Software Alternatives & Reviews

Makara Crypto Baskets VS TokenTax

Compare Makara Crypto Baskets VS TokenTax 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.

TokenTax logo TokenTax

Crypto taxes made easy. TurboTax for cryptocurrency.
  • Makara Crypto Baskets Landing page
    Landing page //
    2023-01-22
  • TokenTax Landing page
    Landing page //
    2023-05-07

Makara Crypto Baskets 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 Makara Crypto Baskets and TokenTax)
Crypto
23 23%
77% 77
Fintech
6 6%
94% 94
Cryptocurrencies
22 22%
78% 78
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 TokenTax

Makara Crypto Baskets 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

Based on our record, TokenTax should be more popular than Makara Crypto Baskets. It has been mentiond 23 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

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: over 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
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What are some alternatives?

When comparing Makara Crypto Baskets and TokenTax, 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

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

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

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