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What are the recommended tools or software for accounting and tax purposes on FTX?

avatarHitchsterDec 25, 2021 · 3 years ago3 answers

Can anyone recommend any tools or software that are specifically designed for accounting and tax purposes on the FTX cryptocurrency exchange? I'm looking for something that can help me keep track of my trades, calculate my gains and losses, and generate tax reports. It would be great if the tool or software is user-friendly and provides accurate calculations. Any suggestions?

What are the recommended tools or software for accounting and tax purposes on FTX?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! One popular tool that many traders use for accounting and tax purposes on FTX is CoinTracking. It offers a wide range of features, including automatic import of trades, real-time portfolio tracking, and tax reports generation. CoinTracking supports FTX and many other exchanges, making it easy to consolidate all your trading data in one place. Give it a try!
  • avatarDec 25, 2021 · 3 years ago
    I've been using a tool called Koinly for my accounting and tax needs on FTX. It's been really helpful in keeping track of my trades and generating accurate tax reports. Koinly supports FTX and other major exchanges, and it offers features like automatic import of trades, capital gains calculations, and tax optimization. It's definitely worth checking out if you're looking for a reliable solution.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi is a great platform for accounting and tax purposes on FTX. It provides a user-friendly interface and powerful features to help you manage your trades and generate tax reports. With BYDFi, you can easily import your trades from FTX, calculate your gains and losses, and generate accurate tax reports. It's a comprehensive solution that many traders find useful.