What Is CoinTracker

James

— 1 min read

Introduction

CoinTracker is a comprehensive cryptocurrency portfolio tracker and tax management platform designed for investors of all levels. It allows you to connect multiple wallets, exchanges, and DeFi accounts in one place, giving a complete, real-time view of your crypto holdings.

Whether you’re a casual investor, active trader, or tax-conscious crypto enthusiast, CoinTracker simplifies portfolio management and ensures compliance with tax regulations.

Key Features of CoinTracker

1. Automatic Portfolio Tracking

Connect wallets, exchanges, and DeFi platforms securely. CoinTracker automatically imports transactions, tracks balances, and calculates gains/losses—so you don’t have to do it manually.

2. Crypto Tax Reporting Made Easy

Generate IRS-compliant reports for capital gains, income, mining, staking, and NFTs. CoinTracker integrates with popular tax software like TurboTax and TaxAct.

3. Portfolio Insights & Analytics

Analyze historical performance, asset allocation, and trading trends. CoinTracker provides charts and insights to help you make smarter investment decisions.

4. Tax Loss Harvesting

Identify opportunities to reduce your taxable gains with CoinTracker’s automated tax loss harvesting tools.

5. Invite Your Tax Professional

Easily share your reports with accountants or tax advisors with secure permissions, making collaboration simple.

6. Security & Privacy

CoinTracker uses bank-level encryption and read-only API connections. Your private keys are never stored, keeping your assets secure.

How CoinTracker Works

  1. Connect Accounts: Link wallets, exchanges, and DeFi platforms.
  2. Track Transactions Automatically: All trades, income, and staking rewards are imported and categorized.
  3. Generate Reports & Insights: View portfolio performance, export tax reports, and optimize your investment strategy.

Supported Integrations

  • Exchanges: Coinbase, Binance, Kraken, and more.
  • Wallets: MetaMask, Ledger, Trezor, etc.
  • NFTs & DeFi: Track NFT purchases/sales and staking/lending protocols.
  • Tax Software: TurboTax, TaxAct, and others.

How CoinTracker Compares to Other Crypto Tax Services

Unlike standalone crypto tax software, CoinTracker combines portfolio tracking and tax reporting in one platform. This eliminates manual tracking errors and provides a complete, centralized solution for crypto investors.

Why Use CoinTracker?

  • Automatic syncing across wallets & exchanges
  • Time-saving tax reporting and IRS-compliant forms
  • Supports thousands of cryptocurrencies, NFTs, and DeFi protocols
  • Bank-level security and privacy protection

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