Software Alternatives & Reviews

Loanscan VS TokenTax

Compare Loanscan VS TokenTax and see what are their differences

Loanscan logo Loanscan

The Ethereum loan explorer

TokenTax logo TokenTax

Crypto taxes made easy. TurboTax for cryptocurrency.
  • Loanscan Landing page
    Landing page //
    2021-10-02
  • TokenTax Landing page
    Landing page //
    2023-05-07

Loanscan videos

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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 Loanscan and TokenTax)
Fintech
14 14%
86% 86
Cryptocurrencies
10 10%
90% 90
Crypto
8 8%
92% 92
Finance
26 26%
74% 74

User comments

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Reviews

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

Loanscan Reviews

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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 Loanscan. We know about 23 links to it since March 2021 and only 17 links to Loanscan. 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.

Loanscan mentions (17)

  • Best lifehacks in crypto that beginners should know about
    It depends on what you are lending. I found this website where it shows you the highest lending rates for stablecoins https://loanscan.io/. Source: over 2 years ago
  • Daily General Discussion - December 31, 2021
    The average DeFi yield on ETH is less than 2% according to https://loanscan.io/ ... 30% is too good to be true (or with some serious risk attached). Source: over 2 years ago
  • Daily General Discussion - October 27, 2021
    Depends your degen level. 8.04% on DYDX, 6% on Yearn, 5.55% on AAVE. Or a lot more in Yield farming. https://loanscan.io/ provides non-degen rates. Source: over 2 years ago
  • Daily General Discussion - September 30, 2021
    Is there a loanscan.io equivalent for Layer 2's and sidechains? Source: over 2 years ago
  • Let‘s talk numbers and expectations
    To be fair, this only compares the special offer on the first BTC of some competitor against the best yields available at SB with Genesis Premium. However, even *if you compare the base yields, the competition offers around 4.5% yield on BTC ON AVERAGE, more than 4x the base yield at Swissborg. * You can see it at Loanscan, SB themselves refer to them for comparison. The only ones worse than SB are Bitfinex (yes,... Source: over 2 years ago
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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: about 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 Loanscan and TokenTax, you can also consider the following products

FunderHunt - Easy small business loans with $0 broker fee

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

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

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

Zapper.fi - A simple dashboard for DeFi. Easily track and visualize all your DeFi assets and liabilities in one simple interface.

ZenLedger - Automated IRS tax calculation & forms for crypto investors