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About

Buying cryptocurrency doesn’t need to be complicated. You can easily buy Bitcoin, Ethereum, XRP and over 280 other digital currencies directly from your CoinSpot account. You can even swap directly between any currency listed on the platform. Stop-Loss & Limit Orders to help you make the most of market opportunities. For high value trading, institutional investment, and Self Managed Super Funds we have a dedicated OTC (Over The Counter) Trading Desk & SMSF team to assist with all aspects of account management. CoinSpot’s experienced and knowledgable support team are here for you. Live Chat is available to speak to real people everyday and our Helpdesk Support is 24/7. Deposit any cryptocurrency listed on CoinSpot into your Multicoin Wallet. With a majority of listed assets having automated wallet services you can deposit and trade easily and instantly.

About

If you've bought, sold, earned, received or otherwise acquired digital currencies during any given tax year then you are almost certainly required to file the profit or loss as part of your tax return. If you're still not sure, you should talk with Inland Revenue or your accountant. In New Zealand, Inland Revenue treat digital currencies as a type of property. Their cryptocurrency tax guidance requires the profit or loss to be calculated using First in First Out in New Zealand Dollars at the time the trade occurred, even if the trade was between cryptocurrencies. It's no small task and can take days to untangle even with only a small number of trades. If you've taken a loss, it may be deductible from your income tax. Our algorithms do the heavy lifting by automating the currency conversions and calculating your trading and mining profit and loss in accordance with Inland Revenue's guidance. All we need from you are your exchange exports and mining addresses.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Traders searching for a Cryptocurrency Exchange platform

Audience

Cryptocurrency investors and traders in New Zealand that need a crypto tax software solution

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

0.1% Fee
Free Version Not Supported
Free Trial Not Supported

Pricing

$99 per tax year
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 5.0 / 5
ease 4.0 / 5
features 3.0 / 5
design 3.0 / 5
support 5.0 / 5

Reviews/Ratings

Overall 1.0 / 5
ease 1.0 / 5
support 1.0 / 5

Pros & Cons from Real Users

Pros

  • Super low fees. Easy to use and function. Very clear and visual. Easy to follow and enquire. Support is always there when you need it 24/7.

Cons

  • Would prefer wallet breakdown picture and diagram to have table as well as pie display. Be able to segment coins owned and other coins separately when looking at charts and list. Would like to multi select coins and shown on one graph.

Pros & Cons from Real Users

Pros

  • I can't advise what I like about this product as I haven't had a chance to see the product in full, due to inability to upload my documents and then non contact from their help desk.

Cons

  • I have had technical trouble uploading my files on their platform. I have sent a request for help both to their Tech support and twice to their "contact us" messaging system. You get a reply back to say they endeavour to contact you within 48 hours, but it has now been 1 week (7 days) and I have had no response. Not great customer service!!

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

CoinSpot
Founded: 2013
Australia
www.coinspot.com.au

Company Information

Taxoshi
Founded: 2014
New Zealand
taxoshi.com

Alternatives

CoinPort

CoinPort

CoinPort Pty Ltd

Alternatives

Categories

Categories

Crypto Accounting Supported
Crypto Tax Supported

Integrations

Binance Not Supported
BitPrime Not Supported
Bitcoin Supported
Coin Trade Ledger Supported
CoinLedger Supported
CoinStats Supported
Coinpanda Supported
Divly Supported
Ethereum Supported
Exodus Not Supported
Flow Supported
Koinly Supported
Kryptos Supported
Obyte Supported
Poloniex Not Supported
Ravencoin Supported
ZenLedger Supported

Integrations

Binance Supported
BitPrime Supported
Bitcoin Not Supported
Coin Trade Ledger Not Supported
CoinLedger Not Supported
CoinStats Not Supported
Coinpanda Not Supported
Divly Not Supported
Ethereum Not Supported
Exodus Supported
Flow Not Supported
Koinly Not Supported
Kryptos Not Supported
Obyte Not Supported
Poloniex Supported
Ravencoin Not Supported
ZenLedger Not Supported
Claim CoinSpot and update features and information
Claim CoinSpot and update features and information
Claim Taxoshi and update features and information
Claim Taxoshi and update features and information