CoinTrack
Simple crypto portfolio tracking with tax-ready reports
● The Problem
Crypto investors use 3+ exchanges. Tracking total portfolio value, cost basis, and gains/losses across all of them is manual. Tax reporting for crypto is complex and error-prone.
● The Solution
Connect exchanges via API. See total portfolio value, allocation, and performance in one dashboard. Auto-calculate cost basis and generate IRS-ready tax reports.
Key Signals
MRR Potential
$5K-20K
Competition
High
Build Time
1-3 Months
Search Trend
rising
Market Timing
Crypto adoption continues growing. IRS crypto reporting requirements are expanding. Tax compliance is non-optional. Multi-exchange tracking is a universal need.
MVP Feature List
- 1Multi-exchange API connection
- 2Portfolio dashboard
- 3Cost basis calculation
- 4Profit/loss tracking
- 5Tax report generation (IRS 8949)
Suggested Tech Stack
Go-to-Market Strategy
Free for 1 exchange. $9.99/month for multiple exchanges and tax reports. Target through crypto communities on Reddit and Twitter.
Target Audience
Monetization
Tiered PlansCompetitive Landscape
CoinTracker ($59/yr) and Koinly ($49/yr) are the leaders. Both have UX issues and pricing complaints. A cleaner, more affordable option has demand.
Why Now?
IRS expanded crypto reporting requirements. New users entering crypto need tracking tools. Tax season drives annual demand spikes.
Tools & Resources to Get Started
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Frequently Asked Questions
What problem does CoinTrack solve?
Crypto investors use 3+ exchanges. Tracking total portfolio value, cost basis, and gains/losses across all of them is manual. Tax reporting for crypto is complex and error-prone.
How much MRR can CoinTrack generate?
CoinTrack has $5K-20K MRR potential with a Tiered Plans model. The estimated build time is 1-3 Months with High competition in the market.
What are the MVP features for CoinTrack?
Multi-exchange API connection. Portfolio dashboard. Cost basis calculation. Profit/loss tracking. Tax report generation (IRS 8949).
What is the go-to-market strategy for CoinTrack?
Free for 1 exchange. $9.99/month for multiple exchanges and tax reports. Target through crypto communities on Reddit and Twitter.
Who is the target audience for CoinTrack?
The primary target audience includes Crypto Investors, Day Traders, Tax Professionals. IRS expanded crypto reporting requirements. New users entering crypto need tracking tools. Tax season drives annual demand spikes.
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