We all love crypto, DeFi, and NFTs, 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 (only a few exceptions). How much tax you must pay may vary a lot from country to country, but almost every tax authority requires people 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 well 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 (PDF or CSV file) that contains your entire transaction history from the first day you ever bought or traded 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 500+ exchanges, blockchains, and apps
support for more than 7000+ cryptocurrencies
gain insight into your portfolio and performance for free
see your total gain/loss (including margin/futures trading)
support for more than 65+ countries
download an international tax report (PDF format)
download country-specific PDF reports (Australia, UK, Canada +++)
download country-specific tax forms (eg. Form 8949 for the USA)