Crypto Tax and Portfolio Software | CoinTracker

James

— 2 min read

Keeping track of cryptocurrency investments and taxes can be overwhelming, especially if you trade on multiple exchanges or hold assets across wallets and blockchains. CoinTracker is a crypto portfolio and tax software designed to simplify this process, giving users a single platform to monitor holdings, calculate gains and losses, and generate tax reports.

Whether you’re a casual investor or an active trader, CoinTracker helps you stay organized and tax-compliant without the stress of spreadsheets or manual tracking.

What Is CoinTracker?

CoinTracker is a cloud-based software that connects to your crypto accounts, automatically imports transaction history, and tracks your portfolio performance. Its key functions include:

  • Calculating capital gains and losses
  • Tracking income from staking, airdrops, and DeFi
  • Generating tax reports for filing
  • Providing an overview of portfolio performance

The platform is particularly popular in the United States due to its integration with major tax software.

How CoinTracker Works

  1. Connect Wallets and Exchanges
    CoinTracker lets you link your accounts via API, public wallet addresses, or CSV files.
  2. Automatic Data Sync
    All your transactions — buys, sells, transfers, staking rewards, and more — are imported and categorized automatically.
  3. Portfolio Tracking
    See real-time portfolio value, asset allocation, and historical performance across all connected accounts.
  4. Generate Tax Reports
    When ready, download reports compatible with US tax filing software like TurboTax.

Portfolio Tracking Features

CoinTracker’s portfolio dashboard provides users with:

  • Real-Time Portfolio Value: Monitor the total value of your crypto holdings at any moment.
  • Gains and Losses Tracking: Separate realized and unrealized gains for accurate reporting.
  • Performance Analysis: Charts and reports show how your investments have grown over time.
  • Asset Allocation Insights: Understand the distribution of your portfolio across different coins, tokens, and blockchains.

This makes CoinTracker valuable not just for taxes, but also for managing and optimizing your crypto investments.

Crypto Tax Features

CoinTracker helps users stay tax-compliant with features like:

  • Automatic calculation of capital gains and losses
  • Tracking income from staking, rewards, and airdrops
  • Generating tax reports ready for filing
  • FIFO (First-In-First-Out) accounting for US tax purposes

While CoinTracker supports other countries, its core strength lies in US tax reporting and TurboTax compatibility.

Integrations

CoinTracker supports:

  • Exchanges: Coinbase, Binance, Kraken, Gemini, Bitstamp, and more
  • Wallets: Ledger, Trezor, MetaMask, and major blockchains
  • Tax Software: Direct integration with TurboTax for seamless filing

This extensive integration ensures most users’ transactions are automatically captured and categorized accurately.

Pricing: Free vs Paid Plans

CoinTracker offers a free plan that allows:

  • Portfolio tracking
  • Transaction import
  • Gain and loss previews

Paid plans are required for:

  • Downloading official tax reports
  • Handling large transaction volumes
  • Advanced features like DeFi tracking and multi-year tax reports

Pricing is based on the number of transactions you need to report per year.

Who Should Use CoinTracker?

  • US-based crypto investors
  • Beginners who want a simple interface
  • Investors using Coinbase and other popular exchanges
  • Anyone who wants a unified portfolio and tax tracking tool

CoinTracker is best for users with standard trading activity. Users with complex DeFi, NFT, or international tax needs may prefer more advanced tools like Koinly.

CoinTracker vs Competitors

  • CoinTracker: Best for US tax reporting and TurboTax integration
  • Koinly: Broader international support, more DeFi/NFT integrations
  • CoinLedger: Focused on simplicity and beginner-friendly interface

CoinTracker excels in ease-of-use and portfolio visibility, making it suitable for most everyday crypto investors.

Conclusion

CoinTracker is a reliable solution for crypto portfolio management and tax reporting, particularly for US-based investors. Its automated transaction import, real-time portfolio tracking, and tax report generation simplify the crypto tax process. For anyone looking to manage multiple accounts, track their portfolio, and prepare accurate tax reports, CoinTracker provides a straightforward and efficient platform.

Read more