Crypto Trades Tracking Made Easy (TAX NIGHTMARE SOLVED)

in #altcoin7 years ago

My #1 advise to new crypto traders! Track your trades and portfolio!

I use the Crypto compare portfolio feature to track basic trades and gains (for free) but the process is manual entry.
https://www.cryptocompare.com/portfolio/

But I also bought access to a web app called Coin Tracking and it was worth it!
It can even help you with tax prep!
I have tried a hand full of apps that do something similar but this one really works the best. you can actually import your trades via a CSV file that most exchanges can export of all your deposits, trades, and withdraws. you can connect an API key that many exchanges use as well to auto track and back date/document every trade you have ever done and it can consolidate it for you for the primary feature of helping you prepare for taxes, it calculates all the short term gains!
the biggest downside is it was somewhat expensive. about $230 with the discount i got buti also had made 600+ trades and it would have been a nightmare to sort without the software. you can generate all sorts of reports with it as well for record keeping.

https://cointracking.info/

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