EveryTrade VS CryptoTrader.Tax

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

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CryptoTrader.Tax

Tax software for cryptocurrency

Landing page //
2023-03-10

Landing page //
2023-09-26

EveryTrade

Website: everytrade.io
Pricing URL: -

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CryptoTrader.Tax

Website: cryptotrader.tax
Pricing URL: Official CryptoTrader.Tax Pricing

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EveryTrade features and specs

No features have been listed yet.

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.

Analysis of CryptoTrader.Tax

Overall verdict

CryptoTrader.Tax is generally seen as a reliable and efficient tool for cryptocurrency tax reporting, especially for users who trade across multiple platforms and need to ensure compliance with tax regulations. Its ease of use and the accuracy of its reports make it a solid choice for both novice and experienced cryptocurrency traders.

Why this product is good

CryptoTrader.Tax is considered a good option for many users due to its user-friendly interface, comprehensive support for multiple cryptocurrency exchanges, and its ability to generate accurate tax reports for cryptocurrency transactions. It simplifies the complex process of tax reporting by allowing users to import their trading data directly from exchanges and providing detailed reports that align with IRS guidelines.

Recommended for

Cryptocurrency traders who want an easy-to-use solution for tax reporting.
Individuals who trade on multiple exchanges and need consolidated tax reports.
Traders looking for a tool that complies with IRS guidelines for cryptocurrency taxes.
Users who prefer a streamlined solution with customer support and integration with major exchanges.

EveryTrade videos

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CryptoTrader.Tax videos

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CryptoTrader.Tax Demo - How to file your crypto taxes

Category Popularity

0-100% (relative to EveryTrade and CryptoTrader.Tax)

CryptoTrader.Tax

Crypto

8 8%

Crypto

92% 92

Cryptocurrencies

7 7%

Cryptocurrencies

93% 93

Fintech

9 9%

Fintech

91% 91

Web App

100 100%

Web App

0% 0

User comments

Share your experience with using EveryTrade and CryptoTrader.Tax. For example, how are they different and which one is better?

Reviews

These are some of the external sources and on-site user reviews we've used to compare EveryTrade and CryptoTrader.Tax

EveryTrade Reviews

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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 a lot more popular than EveryTrade. While we know about 170 links to CryptoTrader.Tax, we've tracked only 1 mention of EveryTrade. 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.

EveryTrade mentions (1)

In consideration of this cycle approaching its ATH, a few lessons i learned 2014/2017. Or, how not to burn your money.
It looks like an ad but I am using everytrade.io ... There will be plenty similar websites I guess. It's a chore to write up every trade but I think it has handy export feature. Some tax offices can it handle for you. Source: almost 4 years ago

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