Cointracker Review 2022: Is it Legit? Is it Safe to Use?

Cointracker.io

Ease of Use
Portfolio Tracking Accuracy
Security
Pricing

Summary

Cointracker.io is the best overall crypto portfolio tracking tool that comes with a very robust free plan for crypto investors. If you want to take things up a notch and track your crypto taxes then upgrade to a paid plan to unlock the full power of this tool.

4.5
Cointracker.io

Cointracker.io is my favorite crypto portfolio tracking & tax management tool. It's easy to track your entire crypto portfolio from one location. It's safe and secure plus comes with a free plan for beginners.

Pros and Cons

Pros

  • Free crypto portfolio management
  • Track your performance by individual crypto asset
  • Monitor your holdings under 1 platform
  • Calculate capital gains tax
  • Receive daily email alerts on your portfolio

Cons

  • Cannot track every single crypto exchange (I had problems uploading BlockFI)
  • Must upgrade to paid plan to track crypto taxes

Full Cointracker Review

Cointracker is a crypto portfolio and tax management platform with over 500,000 users who track over $20 billion in crypto assets.

The company is backed by major investors like Yahoo! Combinator and Coinbase along with celebrities such as female tennis star Serena Williams.

As more people embrace cryptocurrency as a new asset class, crypto investors need a quick and easy way to track their online portfolios. That’s where Cointracker becomes an extremely useful tool.

Getting Started

To get started, sign up for a Cointracker.io account and start connecting your crypto assets from your wallet or preferred exchange.

Cointracker supports popular hardware wallets like Trezor or Ledger as well as public crypto addresses.

If you store your crypto on an exchange then you can connect Cointracker to the following crypto exchanges:

  • Coinbase
  • Coinbase Pro
  • Binance
  • Binance US
  • Bitrex
  • Kraken
  • Poloniex
  • Gemini

Cointracker.io will use read-only access when you connect it to an exchange. That means they cannot access your crypto holdings so your coins are 100% safe.

Some popular crypto interest accounts like BlockFI don’t support API connections. You must upload these transactions manually using a . CSV import.

Tracking Your Performance

Once you are logged in, you will be sent to the dashboard where you get a bird-eye’s view of your portfolio.

Cointracker Portfolio Performance

Here, you can track key metrics like market value, net deposits, and net proceeds on your entire portfolio.

On the performance tab, you can track your returns by the individual crypto asset. Cointracker will give you a sneak preview of your biggest holding but you need to upgrade to a paid subscription to see your entire portfolio.

If you only invest in 1 cryptocurrency like Bitcoin then you can track key metrics like total holdings, cost basis, and all-time return for free.

How much Does Cointracker Cost?

Cointracker is 100% free to sign up and start tracking your crypto portfolio. You’ll be able to track your portfolio performance and taxes using their free plan. The Free plan lets you connect up to 5 wallets, track your performance and portfolio allocation.

If you want to unlock more features like performance by individual cryptocurrency or tax-loss harvesting then simply upgrade to a paid subscription.

Is Cointracker.io right for you?

Cointracker is a handy tool that makes tracking your crypto portfolio extremely easy. It’s safe and secure plus lets you keep an eye on your holdings without logging into multiple platforms daily.

Cointracker.io FAQ

I get a lot of value using the free plan but may upgrade in the future as my portfolio grows.


Join 200+ Investors Getting The Investor Trip Weekday Newsletter

Tarik Pierce

Tarik Pierce is the founder of InvestorTrip.com and regularly contributes articles to this website. He studied Economics at Dartmouth College and invests in a mix of dividend stocks, high CAGR tech stocks & cryptocurrencies. You can view his stock & crypto portfolio to see which investments he is holding right now.