Software Alternatives, Accelerators & Startups

CoinTracking VS CryptoTrader.Tax

Compare CoinTracking VS CryptoTrader.Tax and see what are their differences

CoinTracking logo CoinTracking

All Coins, all Analyzes, all Calculations, all Charts and all Prices for Bitcoin, Litecoin...

CryptoTrader.Tax logo CryptoTrader.Tax

Tax software for cryptocurrency
  • CoinTracking Landing page
    Landing page //
    2023-06-28
  • CryptoTrader.Tax Landing page
    Landing page //
    2023-09-26

CoinTracking features and specs

  • Comprehensive Tracking
    CoinTracking supports tracking for over 20,000 different cryptocurrencies and tokens, providing a wide range of coverage for diverse portfolios.
  • Detailed Reports
    Generates detailed reports for tax purposes, helping users to stay compliant with local regulations and easily file their crypto taxes.
  • Real-Time Data
    Offers real-time updates on portfolio value, allowing investors to make timely decisions based on the latest market data.
  • API Integrations
    Supports API integrations with numerous exchanges and wallets, facilitating automatic import of transaction data.
  • Mobile Accessibility
    Provides a mobile app, enabling users to keep track of their cryptocurrency portfolio and investment performance on the go.
  • Security Features
    Implements advanced security measures like two-factor authentication (2FA) to protect user data and accounts.

Possible disadvantages of CoinTracking

  • Cost
    The full range of features is only available in the paid plans, which might be expensive for some users.
  • Complexity
    The platform can be overwhelming for beginners due to its wide array of features and detailed interface.
  • API Integration Issues
    Some users experience occasional difficulties with API integrations, leading to issues with transaction imports.
  • Customer Support
    Customer support can be slow at times, potentially frustrating users who need quick assistance.

CryptoTrader.Tax features and specs

  • Easy Import
    CryptoTrader.Tax supports imports from numerous cryptocurrency exchanges, making it convenient to gather all transaction data.
  • User-Friendly Interface
    The platform offers an intuitive design that simplifies tax reporting for users, even those who may not be tech-savvy.
  • Accurate Calculations
    The software provides precise tax reports by automatically calculating capital gains, losses, and income from crypto transactions.
  • Support for Multiple Countries
    Offers support for tax reporting in several countries, making it suitable for international users.
  • Integration with Tax Software
    Can be integrated with popular tax software like TurboTax, which allows for seamless transfer of tax data.

Possible disadvantages of CryptoTrader.Tax

  • Cost
    While it offers various pricing tiers, some users may find the cost to be high, especially for advanced features.
  • Limited Free Trial
    The free trial offers limited functionality, making it difficult for users to fully evaluate the platform without committing.
  • Complex Transactions
    For users engaging in highly complex transactions, it may not account for every unique scenario, requiring manual adjustments.
  • Privacy Concerns
    Since financial data is sensitive, some users may be uneasy about sharing their transaction information with a third-party service.
  • Customer Support
    While it offers customer support, response times can occasionally be longer than desired, which may be an issue for users needing prompt assistance.

CoinTracking videos

Cointracking Review - Track Crypto Portfolio and Taxes - Should You Get?!

CryptoTrader.Tax videos

CryptoTrader.Tax Demo - How to file your crypto taxes

More videos:

  • Demo - How to do your crypto taxes - CryptoTrader.Tax Demo (2019)

Category Popularity

0-100% (relative to CoinTracking and CryptoTrader.Tax)
Cryptocurrencies
70 70%
30% 30
Fintech
60 60%
40% 40
Crypto
54 54%
46% 46
Cryptocurrency Investment

User comments

Share your experience with using CoinTracking and CryptoTrader.Tax. 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 CoinTracking and CryptoTrader.Tax

CoinTracking Reviews

Best Cryptocurrency Tax Software: Complete Guide to the Top Options
CoinTracking aims to help out traders and investors, through an all-inclusive chart history for over 7,000 coins, updated prices, coin statistics, trends, volumes and analyses. In fact, professional help is also provided, as the platform collaborates with numerous CPAs, and full-service experts, whose services can be utilized for accurate tax reporting.
Source: blockonomi.com
Best Cryptocurrency Portfolio Trackers 2021 – Altcoin Management Apps
If you are just starting and planning to devote your time into investment and trading of digital currencies, I would recommend CoinTracking. You can trade with more than 100 cryptocurrencies and it helps you with the calculation of taxes. And in addition to that, it shows your profit and loss. With all the data available with CoinTracking you can make daily trading decision...
Blockfolio Alternatives: Best Portfolio Apps Similar to Blockfolio
Cointracking is a company that helps cryptocurrency traders in different countries with filing their taxes. However, the firm also offers a traditional cryptocurrency portfolio app that provides similar functionality to the rest of the apps covered in this article. The Cointracking app supports over 4,000 different cryptocurrencies.
Source: coincodex.com

CryptoTrader.Tax Reviews

Best Cryptocurrency Tax Software: Complete Guide to the Top Options
At this point in time, this platform represents one of the market’s most popular choices, given the fact that it provides cryptocurrency traders and investors with a lightning fast method of calculating their capital gains, losses, and owed taxes. CryptoTrader.Tax promises up-to-date legislation and tax forms, in an effort to ensure that all clients can accurately calculate...
Source: blockonomi.com

Social recommendations and mentions

CryptoTrader.Tax might be a bit more popular than CoinTracking. We know about 170 links to it since March 2021 and only 162 links to CoinTracking. 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.

CoinTracking mentions (162)

  • Can I see my balance from any past date?
    Https://cointracking.info/ does taxes too. Source: almost 2 years ago
  • Received $20,000 tax bill
    Upload your entire wallet history to cointracking.info. It's what we recommend to our clients and it'll produce mostly accurate tax forms. If you've been doing any "advanced crypto shenanigans" it won't get those right, but for basic trades and exchanges, it'll be good. Source: about 2 years ago
  • Crypto tax software
    I've been using cointracking.info since 2017 and have been happy with it. Use it for both crypto and nfts and it works great. You can use my referral to get 10% off too: https://cointracking.info?ref=P584886. Source: about 2 years ago
  • Rolling up transactions for Taxes
    You can use fairspot to generate a csv to import into https://cointracking.info/. Has good reporting and can get tax forms for your country. Source: about 2 years ago
  • Defi Crypto taxes
    For the past two years, I've been using CoinTracking (https://cointracking.info/). Of course, it has its own drawbacks and learning curve for defi, but if you have most of your transactions on the main EVM chains (Avalanche, Fantom, Arbitrum, and of course Ethereum), they've gotten better at importing LPs and yield farming over the years. Source: about 2 years ago
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CryptoTrader.Tax mentions (170)

  • WTF is this waiting period to send crypto?
    Exodus can produce a API file that you can download into cryptotrader.tax. That's what I do and it reports every trade and staking rewards. I have been doing this for 2 consecutive years and it works great! Source: almost 3 years ago
  • Crypto Tax Tools not working with Nexo
    Did you try cryptotrader.tax. They recently changed their name to Coin Ledger. I was able to pull the cvs that I needed from Nexo and just load them in. In fact you can load all the exchanges and this software will figure it out the cost basis for you. I would not attempt to do it manually. Source: about 3 years ago
  • Capital gains
    Got the 8949 from cryptotrader.tax. It gave me the list of trades I did with gains and losses. Source: about 3 years ago
  • Woot! Got approved for a irs and state extension using FreeTaxUSA :) NEVER USING TURBO-TAX AGAIN didn't get anything back from them about an extension.
    Oh also found out about cryptotrader.tax it's been a lifesaver. What I was using before made it seems like I made some insane amount in crypto when there was no way I did. This got everything looking right and did all the math for me. Bit pricy ($100 to get the final info) but well worth the math help using it. So one more tool to get correct info I need to file :). Source: about 3 years ago
  • Taxes…what a headache
    Sorry, it was cryptotrader.tax , It took all my trades from all of my 6 applications I use and basically summarized my gains/losses. Source: about 3 years ago
View more

What are some alternatives?

When comparing CoinTracking and CryptoTrader.Tax, 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

CryptoCompare - We bring you all the latest streaming pricing data in the world of cryptocurrencies.

TokenTax - Crypto taxes made easy. TurboTax for cryptocurrency.

CoinMarketCap - Crypto-currency market capitalizations.

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