CoinTracking Review 2025: Pricing, Features & Alternatives

If you are a frequent crypto trader, our CoinTracking review might be worth reading for you. It can help you monitor all your cryptocurrency transactions in one place and also offers tax reporting features to ensure you stay compliant with regulations. Stay tuned as we explore the features, benefits, and potential drawbacks of CoinTracking in this detailed review.

Key Takeaways:

1. CoinTracking is a portfolio tracker and crypto tax reporting app that offers features like automatic transaction imports from exchanges and wallets, PnL analysis across your crypto holdings, and customizable tax reports compatible with various accounting standards.
2. It is free to use for up to 200 transactions, but you’ll need one of their paid plans starting from $12.99/month for automatic transaction importing through API, generating tax reports, and priority customer support.
3. CoinTracking is best suited for active crypto traders and investors who need to track a large volume of trades across multiple exchanges, utilize DeFi protocols, or manage NFT holdings along with their cryptocurrencies.

CoinTracking Overview: Quick Summary

What Is CoinTracking?

Founded in 2012 and headquartered in Munich, Germany, CoinTracking is a robust crypto portfolio tracker and tax reporting tool designed specifically for crypto investors. Since it began, it has over 1.6 million registered users. These users collectively manage portfolios worth a staggering USD 41.5 billion. 

A key strength of CoinTracking lies in its vast support for cryptocurrency exchanges, wallets, and blockchains. The platform allows you to import your transaction data from over 300 leading exchanges through secure API connections, CSV imports, or even direct blockchain address entry. You can easily monitor your crypto balances, profits, losses, and portfolio performance in live time.

Beyond portfolio tracking, it also has a crypto tax calculator. To make tax filing easier, the platform generates tax reports tailored to the laws of 100+ countries. CoinTracking also supports 13+ tax calculation methods, including FIFO, LIFO, AVCO, and others, to ensure accuracy and compliance.

For beginners, CoinTracking has a user-friendly interface, making even complex tax calculations approachable. Their extensive support resources, including guides, tutorials, and a responsive helpdesk, ensure you are never left in the dark. The platform is also secure with 2FA and industry-level API encryption.

Note: To help with tax complexities worldwide, CoinTracking also has a network of over 280 tax advisors and lawyers ready to assist you with international tax laws.

Pros

• Easily track portfolio across 300+ crypto exchanges like Binance, MEXC, and more
• You can watch over the chart history of over 30,074 coins and tokens
• Track your DeFi transactions and portfolio history from non-custodial wallets using your blockchain address
• Follows tax laws across 100+ countries and generates tax reports automatically by tracking portfolio
• Easy-to-use interface with mobile app for Android and iOS devices

Cons

• The free version has limited features only
• Little technical knowledge is required to manage APIs in “read-only” manner

CoinTracking Review: Core Features

Crypto Portfolio Tracker

CoinTracking offers you three different to import your trades for portfolio tracking:

1. API: You connect CoinTracking directly to the places where you buy and sell crypto (like exchanges), and it pulls the information automatically.
2. Manual Input: If you buy or sell crypto in a way that can’t connect with CoinTracking, you simply type the details of your transaction into the system yourself.
3. CSV/Excel Upload: If you have a list of your crypto trades saved in a spreadsheet, you can upload it directly into CoinTracking.

Once CoinTracking knows about your crypto activity, it organizes everything into helpful sections:

Trades

This gives you a big-picture view of how much you’ve been buying and selling crypto.

• Trade List: Just like it sounds, this is a full list of every single time you bought, sold, or moved your crypto.
• Trade Prices: See the exact prices at which you bought or sold your crypto.
• Trading Fees: Crypto exchanges usually charge a small fee when you trade. This section tracks all of those fees.
• Number of Trades: Know how many trades you’ve made – are you a frequent trader or someone who buys and holds for the long run?

Balance

This shows the total value of all your crypto holdings right now.

• Daily Balance: See how the value of your portfolio has changed over time, day by day.
• Balance by Exchange: If you use multiple exchanges, this shows how much crypto you have on each one.
• Balance by Currency: This shows you how much value you hold in each different coin or token (ex: how much Bitcoin vs. Ethereum you have).
• Coins by Exchange: See a list of every single coin you have and where you’re holding it (on which exchanges).
• NFT Center: If you own NFTs (digital art or collectibles), CoinTracking has a section to track those too.

Gains

• Realized & Unrealized Gains: Realized gains are profits you’ve made when you sell crypto for more than you bought it for. Unrealized gains are “paper profits” – the value of your crypto has gone up, but you haven’t sold yet.
• Tax-privileged Coins (Short & Long): Different countries have different tax rules for crypto. This section helps sort out which of your coins might have special tax treatment.
• Roll Forward / Audit Report: An in-depth look at your trades designed to help you (or your accountant) make sure everything is accurate.
• Trade Analysis: CoinTracking digs into your trades to show patterns and give you insights about your trading habits.
• Average Purchase Prices: See how much you paid (on average) for each of your coins – this is important for figuring out your gains.

Checks

CoinTracking compares your transactions to the numbers it gets from exchanges to make sure everything matches up.

• Missing Transactions: It alerts you if something seems like it’s missing from your transaction history.
• Duplicate Transactions: This helps you catch if you accidentally recorded the same trade twice.
• Validate Transactions: A tool that makes sure your transaction data is formatted correctly for accurate reporting.
• Transaction Flow Report: This shows you how your crypto has moved from wallet to wallet and exchange to exchange.

Full-Service Tax Reporting in the US

CoinTracking in the US has collaborated with Polygon Advisory Group LLC. It is a firm specializing in crypto taxation and blockchain accounting. When you opt for the “Full-Service’, you get access to a team of licensed CPAs and crypto tax professionals in the United States. 

These experts offer personalized support to ensure that your CoinTracking account is reviewed thoroughly and all your transactions from various exchanges, DeFi wallets, and blockchains are imported accurately.

One of the key benefits of this service is the handling of complicated cases. Like, if you’re dealing with margin trades, decentralized finance (DeFi) activities, non-fungible tokens (NFTs), or lending, the Full-Service team can resolve any issues related to transaction imports and reconciliations. 

They also validate all your data to make sure it’s complete and plausible, accounting for various scenarios like initial coin offerings (ICOs), exchange shutdowns, airdrops, gifts, and more.

API Integration

CoinTracking’s API Integration lets you automatically connect your cryptocurrency exchanges to your portfolio tracking account. APIs are like “bridges” between different software. This allows CoinTracking to fetch your trading history directly from the exchange.

Almost all major exchanges (like Binance, Bybit, Coinbase, etc.) let you create API keys. Most APIs will sync with your exchanges frequently, giving you a near real-time view of your portfolio’s performance.

CoinTracking has limits on how often you can use the API to get your data. Usually, you won’t need to fetch your data more than once an hour. Here’s how many times you can use the API depending on your CoinTracking plan:

• FREE users: You can’t use the API yet.
• PRO & EXPERT users: You can use the API up to 20 times per hour.
• UNLIMITED users: You can use the API up to 60 times per hour.

Pro Tip: For your safety, always give APIs only “read-only” permissions. This limits them to fetching data and not executing trades.

Cost Basis Methods

CoinTracking supports a variety of cost basis accounting methods, each offering a different approach to calculate your capital gains or losses for tax purposes. Here’s a breakdown of some common methods:

• FIFO (First In, First Out): FIFO assumes that the earliest bought cryptocurrency assets are the first ones sold. This is a straightforward method often used as the default in many accounting scenarios.
• LIFO (Last In, First Out): This method assumes you sell your most recently acquired cryptocurrency assets first. While this method can sometimes result in lower tax liability, the IRS currently limits LIFO for cryptocurrency tax calculations.
• HIFO (Highest In, First Out): HIFO prioritizes selling the cryptocurrency assets that you purchased at the highest price. This method is strategically used to minimize taxable gains, particularly in markets where prices experience declines.
• AVCO (Average Cost): It calculates the average purchase price of all of your cryptocurrency assets of a specific type. This average price becomes the cost basis used when you sell those assets.

Tax Software Integration

CoinTracking works with lots of popular tax software. This means you don’t have to type everything from CoinTracking into your tax program manually. Some popular tax software that works with CoinTracking are:

• TurboTax: A very popular tax software in the US. It is known for its user-friendly interface and step-by-step guidance, making it easy even for those new to filing taxes.
• TaxAct: A more affordable alternative to TurboTax. It offers similar features for tax filing, good for those who want a budget-friendly option.
• Drake: Professional-grade tax software used by tax preparers. Best for handling complicated tax situations for businesses and individuals.
• WISO: Tax software specifically designed for the German tax system. It provides guidance and calculations tailored to German tax laws.

Export IRS Form 8949

CoinTracking takes your transaction data and automatically populates Form 8949, saving you the hassle of manual input. You have control over how transactions are listed. Choose between grouping them by coin for a consolidated view or see each transaction individually for a more detailed breakdown. The exported tax forms also integrate seamlessly with popular tax platforms like TurboTax and TaxACT.

CoinTracking Pricing: How Much Does it Cost?

CoinTracking offers several different pricing plans to fit your needs, plus a free version with basic features. If you make frequent trades or have a complex crypto history, you likely need a paid plan with a higher transaction limit.

• Free: Ideal for getting started or users with smaller portfolios. The free plan allows you to track up to 200 transactions (like buying, selling, or transferring your crypto). In the free version, you need to manually import your transaction history.
• Pro ($12.99 per month): It offers more powerful features for active traders. You can track up to 3,500 transactions, API access, access advanced tax reports, and use additional analysis tools.
• Expert ($19.99 per month): Great for heavy traders and those needing more advanced tracking. With the Expert plan, you can track up to 20,000 transactions, get personal trade backups, and take advantage of priority support. You can also increase the number of transactions, and the price will increase accordingly.
• Unlimited ($69.99 per month): As the name suggests, there are no limits to the number of transactions you can track with this top-tier plan.

It also offers ‘Lifetime’ plans. For the Pro plan, you need to make a one-time payment of $499. For the Expert plan, it will cost $1,099, and for the Unlimited plan, it will cost $6,699.

CoinTracking also offers a special “Corporate Plan” designed for businesses that work with cryptocurrency. This plan is perfect for companies like accounting firms, tax specialists, investment groups, and trading companies that need to manage cryptocurrency portfolios for multiple clients or employees.

The Corporate plan gives you a central account where you can manage everything for your clients or team. It starts with three full-featured accounts, and you can add as many more as you need. You can put your own company logo on each account, quickly switch between them, and easily back up or restore important data for everyone.

Also, you have full control over permissions, so you can decide who can access and edit different accounts. Additionally, you can add other administrators to help you manage everything.

Payment Methods

CoinTracking offers many payment methods for you to buy its subscription. Here are some of the popular methods:

• Bitcoin
• PayPal
• SEPA
• Bank transfer
• NowPayments
• Visa and Mastercard
• American Express
• Local credit and debit cards
• Crypto.com

You can also pay with a wide variety of popular altcoins like ETH, USDT, and over 50 more. This means you can use coins besides Bitcoin to pay for your subscription. If you decide to pay with Bitcoin, you’ll get a nice 5% discount on your plan. That’s a little extra bonus for using BTC. 

CoinTracking Platform Support (Exchanges and Wallets)

CoinTracking provides direct connections to over 300 popular cryptocurrency exchanges. This includes giants like Binance, Coinbase, and Kraken, as well as numerous smaller, niche platforms. The ability to automatically import your trade data using API keys is a huge time-saver.

Here are some of the popular supported exchanges:

• Binance
• Bybit
• Coinbase
• Kraken
• KuCoin
• MEXC
• OKX
• Huobi Global (HTX)
• Crypto.com
• Nexo
• Gate.io
• Phemex

If it doesn’t support your crypto exchange, there are several alternative methods exist for importing your transaction data. One common approach involves using CSV (Comma-Separated Values) files or Excel spreadsheets. Most exchanges provide functionality to export your complete trading history into these formats. You can just download these files and upload them into CoinTracking. That’s it!

The platform also supports a wide array of software and hardware wallets. Popular software wallets like Exodus, Electrum, Mycelium, and BitBox Wallet can be tracked. 

You can also import from industry-leading hardware wallets like Ledger and Trezor. This allows you to track your entire crypto portfolio, regardless of whether the assets are actively being traded or HODL for the long term.

Furthermore, CoinTracking goes deeper by offering direct blockchain imports for numerous major cryptocurrencies. Blockchains like Bitcoin, Ethereum, Polkadot, BNB smart chain, Avalanche, Cardano, Solana, and many more are supported. 

If you have transactions on these blockchains that aren’t reflected in a connected exchange or wallet, CoinTracking can pull that data for complete tracking.

CoinTracking Security Review

Here are some of the CoinTracking security measures:

• Strong Encryption: All the important information you put into CoinTracking, like your trade history, is encrypted. Encryption is like scrambling the data so that no one but you (and CoinTracking with your permission) can read it.
• Secure Data Storage: CoinTracking’s servers (the computers that store all the data) are located in the European Union. This means your data is protected by the strict European data protection laws (called the GDPR).
• Official Certification: CoinTracking is ISO/IEC 27001:2017 certified. Think of this like a super-important badge of approval for data security. It means they follow really strict rules and have been checked by experts to make sure they keep user information safe.
• Website Security: When you use CoinTracking’s website, everything you do is protected by SSL certification. It’s a way to make sure your connection is private and no one is secretly watching what you’re doing.
• Read-Only Access: To get your trade information from exchanges, CoinTracking only wants “read-only” API key permission. 
• No Phone Support: This might seem strange, but it’s actually a security measure. If someone pretending to be from “CoinTracking support” calls you, it’s definitely a scam. CoinTracking doesn’t provide phone support to prevent this kind of fraud.

Mobile App

One of the best things about CoinTracking is its handy mobile app. The CoinTracking app is available for both Android and iOS devices. You can check how your crypto investments are doing when you’re out of home. It has a clean layout showing your balances, profits and losses, and even charts so you can quickly understand the trends.

But the mobile app isn’t just about viewing your portfolio. It tracks more than 4,000 crypto asset prices and you can set up custom alerts to get notified when a specific cryptocurrency hits a certain price. For a better experience, you can also switch between day and night mode. 

Customer Service

When you’re dealing with crypto, having someone you can ask for help is important. CoinTracking has a few ways to get support. You can check out their super detailed FAQ (frequently asked questions) section on their website. It’s full of answers to the most common problems. 

If you’re stuck with something more complex, you can send a support ticket. They also have a “Live Chat” option directly on the website for immediate questions.

One thing to keep in mind is that their customer support team can be a little slow to respond, especially if you’re on the free plan. But overall, they’re helpful and try their best to solve your problems.

Regarding the CoinTracking customer reviews, the app has received decent ratings. It holds a score of 4.7/5 on the App Store and 4.5/5 on the Google Play Store. However, its Trustpilot trust score is average, standing at 2.7/5.

CoinTracking Alternatives

CoinTracker and Koinly are two of the best alternatives to CoinTracking. Here is a brief comparison:

All CoinTracking, CoinTracker, and Koinly allow you to track your crypto holdings and automatically generate tax data to help you with tax filing. 

However, CoinTracking is a good option if you’re looking for a basic way to track your crypto and get simple tax reports. CoinTracker is a better choice for those who trade a lot using DeFi (Decentralized Finance) because it has all the features designed to track transactions like mining, staking, airdrops, and interest rates on crypto loans. Koinly is more recommended for budget-friendly users as its free version allows importing 10,000 transactions. 

CoinTracking’s cheapest plan starts at $12.99 each month, while Koinly’s most affordable plan is $49 per year. They both offer free plans, but CoinTracking’s only lets you track up to 200 transactions. Koinly’s free plan allows you to track 10,000 transactions, but it will only give you a tax summary, not a full report. CoinTracker plans start at $59/month.

For detailed insights, you can also check out our full CoinTracker vs Koinly comparison.

How to Setup and Use CoinTracking App (Tutorial)?

Step 1: Creating a CoinTracking Account

To start, visit CoinTracking’s website. Find the “Sign Up” button in the top right corner and click it. You’ll need to enter a desired username and your email address. Create a strong password. Now, click on “Sign Up Now”.

Now, CoinTracking will prompt you to select your fiat currency, language, and time zone. Confirm your selections and click on “Add or import your transaction data”. You will receive an email to confirm your registration. Check out your inbox and confirm the email.

Step 2: Import Your Trades and Data

CoinTracking offers three ways to import your transaction history: automatic import via API, manual entry, and CSV upload.

Let’s first discuss automatic import via API. To connect your exchange accounts for automatic import, click on “Enter Coins” in the navigation bar. Select the exchange you want to connect (e.g., Binance, KuCoin, Coinbase) and follow the on-screen instructions to grant CoinTracking API access to your exchange account.

If you don’t want to connect your exchanges, you can manually add your transactions. Click on “Enter Coins” in the navigation bar followed by the “Manual Entry” button. Now, click on “New”.

You’ll need to select the “Type” of the transaction (Buy, Sell, Send, Receive, etc.) and choose the “Date” of the transaction.  Enter the “Coin” involved in the transaction and fill in the “Amount” of cryptocurrency bought, sold, sent, or received. 

You can enter the “Price” per unit of cryptocurrency at the time of the transaction, but this is optional. If applicable, select the “Fee” amount and currency and choose the “Exchange” or “Wallet” involved in the transaction. Finally, click on “Add Transaction”.

CoinTracking provides another convenient way to add your transaction history through a CSV file. If you have transaction data from an exchange, you can typically export it as a CSV file. Make sure the CSV file follows CoinTracking’s required format such as an Excel file.

Now, again click on “Enter Coins” in the CoinTracking navigation bar. Hover over to exchange names and click on the “CSV” button instead of the “API” button. Look for the “Choose File” button and upload it. CoinTracking will attempt to map the columns in your CSV file to the required fields. Double-check the mappings to ensure everything is correct. Finally, click the “Start Import” button to complete the process.

In addition to connecting exchanges and uploading CSV files, CoinTracking allows you to directly track crypto transactions using public blockchain addresses. This is useful if you store your cryptocurrency in non-custodial wallets.

Go to Enter Coins > Blockchain > Solana (for example)

Choose the network whose blockchain address you want to track (e.g., Bitcoin, Solana, Ethereum, etc.). Carefully paste your public blockchain address into the designated field. Click “Import all SOL transactions and activate job”.

Step 3: Generate Tax Report

Click on “Tax Report” in the menu bar and go to the “Create new Tax Reports” section. Select your country and choose the relevant tax year for which you want to generate the report.

Configure report settings, such as your accounting method (FIFO, LIFO, etc.), desired report format, and any specific filters you want to apply. CoinTracking will generate a preview of your report. Carefully review all the information to ensure its accuracy. You may have the ability to edit or adjust certain figures if discrepancies are found.

Once you’re satisfied with the tax liabilities, you can export it in various file formats (like PDF, CSV, or a format compatible with tax software).

Conclusion

To sum up the CoinTracking review, it seems like a helpful tool for cryptocurrency investors with portfolio tracking and accurate tax reporting. It can track your trades and figure out your profits and losses. This is especially important during tax time. The platform has a lot of features like exchange integration, wallet import, CSV upload, and advanced charts. So, it’s good for both beginners and experienced traders.

There are some things to keep in mind, though. The free version has limits on how many trades you can track. If you trade a lot, you may need to pay for a higher plan. Also, the platform can be a bit overwhelming at first for new users, with so many options.

FAQs

Is CoinTracking safe?

Yes, CoinTracking is a safe crypto tax reporting platform. It prioritizes user security by employing data encryption and offering two-factor authentication (2FA). Your funds remain secure because CoinTracking doesn’t directly access your exchanges or wallets. Instead, it uses API keys to import transaction data without withdrawal or trading capabilities.

Who owns CoinTracking?

CoinTracking is owned by Dario Kachel, who is the founder and CEO of the company. The platform was launched in 2012 and has since become a popular tool for cryptocurrency investors and traders.

How does CoinTracking work?

CoinTracking works by aggregating data from your crypto trades and transactions to provide a comprehensive view of your portfolio. It works with over 30,074 crypto assets and over 300 exchanges and wallets. The platform offers a range of reporting options, such as capital gains reports and tax reports, which are essential for tax compliance. You can either manually add transactions or use the automatic import feature via APIs or CSV files from exchanges and wallets. You can use this data to generate tax reports.

Is CoinTracking free to use?

Yes, CoinTracking offers a free plan that includes basic features. This plan allows tracking of up to 200 transactions, which can be manually entered or imported via CSV files. The free plan also includes access to personal exports in formats like CSV, XLS, PDF, and HTML, as well as two personal trade backups.

For users with more extensive needs, CoinTracking provides paid plans starting at $12.99/month that offer additional features, such as automatic exchange imports via APIs, more transactions, and advanced reporting options.

Is CoinTracking available in the US?

Yes, CoinTracking is available in the US. They even have resources specifically geared towards US crypto taxes, including guides and full-service options with US-based CPAs.