Questions? Shoot a mail to: firstname.lastname@example.org
|Compatible with||Any Exchange script|
|Layout||Fixed, Fluid, Responsive|
|Compitability||All Major Browsers|
- Tokenized Asset Tracking
- Security Tokens Dividend payouts tracking
- Balance sheet generation
Version 1.1 (Current Version)
- Capability to add other exchanges that is made available to the user
- Profit and Loss Analyzer module
- Portfolio and taxation tracking support according to country for BTC, LTC, BCH, USD
- Track portfolio of cryptocurrencies held at BitExchange cryptocurrency exchange script.
What is a cryptocurrency Taxation and Portfolio Tracker add-on?
A cryptocurrency Taxation and Portfolio tracker module allows anyone holding account in any exchange track their investments made by them over a period of time. The Portfolio tracker calculates the exact price at the time of purchase and calculates whether the value of the crypto asset they are holding has performed or not. The taxation functionality of the module assesses the tax they would have to pay based on the country of their origin. The add-on can work as a standalone product as well, it can be configured to work with any exchanges and supports multiple exchange.
How does the Taxation and portfolio Tracker work?
Note: The Taxation and portfolio tracker module by default works with exchanges built with the BitExchange platform. But with a bit of configuration, the module can work with any cryptocurrency exchange like Binance, CEX, etc or third party cryptocurrency exchange script that you may have purchased from others.
Here's how the Taxation portfolio tracker works, the user signs up for on your portfolio tracker platform, goes to the "User Exchange" section where they can choose from a list of exchanges (that you have configured in the backend) and then enter the API key, Secret Key and email address of their account on the exchange. (These details are commonly available under their account section on most exchanges). They can repeat the steps above to add more accounts to track.
Once they data is retrieved from the respective accounts, it then displays on the dashboard of the Tax & portfolio tracker. Users can view their Net Worth, Their Total investment made across all the exchanges they have configured, Profit & Loss for each Cryptocurrency they have invested, Generate Profit and Loss among other data.
Why is it important to have this Cryptocurrency Taxation and portfolio tracker add-on?
Your typical users would hold cryptocurrencies across different exchanges and it would be hard to keep track of all of it. Providing them with the option of having a portfolio tracker can help them keep track of their cryptocurrency assets all in one place. This is a value added service that would prove to be thoughtful for your users. Also, having a portfolio tracker encourages more users to sign up on your exchange.
What are some of the upcoming features for the cryptocurrency taxation and portfolio tracker add-on?
We're constantly adding new features and improving the user experience as well as the admin experience of the add-on. The next set of features we are working on are bringing in the capability where users can track their dividend payments that they would've got from security Token companies, tracking of Asset tokens from Asset based exchanges.