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BearTax cryptocurrency portfolio tracker and tax app review

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Connect your exchanges via API or upload your transaction reports to automatically calculate gains and losses for each trade.

  • Great for having API integration or CSV/Excel upload options for 50+ exchanges
  • Not so great entry-level tiers – only offering up to 20 transactions

Check out our full list of pros and cons or read on.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Learn more about:

What is BearTax?

BearTax is a cryptocurrency portfolio tracker and tax tool. It tracks exchange deposits and trades to automatically calculate your gains and losses from cryptocurrency trades. This makes life much easier come tax time.

BearTax uses a smart matching algorithm to automatically tie together deposits and trades to calculate profits or losses. Where its algorithm cannot confidently do this, it will ask you to manually confirm.

The end result is that it does the hard work for you, but doesn’t action and process the same kinds of mistakes a fully automated system might.

To use it, you can either plug in your exchange API keys so it can automatically get your trading history or you can manually upload your trading records to BearTax as a CSV or Excel document.

How to use BearTax

Go to BearTax's website

How much does it cost to use BearTax?

The tiers for BearTax’s plans are primarily determined by the number of transactions you want to track. Plans are charged per tax year and in USD.

As of June 17, 2019, BearTax’s pricing structure is as follows:

PlanTransactions trackedAnnual cost
Dollar20US$0.99
Basic200US$29.99
Plus999US$59.99
UltimateUnlimited transactionsUS$199.99

Key features of the BearTax cryptocurrency tax calculator

There are several features to pay attention to when you’re looking for the best cryptocurrency portfolio tracker for your needs.

What does it track?

BearTax calculates your gains and losses from crypto trades over the course of a financial year. It does this by tracking crypto purchases, deposits and trades across multiple exchanges.

How do I sync it?

You can use your exchange API keys to automatically sync your trading data with BearTax. But if you don’t want to hand over your exchange API keys or are using an unsupported exchange, you can download a CSV or Excel document of your trading history from the exchange and then upload that to BearTax.

What exchanges does BearTax support?

Even if BearTax does not directly support an exchange, you can still manually upload CSV or Excel files of your trades made on that exchange.

With supported exchanges, you can track trades automatically. The cryptocurrency exchanges BearTax supports include:

In a nutshell

Pros

  • Flexible. You can use API integrations or manually upload trade data.
  • Wide exchange support. BearTax supports a wide range of exchanges through API and almost all via manual document uploads.
  • Smart. The BearTax smart matching algorithm errs on the side of caution by asking for manual confirmation if it’s unsure.

Cons

  • Limited by transactions. The tiers are based on transaction numbers, so people who frequently trade low volumes may not find it suitable.
  • Value may vary. Whether BearTax offers good value for your money depends on your situation.

Go to BearTax's website

Compare BearTax against other crypto portfolio tracker apps

Name Product Pricing tiers by transactions Number of integrated exchanges
CoinTracking Cryptocurrency Portfolio Tracking and Tax Reporting
CoinTracking Cryptocurrency Portfolio Tracking and Tax Reporting
  • Free⁠ — 200 trades
  • US$199~ ⁠— 3,500 trades
  • US$397~ ⁠— unlimited
55+
Track trades and generate real-time reports on profit and loss, the value of your coins and more.
Get 10% off upgrades to Pro or Unlimited accounts.
* 2 year and lifetime license plans also available.
BearTax Cryptocurrency Tracking and Tax Reporting
  • US$0.99 ⁠— 20 trades
  • US$29.99 ⁠— 200 trades
  • US$59.99 ⁠— 999 trades
  • US$199.99 ⁠— unlimited
25+
Track your trades across 25+ major exchanges to calculate your capital gains and file taxes.
CryptoTax Cryptocurrency Portfolio Tracker and Tax App
  • Free ⁠— up to 50 total transactions
  • US$199.99 ⁠— up to 10,000 transactions in the tax year
  • US$599.99 ⁠— unlimited
20+
Easily import data from 8k+ coins across 20+ exchanges and generate compliant tax reports.
CryptoTrader.Tax Cryptocurrency Tax Reporting
  • Per tax season:
  • $49 ⁠— up to 100 trades
  • $99 ⁠— up to 2,500 trades
  • $199 ⁠— up to 10,000 trades
  • $200 ⁠— 10,000+ trades
30+
Connect your exchanges, import trades and download your crypto tax report within minutes.
Promo code: CRYPTOTAX10

Compare up to 4 providers

Price disclaimer: Last verified June 17, 2019. Prices are subject to change and should be used as a general guide only.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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