How to Use CoinTracker.io to Track Your Bitcoin & Cryptocurrency Exchange Trades for Tax Purposes

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  • Опубликовано: 23 фев 2021
  • 💲 Try Cointracker for your Cryptocurrency tax calculations 💲
    💲 Get a 10% Discount when you use my link!! 💲 www.cointracker.io/a/cryptodad
    Intro: 0:20
    The Cointracker Dashboard: 1:00
    Cryptocurrency Exchange APIs Explained: 1:18
    Link Coinbase Exchange to Cointracker: 2:07
    Link Coinbase Pro Exchange to Cointracker: 3:29
    Link Binance Exchange to Cointracker: 5:24
    Link Binance US Exchange to Cointracker: 7:08
    Link Bittrex Exchange to Cointracker: 8:42
    Link Kraken Exchange to Cointracker: 10:00
    Link Poloniex & Gemini Exchange to Cointracker: 11:56
    (I don’t have either of these exchanges, the method is similar to the others)
    Syncing Your Exchanges to CoinTracker: 12:34
    Cointracker Tax Form Generation Explained: 13:00
    GET STARTED WITH COINTRACKER
    How to Use CoinTracker With Coinbase to File Your Cryptocurrency Taxes:
    • How to Use CoinTracker...
    How to Link Your Bitcoin & Ethereum Wallets to Cointracker.io to do Your Crypto Taxes
    • How to Link Your Bitco...
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Комментарии • 214

  • @suebenbow6860
    @suebenbow6860 3 года назад +7

    I love the way you explain things. So easy to follow your instructions

    • @5daycrypto240
      @5daycrypto240 3 года назад

      Thanks for your feedback. For more
      guidance
      W... h... t... S... a... p... p
      +1...2...0...1...4...1...6...3...5...7...0..

  • @accounting987
    @accounting987 2 года назад +3

    Thank You, I am very new to crypto trading and was looking for a means of tracking my trades. Your video is fantastic. Very informative, and was very easy to follow. Thanks

  • @crisvkn2797
    @crisvkn2797 3 года назад +2

    Humble and always with such great content. Thanks Crypto Dad!!!

    • @rexkneisley1502
      @rexkneisley1502 3 года назад

      Do well to correspond for guidance
      1..(.3..2..3.)4...5...1...1...6...9...7
      W. H. A. T. A. P. P......

  • @mecaupholsterytips
    @mecaupholsterytips 3 года назад +4

    Thank for sharing this great info.. question is this software ( coin tracker) support Anchor USD .. ??? I have cointracking and doesn't have it or maybe i don't know how to use ti

    • @tovarco
      @tovarco 2 года назад

      Yes...can we only use wallets/exchanges listed on their drop down?

  • @kevinstanley5339
    @kevinstanley5339 3 года назад

    Good job...I like your straightforward approach...you have a new subscriber in me

  • @k27cameron96
    @k27cameron96 3 года назад +1

    Great video, subscribed :)

  • @bunsovic291
    @bunsovic291 3 года назад

    Thank you. keep up the good work👍

  • @freeman7832
    @freeman7832 2 года назад

    Hi Rex. When we should pay crypto tax ? Or should we wait for irs letter ✉ or email. Thx .

  • @pumpillusion4948
    @pumpillusion4948 2 года назад

    I feel like I need to pay you,your the best place to find help when needing info on how to navigate the crypto world.

  • @iiwJZONGfth
    @iiwJZONGfth 2 года назад

    This is the tutorial i am looking for! Very informative, Thank you sir! 🙏🏻
    I just have one question, i’m from the US and i used Kucoin and regular Binance to make few little trades by using vpn. Am i required or can get away with it cos they’re non KYC..or shuld include them too for tax purposes?

  • @OmniEverything
    @OmniEverything 3 года назад

    Hello, a couple of the exchanges show a balance and all but do not show 2020 transactions, how long did it take to show everything?

  • @KyeDawson06
    @KyeDawson06 2 года назад

    Can you add a Phantom wallet to? Thanks for sharing! Any concern with uploading an exchange on there that is not allowed to be used in the US?

  • @jasonborne4931
    @jasonborne4931 3 года назад

    Thanks bro you are a God send very helpful very easy to share!!!

    • @5daycrypto240
      @5daycrypto240 3 года назад

      Thanks for your feedback. For more
      guidance
      W... h... t... S... a... p... p
      +1...2...0...1...4...1...6...3...5...7...0..

  • @richardsurgener7204
    @richardsurgener7204 2 года назад

    How do I add other exchanges? Not sure it makes sense to upgrade my account if I can't utilize or import all exchanges.

  • @halbudy
    @halbudy 3 года назад

    Hi Rex, Me and wife bought some coin and we send together in same ledger , some of them it’s a same coin that we bought in Coinbase with different accounts. I and we don’t know how to breakdown , Help please , should we generate CoinTracker both ? And since we bought it , we haven’t sold it yet. Thank you.

  • @Augusto-io4hi
    @Augusto-io4hi 2 года назад

    hello, is there a way to connect metamask, but the binance blockchain one? it only sees my ethereum one

  • @sleepwalkingawake
    @sleepwalkingawake 2 года назад

    I'm nervous about giving xpub from my ledger nano x to coin tracker is it safe?

  • @bheck6461
    @bheck6461 2 года назад

    Hi crypto dad.. I just want to know if it's true that cointracker ask the user an activation fee of 845 USD before authorizing the money to send to bitcoin wallet of the user?

  • @teslamr7333
    @teslamr7333 2 года назад

    Do you know how I would go about downloading a file of my trades from TradeStation?

  • @ObiWanSatoshi
    @ObiWanSatoshi 3 года назад

    Thank you, sir.

  • @Fun_Dealer
    @Fun_Dealer 2 года назад

    Do you need to buy a package before doing this?

  • @cristianreatiga5644
    @cristianreatiga5644 2 года назад

    If I did file import instead of api sync is it the same?

  • @douglasgrosch228
    @douglasgrosch228 3 года назад

    thankyou for great crypto service for all world ..much appretiated greatly

    • @rexkneisley1502
      @rexkneisley1502 3 года назад

      You’re welcome. Do well to correspond
      1..(.3..2..3.)4...5...1...1...6...9...7
      W. H. A. T. A. P. P......

  • @dom2484
    @dom2484 2 года назад

    Thank you!!!👍

  • @jesseherman1272
    @jesseherman1272 3 года назад +6

    I actually wish Crypto Dad was my Dad! 🤣 another great video!

    • @cidoclins
      @cidoclins 3 года назад +1

      @Age Ge for u to be spam various reply means u got nothing good to provide bit scam

    • @mrjon75
      @mrjon75 2 года назад

      Me too. I'd make him do this annoying BS for me.
      God I hate crypto sometimes.

  • @nickynickster
    @nickynickster Год назад

    Can you please explain the net proceeds and net deposits? It's very confusing

  • @Vigorf
    @Vigorf 3 года назад

    thx for the video very informative

    • @rexkneisley1502
      @rexkneisley1502 3 года назад

      You’re welcome. Do well to correspond
      1..(.3..2..3.)4...5...1...1...6...9...7
      W. H. A. T. A. P. P......

  • @sudhikonsagar2541
    @sudhikonsagar2541 2 года назад

    Hi friends, any idea on how to add public trading portal ??

  • @EricReyes-xl7lc
    @EricReyes-xl7lc Год назад

    Is there any way you can do a video on how put bitcoin segwit address starting with bc1 from a Trezor into cointracker? I have tried everything possible and nothing is working. All my Legacy addresses work just fine. I can't put any of my BTC segwit address into cointracker. Any help would be greatly appreciated.

  • @montedogfish2626
    @montedogfish2626 3 года назад +1

    Does this work with BitMart too

  • @TheLeptar
    @TheLeptar 2 года назад

    how do you handle kucoin margin trade history and sub account history?

  • @100Jim
    @100Jim 2 года назад

    Nice. So good

  • @nadinejordan3297
    @nadinejordan3297 2 года назад +1

    Thank you for this. Can you do a new video showcasing software that helps us retrieve our data for taxes? Tax season is almost here.

  • @jbdTigerShark
    @jbdTigerShark Год назад

    Hello cryptodad how to transfer or profit from cointracker?

  • @JasonClements
    @JasonClements 3 года назад

    RE: Pancake Swap Staking and Farming - How likely is it for someone to be able to stay on top of the opps that yield the 200% and 300% and more - by daily management - and be able to make incredible gains for many weeks or months?

  • @spartona035
    @spartona035 Год назад

    Thanks crypto dad

  • @janardandas7781
    @janardandas7781 2 года назад +1

    How to withdraw my funds or transfer to binance wallet?

  • @frivera7049
    @frivera7049 2 года назад

    I decided to give it a try. But some API are not compatible. And CVS files have to to be edited in order to work.

  • @stevejoshua9536
    @stevejoshua9536 3 года назад

    So how does CoinTracker auto-generate Tax Form 8949, and can CoinTracker auto-generate a 1099 form?

  • @jesusgarcia021
    @jesusgarcia021 2 года назад

    What if I don’t have a computer. Can all that be done on my phone? Been trying and it’s been a pain in the ass

  • @Fernanda-cc9th
    @Fernanda-cc9th Год назад +1

    how to transfer my assets from cointracker to my binance wallet? Please help me

  • @robertcruz6993
    @robertcruz6993 2 года назад

    It’s possible that you can make a video on how to edit transaction like cost and basic and adding a transfer for tax purposes thanks your are the best.

  • @gambler7770
    @gambler7770 2 года назад

    Hi I’ve got a big worry Bitrue only keeps the last 90 days of history what can I do ? I bought and sold during 2021 as a new crypto buyer and I’m wondering what’s the best way to handle this.

  • @timaaaahhhh
    @timaaaahhhh 2 года назад

    Binance US doesn't work with Cointracker. You can add the API, but it's not going to sync correctly. Even their CSV export isn't compatible with Cointracker.

  • @lazarusrize
    @lazarusrize 2 года назад

    I'm preparing my 2020 taxes (as well as form 8949), and I'm having two issues (1) AUD is showing as a gain, even when Contracking says that FIAT will be ignored when calculating taxes. (2) All USDC entries have this warning: "There is no suitable purchase to this sale. Assuming purchase on the same day as sale for $0 USD." Regarding USDC, I'm at a loss, but I don't think if I bought and sold $100 USDC that my gain is $100. If anyone can help on either of these two issues, I'd great appreciate it. The USDC issues in question are Coinbase entries. Also, all of my .api entries are current, so I'm really not sure how to deal with this. Thanks! :-)

  • @cryptofuturebd
    @cryptofuturebd Год назад

    How to transfer money from coin tracker to Binance?

  • @slightly2stoopid
    @slightly2stoopid 2 года назад

    Coinbase and Coinbase pro is supposed to be free but it is wanting me to pay for a package even though I have under 500 transactions. Why

  • @nikos9148
    @nikos9148 3 года назад +2

    I am fro Canada. My exchange is not on the list. How do I add my exchange?

    • @rexkneisley1502
      @rexkneisley1502 3 года назад

      Do well to correspond for guidance
      1..(.3..2..3.)4...5...1...1...6...9...7
      W. H. A. T. A. P. P......

  • @jameschan2171
    @jameschan2171 Год назад

    how do you add trust wallet transaction?

  • @tourwithmohitdargar8010
    @tourwithmohitdargar8010 2 года назад

    Please guide me how can I convert the bitcoin into cash from coinbase

  • @tanyajantjies3221
    @tanyajantjies3221 2 года назад

    How do we withdraw money

  • @ramonbs6075
    @ramonbs6075 3 года назад

    Coin tracker or Blockfolio?

  • @Rochak_shrestha
    @Rochak_shrestha 2 года назад

    It doesn’t report margin trades..?

  • @syednumanmohiuddin8744
    @syednumanmohiuddin8744 Год назад +1

    How to take withdrawal from coin tracker to binance please tell me kindly

  • @miabolte6575
    @miabolte6575 2 года назад

    Will this work for my Sbot trades? Sometimes I've got 100 trades a day. Thank you for what you've offered here.

    • @user-nz5zc1qm8l
      @user-nz5zc1qm8l 2 года назад +1

      The above name up he’s the best expert in recovery and investment he got mine back he’s recommended

  • @JoshTobaquero
    @JoshTobaquero 2 года назад

    Are you sure that it's safe to link your exchange account to coin tracker?

  • @axotarra
    @axotarra 3 года назад

    So even if you don’t take out any money from your crypto and it stays in crypto where you’re not spending it do you need to claim that as unrealized gains? Is it necessary to do crypto taxes if you’re not making any money and you’re just making trades and everything seems to be pretty equivocal?

    • @rexkneisley1502
      @rexkneisley1502 3 года назад +1

      Do well to correspond for guidance
      1..(.3..2..3.)4...5...1...1...6...9...7
      W. H. A. T. A. P. P......

    • @curcumin417
      @curcumin417 2 года назад

      I believe any time you sell or exchange crypto it is considered a taxable event, which they say must be reported in your yearly taxes using form 8949. If you lose money in a trade, you can use that to your tax advantage through tax-loss harvesting, so it works both ways. But please confirm all info with other people as well.

  • @moxtr
    @moxtr 2 года назад +2

    It doesn't work so easily. The APIs are very limited. you have to do manual entries with many of the exchanges particularly for past years. It would be wonderful if it worked like that.

  • @arcticcockatiel3783
    @arcticcockatiel3783 3 года назад +2

    You're awesome man, I wish you where my dad

    • @rexkneisley1502
      @rexkneisley1502 3 года назад

      Do well to correspond for guidance
      1..(.3..2..3.)4...5...1...1...6...9...7
      W. H. A. T. A. P. P......

  • @jdo2574
    @jdo2574 3 года назад

    API connection seems overly complicated compared to cryptotraderdottax ? BTW how much $ is the service you are suggesting?

    • @rexkneisley1502
      @rexkneisley1502 3 года назад

      Do well to correspond
      1..(.3..2..3.)4...5...1...1...6...9...7
      W. H. A. T. A. P. P......

  • @frankpiazza2437
    @frankpiazza2437 2 года назад +1

    Hi Rex, I'm in New York and binance won't allow me access to my account I use to have. How can I connect that to coin tracker?
    Also what happens if a trading exchange I used went out of business?

    • @xyz4484604
      @xyz4484604 2 года назад +1

      Create a VPN at express VPN. It’s cheap. Tell the VPN you want your location to be Germany. Binance will then let you login since they have banned access from US IP addresses. Then you can get your binance API for your taxes. You are welcome.

    • @patrice8949
      @patrice8949 2 года назад

      DM me on whatsapp

    • @patrice8949
      @patrice8949 2 года назад

      +1

    • @patrice8949
      @patrice8949 2 года назад

      802

    • @patrice8949
      @patrice8949 2 года назад

      232

  • @1325cmith
    @1325cmith 2 года назад

    the only one I need is kucoin..... and you didn't do kucoin..... and of course im confused LOLOLOLO When im in the "set IP Restriction" it then asks me to input something that I have no clue what its asking me for.....By the way.....your literally the best RUclips guy in the known universe.....the way you talk is 100% perfect

    • @CryptoDad
      @CryptoDad  2 года назад +2

      You can add KuCoin to cointracker.io and you should turn off the IP restriction. I have mine connected and it works fine

    • @1325cmith
      @1325cmith 2 года назад

      @@CryptoDad OMG.....you actually replied.... your the man👍.....under the restriction part I click YES because it's recommended.....but when I click YES it's asking me for something that I have no idea what it means.......so I ended up clicking No and it seems to be working fine......but can I end up being compromised in the future? 🤔

  • @topcoffeebar
    @topcoffeebar 3 года назад +1

    how much do we pay for unlimited transactions tracker option?

    • @rexkneisley1502
      @rexkneisley1502 3 года назад

      Do well to correspond for guidance
      1..(.3..2..3.)4...5...1...1...6...9...7
      W. H. A. T. A. P. P......

  • @robertg2290
    @robertg2290 3 года назад

    Dad question Question as I know the API Binance didn’t give you everything ?! tthat’s true how we have to deal with that?????

    • @5daycrypto240
      @5daycrypto240 3 года назад

      Thanks for your feedback. For more
      guidance
      W... h... t... S... a... p... p
      +1...2...0...1...4...1...6...3...5...7...0...

  • @omarcardenas7785
    @omarcardenas7785 3 года назад

    Does this works for robbinhood?

  • @bruceleroy6433
    @bruceleroy6433 2 года назад

    can you do another video for atomic wallet

  • @TurningUs
    @TurningUs 3 года назад

    Does it work with trades inside the Safepal hardware wallet?

    • @5daycrypto240
      @5daycrypto240 3 года назад

      Thanks for your feedback. For more
      guidance
      W... h... t... S... a... p... p
      +1...2...0...1...4...1...6...3...5...7...0...

    • @TurningUs
      @TurningUs 3 года назад

      @@5daycrypto240 this is not Rex, but is some guy trying to teach about trading. Didn't stay in the conversation long enough to know for sure. Seems like Rex got hacked.

  • @SF_Curious
    @SF_Curious Год назад

    Can they make all this “authenticator” more complicated and confusing?

  • @cordelynjosol7291
    @cordelynjosol7291 Год назад

    Hello! Can you help me to withdraw my cointracker wallet🙏

    • @smithjoe7990
      @smithjoe7990 Год назад

      When it comes to professionalism, speed and accuracy in all kind of hacking and recovery service they're the best #cyber___smith5

  • @TurningUs
    @TurningUs 3 года назад

    Don't do trades inside the SafePal wallet, have been working on it for 3 weeks and haven't found how to get trade history from it. My software wallets were easy. NOT safepal!

  • @stereotwo69
    @stereotwo69 2 года назад

    Is there a API for paypal?

    • @user-nz5zc1qm8l
      @user-nz5zc1qm8l 2 года назад +1

      The above name up he’s the best expert in recovery and investment he got mine back he’s recommended

  • @xrpxtrariceplease2811
    @xrpxtrariceplease2811 3 года назад

    i followed your steps for binance but when I enter the 2 factor for email and the phone they wouldn’t give me the API . What do i need to do now ?

  • @WellnessandTruthMinistry
    @WellnessandTruthMinistry 3 года назад

    what about EXODUS wallets and crypto.com wallet

    • @5daycrypto240
      @5daycrypto240 3 года назад

      Thanks for your feedback. For more
      guidance
      W... h... t... S... a... p... p
      +1...2...0...1...4...1...6...3...5...7...0...

  • @josehagad2424
    @josehagad2424 2 года назад +1

    Does cointracker accept deposit of currency or funds?

  • @hiteshthakur2934
    @hiteshthakur2934 7 месяцев назад

    Anyone tell me how to transfer my money Bank and wallet address

  • @rezzadianabatiagao1053
    @rezzadianabatiagao1053 2 года назад

    How to upgrade my cointracker? To upgrade my wallet i have my net deposit and net proceed but my wallet is zero

  • @LuisMendez-up5te
    @LuisMendez-up5te 2 года назад

    3:33 Coinbase Pro

  • @hannahmaemaraganas1283
    @hannahmaemaraganas1283 2 года назад

    How to transfer money to bank account sir?

  • @kalidsherefuddin
    @kalidsherefuddin 3 года назад +1

    Ok

  • @Fast_Eddie_
    @Fast_Eddie_ 3 года назад

    Anyone here recommend coin tracker over Koinly?

    • @rexkneisley1502
      @rexkneisley1502 3 года назад

      Do well to correspond
      1..(.3..2..3.)4...5...1...1...6...9...7
      W. H. A. T. A. P. P......

  • @rizafabe9955
    @rizafabe9955 2 года назад

    How to withdraw from cointracker to bavk?

  • @sherwinpacot1452
    @sherwinpacot1452 2 года назад +1

    how to cashout cointracker

  • @mrjon75
    @mrjon75 2 года назад

    "And then the main API key is right here..."
    Shows nothing but a blur and moves on quickly. Typical crypto stuff.

  • @syouki4966
    @syouki4966 2 года назад +1

    Scam company. It tells to pay or deposit only

  • @DCUPtoejuice
    @DCUPtoejuice 2 года назад

    seems like you are losing a lot of privacy and really trusting cointracker with a lot.

  • @javeria7643
    @javeria7643 Год назад

    Is trackerzst is real or scam

  • @Michaelandrew-n1w
    @Michaelandrew-n1w Год назад +1

    I was able to pull out my stuck USDT out from this mining scam, with the benefit of #Coderslash22. he’s the only white hat I can recommend for this project