CoinTracking To Help Users Who Want To Track Their Earnings

As part of the commemoration for its anniversary, CoinTracking has recently revealed how it has noticed that the trading behavior of the users on the platform gets more intensive when token prices are up. The analysis made by the company has indicated that the people who are more successful generally hold from seven to twelve different tokens.

According to the report, since the company was founded in 2013, it has started to look at the market and realize that many exchanges simply make it too difficult for the investors to analyze their own trades because they do not have the support to do it.

This is very harmful to tax authorities because, if the users are not really sure on their gains and losses in the crypto market, they will certainly struggle when they have to create tax reports on their earnings. It could not be very different as they simply do not have access to the information so they can do it.

CoinTracking Has Features For Many Types Of Users

The company supports a total of eight different methods for the people who want to calculate their taxes using the platform and, according to them, these standards can be used to provide information that you can give to almost all the governments in the world when you need to pay your taxes. This way, users save money and time.

CoinTracking is very interested in being a company that can be used for all types of traders. The idea is to provide casual traders to expert ones. Because of this, the company has a three-tier subscription plan with a free plan that allows 200 transactions and the Pro plan, in which you can track up to 3,500 ones.

Finally, there is also the Unlimited plan for really hardcore users that offers the best services in the platform. The service can be purchased with Bitcoin or fiat currency and you can pay for one or two years of even for lifetime use if you want to.

At the moment, CoinTracking supports more than 6,000 cryptos and it offers analysis and trends for all these tokens as well as nine years of historical data for the people who want to make really well-informed decisions. This includes charts and all sorts of data.

Even people who use other exchanges and wallets can simply import the data to the company and they will be able to use it and analyze their own data.

About CoinTracking

This company was founded in 2012 by Dario Kachel. He was an IT professional that liked crypto trading and was finding difficult to keep track of all his trades, so he started the company. Ever since this, the company is getting bigger together with the cryptocurrency market.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Bitfinex Offers $400M Reward For Info on 120k BTC Stolen in 2016; Hackers Can Collect Too

On August 2, 2016, Bitfinex experienced one of the biggest crypto heists of all time, as hackers exploited the system, running off with approximately...

Crypto Trading Platform, 2gether, Unable To Refund $1.4M Hack; Offers Its Native Tokens

Spanish cryptocurrency trading app, 2gether announced on Sunday the platform faced a hack on July 31 on its investment coffers losing €1.183 million ($1.4...

Venture Fund to Invest Majority of $100 Million Raised Fund in DeFi Protocols

San Francisco-based venture fund Electric Capital has raised $100 million from university endowments and other non-profits and it will be using this to invest...

Filecoin to Begins its Incentivized Testnet This Week Ahead of Project Launch Next Month

Crypto project Filecoin which proposes to create a peer-to-peer storage system, will begin its incentivized testnet this week. This testnet will allow users to...

Ethereum 2.0 Final Testnet, Medalla, Rolls Out; Is A 2020 Launch Now In Sight?

The Ethereum 2.0 Phase 0 Medalla public testnet finally went live on August 4, 2020 at around 1AM GMT giving hope of a possible...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today