Average Ratings 1 Rating

Total
ease
features
design
support

Average Ratings 1 Rating

Total
ease
support

Description

Purchasing cryptocurrency can be straightforward and hassle-free. Through your CoinSpot account, you can seamlessly acquire Bitcoin, Ethereum, XRP, and more than 280 other digital currencies. The platform allows you to exchange any listed currency easily as well. To maximize your trading potential, you can utilize Stop-Loss and Limit Orders to capitalize on market fluctuations. For those engaged in high-value transactions, institutional investments, or Self-Managed Super Funds, we offer a specialized OTC (Over The Counter) Trading Desk along with an SMSF team to support all facets of account management. Our knowledgeable support staff at CoinSpot is always ready to assist you; with Live Chat available for immediate communication with real representatives every day, and our Helpdesk Support operates around the clock. You can deposit any cryptocurrency available on CoinSpot into your Multicoin Wallet. With a majority of listed assets supporting automated wallet services, depositing and trading is made quick and effortless. Additionally, our commitment to customer satisfaction ensures that you have the resources you need for a smooth trading experience.

Description

If you have engaged in the buying, selling, earning, receiving, or any other form of acquiring digital currencies within a particular tax year, it's highly likely that you must report any profits or losses on your tax return. If there's any uncertainty regarding your obligations, consulting with the Inland Revenue or your accountant is advisable. In New Zealand, the Inland Revenue classifies digital currencies as a category of property. Their guidelines for cryptocurrency taxation specify that profits or losses must be assessed using the First in First Out method, converting values into New Zealand Dollars at the time of each trade, even when the transactions are between different cryptocurrencies. This process can be quite complex and may require several days to sort through, even with just a few trades. If you've incurred a loss, it could potentially be deducted from your income tax, providing some relief. Our advanced algorithms simplify this process by automating the necessary currency conversions and calculating your trading and mining profits and losses in line with Inland Revenue's regulations. Simply provide us with your exchange exports and mining addresses, and we will handle the rest to ensure your compliance and accuracy. This way, you can focus on your investments without the tax-related stress.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Bitstamp
BitPrime
Bitcoin
CoinLedger
CoinStats
CoinTracking
Coinpanda
Easy Crypto
Ethereum
Exodus
Flow
Independent Reserve
Koinly
Kraken
Obyte
Poloniex
ZenLedger

Integrations

Bitstamp
BitPrime
Bitcoin
CoinLedger
CoinStats
CoinTracking
Coinpanda
Easy Crypto
Ethereum
Exodus
Flow
Independent Reserve
Koinly
Kraken
Obyte
Poloniex
ZenLedger

Pricing Details

0.1% Fee
Free Trial
Free Version

Pricing Details

$99 per tax year
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

CoinSpot

Founded

2013

Country

Australia

Website

www.coinspot.com.au

Vendor Details

Company Name

Taxoshi

Founded

2014

Country

New Zealand

Website

taxoshi.com

Product Features

Product Features

Crypto Tax

Automated Data Import
Exchange Integration
Export Transactions
Historical Prices
Income Overview
Margin & Futures Support
Profit & Loss / Cap Gains
Staking / Lending / DeFi Support
Tax Form Generation
Tax Loss Harvesting
Wallet Integration

Alternatives

Alternatives

CoinPort Reviews

CoinPort

CoinPort Pty Ltd