CoinTracker Company Overview and News
What is CoinTracker?
CoinTracker is a cryptocurrency portfolio tracking and tax compliance platform. It helps users track their crypto holdings across multiple exchanges and wallets, as well as calculate their crypto taxes accurately. CoinTracker is one of the leading crypto tax software providers, with over 1.8 million users worldwide.
Key features of CoinTracker:
- Portfolio tracking: CoinTracker automatically tracks your cryptocurrency startup holdings across multiple exchanges and wallets, and provides real-time updates on your portfolio value.
- Tax compliance: CoinTracker calculates your crypto taxes accurately, taking into account all of your transactions, including trades, airdrops, and staking rewards.
- Cost basis optimization: CoinTracker automatically optimizes your cost basis accounting methods to help you minimize your tax liability.
- Tax-loss harvesting: CoinTracker helps you identify opportunities to tax-loss harvest your portfolio, which can save you thousands of dollars in taxes.
Benefits of using CoinTracker:
- Save time and money: CoinTracker automates your crypto tax reporting, so you can save time and money on tax preparation.
- Stay compliant: CoinTracker ensures that you are compliant with all crypto tax regulations.
- Make better trades: CoinTracker provides you with insights into your crypto portfolio, so you can make better trading decisions.
CoinTracker offers a free plan with limited features, as well as blockchain company paid plans starting at $29.99 per month. The paid plans offer additional features such as tax-loss harvesting, unlimited transactions, and support for more exchanges and wallets.
CoinTracker partners with H&R Block to streamline crypto tax filing process
In March 2023, CoinTracker announced a partnership with H&R Block, one of the largest tax preparation firms in the world. The partnership allows H&R Block clients to easily import their CoinTracker data into their tax returns.
CoinTracker announces multichain expansion of its crypto tax solution with support of Arbitrum, Optimism, and Cosmos
In February 2023, CoinTracker announced that it was expanding its crypto tax solution to support Arbitrum, Optimism, and Cosmos, three popular Layer 2 scaling solutions. This expansion allows CoinTracker users to track and tax their crypto business ideas holdings on these platforms.
Introducing CoinTracker Connect: The collaboration hub streamlining engagement between tax professionals and taxpayers
In February 2023, CoinTracker launched CoinTracker Connect, a collaboration hub that streamlines engagement between tax professionals and taxpayers. CoinTracker Connect allows tax professionals to request access to their clients’ CoinTracker data and help them with their crypto tax reporting.
CoinTracker partners with By The Book Accountancy to deliver educational tax filing resources ahead of UK tax season
In January 2023, CoinTracker announced a partnership with By The Book Accountancy, a UK-based accounting firm. The partnership aims to provide UK crypto investors with educational resources on crypto tax filing.
CoinTracker bolsters marketing team; appoints Renaud Besnard As Head of Marketing
In November 2022, CoinTracker announced the appointment of Renaud Besnard as its new Head of Marketing. Besnard has over 15 years of experience in marketing and growth, and he will be responsible for leading CoinTracker’s marketing efforts to reach new users and grow its business.
CoinTracker launches services in India to help crypto investors with tax compliance
In May 2022, CoinTracker launched its services in India. The launch comes at a time when crypto adoption in India is growing rapidly. CoinTracker will help Indian list of crypto startups investors to track and tax their crypto holdings in compliance with Indian tax regulations.
CoinTracker partners with Phantom for Solana tax support
In April 2022, CoinTracker announced a partnership with Phantom, a popular Solana wallet. The partnership allows Phantom users to easily import their transaction data into CoinTracker for tax reporting purposes.
Serena Ventures raises $111M first fund
In March 2022, Serena Ventures, a venture capital firm founded by tennis star Serena Williams, announced that it had raised $111 million in its first fund. CoinTracker was one of the portfolio companies in the fund.
CoinTracker raises $100M in Series A funding; at $1.3 billion valuation
In January 2022, CoinTracker announced that it had raised $100 million in Series A funding at a valuation of $1.3 billion. The round was led by Accel, with participation from General Catalyst, Initialized Capital, and other top investors.
Crypto investors have 1099 problems, but CoinTracker helps make sure filing taxes isn’t one
In January 2022, TechCrunch published an article about CoinTracker, highlighting the importance of crypto tax compliance and how Coin
CoinTracker’s Role in the Crypto Industry
CoinTracker is a valuable tool for both crypto investors and the crypto industry as a whole. It helps investors to stay compliant with tax regulations and to make better trading decisions. It also helps the crypto industry to grow and mature by providing reliable data and insights into the crypto market.
CoinTracker for Crypto Investors
CoinTracker is a must-have tool for any crypto investor who wants to stay compliant with tax regulations. It automates the crypto tax reporting process, so investors can save time and money on tax preparation. CoinTracker also provides investors with insights into their new crypto companies portfolio, so they can make better trading decisions.
CoinTracker for the Crypto Industry
CoinTracker plays an important role in the growth and maturation of the crypto industry. It provides reliable data and insights into the crypto market, which helps to legitimize the industry and attract new investors. CoinTracker also helps to educate investors about crypto tax compliance, which is essential for the long-term success of the industry.
CoinTracker is well-positioned for continued growth in the coming years. The crypto market is still in its early stages of development, and there is a growing need for tools and services that can help investors to manage their crypto holdings and stay compliant with tax regulations. CoinTracker is one of the leading providers of these tools and services, and it is well-funded to continue to innovate and grow.
CoinTracker is a leading crypto portfolio tracking and tax compliance platform. It helps users track their crypto holdings across multiple exchanges and wallets, as well as calculate their crypto taxes accurately. CoinTracker is a valuable tool for both crypto investors and the crypto industry as a whole. It helps investors to stay compliant with tax regulations and to make better trading decisions, and it helps the crypto industry to grow and mature by providing reliable data and insights into the crypto market.