Average Ratings 1 Rating
Average Ratings 1 Rating
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
Integrations
BitPrime
No
Bitcoin
Yes
Coin Trade Ledger
Yes
CoinLedger
Yes
CoinStats
Yes
CoinTracking
Yes
Coinpanda
Yes
Ethereum
Yes
Fyn
Yes
Independent Reserve
No
Integrations
BitPrime
Yes
Bitcoin
No
Coin Trade Ledger
No
CoinLedger
No
CoinStats
No
CoinTracking
No
Coinpanda
No
Ethereum
No
Fyn
No
Independent Reserve
Yes
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