Cointracking information
Description
Cointracking is a very popular and well-known software for analyzing crypto portfolios. The subject of taxes is still a red rag for many people in the cryptospace, but everything can be so simple. Cointracking helps with simple wallet import and a variety of interfaces to easily track transactions. In principle, you don't need any other software to submit a complete and clean report in your tax return.
User-friendliness
The functionality of Cointracking is extremely vast. However, do not be unsettled by the abundance of functions, since with just a few clicks, both tax consultants and beginners can find their way around. Reports and exports for other tools are very quick and available in the most popular formats.
Security
Basically, Cointracking only reads in data that you either import or to which you give access via API. With the APIs, it is up to you to choose the right settings. For this, it is best to always follow the specifications and instructions of the exchanges, wallets and cointracking exactly.
The company
Behind Cointracking is a German company based in Munich: CoinTracking GmbH, Pasinger Str. 16, 82166 Graefelfing / Munich Germany. This means that the server is also located in Germany and meets all important data protection regulations.
Questions & answers
We have summarized the most important questions and answers about this provider for you and tried to answer them.
- Does Cointracking have a Binance API?
- Cointracking and eToro?
- Will Cointracking generate a tax report for me?
- Cointracking and Staking?
- Does Cointracking also work at Bitcoin.de?
- Is there an alternative to Cointracking?
- Is Cointracking free?
- Is Cointracking reputable?
Does Cointracking have a Binance API?
Yes, there is definitely a connection with the largest exchanges in cryptospace. Make sure, however, that you have the correct releases when generating the API key. If Cointracking is hacked, a hacker could otherwise access your stocks on the exchange. Always give read-only rights.
Cointracking and eToro?
Unfortunately, there is no connection to Cointracking for trades at eToro. eToro also trades in derivatives and only offers payouts in Bitcoin as such. However, you can always record the payment of Bitcoin from eToro at Cointracking. If you want to have everything centrally, then simply enter your trades manually.
Will Cointracking generate a tax report for me?
Yes, there is a tax report function at Cointracking. This report will definitely help your tax advisor to correctly post all the data. So far, we cannot say whether and how far this report as such is sufficient for the tax office. Basically, it is always better with a report than without.
Cointracking and Staking?
Hundreds of small transactions are generated during staking, and Cointracking would be a huge relief for this. Unfortunately, very few staking coins are still supported by Cointracking. If in doubt, ask the Cointracking support: we have compiled all contact details under Help.
Does Cointracking also work at Bitcoin.de?
Yes, Bitcoin addresses can also be stored. All transactions on these addresses are automatically stored. Of course, you can also enter transactions into the system manually. Bitcoin.de also offers other exports. Cointracking also has a general CSV import.
Is there an alternative to Cointracking?
Yes there are some very good alternatives to Cointracking, here is a list:
If you think a provider is still missing from the list, please write to us by email.
Is Cointracking free?
Yes and no, the software can be used to its full functionality for up to 200 transactions. From 200 transactions, there are additional costs that can be paid in cryptocurrency. You can find a price list here: Cointracking price list.
Is Cointracking reputable?
From our point of view, Cointracking can 100% be described as a reputable company. The company is based in Germany and answers every question. The team can also be seen in various YouTube videos and interviews. The people involved are known and tangible. The platform shows all important aspects regarding security and trust.