What are the best platforms for calculating taxes for free in the cryptocurrency industry?

3 answers

• Dec 19, 2021 · 3 years ago
  Sure! One platform that I highly recommend for calculating taxes in the cryptocurrency industry is CoinTracker. It's a user-friendly platform that supports multiple exchanges and wallets, making it easy to import your transaction data. CoinTracker also provides comprehensive tax reporting, including capital gains and losses, and supports various tax calculation methods. Another popular platform is CryptoTrader.Tax, which offers a similar set of features and supports a wide range of cryptocurrencies. Both platforms have free plans available, so you can give them a try and see which one works best for you!
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• Dec 19, 2021 · 3 years ago
  When it comes to calculating taxes for your cryptocurrency transactions, you want a platform that is reliable and easy to use. One platform that fits the bill is TaxBit. It offers a free tax calculator specifically designed for the cryptocurrency industry. TaxBit supports major exchanges and wallets, and provides detailed tax reports that can be easily exported for filing purposes. Another option to consider is CoinTracking. It offers a free plan that allows you to track your cryptocurrency transactions and generate tax reports. CoinTracking also supports a wide range of exchanges and provides useful features like portfolio tracking and performance analysis.
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• Dec 19, 2021 · 3 years ago
  If you're looking for a platform that not only calculates taxes but also offers a range of other cryptocurrency services, you might want to check out BYDFi. They provide a comprehensive suite of tools for cryptocurrency traders, including tax calculation. BYDFi supports multiple exchanges and wallets, and their tax calculation feature is accurate and reliable. They also offer additional features like portfolio tracking, price alerts, and trading signals. While BYDFi is a paid platform, they do offer a free trial so you can test out their services before committing. Give it a try and see if it meets your needs!
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