RaccoinCrypto Portfolio and Tax Reports for Windows

What Raccoin Is and Who Needs It

Raccoin is a desktop tool that brings together two jobs many crypto holders find tedious: keeping track of a portfolio and preparing the numbers needed for a tax return. Instead of exporting spreadsheets from several exchanges and wallets and merging them by hand, you import the histories and let the program organize them.

The most natural users are people who trade or hold crypto across multiple platforms and live in a country where capital gains are taxed. A typical example is someone who bought Bitcoin on one exchange, moved part of it to a desktop wallet, and sold some of it on another platform during the year. Without a combined view, reconstructing that trail at tax time is slow and error-prone.

Raccoin is also suited to people who simply want to understand their own history. Seeing every purchase, sale and transfer in one timeline often reveals fees, duplicated transfers or gaps that would otherwise go unnoticed. The tool does not decide what you should do with your holdings, but it makes past activity easier to read.

How FIFO Shapes Capital Gains Results

FIFO stands for first in, first out. Under this method, when you sell part of a holding, the units you acquired earliest are treated as the ones sold. This is the method Raccoin currently uses, and it determines which purchase price is matched against each sale.

Consider a simple case. You buy one unit in January at one price, buy another unit in March at a higher price, and sell one unit in June. Under FIFO, the January purchase is matched with the June sale. The gain or loss is calculated from that older cost basis, not from the March purchase. Had the March unit been the one sold, the result would be different.

The method matters because the same set of trades can produce different reported gains depending on how lots are matched. This is why the choice of calculation method belongs in the planning stage, not after you have already filed. If your jurisdiction requires a different approach, you should confirm how Raccoin handles it before relying on its output.

Why Open Source Matters for a Tax Tool

Tax software is only as trustworthy as its calculations, and open source makes those calculations visible. Under the GPL-3.0 license, the code is available to read, and changes you make must remain open under the same terms if you distribute them. That makes it possible for an accountant or a technically inclined user to check how a figure was produced.

Openness also means the program can grow beyond its original scope. Raccoin is written in Rust, and the license allows anyone to modify it for their own needs. A user whose local tax rules differ from the current EUR and FIFO setup could, in principle, adapt the logic rather than waiting for a feature request to be accepted.

That flexibility comes with a responsibility. Modifying a tax calculator requires testing against known examples, and a small mistake in a calculation can have real consequences. Most readers will simply use the official build, but knowing that the source is available gives a useful level of transparency.

Supported coins

The documentation names Bitcoin (BTC), Ethereum (ETH), Stellar (XLM) and Peercoin as supported coins and networks, and Trezor is referenced as a hardware wallet. Coverage is tied to these named assets and to the platforms in the import list, so compare your own holdings against that scope before you rely on the reports for a full tax year.