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The Top 3 Crypto Tracking Apps That Every Investor Needs in 2023

Crypto Tracking App

By descryptPublished about a year ago 3 min read
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Looking for the best crypto tracking app to help manage your cryptocurrency investments and calculate your taxes? With tax season approaching, cut through the clutter and automate all your stay in the good books of the IRS and remain compliant with U.S. regulations.

Criteria for Choosing the Best Crypto Tracking App

When choosing your preferred portfolio tracking app, a few key factors can guide your process. With a variety of paid and free services at your disposal, this decision can be made by considering the following attributes;

Accuracy: The app should track your cryptocurrency transactions, including purchases, sales, and transfers, to ensure that your tax calculations are correct.

record-keeping to ensure accurate and timely reporting ahead of the deadline. Here is how you can

User Interface: A user-friendly interface can make tracking and managing cryptocurrency investments easier.

Cost and Features: Both free and paid crypto tracking apps are available. Paid apps often offer features like real-time tracking, tax reports, and integrations with popular cryptocurrency exchanges.

Top 3 Best Crypto Tracking Apps

1- Descrypt

Descrypt is the best crypto-tracking app, offering a simple and user-friendly interface. The free plan can be used to track your portfolio value, and those looking for more powerful features can opt for one of the paid plans. What sets Descrypt apart is its accuracy in tracking crypto transactions and frequent refresh rates.

It is increasingly becoming an indispensable tool for investors looking to stay on top of their taxes. With a direct API link with over 20 cryptocurrency exchanges, traders can enjoy real-time updates with unparalleled accuracy. Descrypt also works with all wallets, simplifying the notoriously difficult task of accounting De-Fi trades.

Features and Benefits of Descrypt

● Directly linked to the most popular crypto exchanges in US

● Frequent refreshing of portfolio data, ensuring up-to-date records

● Easy-to-use interface

● One-click report generation

● The most accurate profit & loss calculations

● Free to use, with an option to upgrade for more advanced features

2- Koinly

Koinly is another popular cryptocurrency tracking app that offers a user-friendly interface and accurate tracking of cryptocurrency transactions. The app supports over 6,000 cryptocurrencies and over 300 exchanges, making it an excellent option for investors with a diverse portfolios. Koinly also offers a range of features, including real-time tracking and tax reporting.

Features and Benefits of Koinly

● Supports over 6,000 cryptocurrencies and 300 exchanges

● User-friendly interface

● Advanced features, including real-time tracking and tax reporting

3- CoinTracker

CoinTracker is a comprehensive cryptocurrency tracking app that supports over 300 exchanges and 8,000 cryptocurrencies. It offers tracking, tax reporting, and integrations with popular cryptocurrency wallets and exchanges. CoinTracker also supports a wide range of tax reporting options, making it an excellent choice for investors looking to simplify their tax reporting process.

Features and Benefits of CoinTracker

● Supports over 300 exchanges and 8,000 cryptocurrencies

● Advanced reporting features

● Integrations with popular cryptocurrency wallets and exchanges

● Multiple tax reporting options

And The Winner Is…

In conclusion, tracking cryptocurrency transactions and calculating taxes can be challenging without the right tools. A cryptocurrency tracking app can help simplify the process and ensure accurate tax calculations. Our choice of the top crypto tracking app is Descrypt, thanks to its unmatched accuracy in portfolio tracking and its ease of use.

Ready to experience accurate and user-friendly crypto tracking with Descrypt? Click "Experience Now" to start using Descrypt and create your crypto tax report today. With Descrypt, you can easily track your crypto transactions, simplify your tax reporting, and stay on top of your investments.

Join our social media community on LinkedIn and Twitter to stay up-to-date with the latest news and features from Descrypt. We're excited to simplify your crypto investing experience with you!

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About the Creator

descrypt

Crypto tax software, like Descrypt, automates record-keeping and generates accurate tax reports that can be used to file your taxes. https://www.descrypt.com/

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