With Coin Tracker, you will have a simple way to manage your entire portfolio of crypto currencies, in addition to any tax liabilities that you might incur as a result of your investments. In the past, each entry had to be manually entered, recorded, and then analyzed to really get an accurate picture of your entire crypto portfolio. However, this one simple application downloaded to your computer or mobile device will now take care of the hard work for you.
USE THE AUTO-SYNC FEATURE
Wouldn’t it be great if you could have access to all of the transactions in your crypto currency investment portfolio from the moment that they occurred? You do not want to have to go back and manually enter everything, and no longer do you have to thanks to upgraded technology. With Coin Tracker, all of your transactions and trades will automatically synced so that you will never have to manually enter the information. The program is designed to integrate seamlessly with CoinBase. If you have an account with them, you can just use the same log in information to gain access almost instantly. If you do not have a CoinBase account, do not worry. The program also syncs with more than a dozen other crypto currency platforms including Binance, Bitstamp, Liqui, and more.
HANDLE YOUR TAXES WITH EASE
The tax man is always there waiting, even when it comes to new crypto currency. Because of the complexity involved, it can often be difficult to get a handle on this. However, Coin Tracker makes even the most complex of tax situations seem easy. The program will automatically calculate the cost basis of your investment portfolio, and any corresponding capital gains that you might have. You will be able to download a free copy of your transaction history for free right from the program itself. If you need to go ahead an fill out IRS Form 8949, you can do that as well as a paid option. Once again, all of this is seamless and easy.
Investing does not have to be a difficult and time consuming process. Technology has made it possible for applications such as Coin Tracker to take the manual labor out of the task. Let your money go to work for you and then just log on to see the results. That is what you will get with this revolutionary new program.