I bought some coins a few years ago and have been using coinbase. I hear these days their fees suck compared to others. It would also be cool if I found a place to trade that makes taxes easier without 3rd party software. Does that exist?
CoinTracker does a good job of getting tax reports. Costs money though if you do a lot of trading
Check out Coinbase Pro. Fees are way lower
Do you need to create a new account? I have coinbase and fees are pretty high
No, the same account should migrate if you login to Pro. I was able to login in using my old Coinbase account
kraken
No exchange can do your tax forms since you can withdraw crypto. Example - you buy $100k BTCon Coinbase and transfer to Kraken, and sell at $200k. Neither exchange knows enough about that transaction to say you have a $100k gain. You have to use third party providers. Most integrate with API’s and don’t take too long to set up. A few exchanges offer discounts for their partner products.
Does Coinbase give tax return reports?