chanfest22

CoinTracker | Engineer #1 | San Francisco, CA | Full-time | ONSITE

CoinTracker is a portfolio & tax manager for cryptocurrency. We are on a mission to make cryptocurrency more accessible.

Some Facts About CoinTracker:

  * Tracking over $200M in crypto assets across 30,000 connected exchange accounts
  * Ramen-profitable
  * Funded by YC, Initialized Capital (Coinbase’s first seed investor), Juan Benet (Filecoin), and other great angels
  * https://techcrunch.com/2018/04/10/cointracker-raises-1-5m

Job Description: https://www.cointracker.io/about#job_software_engineer

Yes

Working on it and would like to add this soon!

Could you share an example to feedback@cointracker.io?

Coming soon!

Sorry that wasn't super clear to begin with — we have added a banner when cost basis is still updating now so that you can see when the updates are done.

(co-founder of CoinTracker here). CoinTracking is indeed a great tool. That said we have also made a lot of progress over the last several weeks and now support unlimited free tracking with auto-syncing (no yearly fee!). We'd love for you to take another look at https://www.cointracker.io and see how we can improve further.

CoinTracker | https://www.cointracker.io | San Francisco | On-site | Full-time

Description: Portfolio & tax manager for cryptocurrency

Roles: Full Stack Developer & Product Designer

Come help us build tools to make crypto more accessible for everyone. We aren't ICO'ing, but we do have a live product and revenue. We are YC-backed.

See more details here: https://www.cointracker.io/about

Oooof! Consider checking out tools like www.cointracker.io that help do this for you automatically!

+1

There are also tools like www.cointracker.io out there to simplify the complexity of these crypto taxation rules

This is super cool. Love your unique take on making crypto useful right now and focusing on fun & community (rather than ICO hype).

You'll want to complete form 4684: https://www.irs.gov/pub/irs-pdf/f4684.pdf and speak with a tax professional. See more about which forms to fill out here: https://www.cointracker.io/faq#tax-forms

They'll start doing this more and more. Just be careful though because the moment you have a single transaction outside of Coinbase, their reports will be incorrect. You may want to consider checking out cross-platform tools like https://www.cointracker.io which help you keep track of all your cost basis across exchanges and wallets automatically.

The IRS won't, but tools like https://www.cointracker.io can

This looks AWESOME! Can't wait to run around the house like Iron Man.

Awesome — will let the team know :)

You can use the transaction history CSV generated to report your taxes yourself (just requires manual effort on your part). The Form 8949 is the actual IRS Form for Capital Gains and Losses, and CoinTracker actually completes the form based on your preferred accounting method based on your transaction history. Feel free to ping feedback@cointracker.io for more info.

Ooof — for folks looking for a solution to their crypto tax problems, check out a service like https://www.cointracker.io (full disclosure: I'm working on this product)

Sorry about that! Drop us a line at feedback@cointracker.io and we'll figure out what we did wrong here.

Thanks! Lots of variance. Some are really simple and easy to use, and others are a nightmare. At first it was really challenging for us to add each new exchange because there would be unique problems, custom formatting, different syntax, etc. for each one, however things have gotten a little easier at this point once we have done it a few times.

1/ Over 50% of our users are international for our free tracking service, though our tax product is US only right now 2/ Coinbase is #1 in terms of exchanges, however local wallets (e.g. ETH wallets) are the largest overall 3/ We do not sell user data to any third parties. We do use some analytics products such as mixpanel, Heap, Google Analytics, etc. but we are not giving user/trade information to any third parties (see our privacy policy at www.cointracker.io/privacy) 4/ Many things, but one that stands out is that most people in the crypto space (even huge funds/companies with hundreds of millions of assets under management) use a spreadsheet to keep track of their crypto (!!) 5/ Yes! We are not (yet) a registered investment advisor and therefore do not provide investment advice (see www.cointracker.io/disclosure for more details)

Thank you! Cryptocurrency tracking will always be free, though we may add more power features like real-time syncing in a paid subscription.

Currently, the pricing is sourced through aggregation across many exchanges (even ones we don't yet support syncing for). Lots of room for improvement here though as you and others suggest.

The main difference comes down to user experience — it is much easier & simpler to use CoinTracker. Additionally, we offer free portfolio tracking so you can verify for yourself that we are actually doing everything accurately & try before you buy.

The list of exchanges we currently support (we will work on making this clearer): Binance, Bitfinex, Bitstamp, Bittrex, Coinbase, Cryptopia, GDAX, Gemini, HitBTC, Kraken, KuCoin, Liqui, Poloniex

Tax free tier & pricing: www.cointracker.io/tax/package

Let me know if anything else is unclear

Yes, you'll need to add your full crypto trading history (e.g. fiat ---> crypto ---> crypto ---> fiat) across all wallets and exchanges in order to get accurate tax information. We have more information about how and why here:

www.cointracker.io/faq#section-cost-basis www.cointracker.io/faq#section-tax

For Coinbase we request the Read Permission from Coinbase Connect (OAuth2 flow). For the rest of the exchanges we request the user to add their API keys with restrictions for view only access (enforced by the exchanges). The instructions are listed for each exchange when you add them from the wallets page: www.cointracker.io/wallets

You're right — we need to improve this. In the mean time, we allow users to track their offline/paper/hardware wallet addresses: www.cointracker.io/add_wallet so that those transfers are accounted for (currently have to add one address at a time)

Fair question —

For signup, we have three options: get your email from Google, from Coinbase, or use whatever email you want manually. It's up to you whether to use Google/Coinbase or use your own bogus email. The point here is not to gather data about your accounts, but rather just have a way to communicate with you.

For tracking & tax, the hope is that we are providing you as a user with enough value (in the form of portfolio management and tax information) that it is worthwhile for you to track your exchanges/wallets/cryptocurrency on CoinTracker.

We take measures to protect your security: www.cointracker.io/security

If you don't see value in the service, that is useful feedback for us and we'd love to know

Interesting; how come? We aren't necessarily tied to our domain name, just curious.

For #1 — there seems to be a strong need on both the retail side (folks who are day-trading or casually investing on the side) and on the institutional side (e.g. cryptocurrency hedge funds, etc.). So far we have focused on the retail use case

For #4 — there are a lot of possibilities here, and a lot of it will depend on where our users guide us. Some areas that we will start testing with soon though are around roboinvesting, trade aggregation, and auditing. Would really welcome your thoughts and ideas here as well!