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 Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

BitPrime No 
Bitcoin Yes 
Coin Trade Ledger Yes 
CoinLedger Yes 
CoinStats Yes 
CoinTracking Yes 
Coinpanda Yes 
Ethereum Yes 
Fyn Yes 
Independent Reserve No 
Kraken No 
Kryptos Yes 
Obyte Yes 
Poloniex No 
Ravencoin Yes 
ZenLedger Yes 

Integrations

BitPrime Yes 
Bitcoin No 
Coin Trade Ledger No 
CoinLedger No 
CoinStats No 
CoinTracking No 
Coinpanda No 
Ethereum No 
Fyn No 
Independent Reserve Yes 
Kraken Yes 
Kryptos No 
Obyte No 
Poloniex Yes 
Ravencoin No 
ZenLedger No 

Pricing Details

0.1% Fee
Free Trial No 
Free Version No 

Pricing Details

$99 per tax year
Free Trial No 
Free Version No 

Deployment

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

Customer Support

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

Customer Support

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

Types of Training

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

Types of Training

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

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 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 

Alternatives

Alternatives

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CoinPort Pty Ltd