Software Alternatives, Accelerators & Startups

Santiment.net VS ZenLedger

Compare Santiment.net VS ZenLedger and see what are their differences

Santiment.net logo Santiment.net

Your one-stop source for clarity in crypto. Track assets and spot trends using the most comprehensive on-chain, social and development data available.

ZenLedger logo ZenLedger

Automated IRS tax calculation & forms for crypto investors
  • Santiment.net Landing page
    Landing page //
    2023-08-22
  • ZenLedger Landing page
    Landing page //
    2023-09-20

Track your crypto taxes like a pro. Know what you might pay in advance. Gain peace of mind! ZenLedger enables you to import transactions, calculate gains and income, and see your potential taxes as you go through the year. Gain peace of mind knowing the tax implications of your trades and holdings. Auto-fill IRS forms 8949, Schedule D, FinCen114 & FBAR.


ZenLedger helps cryptocurrency investors in any country with their tax prep and portfolio management. We create a master ledger for you and your CPA.

GET STARTED FOR FREE: https://app.zenledger.io/get_started

ZenLedger

$ Details
freemium $69.0 / Annually ("Hobbyist", "Up to 100 Transactions", "Up to $15K asset value")
Platforms
Browser Web Internet Explorer Google Chrome
Release Date
2017 January

Santiment.net features and specs

  • Comprehensive Data Analytics
    Santiment offers a wide range of metrics and analytics tools to help users gain insights into cryptocurrency market trends, on-chain activity, and social media sentiment.
  • Behavior Analysis Tools
    The platform provides behavior analysis tools that allow traders and investors to understand market psychology and behavior better, which can be useful for market predictions and decision-making.
  • Community Insights
    Santiment includes insights from its active community, offering diverse opinions and analyses from various experienced market participants.
  • API Access
    Santiment offers API access for developers, enabling them to integrate and utilize data in their own applications or for more advanced custom analysis.
  • Educational Resources
    The platform provides educational articles, webinars, and tutorials, helping users understand how to navigate the tool and utilize the data effectively.

Possible disadvantages of Santiment.net

  • Subscription Cost
    Some of Santiment's more advanced features and comprehensive data sets require a paid subscription, which may be a barrier for individual investors with limited budgets.
  • Complexity
    The vast array of tools and data can be overwhelming for beginners or those not experienced in data analytics, requiring a learning curve to use effectively.
  • Data Overload
    With extensive data available, users might experience information overload, making it difficult to focus on the most relevant metrics without prior expertise or strong filtering skills.
  • Dependency on Algorithms
    The platform relies on algorithms for data analysis, which means its insights and predictions are only as good as the models and assumptions underlying these algorithms, potentially leading to inaccuracies.
  • Market Exclusivity
    Santiment is focused exclusively on cryptocurrency markets, so its utility is limited for users interested in traditional financial markets or diverse asset classes.

ZenLedger features and specs

  • Comprehensive Integration
    ZenLedger supports a wide range of cryptocurrency exchanges and wallets, allowing users to easily import and track their crypto transactions.
  • User-Friendly Interface
    The platform offers an intuitive interface making it accessible for both novice and experienced users to navigate and manage their crypto taxes efficiently.
  • Tax Report Generation
    ZenLedger automatically generates various tax documents, such as capital gains reports and income statements, which simplify the tax filing process for users.
  • Customer Support
    Users have access to robust customer support, including helpful resources and a responsive team to assist with issues or questions.
  • Data Security
    ZenLedger emphasizes data security, ensuring that user data is encrypted and protected with industry-standard security measures.

Possible disadvantages of ZenLedger

  • Pricing
    ZenLedger's pricing plans can be relatively expensive for users with a high volume of transactions, potentially making it less accessible for small investors.
  • Learning Curve
    Despite its user-friendly design, there can still be a learning curve for users unfamiliar with tax software or cryptocurrency bookkeeping.
  • Feature Limitations
    Some advanced features and detailed reporting tools may be limited to higher-tier plans, possibly restricting access for users on basic plans.
  • Transaction Limit
    Certain pricing plans may restrict the number of transactions that can be processed, which might require users exceeding those limits to pay for a higher-tier plan.
  • Occasional Bugs
    Users have reported occasional bugs and glitches in the software, which can affect the overall experience and functionality of the platform.

Santiment.net videos

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ZenLedger videos

HOW TO PAY CRYPTO TAXES USING ZENLEDGER

More videos:

  • Review - Crypto Taxes: Easy Cryptocurrency Tax Prep with ZenLedger!
  • Tutorial - How to use ZenLedger.io crypto tax tool

Category Popularity

0-100% (relative to Santiment.net and ZenLedger)
Crypto
27 27%
73% 73
Fintech
11 11%
89% 89
Cryptocurrency Investment
Cryptocurrencies
15 15%
85% 85

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Santiment.net and ZenLedger

Santiment.net Reviews

We have no reviews of Santiment.net yet.
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ZenLedger Reviews

Best Cryptocurrency Tax Software: Complete Guide to the Top Options
Many people often vouch for ZenLedger as one of the fastest and friendliest tax tools for cryptocurrency traders, investors, and accountants. The website is well-known for its broad coverage, multiple currency/exchange support, IRS friendly integrations, and multiple payment plans. A unique aspect about ZenLedger is its personalized tax service, as the platform facilitates...
Source: blockonomi.com
14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
It’s compatible with HIFO, LIFO & FIFO reporting methods. You can have unlimited exchange platforms with ZenLedger. In addition, it lets you report a variety of crypto income, including DeFi, NFTs, staking, donations, mining, etc.
Source: geekflare.com
15 Best Koinly Alternatives 2022
ZenLedger is a crypto tax tool that can work perfectly in the place of Koinly. ZenLedger saves you the unsettling stress of calculating crypto taxes for thousands of transactions in three simple ways.

Social recommendations and mentions

Based on our record, Santiment.net should be more popular than ZenLedger. 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.

Santiment.net mentions (8)

  • Bitcoin and Ethereum Achieved Largest Profit Transactions as per Santiment
    According to the ratio of on-chain transaction volume in profit to loss, there is a growing interest in cryptocurrencies at current prices. The fact that trades were carried out when a position was profitable or losing is also shown. Latest Santiment research suggests an increase in the number of crypto traders interested in both Bitcoin and Ethereum. According to CoinMarketCap, the Bitcoin price today is... Source: about 3 years ago
  • Addresses With 1,000 to 10,000 Bitcoin (BTC) Have Grown By 8.3%
    Since the war between Russia and Ukraine erupted, whale behavior involving the most renowned cryptocurrency was something to keep an eye on. There was an 8.3 percent increase in the number of coins in wallets containing 1,000 to 10,000 BTC since the Russia-Ukraine conflict, according to Santiment. Source: about 3 years ago
  • (Alt)coin and NFT analytic tools
    Https://santiment.net/ - Requires subscription. Creating graphs for analytics is very easy. Not sure if the indicators are all as useful. No NFT collections and limited crypto. Source: over 3 years ago
  • Cardano was the most-developed crypto on Github in 2021, study finds
    Here's an example of a similar chart also sourced by santiment.net which directly uses commits and is titled the same way. Source: over 3 years ago
  • Sentiment Analysis
    For understanding social sentiment surrounding Altcoins, these resources can be used https://santiment.net or https://lunarcrush.com/markets?rpp=50 both of which can be powerful resources. Source: almost 4 years ago
View more

ZenLedger mentions (5)

  • If you are mining as a company (LLC in my case) How are you guys/gals paying yourself from your mining profits? I want to just send to my Coinbase and cash some tendies.
    I have an exchange account for both the business and personal. I keep both accounts separate, which is a little annoying. All coins are mined into software wallets that I move weekly to the exchange. (This is to avoid burning up hardware wallets that don't like complex transactions). I also use two zenledger.io accounts (one for each business and personal) to track taxes/mining/sales/etc... Currently selling a... Source: about 3 years ago
  • ZenLedger For Taxes
    Anyone used https://zenledger.io for tax reporting? Started using it yesterday - it was recommended by Bankless. Looks great so far. Source: over 3 years ago
  • Hey guys, question about return %
    You'll need to import your data into something like zenledger.io to see your gains/loses. Or else you'll have to keep track of it with a spreadsheet. Source: over 3 years ago
  • I made a mistake and didn’t realize the seriousness of tax. Any help would be appreciated.
    Look for a service where you can sync your wallets and generate the forms and transaction lists. not sure if these handle your wallet(s) but koinly.io and zenledger.io are a couple of them. Source: over 3 years ago
  • Crypto tax software recommendation
    We always recommend bitcoin.tax or zenledger.io. However, no software (to my knowledge) will properly report income like staking rewards automatically--you have to mark those transactions as income yourself. They don't always play nice with wallets, either. Source: almost 4 years ago

What are some alternatives?

When comparing Santiment.net and ZenLedger, you can also consider the following products

Next Pump - Find what Cryptos are trending on Google now

TokenTax - Crypto taxes made easy. TurboTax for cryptocurrency.

LunarCrush - Social Intelligence for Crypto. Make informed investment decisions by harnessing the power of real-time social insights and market metrics.

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

TradingView - The best charting tool for crypto and stocks

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 …