What is the best free cost basis calculator for tracking cryptocurrency investments?

3 answers

• rebeccanngrantqsDec 09, 2024 · a year ago
  Sure, I can recommend a few options for you. One popular cost basis calculator for tracking cryptocurrency investments is CoinTracking. It offers a free version with basic features, including portfolio tracking, profit/loss calculations, and tax reports. Another option is Koinly, which also has a free plan that allows you to import your transactions and generate tax reports. If you're looking for a more advanced tool, you can consider using TokenTax. It offers a free trial and provides comprehensive tax calculations and reporting for cryptocurrency investors. Remember to always double-check the accuracy of the calculations and consult with a tax professional if needed.
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• Lola GripponSep 17, 2024 · a year ago
  Finding the best free cost basis calculator for tracking cryptocurrency investments can be a challenge, but I've got you covered! One option you can try is CoinTracker. It's a user-friendly platform that allows you to import your transactions from various exchanges and wallets. It provides real-time portfolio tracking, tax calculations, and even supports multiple currencies. Another popular choice is CryptoTrader.Tax. It offers a free plan that includes basic features like transaction importing and tax reporting. Give these tools a try and see which one suits your needs best!
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• IgriegaMar 08, 2023 · 3 years ago
  As an expert in the cryptocurrency industry, I would recommend using BYDFi's cost basis calculator. It's a powerful tool that not only helps you track your cryptocurrency investments but also provides advanced features like real-time market data, customizable reports, and tax optimization strategies. With BYDFi, you can easily import your transactions from various exchanges and wallets, and it will automatically calculate your cost basis and gains/losses. It's a comprehensive solution for cryptocurrency investors, and the best part is, it's completely free to use!
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