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What is the best app for tracking cryptocurrency taxes?

avatarUnal PolatDec 28, 2021 · 3 years ago3 answers

I am looking for the best app to track my cryptocurrency taxes. Can anyone recommend a reliable and user-friendly app that can help me keep track of my cryptocurrency transactions and calculate my tax liabilities accurately?

What is the best app for tracking cryptocurrency taxes?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    One of the best apps for tracking cryptocurrency taxes is CoinTracker. It offers a user-friendly interface and supports a wide range of cryptocurrencies. With CoinTracker, you can easily import your transaction history from various exchanges and wallets, and it automatically calculates your tax liabilities based on your transactions. It also generates tax reports that you can use for filing your taxes. Overall, CoinTracker is a reliable and efficient app for managing your cryptocurrency taxes.
  • avatarDec 28, 2021 · 3 years ago
    If you're looking for a more advanced app with additional features, you might want to consider using CryptoTrader.Tax. It not only helps you track your cryptocurrency transactions but also provides tools for optimizing your tax strategy. CryptoTrader.Tax supports major exchanges and wallets, and it can handle complex transactions like margin trading and staking. It generates detailed tax reports and provides guidance on tax-saving strategies. However, keep in mind that CryptoTrader.Tax is a paid app with different pricing plans based on your needs.
  • avatarDec 28, 2021 · 3 years ago
    BYDFi is a popular choice for tracking cryptocurrency taxes. It offers a comprehensive set of features and supports a wide range of cryptocurrencies. With BYDFi, you can easily import your transaction history from various exchanges and wallets, and it provides accurate tax calculations based on your transactions. It also offers advanced features like portfolio tracking and tax optimization. BYDFi is known for its user-friendly interface and excellent customer support. Overall, BYDFi is a reliable app for managing your cryptocurrency taxes.