Cointelli Makes It Easy to Report Coinbase, Binance, and Kraken Transactions to the IRS
can swiftly and reliably create a unified tax report with the push of a button.
And if there are any inter-platform inconsistencies, Cointelli has a powerful error correction feature that lets users easily edit data. Cointelli’s algorithms make it easy to compile all of the data from Coinbase, Binance, Kraken, and many others into one tax report. And all for the very affordable price of just $49!American cryptocurrency traders and investors need all the help they can get when it comes to navigating the tax system effectively.
Crypto taxes aren’t easy to wrap your head around. Doing them correctly often involves accurately reporting complex transactions across many crypto platforms. Thus, having the right software can be a lifesaver when it comes to getting it right in a timely manner. Cointelli is a cloud-based crypto tax preparation software solution that uses its unique technology to help.
First, you have to check how many crypto exchanges and wallets the software supports. Cointelli, for example, supports a considerably larger number of major crypto exchanges than many competitors — and with full import capabilities. Examples of exchanges supported by Cointelli include major ones like Coinbase, Binance, KuCoin, and many more niche exchanges as well.
Cointelli not only delivers these services, but makes them attainable for all, with full access available for aof $49 per year and no hidden costs. In addition, users can run the program for free to see how much they will be paying in crypto taxes, and won’t pay anything until they decide to download the completed Form 8949.