TokenTax: Crypto Tax Loss Harvesting
TokenTax
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Coinpanda is the easiest way to calculate and file your taxes for digital currencies. Directly connect all of your exchanges to Coinpanda with API keys, and synchronize your crypto balances and transactions automatically. Gain insight to your trades, and learn how to optimize your profits.
Our platform is built to make cryptocurrency tax calculations simple, automated and painless. Easily review your tax summary, and download tax reports ready to be filed. We support the US, UK, Canada, Germany, Norway and 20+ other countries.
It's 100% free to create account and use all the features: https://app.coinpanda.io/register
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I am really happy with how easy Coinpanda is. I trade mostly on Coinbase and Binance and I could import all my transactions without issues. Will recommend this product to all crypto traders.
Based on our record, Coinpanda should be more popular than TokenTax: Crypto Tax Loss Harvesting. It has been mentiond 8 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.
There are safer ways to harvest losses on a crypto asset. One approach is to trade the depreciated asset for a coin with which its price is closely correlated, hold that correlated coin for more than 30 days, and then repurchase the original asset. For example, you might trade UNI for DPI, hold DPI until the wash sale period passes, and then repurchase UNI. Source: over 2 years ago
I was waiting on koinly.io to incorporate Avalanche, but then someone mentioned coinpanda.io. I'm looking into it as an automated transaction compiler for tax purposes. Source: over 2 years ago
This website has something http://coinpanda.io but it is asking for a lot of money. Source: over 2 years ago
I’ve moved to coin panda next - https://coinpanda.io/ Great selection of exchanges and all sorts of wallets, compliance with both US regulations and EU regulations. But UI/UX was a bit complicated to me compared to Koinly + Koinly was 10$ cheaper for my amount of transactions 😁 Obvious move to Koinly. Source: over 2 years ago
What I mean is: you have entered your entries + goals for selling coins on futures and spot & set goals that you want to reach with your porftolio? Cointracker.io & https://coinpanda.io/ are great but they don't really give me this possibility, excel or google sheet with some advanced scripts can deal with this issue but nothing else. Feedback is much appreciated! Source: over 2 years ago
I was reading coinpanda.io musings on how the IRS breaks down staking for "business" vs "hobby". Source: over 2 years ago
TokenTax - Crypto taxes made easy. TurboTax for cryptocurrency.
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