I tried it before and found https://cointracking.info/ much more useful in nearly all comparisons. Better tax info and preperation, better syncing, more supported sync targets, faster updates, more tracked coins, and better stats pages. And this is all on the free version of coointracking. If you pay the yearly fee, the auto syncing and auto-wallet sync is a huge standout.
(co-founder of CoinTracker here). CoinTracking is indeed a great tool. That said we have also made a lot of progress over the last several weeks and now support unlimited free tracking with auto-syncing (no yearly fee!). We'd love for you to take another look at https://www.cointracker.io and see how we can improve further.
You still don't support Bitcoin Cash local wallets, and you still don't support any kind of local wallet that is more than a single address. Come on guys, it's been months, this is basic stuff.
I used CoinTracker this year to help me figure out how to report cryptocurrency on my taxes, and felt like it was a total ripoff. $50 for a two line csv file? Give me a break.
They have a product that integrates with many exchanges and makes it easy to produce those 2 lines of csv. I tracked it myself and it took me a few hours. Just logged into CoinTracker and it took me about 10 minutes to do the same amount of work. It is worth $50 to me!
That said, it isn't perfect. I marked several transactions as transfers but it didn't change my cap gains numbers. I added it up manually and the numbers don't seem to add up. Then I checked back later and looks like those numbers are updated later. But why? And by how much time?
Sorry that wasn't super clear to begin with — we have added a banner when cost basis is still updating now so that you can see when the updates are done.
> Be civil. Don't say things you wouldn't say face-to-face. Don't be snarky. Comments should get more civil and substantive, not less, as a topic gets more divisive.
I checked this out but fell at the first hurdle. CoinTracker connects to your Coinbase account and auto-imports. CoinTracking requires you to go through an export/import cycle whenever you make more trades. Yikes.
EDIT: Wrote this on my phone where I confused Cointracker with Cointracking
I had something like 50k+ transactions last year. Cointracking wouldn’t create a 8949 for me because their servers couldn’t handle a dataset that large, but they could create a capital gains CSV file that was super easy for my acccountant to sum up a few columns and make the 8949. That said, their very high transaction count plans are $1000+, which seems insane. Through a bug they had interfacing with HitBtc I was able to get the CSV for free, but next year I doubt I’ll use this service at that high price.
