Software Alternatives & Reviews

Makara Crypto Baskets VS Coinpanda

Compare Makara Crypto Baskets VS Coinpanda and see what are their differences

Makara Crypto Baskets logo Makara Crypto Baskets

Makara is the first US-regulated cryptocurrency robo-advisor offering crypto investment services in the United States.

Coinpanda logo Coinpanda

Calculate & file tax reports for Bitcoin and cryptocurrencies. Made for traders and investors.
  • Makara Crypto Baskets Landing page
    Landing page //
    2023-01-22
  • Coinpanda Landing page
    Landing page //
    2023-09-19

Coinpanda is the easiest way to calculate and file your taxes for digital currencies. Directly connect all of your exchanges to Coinpanda with API keys, and synchronize your crypto balances and transactions automatically. Gain insight to your trades, and learn how to optimize your profits.

Our platform is built to make cryptocurrency tax calculations simple, automated and painless. Easily review your tax summary, and download tax reports ready to be filed. We support the US, UK, Canada, Germany, Norway and 20+ other countries.

It's 100% free to create account and use all the features: https://app.coinpanda.io/register

Makara Crypto Baskets

Website
makara.com
Pricing URL
-
$ Details
-
Platforms
-
Release Date
-

Coinpanda

$ Details
freemium $49.0 / Annually (Hodler (100 transactions))
Platforms
Browser Web Google Chrome Internet Explorer Firefox Safari
Release Date
2019 January

Makara Crypto Baskets features and specs

No features have been listed yet.

Coinpanda features and specs

  • Easy to Set-up and use: Yes
  • Analytics and Reporting: Yes
  • Clean UI: Yes

Makara Crypto Baskets videos

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Coinpanda videos

CoinPanda Payment Proof | Fast Payments - Earn IT

Category Popularity

0-100% (relative to Makara Crypto Baskets and Coinpanda)
Crypto
33 33%
67% 67
Fintech
11 11%
89% 89
Cryptocurrencies
27 27%
73% 73
Cryptocurrency Investment

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Makara Crypto Baskets and Coinpanda

Makara Crypto Baskets Reviews

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Coinpanda Reviews

  1. Very simple to use

    I am really happy with how easy Coinpanda is. I trade mostly on Coinbase and Binance and I could import all my transactions without issues. Will recommend this product to all crypto traders.

    👍 Pros:    Easy user interface|User-friendly|Great customer support

14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
Coinpanda should be your go-to crypto trading tax solution if you want to start without paying a penny. Its free option is feature-packed and misses only a few that are reserved for the top-of-the-line subscription.
Source: geekflare.com
15 Best Koinly Alternatives 2022
This platform was built after its makers had gone through a series of tax frustrations so the team understands your case very well. With Coinpanda, you’ll save more time downloading your tax reports in a few minutes, minimizing your taxes and maximizing your profits.

Social recommendations and mentions

Based on our record, Coinpanda should be more popular than Makara Crypto Baskets. It has been mentiond 8 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.

Makara Crypto Baskets mentions (4)

  • CTSI Listed on Wealthsimple 🙌
    They are known as a robo advisor but it’s great that it it brings more exposure. I mentioned to Colin - Cartesi COO to try and contact Betterment another robo advisor that recently acquired Makara (https://makara.com). I think it would bring great exposure to more investors. Source: almost 2 years ago
  • Makara: crypto for Bogleheads?
    There's a crypto platform I've played with a little bit called Makara. I have no money with them right now, but they're back in the news after recently agreeing to be purchased by Betterment. It's basically like M1 for crypto. The have different "baskets" of crypto assets, and you can allocate different percentages of your portfolio to the different baskets. Source: about 2 years ago
  • M1 and Crypto - for better or for worse
    M1 should just buy https://makara.com. Source: over 2 years ago
  • Anyone else waiting for a crypto index ETF?
    If you're in the USA, the closest thing we have to a spot crypto ETF/Mutual Fund is a platform called Makara. They provide several thematic baskets that you can mix and match to build your own crypto portfolio. Makara is also registered with the SEC as an investment advisor and Gemini serves as the custodian to your tokens, so I believe they have done all their due diligence to be safe, secure, and compliant. Source: over 2 years ago

Coinpanda mentions (8)

  • Why doesn’t snowtrace csv export show the price at time of txn?
    I was waiting on koinly.io to incorporate Avalanche, but then someone mentioned coinpanda.io. I'm looking into it as an automated transaction compiler for tax purposes. Source: over 2 years ago
  • Calculate P&L for a financial year
    This website has something http://coinpanda.io but it is asking for a lot of money. Source: over 2 years ago
  • I’ve tried crypto tax software so you don’t have to.
    I’ve moved to coin panda next - https://coinpanda.io/ Great selection of exchanges and all sorts of wallets, compliance with both US regulations and EU regulations. But UI/UX was a bit complicated to me compared to Koinly + Koinly was 10$ cheaper for my amount of transactions 😁 Obvious move to Koinly. Source: over 2 years ago
  • Goals & porftolio tracking product
    What I mean is: you have entered your entries + goals for selling coins on futures and spot & set goals that you want to reach with your porftolio? Cointracker.io & https://coinpanda.io/ are great but they don't really give me this possibility, excel or google sheet with some advanced scripts can deal with this issue but nothing else. Feedback is much appreciated! Source: over 2 years ago
  • US tax strategies
    I was reading coinpanda.io musings on how the IRS breaks down staking for "business" vs "hobby". Source: over 2 years ago
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What are some alternatives?

When comparing Makara Crypto Baskets and Coinpanda, you can also consider the following products

Algo - Videos that speak with APIs.

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

CryptoETF - A tool to automatically rebalance your crypto portfolio

ZenLedger - Automated IRS tax calculation & forms for crypto investors

CoinBundle - Invest in crypto portfolios with one click and zero fees

TaxBit - TaxBit is an advanced intelligence-based platform that allows getting the detailed overview of tax reports by interacting with digital cryptocurrency rates like Bitcoin, Ethereum, BlockFi, Coinbase, Gemini, and many more with easy-to-use exchanging …