cointracker api | BTCC Knowledge

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What is a cointracker API?

A specific use case I can imagine a CoinTracker API being able to facilitate is the automation of manual transaction entries from a merchant's PoS system for currencies whose wallets aren't supported by CoinTracker currently. Admittedly, a number of crypto payment processors already support (to varying degrees) tax reporting.

How to embed cointracker info into a third party website?

Let users embed CoinTracker info into third party website. For example: Ideally, I'd like to supply a webhook URL to CoinTracker and have a lambda function get called for every new transaction that gets added. And then a simple CRUD API for transactions.

Does cointracker work with TurboTax?

To provide a smoother user experience, CoinTracker rounds up low values to $0.01, instead of $0. This change hardly affects taxes since tax software rounds your taxes to the nearest dollar and saves users time. The automatic import between CoinTracker and TurboTax isn't working as expected (or I have too many transactions to upload to Turbotax).

What happens if I don't use cointracker?

Without CoinTracker, your capital gains & losses various exchanges will not be easily accessible in one centralized place. You can also use CoinTracker to sync other coins, wallets & exchanges, and DeFi platforms. Learn more about how cryptocurrency taxes work.