Post
Topic
Board Service Announcements (Altcoins)
Re: CoinTracking - Profit/Loss Portfolio and Tax Reporting for Digital Currencies
by
kkris
on 18/05/2017, 23:24:21 UTC
Most exchanges do not have a standard format.
I don't think it will be so easy to get them all into one format Smiley

There is no published standard export format. That's half the problem.

And most exchanges do not use a standard export format. That's the other half of the problem.

Now if somebody with some expertise and credibility were to come up with a well-defined standard export format (in the style of an RFC or a BIP), that would solve half the problem.

The next step would be to get just a couple of exchanges to adopt that standard format. Why would they do it? Because every exchange is looking for features that its competitors don't have, and claiming to adhere to a published standard would be such a feature.

Once two different exchanges are using that standard format, it will be a lot easier to get the others to do the same -- so they don't get left behind.

But all of it has to begin with one person with the expertise and credibility taking the lead.