Scaling to new heights: millions of transactions

At CoinTracker, we're constantly pushing the boundaries of what’s possible for crypto taxes, portfolio management, and accounting. Today, we’re thrilled to unveil a breakthrough that enables us to seamlessly process millions of transactions, ensuring that as your portfolio grows, our platform scales with you. This feature is now live for all CoinTracker users.

What this means for you

• Unmatched scalability: Process millions of transactions seamlessly and consistently, without sacrificing accuracy.
• Lightning-fast performance: Reconcile faster though our massive speed improvements.
• Rock-solid reliability: Always in-sync data that keeps your data current and error-free.

These aren’t just upgrades; they're a complete reimagination of how crypto transactions are processed, ensuring that you stay ahead in an ever-evolving digital landscape.

Batches, not bottlenecks

Imagine a system that can handle the ever-increasing volume of crypto transactions without missing a beat. Our new batch processing engine is designed to do just that. By processing transactions in intelligently sized batches, we eliminate technical bottlenecks that impact large and complicated accounts. What used to take days of processing and manual interventions can now happen in a matter of hours — or even minutes.

This architecture not only streamlines our accounting calculations but also opens the door to scaling infinitely. In practice, this means that no matter how actively you trade our platform can keep up now and in the future.

20x faster transfer detection

One of the "auto-magical" moments for CoinTracker users is when transactions are automatically matched and linked, resulting in the most accurate financial treatment . At the scale of today’s fast-paced crypto environment, speed is crucial for reconciliation. That’s why we invested in optimizing our transfer detection algorithms. The result? A 20x increase in speed for large accounts that ensures every transfer is identified and processed almost instantaneously.

This leap in performance is driven by a combination of algorithmic fine-tuning, batched processing, and transfer identification enhancements. With these improvements, our system can pinpoint and categorize transactions in record time, providing you with accurate data when you need it most.

Reliable syncs with smarter job queues and caching

Ensuring that every integration stays in sync is a complex challenge. We understand that wallets can be massive, and there can be a lot of variance across integrations. To address this, we overhauled our sync architecture with advanced caching strategies and smarter job queues. These features work together to:

• Reduce latency: Cached data minimizes the need for repeated calculations, ensuring your portfolios updates swiftly.
• Improve reliability: Smart job queues manage sync tasks efficiently, preventing sync failures even during peak activity.

We also launched our Full Service plan which gives you access to a dedicated account manager with deep knowledge of crypto and your CoinTracker account. They can convert your complex data, provide priority support, and more.

Experience the future of crypto accounting

At CoinTracker, we're committed to constantly raising the bar for accuracy, ease, and reliability for crypto tax reconciliation.Our breakthrough in processing volume is just one of many steps we’re taking to simplify your taxes, so you can focus on what matters: using crypto with a peace of mind.

Disclaimer: This post is informational only and is not intended as tax advice. For tax advice, please consult a tax professional.