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ease
features
design
support

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Description

Ensuring adherence to cryptocurrency tax laws involves comprehensive report generation that accurately traces historical data. This process enhances precision and tax efficiency by consolidating tax obligations through Specific Identification on the blockchain, all while remaining fully compliant with IRS regulations. Bittax offers a Tax Planning Algorithm that allows users to prepare for crypto taxes in advance, aiming to minimize their overall tax liabilities. The system diligently monitors all FIAT transactions, correlating them with crypto activities and inventory to produce an effective Anti-Money Laundering (AML) report. Furthermore, it meticulously tracks the user's blockchain transactions from the very first transaction, providing a thorough analysis of their complete activity history, which spans from the initial FIAT-to-crypto exchange to their current asset holdings. Additionally, it generates a comprehensive graphical report that highlights discrepancies and identifies any missing data. This holistic approach not only simplifies the tax filing process but also empowers users to make informed financial decisions regarding their cryptocurrency investments.

Description

COYN functions as an automated solution that operates seamlessly in the background, converting intricate cryptocurrency transactions into reliable accounting records that withstand audits. With six years of rigorous development and testing across various algorithmic crypto trading strategies, COYN has efficiently managed thousands of daily transactions. Its fully automated system ensures that, once configured, both your accountant and tax advisor can directly access your cryptocurrency accounting records. Users can effortlessly track their trades in both the spot and derivatives markets with COYN. Additionally, it handles airdrops, funding payments, and perpetual futures without any issues. This tool allows you to manage cryptocurrency trading mandates while ensuring compliance with the HGB accounting standards. Ultimately, COYN provides a comprehensive solution for both individual traders and professionals alike.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Bitstamp Yes 
AscendEX Yes 
Bitfinex Yes 
Coinbase Yes 
Gemini Yes 
Kraken Yes 
KuCoin Yes 
Poloniex Yes 

Integrations

Bitstamp No 
AscendEX No 
Bitfinex No 
Coinbase No 
Gemini No 
Kraken No 
KuCoin No 
Poloniex No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$195 per month
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac Yes 
Linux Yes 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs No 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Bittax

Founded

2017

Country

Israel

Website

www.bit-tax.com

Vendor Details

Company Name

First Coin GmbH

Country

Germany

Website

www.coyn.finance

Product Features

Crypto Tax

Automated Data Import No 
Exchange Integration No 
Export Transactions No 
Historical Prices No 
Income Overview No 
Margin & Futures Support No 
Profit & Loss / Cap Gains No 
Staking / Lending / DeFi Support No 
Tax Form Generation No 
Tax Loss Harvesting No 
Wallet Integration No 

Product Features

Crypto Tax

Automated Data Import No 
Exchange Integration No 
Export Transactions No 
Historical Prices No 
Income Overview No 
Margin & Futures Support No 
Profit & Loss / Cap Gains No 
Staking / Lending / DeFi Support No 
Tax Form Generation No 
Tax Loss Harvesting No 
Wallet Integration No 

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