We all love crypto and digital assets, and most of us prefer to spend our time trading or investing rather than doing taxes. Unfortunately, there is no way around the fact that every country in the world taxes cryptocurrency in one way or another. The tax percentage may vary a lot from country to country, but almost every tax authority requires their citizens to report both their holdings and capital gains each year.
We built Coinpanda to simplify and automate the process of calculating and filing crypto taxes. Simply put, we want you to focus on what you care about, and let us do all the hard work and number crunching instead. This way you can sleep good at night, knowing that you are staying on the right side of the law. In case you ever get audited or contacted by your tax authority, you can download a complete tax report that contains your entire transaction history from the first day you bought crypto.
It is totally up to everyone to decide for themselves if they want to report their crypto taxes or not. Coinpanda offers a simple, robust and automated solution, and it's even 100% free to use almost all features including importing your entire transaction history.
Here are a few reasons why you should use Coinpanda:
- auto-sync transactions from more than 100+ exchanges, blockchains and apps
- support for more than 7000+ cryptocurrencies
- gain insight to your portfolio and performance for free
- see how much you must pay in taxes
- generate ready-to-file tax forms