MetaMask Partners with CoinTracker to Simplify DeFi Taxes

Alexandra Reyes
Alexandra Reyes

March 17, 2024  ·  2 min read

MetaMask Partners with CoinTracker to Simplify DeFi Taxes

We’ve had a strong start to 2024, and we’re excited to keep the momentum going with another big announcement: MetaMask has selected CoinTracker as a strategic partner to help its users easily and confidently file their crypto taxes.

At CoinTracker, we understand that managing crypto taxes can be overwhelming, especially when dealing with the complexities of DeFi. That’s why we’re thrilled to partner with MetaMask, a leading self-custodial crypto wallet trusted by over 100 million users worldwide, to simplify DeFi tax reporting for its users. Get started today, new users get 10% off until 2025.

DeFi taxes at a glance

Navigating the exciting world of DeFi is great...until tax season. The intricacies of DeFi protocols often lead to confusing tax situations, and we often hear from our users that this confusion hinders their desire to transact on-chain. Whether you’re providing liquidity, staking, lending, or engaging in any other DeFi activity, CoinTracker makes it easy to track and calculate the tax impact, providing peace of mind so you can transact freely. For more details on DeFi taxes, refer to our 2024 DeFi Guide.

Industry leading DeFi support

CoinTracker supports 23,000+ smart contracts and the top 85 dApps. It accurately accounts for gas fees, wrapping/unwrapping, staking, lending, and liquidity pools, and has ERC-1155 and ERC-721 token support. It detects the most advanced EVM DeFi activity and automatically tags those transactions. Users can also set rules to treat wrapping, staking, liquidity, and lending as non-taxable. These advanced capabilities enable users to save time, ensure extreme accuracy and have peace of mind when managing their DeFi activities.

Crypto taxes done right

With CoinTracker’s advanced tracking and reporting features, users can stay on top of their DeFi tax obligations and avoid costly mistakes. This includes the ability to auto-import through H&R Block OnlineTurbo Tax, or your own accountant.

We believe that cryptocurrency should be accessible to everyone, and simplifying tax reporting is critical to this mission. CoinTracker aims to streamline crypto taxes to the extent that users no longer have to think about them. Our partnership with MetaMask is a big step towards achieving this goal, and we’re excited to continue working with leading DeFi platforms to make crypto tax reporting even easier for their users.

A match made in…the metaverse

To celebrate this partnership, the MetaMask community can sign up for CoinTracker and receive a 10% discount on tax plans during a user's first year using CoinTracker. Sign up here!

CoinTracker delivers integrations for 500+ exchanges, wallets, and NFTs, and 23,000+ DeFi smart contracts. Generate accurate reports and file in minutes with the only solution that integrates directly with TurboTax, H&R Block, or your own CPA.