Tax Tools: How to Make Your Crypto Tax Return Easy
Crypto tax returns can quickly become confusing, especially if you are active on multiple exchanges and wallets. Fortunately, there are specialized tools that do the work for you by automatically importing all your transactions and creating a finished tax report.
Why Use a Tax Tool?
A good tax tool connects to your exchanges (e.g., Binance) via API keys and reads your wallet addresses. It analyzes all buys, sells, swaps, and staking rewards, and calculates the tax-relevant profits and losses according to your country's laws.
The Most Popular Tax Tools for Europe
Here are the most popular providers suitable for users in Germany, Austria, and Switzerland:
Blockpit
A provider from Austria that specializes in the complex legal situation in Germany and Austria. Blockpit is known for its certified tax reports and close cooperation with local tax advisors. With my link, you get a 15% discount.
Go to Blockpit (-15%) →Koinly
Very popular and known for its user-friendly interface. Koinly supports a huge number of exchanges and blockchains and creates detailed reports that you or your tax advisor can use directly.
Go to Koinly →CoinTracking
One of the oldest and most established providers on the market. CoinTracking offers extremely detailed analysis functions that go beyond just tax reporting and is particularly popular with experienced users. With my link, you get a 10% discount.
Go to CoinTracking (-10%) →Note: The links to the tools may be affiliate links. If you register through them, I receive a small commission at no additional cost to you. This is how you support this free guide.