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CoinTracker review 2023
Choose between 4 plans with this crypto tax software to become tax compliant in Ireland.
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.
Verdict
CoinTracker operates like an automated crypto tax calculator, saving you the hassle of having to work out if you owe any tax to Revenue or not. There are 4 plans to suit those just starting out as well as more experienced crypto traders. There’s also a CoinTracker app allowing you to keep track of your portfolio on the go. You can track your crypto portfolio and automatically sync your wallets to CoinTracker and see your taxable income separated out by interest, mining, airdrops, payments and more. But you’ll need one of the paid accounts to do this.
While some 300+ exchanges and wallets are supported, there are some that aren’t supported by CoinTracker so you’ll need to check that the ones you use are supported before diving in.
If you’d like to give it a go but are still unsure, you’ll get a 30-day money-back guarantee with each of CoinTracker’s paid plans.
Pros and cons
- Choose from 4 plans including a free option. There’s also support for accountants and businesses.
- CoinTracker mobile app (available to Apple and Android users) allows you to track your crypto portfolio on the go.
- CoinTracker doesn’t support every exchange and wallet out there.
How does CoinTracker work?
CoinTracker can help crypto traders be compliant with the crypto tax rules in Ireland. It can sync with the exchanges and wallets you use and automatically track your transactions. From this information, CoinTracker can generate tax reports so you can understand the gains or losses you’ve made and any subsequent tax you may owe.
You’ll be able to choose from 4 plans, which correlate to the number of crypto trades you make across a financial year.
What are the main features of CoinTracker?
The core features of CoinTracker include:
- Supports 10,000 cryptocurrencies and tracks the prices, charts and market caps
- Automatically sync with 300+ exchanges and wallets
- Mobile app available for both Android and Apple users
- Calculate your capital gains tax
How much does CoinTracker cost?
CoinTracker has 4 plans to suit the number of transactions you make:
CoinTracker has custom prices per tax year, per currency and per the number of transactions. We’ve listed each transaction limit against the price in euros below:
| Number of transactions | Price in euros |
|---|---|
| 25 | €0 |
| 100 | €59 |
| 200 | €89 |
| 1,000 | €179 |
| 3,000 | €279 |
| 10,000 | €369 |
| 30,000 | €459 |
| 100,000 | €929 |
| 250,000 | €1,399 |
| 500,000 | €1,859 |
| 1 million | €2,319 |
*Note: Costs provided are priced per tax year and based on the published prices from 21 November 2022.
Does CoinTracker support Irish tax?
You can use CoinTracker to sync your exchanges and wallets, and to generate tax reports, which you will then be able to use to submit your own tax report to Revenue. However, the support offered varies depending on your country of residence.
While CoinTracker offers full support in the US, UK, Canada and Australia, there is partial support for Ireland and other countries.
Is CoinTracker safe?
CoinTracker ensures all your data is safe through a number of measures. Its website is encrypted, supports 2-factor authentication and all API keys are encrypted and securely stored.
CoinTracker has no access to your crypto wallet private keys. You can also delete your data at any time.
Take a look at CoinTracker
Customer reviews
CoinTracker scores 3.2 out of 5 based on 210 reviews and is rated Average on Trustpilot.
| User ratings | # of reviews | What do customers say? |
|---|---|---|
| 3.2 / 5 | 210 |
|
*Note: Information provided is based on the reviews and rating on Trustpilot (21 November 2022).
CoinTracker customer support
How you contact CoinTracker will depend on the plan you choose including the following:
- Forum support
- Priority support
- Concierge support
How to sign up for CoinTracker
- To get started with CoinTracker, visit the website and click “Try it free.”
- Add your email address and your country of residence.
- Next, start adding your exchanges and wallets so you can sync the crypto transactions you use and that’s it. You can now start using CoinTracker. To add an extra layer of security, you can add 2-factor authentication via the settings section.
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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