As the huge demand for cryptocurrencies continues to soar, more and more investors are diversifying their portfolios by venturing into the crypto market and making profits more to more. However, managing a crypto portfolio can be a very difficult task due to the volatile nature of the market and the complexity of tracking numerous digital assets. The transaction of cryptocurrency is also very complex with the new taxation policy of the Indian Government. Fortunately, there are several innovative crypto portfolio tracker tools available in the market. Today that simplifies the process of managing and analyzing your cryptocurrency investments. In this article, we will explore the top crypto portfolio tracker apps and crypto tax accounting software, which can streamline your investment journey and ensure compliance with tax regulations.
CoinStats is a comprehensive crypto portfolio tracker app that offers an array of features to manage and analyze your investments. It supports over 5,000 cryptocurrencies and provides real-time data on prices, market trends, and portfolio performance. CoinStats allows you to sync your wallets and exchanges, giving you a consolidated view of your entire portfolio. It also provides detailed charts and graphs for in-depth analysis and enables you to set price alerts for your preferred digital assets.
Blockfolio is another popular crypto portfolio tracker app that offers a user-friendly interface and a range of useful features. It allows you to track and manage your crypto investments across multiple exchanges and wallets. Blockfolio provides real-time price updates, customizable news feeds, and a portfolio overview that includes detailed performance metrics. Additionally, it offers advanced charting tools and price alerts to keep you informed about market movements.
Delta is a sleek and intuitive crypto portfolio tracker app that caters to both beginners and experienced investors. It supports a wide range of cryptocurrencies and integrates seamlessly with popular exchanges and wallets. Delta provides a clear overview of your portfolio’s performance, including profit/loss calculations and historical data. It also offers a feature called Delta Direct, which delivers news, updates, and insights from cryptocurrency projects directly to your app.
BINOCS is not only a portfolio tracker but also a comprehensive crypto data platform. It offers a range of tools and features for tracking and analyzing cryptocurrency investments. The platform provides real-time and historical market data, price indices, and comprehensive charts for technical analysis. BINOCS’s portfolio tracker enables you to monitor your investments across multiple exchanges, and it even offers a mobile app for on-the-go access to your portfolio and also it can calculate your tax with its crypto tax calculator.
Apart from portfolio management, it is crucial to stay compliant with tax regulations when dealing with cryptocurrencies. The following crypto tax accounting software can simplify the tax reporting process:
Coin Tracker is a popular crypto tax accounting software that automates the process of calculating your capital gains and losses. It integrates with various exchanges and wallets, allowing you to import your transaction history seamlessly. CoinTracker generates comprehensive tax reports, including IRS Form 8949 and Schedule D, making it easier to file your cryptocurrency taxes accurately.
Crypto Trader Tax is a user-friendly crypto tax software that simplifies tax reporting for cryptocurrency investors. It supports over 4,000 cryptocurrencies and connects with popular exchanges and wallets. The software can generate detailed tax reports, including capital gains, income, and donation summaries. CryptoTrader.The tax also offers various pricing plans, making it suitable for investors with different portfolio sizes.
Managing and analyzing a crypto portfolio can be challenging from time to time, given the dynamic nature of the cryptocurrency market. However, with the right crypto portfolio tracker app and crypto tax accounting software, you can streamline your investment management process and ensure compliance with tax regulations. CoinStats, Blockfolio, Delta, and CryptoCompare are some of the top portfolio tracker apps, offering real-time data, analysis tools, and seamless integration with exchanges and wallets. Additionally, CoinTracker and Crypto Trader Tax provide reliable tax accounting solutions, simplifying the tax reporting process for cryptocurrency investors. By utilizing these powerful tools, you can stay on top of your crypto investments and make informed decisions in this ever-evolving digital landscape.