Welcome to our comprehensive FAQ about Cointracking, the popular cryptocurrency portfolio tracker and tax reporting tool. This guide answers the most common questions about its features, pricing, security, and more, helping you decide if it's right for your crypto needs in 2026.

What is Cointracking?

Cointracking is a leading cryptocurrency portfolio tracking and tax reporting platform that allows users to monitor their investments across multiple exchanges and wallets in real time. It aggregates transaction data from over 200 exchanges and 2,000+ coins, providing a unified dashboard for profit/loss tracking and tax calculation.

The platform is designed for both casual traders and professional investors, offering features like automated transaction imports, cost-basis calculation methods (FIFO, LIFO, etc.), and tax reports compliant with regulations in many countries, including the US, UK, and EU.

How does Cointracking work?

Cointracking works by automatically syncing your cryptocurrency transactions from various sources, such as exchanges, wallets, and blockchain addresses, using APIs or CSV uploads. Once data is imported, it processes each transaction to calculate your portfolio value, realized gains/losses, and tax liabilities.

Key steps include: 1) Connect your exchanges or upload CSV files, 2) Cointracking categorizes transactions (buys, sells, trades, fees, etc.), 3) It applies your chosen cost-basis method to compute capital gains, and 4) It generates tax reports (like IRS Form 8949 for US taxpayers) that you can hand to your accountant.

Is Cointracking free?

Cointracking offers a free plan with limited features, including up to 200 transactions and basic portfolio tracking. However, to unlock advanced features like tax reports, automatic import, and unlimited transactions, you must subscribe to a paid plan.

Paid plans include:

  • Pro (€14.99/month) – up to 3,500 transactions, tax reports
  • Advanced (€49.99/month) – up to 50,000 transactions, multi-user support
  • Expert (€99.99/month) – unlimited transactions, API access
Prices are subject to change, so check the official website for current pricing.

How to import transactions into Cointracking?

To import transactions into Cointracking, you can either connect your exchange accounts via API or manually upload CSV files from your exchanges. The platform supports automated API imports for major exchanges like Binance, Coinbase, and Kraken, which sync transactions in real time.

For CSV uploads, go to the 'Import' section, select your exchange, and upload the file. Cointracking will parse the data and match it with existing records. Ensure your CSV follows the required format (date, type, amount, etc.) for accurate import. For manual entries, you can add trades directly from the dashboard.

Is Cointracking safe and secure?

Yes, Cointracking is considered safe and secure, as it uses read-only API keys for exchange connections, meaning it cannot withdraw your funds. The platform employs bank-level 256-bit SSL encryption to protect data in transit and stores sensitive information (like API keys) encrypted at rest.

Additionally, Cointracking supports two-factor authentication (2FA) for user accounts, adding an extra layer of security. The company is based in Germany and complies with strict EU data protection regulations (GDPR). However, as with any online service, users should use strong passwords and enable 2FA.

What are the pros and cons of Cointracking?

Cointracking has many advantages, such as comprehensive exchange support, detailed tax reports, and a user-friendly interface. It also offers a free plan for small portfolios, making it accessible to beginners.

On the downside, the free plan is limited to 200 transactions, which may be insufficient for active traders. The pricing for advanced features is relatively high compared to some compe*****s. Additionally, the platform can be overwhelming for beginners due to its many features, and customer support response times have been reported as slow in some cases.

Pros:

  • Supports 200+ exchanges
  • Automated tax reports
  • Multiple cost-basis methods
  • Mobile app for on-the-go tracking
Cons:
  • Free tier has low transaction limit
  • Paid plans can be expensive
  • Steeper learning curve
  • No built-in DeFi support for all protocols

How does Cointracking compare to other crypto tax software?

Cointracking is often compared to other crypto tax tools like CoinTracking vs Koinly, CoinTracker, and Crypto.com Tax. While each has similar core features, they differ in pricing, supported exchanges, and ease of use.

Koinly is generally cheaper and more user-friendly for beginners, with a simpler UI and automatic tag detection. CoinTracker is popular for its integration with major wallets and exchanges, but its free plan is more limited. Cointracking stands out for its in-depth analytics and extensive import options, making it a favorite among professional traders. However, its interface can be less intuitive, and the pricing is higher for advanced plans.

Does Cointracking support DeFi and NFTs?

Yes, Cointracking has added support for DeFi and NFT transactions, allowing users to track their decentralized finance activities and non-fungible token trades. The platform can import data from Ethereum, BSC, and other blockchains, and it recognizes common DeFi protocols like Uniswap, PancakeSwap, and Aave.

For NFTs, Cointracking can handle purchases, sales, and transfers, calculating capital gains based on the cost basis. However, DeFi and NFT support may require manual adjustments or CSV imports for some complex transactions, as API integration with every protocol is not yet perfect.

Can Cointracking help with tax filing?

Absolutely, Cointracking is specifically designed to simplify crypto tax filing. It generates comprehensive tax reports that comply with the tax laws of many countries, including the US, UK, Germany, Australia, and Canada.

You can export reports in various formats, such as CSV, PDF, or directly send them to your accountant. For US taxpayers, Cointracking provides IRS Form 8949 and Schedule D summaries, while UK users can get HMRC-compliant reports. The platform also tracks unrealized gains, income from staking, and mining rewards, ensuring that all taxable events are accounted for.

Final Thoughts

Cointracking is a powerful and versatile tool for managing your cryptocurrency portfolio and calculating taxes. It offers a robust feature set, including support for hundreds of exchanges, multiple cost-basis methods, and comprehensive reporting. While it may have a learning curve and a premium price for advanced features, it remains a top choice for serious traders and investors.

Before subscribing, consider your transaction volume and specific needs. If you're just starting with a small portfolio, the free plan might suffice. For active traders, investing in a paid plan can save time and ensure accurate tax compliance. Always keep security in mind by enabling 2FA and using read-only API keys.

We hope this FAQ has answered your questions about Cointracking. For the latest updates and pricing, visit the official Cointracking website.