Let’s face it, crypto tax reporting is a pain. You might have even stopped trading altogether now that you have to spend extra effort to keep your records up to do.
One popular way our members have been managing their tax is using CoinTracker which has supported an integration with CoinJar’s CSV statement upload since 2018.
This tax season, we have officially partnered with CoinTracker to implement direct connectivity to your CoinJar account. This means if you choose to link both accounts, your trading data from your CoinJar will be seamlessly processed. This integration is performed using OAuth and is a safe and secure method used by the world’s largest websites. This direct connectivity integration will become available in the next few weeks while the CSV import is available now.
If you look for opportunities across multiple exchanges, or only use CoinJar as your preferred method to get in and out of cash, CoinTracker has you covered. They have a large number of supported exchanges and the methodology they use is consistent with standards in each geography.
CoinTracker impressed us with their passion around the problem they’re solving. Being strong product-focussed technologists, they have great backers including the Y-Combinator startup program and a Reddit co-founder.
How do I get it?
CoinTracker is free for up to 25 transactions which should be sufficient for those HODLERS out there. For more active traders, CoinJar is able to provide a code.
If you’re an active crypto trader, CoinJar has partnered with CoinTracker to provide a $10 off. To take advantage of this offer please sign up using this link: https://www.cointracker.io/i/FzJnOxWT6dgx
If you have traded 10 BTC on CoinJar or successfully referred 10 friends using your referral link, you could have enough CoinJar Reward points to pay for 12 months of CoinTracker!
We will be publishing an in-depth tax guide in the coming weeks but we believe CoinTracker is a great way to save time and take the hassle out of doing your taxes.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more: www.coinjar.com/uk/risk-summary.
Cryptoassets traded on CoinJar UK Limited are largely unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits.
CoinJar’s digital currency exchange services are operated in Australia by CoinJar Australia Pty Ltd ACN 648 570 807, a registered digital currency exchange provider with AUSTRAC; and in the United Kingdom by CoinJar UK Limited (company number 8905988), registered by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767).