Hello beautiful people of Internet land, I hope you're having a great day. The advent of blockchain technology has brought us a lot of innovations. As everyday passes, we're blessed with new and improved ways of managing our resources; in this case, the resource is cryptocurrency that are typically stored in secured wallets.
About Cointracker
This platform, setup by Jon Lerner and Chandan Lodha is a cryptocurency management software that helps manage your taxes depending on the volume of your activities.
The number of cryptocurrencies available keeps increasing and they all have immense value to the holder. There is therefore need to have a regulatory or management portal where you can rest assured that your tokens are being directed to the right place and your interest is being catered for. Cointracker was created for that purpose in particular.
According to the Main page
Cointracker automatically syncs your data across Bitcoin, Ethereum, and 2,500+ coins from your wallets and exchange accounts such as Coinbase and Binance etc.
This platform is designed to seamlessly connect all your wallets across thousands of tokens into one unified wallet and help you manage your taxes as well. It works well for anyone in any part of the world and as well as covers thousands of tokens, it also displays token values in any fiat you use in your locality.
The Features
To access the platform, you visit cointracker.io and create an account following this simple process
source
Select "Get Started" and you can easily login using your google, coinbase account or signup using a different email address.
Note: The platform protects your information and has no access to your keys nor does it use the provided information for any other purpose.
When I logged in, I noticed it displayed my dashboard details using the local currency in my country. Indicating that it gets some information from google(because I logged in using my google)
screenshot from getting started
After logging in, you will have access to your dashboard. It automatically selects the default currency, I assume it is from my google. This information is only known by me and it displays it this way to simplify the experience for me.
Cryptocurency and Bitcoin Tax Guide
The Guide explains the way Bitcoin and other coins are taxed in countries like the United States of America, United Kingdom, Canada and Australia. These are countries where cryptocurrency adoption are at an advanced level and they are treated as assets.
Note: if you are in any of these countries or your country isn't mentioned but you pay some form of tax for your crypto assets then it is important you purchase a management plan for your tokens.
Wallet Synchronisation
One really cool feature about this program is that you can easily sync your wallets from different platforms. Platforms like Bittrex, Binance, Cryptopia, Coinbase etc and many others can easily be imported to your cointracker profile
Data Analysis
The information gathered from this platform can then be easily analysed and stored in CSv formaat. You can analyse new and pre-existing data on the platform.
The Packages
screenshot
There are different packages that depend on the number of transactions you undertake with your synchronised wallets. You can also get a customised plan for yourself, if you feel like none of the template plans suit your activities.
The Mobile App
The mobile app gives you the freedom to get this information on the go. It is available on Android and Ios platforms.
So there's a simple way to manage your funds and keep tabs on your cryptocurrency activites. You can easily signup here
For more information
Main Website
The Guide
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.