CoinTracker Review
Verdict
A Coinbase-backed hybrid that combines real-time portfolio tracking with ATO tax reporting in one tool.
Score breakdown
Six pillars, weighted identically for every tool and tilted toward Australian (ATO) fitness.
Pros
- Native support for all four major AU exchanges
- Strong real-time portfolio tracking alongside tax
- Well-funded, mature, Coinbase-integrated
- Broad DeFi & NFT coverage
Cons
- Gets expensive quickly at higher transaction counts
- US-first orientation, not AU-specialised
- Tax-loss harvesting gated to higher tiers
Details
| Origin | Global · CoinTracker (United States) |
|---|---|
| Free tier | Portfolio tracking only; no tax reports |
| Cheapest paid | A$44/yr |
| Top plan | A$915/yr |
| Pricing model | Per tax year; tiers by transaction count |
| Integrations | 500+ wallets & exchanges, 20,000+ DeFi protocols |
| AU exchanges | CoinSpot, Swyftx, Independent Reserve, BTC Markets all supported |
| ATO myTax report | Yes |
| CGT 50% discount | Yes |
| Personal-use asset | unknown |
| SMSF support | unknown |
| DeFi / NFT | advanced |
| Accountants | CoinTracker Connect tax-pro hub |
| Support | Live chat on paid tiers (US-based) |
CoinTracker — frequently asked questions
Does CoinTracker work for Australian crypto tax?
CoinTracker produces an ATO myTax-ready report and applies Australian rules such as the 50% CGT discount. It is a global tool used by many Australians.
How much does CoinTracker cost? Is there a free tier?
CoinTracker has a free tier — portfolio tracking only; no tax reports. Paid plans run from about A$44/yr up to around A$915/yr (per tax year; tiers by transaction count).
Does CoinTracker support Australian exchanges?
Yes — CoinSpot, Swyftx, Independent Reserve, BTC Markets all supported. In total it offers 500+ wallets & exchanges, 20,000+ defi protocols, via both API and CSV import.
Is CoinTracker accurate?
CoinTracker's figures are only as good as the data you feed it — accuracy depends on importing every wallet and exchange so transfers aren't mistaken for sales. It has advanced DeFi and NFT handling. For complex situations, have a registered tax agent review the report.
Do I actually need crypto tax software?
It isn't legally required, but the ATO receives transaction data directly from Australian exchanges, so your activity is visible to them. If you use more than one exchange or wallet, or have many transactions, a tool like CoinTracker saves hours and reduces errors. A handful of simple trades can be worked out by hand.
General information only — not financial or tax advice. Pricing and features change; confirm current plans with the provider. Consider a registered tax agent for your circumstances.