Software Alternatives, Accelerators & Startups

CoinLedger VS TokenTax

Compare CoinLedger VS TokenTax and see what are their differences

CoinLedger logo CoinLedger

Filing your crypto taxes has never been easier!

TokenTax logo TokenTax

Crypto taxes made easy. TurboTax for cryptocurrency.
  • CoinLedger Landing page
    Landing page //
    2023-10-02
  • TokenTax Landing page
    Landing page //
    2023-05-07

CoinLedger videos

Crypto Tax Reporting (Made Easy!) - CryptoTrader.tax / CoinLedger.io - Full Review!

More videos:

  • Review - Coinledger Review Is it Easiest For Beginners
  • Review - BEAT THE IRS! (CoinLedger CHANGES The Game For Crypto Taxes)

TokenTax videos

How TokenTax works! Crypto Taxes in 2020

More videos:

  • Review - Automating Crypto Taxes And Harvesting Losses With Zac McClure TokenTax
  • Review - TokenTax: Cryptocurrency Taxes Made Easy

Category Popularity

0-100% (relative to CoinLedger and TokenTax)
Crypto
27 27%
73% 73
Fintech
18 18%
82% 82
Cryptocurrencies
30 30%
70% 70
Finance
28 28%
72% 72

User comments

Share your experience with using CoinLedger and TokenTax. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare CoinLedger and TokenTax

CoinLedger Reviews

14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
CoinLedger started exclusively for the United States. Eventually, it added support for Australian users, and now anyone can use this platform if their country supports either FIFO, HIFO, or LIFO reporting methods.
Source: geekflare.com
15 Best Koinly Alternatives 2022
Similar to Koinly, CoinLedger integrates with your favorite platforms for you to import your transactions. So, whether you are trading, buying NFTs, or earning interest, CoinLedger comes in handy.

TokenTax Reviews

14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
That being said, the interface is intuitive. You can integrate many exchanges with API keys. Besides, TokenTax also permits manual entry/CSV upload of transaction data.
Source: geekflare.com
15 Best Koinly Alternatives 2022
TokenTax is user-centered, and at every pricing tier, you get live chat support from its product experts, who are friendly, knowledgeable, and well-rounded.

Social recommendations and mentions

TokenTax might be a bit more popular than CoinLedger. We know about 23 links to it since March 2021 and only 20 links to CoinLedger. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

CoinLedger mentions (20)

  • Minimizing tax’s on crypto
    An easier way to minimize your crypto taxes is to use a good software like coinledger that can automatically detect and capitalize on tax savings opportunities for you based on your transaction history. Source: 10 months ago
  • 1099-B help
    Maybe https://coinledger.io/ can help. It'll go through the transactions to determine what actual gain / loss is. Source: about 1 year ago
  • PSA: Moving crypto between wallets is not taxable!
    If you’re having trouble with this or you just have a fuckton of transactions, you can use crypto tax software (like CoinLedger, CoinTracker, or whatever other option you choose) to calculate your gains and losses across all your wallets and exchanges. Source: about 1 year ago
  • Things to keep in mind before the tax deadline
    In cases like these, you might want to get started with crypto tax software that can integrate with your wallets and exchanges and pull the information you need to file your taxes automatically. There are tons of good options out there (CoinLedger, CoinTracker, and many more). Source: about 1 year ago
  • Tax season facts: Tax-free transactions & how to save money!
    When you keep records of the original purchase price, you’ll be able to track your capital gain or loss much easier. But let’s be honest, tracking all your Ethereum transactions takes serious time and effort. If you're too lazy to do this, one alternative is to track them through crypto tax software like CoinLedger, CoinTracker, or whatever else is out there now. Source: about 1 year ago
View more

TokenTax mentions (23)

  • Anyone recommend decent transaction software for SmartBCH (US)?
    Have you checked out TokenTax? https://tokentax.co/. Source: about 2 years ago
  • Kucoin API & CSV records are missing transactions, tax authority requires complete tx record
    I hear https://tokentax.co/ has one of the better software based reconciliation programs. There are others but would be a good place to start. Source: about 2 years ago
  • Taxes
    I've heard good things about Token Tax but I haven't used them yet. You might want to check them out... https://tokentax.co/. Source: over 2 years ago
  • Tax software for tracking Celsius loans and locked collateral?
    You could try Taxbit.com, or tokentax.co. Not sure if they do what you need but just pointing out other services. Source: over 2 years ago
  • Online crypto tax tool compliant with NZ?
    I use https://zapper.fi alot and they are suggesting to use https://tokentax.co/ which I haven't tried yet. Source: over 2 years ago
View more

What are some alternatives?

When comparing CoinLedger and TokenTax, you can also consider the following products

Koinly - Koinly is the easiest way to monitor your crypto activity & file your taxes.

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

Coinpanda - Calculate & file tax reports for Bitcoin and cryptocurrencies. Made for traders and investors.

Blockpit - Keep track of your crypto portfolio & taxes in one place

TaxBit - TaxBit is an advanced intelligence-based platform that allows getting the detailed overview of tax reports by interacting with digital cryptocurrency rates like Bitcoin, Ethereum, BlockFi, Coinbase, Gemini, and many more with easy-to-use exchanging …

Crypto Tax Calculator - Making your crypto taxes easier with support for over 600 integrations. Covers NFTs, DeFi & DEX trading. Backed by AirTree Ventures, Coinbase Ventures and 20VC.