TL;DR: The Balance Check report in CoinTracking helps compare your imported balances with live balances from exchanges and wallets. It highlights discrepancies so you can correct missing transactions or mismatches. Green checkmarks mean everything aligns; yellow warnings indicate something’s off. Use this tool regularly to keep your portfolio and tax data accurate.
What is the Balance Check report?
It’s a tool that lets you compare two things: what your exchange or wallet says you own (live balance) and what your transaction history shows (imported balance). This ensures that all your data is correctly imported and aligned with reality.
Access it here
What do the symbols mean in the overview?
A green checkmark means your data matches exactly. If you see a white check, there’s no live balance available, but the imported data looks fine. A yellow warning tells you something needs your attention, such as a mismatch or even a negative balance.
The overview also shows each wallet or exchange with its last updated date, number of transactions, and the total value of assets.
What can I do on the detail page?
Click on any exchange to open a detailed view. You’ll see balances per coin or token and whether the numbers line up. If there’s a difference between the live and imported balances, the system shows it clearly—both in amount and, when available, fiat value.
You can also choose to ignore fiat mismatches, like EUR, and focus just on crypto assets.
Why do mismatches happen?
There are several reasons: not all transactions may have been imported, some might be duplicated, or your exchange API might not provide a full history. Sometimes it's simply a matter of incorrect dates or order of transactions.
Are there helpful filters?
Yes. You can filter out fiat mismatches, focus only on entries with both live and imported data, and use the search bar to find specific coins. This helps clean up the view and prioritize what needs your attention.
Any tips for using this report effectively?
Absolutely. Use API imports where possible—they’re more accurate. Check this report often so you don’t leave errors unaddressed. And don’t hesitate to manually edit transactions that are missing, wrong, or in the wrong order.
Final thoughts?
If you want reliable tax reports and a clear portfolio overview, the Balance Check report is essential. It’s the fastest way to catch and fix issues before they cause bigger reporting problems.