Why CoinTracker Can Be The Most Reliable Crypto Tracking Platform? Here's the Full Review!

in #cointracker6 years ago (edited)

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Image Background By Pixabay | Logo By CoinTracker Website


Repositories


What Crypto Tracker Are You Looking For?

For every trader, a cryptocurrency tracker is one of the features that is very useful and needed, isn't that right? Cryptocurrency tracking machines usually work to provide information from all your exchanges and wallets. Every trader can see in a flash how the portfolio performance is shown through the tracking machine.

However, not all tracking machines can work optimally to transform all information to you. Even some cryptocurrency tracking service providers cannot display detailed and real-time portfolios. For this reason, through this paper, I recommend you to use CoinTracker.io.

CoinTracker.io is not just a basic crypto tracker, but it's more than that. If you are a trader who is looking for a crypto tracking platform, then CoinTracker.io can be one of the reliable tracking machines at the moment. A fairly standard feature such as automatic synchronization will allow you to save a lot of time and money.

In addition, CoinTracker also has a very high ability to read CSV files. This section will allow you to import and export CSV files to other devices. this is the first part of the explanation about CoinTracker.io and there will be more interesting ones below.

Okay, allow me to introduce CoinTracker.io more clearly to you.


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image source | edit by me

Introduce CoinTracker.io

Quoted from their official page, CoinTracker.io is one of the portfolio and tax managers who can provide services to more than 2,400 Cryptocurrencies, isn't that amazing? This platform will work to show all parts of your performance that will be displayed on the dashboard section. If you want crypto portfolio tracking, then this can be relied upon.

In addition, this platform also allows you to add tax filing features. The portfolio will be aired in its entirety and you can see it very easily. Basically this tool is not only able to track prices, market capitalization and historical data about cryptocurrency.

But more than that, the platform will allow you to see the entire portfolio on the exchange, and your wallet. This will make your work easier.

If you initially only relied on Google spreadsheets, now it's time for you to switch to the CoinTracker.io. Platform

Yes, you will feel for yourself how great this platform works to save your costs and work time. So you don't need to be difficult to find professional accountants at a very expensive cost. It's time for you to subscribe to using CoinTracker.io.

CoinTracker.io provides various offers for subscription and you can adjust to your needs.

Basically, this platform works for free for portfolio tracking, while to use the tax creation feature you have to spend according to the amount determined by the platform. This platform is also designed in a simple way that makes it easy to be understood by all individuals.


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distribution data pada dashbor | image edited by me

How This Platform Works and What Benefits Will Be Enjoyed?

If you are interested in using this service, then it is appropriate for you to read this as a whole.

CoinTracker.io is a platform specifically designed using advanced technology. This tool will be able to read balances and update other information automatically and real-time. At present the platform can only track multiple crypto exchanges. If it's not wrong, my latest analysis shows that there are 31 crypto exchanges supported by the platform.

The following are some steps that you must follow so that the platform can work for you.

  • Please register first in the "sign up".

  • Follow all instructions and fill in the requested data.

  • After you ensure that your account has been successfully created, then connect your exchange wallet to the CoinTracker account.

  • You can also add any public address, such as ETH, BTC, LTC or other crypto supported by the platform.

As for entering coins that have not been registered on the platform, you can enter them manually. I advise you to enter it in detail, for example the name of the coin and the amount you have. You can also track the cost base and gain capital for the portfolio.

By using CoinTracker.io you can take advantage of the Capital Gain report feature. Capital gain data will be calculated using accounting FIFO, HIFO, or LIFO. To be able to use this service you have to pay a fee of around $ 29.99. The price for tax reporting services is less than 100 transactions.

As for enjoying unlimited transaction reports, you can choose this service by paying a fee of around $ 999.99.

By utilizing this service, the Platform will work to archive all data from the stock and wallet that you connect with a CoinTracker account. You can track the number of transactions from time to time. The platform will also display a summary of your tax.

To get a capital gain report in detail, you need to download the Report.

The platform can display information about the entire portfolio for each of your coins. And displays all transaction history that you do. Besides that the platform can also display the top 100 coin lists.

By utilizing the tracking performance available on CoinTracker, it will allow you to more easily determine investment decisions.

Currently the CoinTracker.io platform has also collaborated with CoinBase. You can register directly through Coinbase.


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image source | edited by me

Team

Traced from the website CoinTracker.io, this great platform was founded by two great people who were once Google employees. The great people are Chandan Lodha and John Lerner.

Chandan Lodha (Co-Founder). He is a worker on Google who was assigned to become a Product Manager Associate in 2015. While Jon Lerner (Co-Founder). He is a great engineer in the field of software on Google. He once established a provider of IP telephony TextNow.
That was done before he worked on Google. These two people are talented and experienced individuals in their fields.


Conclusion

One of the main benefits of this platform is to make it easier for you to do all your needs with just a few clicks. Although the CoinTracker tax form maker is fairly expensive compared to other services. But the fact is that this great service allows you to enjoy a popular tax accounting program.

Moreover, tracking performance that is accurate and aired in real time has increased your understanding of the portfolio. Data will be distributed on the dashboard to your face in a short time. This of course will transform important information for you to choose what type of investment is most profitable.

It's time for you to enjoy this great service. Two choices that might be a reference, choose to subscribe or enjoy a cheaper tracker. I need to say that this service will be very useful for every crypto trader.


For More Information

DISCLAIMER :

This is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their own financial adviser and/or conducting their own research and due diligence.

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Hmmm, interesting... I end use of cointracking instead... Similar name, is it the same?

The products you have used are also no less interesting. However, this is more different than you say.

Thanks for the info, I like free products of course, like the free crypto wallets, etc, so will check this out but won't be spending any money on it.

Hopefully this can provide information for you. This product offers a variety of choices to suit your needs.

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Haven't gotten into trading yet but still learning each day. I'll read more about the crypto tracker didn't know it there is such. Thanks for sharing.

If you need it, you can try this product. You can review yourself on their website page and see how this platform will work.

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