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Drake Tax VS CoinTracking

Compare Drake Tax VS CoinTracking and see what are their differences

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Drake Tax logo Drake Tax

Look here first for tools and resources to get the most out of starting with Drake.

CoinTracking logo CoinTracking

All Coins, all Analyzes, all Calculations, all Charts and all Prices for Bitcoin, Litecoin...
  • Drake Tax Landing page
    Landing page //
    2023-08-06
  • CoinTracking Landing page
    Landing page //
    2023-06-28

Drake Tax videos

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Overview of a tax return done inside Drake tax software

CoinTracking videos

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

Category Popularity

0-100% (relative to Drake Tax and CoinTracking)

Drake Tax

CoinTracking

Finance
100 100%
Finance
0% 0
Cryptocurrencies
0 0%
Cryptocurrencies
100% 100
Business & Commerce
100 100%
Business & Commerce
0% 0
Cryptocurrency Investment
0 0%
Cryptocurrency Investment
100% 100

User comments

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

Drake Tax Reviews

We have no reviews of Drake Tax yet.
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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...
Source: captainaltcoin.com
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

Social recommendations and mentions

Based on our record, CoinTracking seems to be more popular. It has been mentiond 162 times since March 2021. 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.

Drake Tax mentions (0)

We have not tracked any mentions of Drake Tax yet. Tracking of Drake Tax recommendations started around Mar 2021.

CoinTracking mentions (162)

  • Can I see my balance from any past date?
    Https://cointracking.info/ does taxes too. Source: 10 months 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 1 year 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 1 year 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 1 year 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 1 year ago
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What are some alternatives?

When comparing Drake Tax and CoinTracking, you can also consider the following products

GoSystem Tax RS - GoSystem Tax RS has unmatched web-based tax processing power, is scalable to needs, and is available in a secure online environment.

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

CCH - CCH is an all-in-one cloud tax preparing software CCH, providing support for tax filing, tax planning, and tax saving services.

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

UltraTax CS - UltraTax CS is an all-in-one professional tax preparation software that works in a streamlined fashion with work papers and provides seamless document management.

CoinMarketCap - Crypto-currency market capitalizations.

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