft SQL, IBM DB2, and MongoDB as well as open source ones like MySQL and PostgreSQL.
Source: theqalead.com

CoinTracking Reviews

Best Cryptocurrency Tax Software: Complete Guide to the Top Options
CoinTracking aims to help out traders and investors, through an all-inclusive chart history for over 7,000 coins, updated prices, coin statistics, trends, volumes and analyses. In fact, professional help is also provided, as the platform collaborates with numerous CPAs, and full-service experts, whose services can be utilized for accurate tax reporting.
Source: blockonomi.com
Best Cryptocurrency Portfolio Trackers 2021 โ€“ Altcoin Management Apps
If you are just starting and planning to devote your time into investment and trading of digital currencies, I would recommend CoinTracking. You can trade with more than 100 cryptocurrencies and it helps you with the calculation of taxes. And in addition to that, it shows your profit and loss. With all the data available with CoinTracking you can make daily trading decision...
Blockfolio Alternatives: Best Portfolio Apps Similar to Blockfolio
Cointracking is a company that helps cryptocurrency traders in different countries with filing their taxes. However, the firm also offers a traditional cryptocurrency portfolio app that provides similar functionality to the rest of the apps covered in this article. The Cointracking app supports over 4,000 different cryptocurrencies.
Source: coincodex.com

Social recommendations and mentions

Based on our record, CoinTracking should be more popular than PostgreSQL. It has been mentiond 162 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.

PostgreSQL mentions (19)

  • Create an API - Project Setup
    In this new series we will be creating an API written in go, using a framework like Chi, connecting to a PostgreSQL, and have it deployed to a site like Railway. - Source: dev.to / 5 months ago
  • PostgreSQL vs MySQL 2026: Which Database Wins for Modern Apps?
    PostgreSQL 17 Performance Guide โ€” Official docs for the latest performance improvements. - Source: dev.to / 5 months ago
  • #5 - 'The Power of [Separation] Compels You!'
    You also might be saying, Why not include the credit and attribution data with the product data and just use one data file? Thats a great question. I could have for the purpose of this demo, but if there were a backend to this project and a relational database like PostgreSQL attached to it, I would still have both sets of data in separate tables in the database. By using a foreign key between related records in... - Source: dev.to / 11 months ago
  • Convert insert mutation to upsert
    In this quick post, weโ€™ll walk through implementing an Upsert operation in Hasura using PostgreSQL and GraphQL. - Source: dev.to / almost 2 years ago
  • Perfect Elixir: Environment Setup
    Iโ€™m on MacOS and erlang.org, elixir-lang.org, and postgresql.org all suggest installation via Homebrew, which is a very popular package manager for MacOS. - Source: dev.to / over 2 years ago
View more

CoinTracking mentions (162)

  • Can I see my balance from any past date?
    Https://cointracking.info/ does taxes too. Source: about 3 years ago
  • Received $20,000 tax bill
    Upload your entire wallet history to cointracking.info. It's what we recommend to our clients and it'll produce mostly accurate tax forms. If you've been doing any "advanced crypto shenanigans" it won't get those right, but for basic trades and exchanges, it'll be good. Source: over 3 years ago
  • Crypto tax software
    I've been using cointracking.info since 2017 and have been happy with it. Use it for both crypto and nfts and it works great. You can use my referral to get 10% off too: https://cointracking.info?ref=P584886. Source: over 3 years ago
  • Rolling up transactions for Taxes
    You can use fairspot to generate a csv to import into https://cointracking.info/. Has good reporting and can get tax forms for your country. Source: over 3 years ago
  • Defi Crypto taxes
    For the past two years, I've been using CoinTracking (https://cointracking.info/). Of course, it has its own drawbacks and learning curve for defi, but if you have most of your transactions on the main EVM chains (Avalanche, Fantom, Arbitrum, and of course Ethereum), they've gotten better at importing LPs and yield farming over the years. Source: over 3 years ago
View more

What are some alternatives?

When comparing PostgreSQL and CoinTracking, you can also consider the following products

MySQL - The world's most popular open source database

Koinly - Koinly is the easiest way to monitor your crypto activity & file your taxes.

Microsoft SQL - Microsoft SQL is a best in class relational database management software that facilitates the database server to provide you a primary function to store and retrieve data.

CoinMarketCap - Crypto-currency market capitalizations.

SQLite - SQLite Home Page

CoinStats - CoinStats is a cryptocurrency research and portfolio tracker, that allows to access market data on over 3000 cryptocurrencies, track bitcoin and altcoin investments.