CoinTracker provides a platform that automatically syncs cryptocurrency transactions across over 500 exchanges and wallets, enabling users to generate accurate tax reports in minutes. It addresses the complexity of tracking crypto investments and tax obligations, ensuring compliance while saving users significant time during tax season.
Funding
$100M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Tracking cryptocurrency transactions across numerous exchanges and wallets is complex and time-consuming, making it difficult for users to accurately calculate their tax obligations. This complexity can lead to errors in tax reporting and potential compliance issues with tax authorities.
Solution
CoinTracker is a crypto tax and portfolio tracking platform that automates the process of syncing cryptocurrency transactions from over 500 exchanges and wallets. By aggregating transaction data, CoinTracker enables users to generate accurate tax reports in a fraction of the time compared to manual methods. The platform supports a wide range of cryptocurrencies, NFTs, DeFi protocols, and integrates with popular tax filing software like TurboTax and H&R Block. CoinTracker also provides portfolio tracking features, allowing users to monitor their crypto investments and optimize their holdings throughout the year.
Target Audience
CoinTracker's primary users are cryptocurrency investors and traders who need a comprehensive solution for tracking their portfolio and generating accurate tax reports.
Features
- Automatic synchronization of cryptocurrency transactions across 500+ exchanges and wallets
- Support for 10,000+ cryptocurrencies and 20,000+ DeFi smart contracts
- NFT tracking capabilities
- Automated DeFi detection for staking rewards, royalties, and other DeFi activities
- Integration with TurboTax and H&R Block for streamlined tax filing
- Portfolio tracking tools for monitoring crypto investments
- Real-time price data
- Secure platform with read-only access, end-to-end encryption, and token-based 2FA
- SOC 1 and SOC 2 compliance