Posted 27th Juni 2024

Kinesis introduces automatic reporting with CoinTracking

Kinesis has integrated with CoinTracking — an industry-leading digital assets portfolio tracker and trade data calculator platform.

In an important move to simplify reporting for our users, Kinesis has integrated with CoinTracking — an industry-leading digital assets portfolio tracker and trade data calculator platform. 

The CoinTracking integration streamlines the tracking and analysis of gold, silver and cryptocurrency transactions on the Kinesis platform, providing users with enhanced convenience and efficiency in managing their finances. 

To make the integration more accessible and beneficial for our community, Kinesis has arranged a 10% discount off the CoinTracking offering for users signing up through the following dedicated link

Available across 100+ countries and supporting multiple reporting methods, the CoinTracking platform is renowned for its ease and accuracy, providing a tailored solution to create precise trade data calculations and country-specific reports with minimal effort.

How CoinTracking benefits Kinesis users?

Through an integrated API, Kinesis users can link their accounts directly to CoinTracking, allowing ongoing trading and transaction data transfer and synchronisation between both platforms. 

The user’s data is then logged automatically into the CoinTracking data management tool and seamlessly processed to auto-generate detailed records of their financial activity. All their trading, spending, selling and yield data can be exported anytime into a country-specific format. Through its automated processing capacity, CoinTracking removes the necessity of manual handling, accounting and calculating complex and data-heavy transactional information for our users.

With the CoinTracking API running smoothly in the background, Kinesis users can simply focus on trading and spending their physical gold, silver and digital assets. Users can rest assured that all their transactions are being continuously processed and analysed without manual intervention.

Kinesis and CoinTracking

CoinTracking requires users to create a free account to access multiple platform functionalities, such as manual trade data imports and exports in several formats, coins and transactions tracker, personal trade backups, and more.

Kinesis users wishing to access automatic syncing between both platforms, among other useful features, will receive a 10% discount on CoinTracking Pro, Expert, and Unlimited licences, when signing up or renewing their plan through the dedicated Kinesis link

Additionally, the manual CSV reporting feature will remain on the Kinesis platform, accessible to all users.

How to connect to CoinTracking

Linking the Kinesis account with the CoinTracking tool is straightforward and involves just a few steps. Users simply need to copy their private API keys, located in the Settings tab on the Kinesis platform, and enter them into their CoinTracking accounts to initiate the automatic exchange of information between both platforms.

Accessible to all verified Kinesis users, these API keys serve as a secure bridge between both platforms, facilitating the continuous synchronisation of all trading and spending data.

For a step-by-step walkthrough click here.

Better trade reporting for businesses

Notably, business owners and Kinesis Pay merchants will have increased control over their diverse portfolios and multiple businesses, further streamlining the tracking of their gold and silver transactions. 

With all financial activities automatically recorded and calculated in real-time, Business account users gain greater control over their profits and business expenses, such as payments to multiple recipients with the multi-send feature.

Trade with peace of mind

The integration of CoinTracking simplifies the financial management of precious metals and cryptocurrency assets, enabling Kinesis users to embrace alternative monetary choices, whilst streamlining trade data calculations and reporting. 

The seamless automation of the profit & loss analysis enables system users to engage in trade, spending and selling activities or grow their businesses in gold and silver with peace of mind, and fulfil their reporting obligations with confidence.

Through facilitating easy transaction reporting on precious metals, Kinesis fosters the widespread adoption of gold and silver. We remain committed to equipping Kinesis users with practical solutions that bring everyday simplicity to using gold and silver as money.