Currently (mostly in the US), there is the debate around handling Cryptocurrency trades among each other, as Like-Kind-Exchanges.
We are planing to integrate this calculation method for our Tax-Report, in the future.
At the moment it seems like there is no way around calculating the profit/taxes from each and every transaction that produced a gain or a loss,
no matter if you traded the Coins for Fiat, or for other assets.
There are no precedents for the taxation of Cryptocurrency trades as Like-Kind Exchanges.
Therefore we are not able to validate that this way of treating Cryptocurrency sales is legal.
We always recommend to consult a professional accountant, or to ask at your local tax authorities, in order to clarify your individual situation.
Therefore CoinTracking calculates the taxes from each and every transaction that produced a gain or a loss, no matter if you traded the coins for Fiat, or for other assets.