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Drake Tax VS CryptoTrader.Tax

Compare Drake Tax VS CryptoTrader.Tax 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.

CryptoTrader.Tax logo CryptoTrader.Tax

Tax software for cryptocurrency
  • Drake Tax Landing page
    Landing page //
    2023-08-06
  • CryptoTrader.Tax Landing page
    Landing page //
    2023-09-26

Drake Tax videos

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Overview of a tax return done inside Drake tax software

CryptoTrader.Tax videos

+ Add

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 Drake Tax and CryptoTrader.Tax)

Drake Tax

CryptoTrader.Tax

Finance
71 71%
Finance
29% 29
Cryptocurrencies
0 0%
Cryptocurrencies
100% 100
Business & Commerce
100 100%
Business & Commerce
0% 0
Crypto
0 0%
Crypto
100% 100

User comments

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

Drake Tax Reviews

We have no reviews of Drake Tax yet.
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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

Based on our record, CryptoTrader.Tax seems to be more popular. It has been mentiond 170 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.

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 2 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 2 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 2 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 2 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 2 years ago
View more

What are some alternatives?

When comparing Drake Tax and CryptoTrader.Tax, 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.

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

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.

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

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