FAQs for Cointracker Accuracy

What is cointracker and how does it work?

CoinTracker enables you to automatically sync all of your cryptocurrency activity across all your wallets and exchanges into one place so that you can securely and accurately calculate your capital gains & losses. Without CoinTracker, your capital gains & losses various exchanges will not be easily accessible in one centralized place.

How many exchanges does cointracker support?

We support for 300+ exchanges & 10,000+ cryptocurrencies. CoinTracker automatically optimizes cost basis accounting methods and enables you to tax-loss harvest your portfolio to save thousands per year. Additional visibility into tax lots helps you make better trades. CoinTracker helps you become fully compliant with cryptocurrency tax rules.

How long does it take to sync cointracker?

Syncing times depend on your account size, but most users can add their exchanges and wallets and have their crypto tax calculations in hand within 10 minutes. I use TurboTax CD version - will CoinTracker work with that? Due to user demand, we recently re-added the option to download .txf files.

How does cointracker calculate capital gains?

CoinTracker will automatically calculate your capital gains based on the transactions uploaded, so it’s important to upload your complete transaction history. Even a small transaction from a few years ago can have an impact on your current taxes. Go here to add your wallet or exchange.

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