Software Alternatives, Accelerators & Startups

TaxBit VS Coinbase

Compare TaxBit VS Coinbase and see what are their differences

TaxBit logo 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 …

Coinbase logo Coinbase

Bitcoin, safe and easy.
  • TaxBit Landing page
    Landing page //
    2022-06-01
  • Coinbase Landing page
    Landing page //
    2018-09-30

TaxBit videos

Crypto Tax Tips 2021 — Taxbit Crypto Tax Software Review

More videos:

  • Review - Crypto Taxes Made Simple | Taxbit Review & Interview w/ Austin Woodward

Coinbase videos

Is Coinbase Safe | My Coinbase Review (3 Things YOU NEED To Look For)

More videos:

  • Review - Coinbase Review 2020 - Make That Crypto Money
  • Review - Coinbase App Review - Coinbase Bitcoin Wallet
  • Review - Coinbase Review in 2 minutes (2023 Updated)
  • Review - Coinbase Review: DO NOT Sign Up Until You Watch This! 🤯
  • Review - 📛Why isn't the media telling you this about Coinbase?

Category Popularity

0-100% (relative to TaxBit and Coinbase)
Fintech
100 100%
0% 0
Cryptocurrencies
4 4%
96% 96
Crypto
4 4%
96% 96
Cryptocurrency Exchange
0 0%
100% 100

User comments

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Reviews

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

TaxBit Reviews

Best Cryptocurrency Tax Software: Complete Guide to the Top Options
TaxBit is a popular cryptocurrency tax platform that was designed by a series of tax attorneys and certified public accountants. Over its years of service, the platform has served thousands of users, thanks to its array of features that include a full audit trail, optimized taxes, the ability to claim capital losses, and more.
Source: blockonomi.com
14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
TaxBit is integrated with 500+ crypto exchanges, wallets, and DeFi platforms. This crypto has native support only for taxpayers of the United States. However, the platform states that anyone with similar tax regimes can use it.
Source: geekflare.com
15 Best Koinly Alternatives 2022
TaxBit is a complete tax and accounting solution for your digital assets. It is similar to Koinly, just that it helps you achieve compliance and accuracy while operating at a scale of a Big Four grade self-service solution.

Coinbase Reviews

  1. Coinbase is Love

    One of the main benefits of Coinbase is its extensive security measures, which include offline storage for a majority of the company's cryptocurrency holdings and advanced security measures for online storage. Additionally, Coinbase is licensed and regulated by several financial authorities, which helps to provide users with a certain level of confidence in the security of their funds.


Best Crypto Exchanges in Europe in 2022 (Ranked and Reviewed)
While Coinbase is known for its simplicity, the platform has higher transaction fees than its competitors. Users also tend to complain about its customer service, saying that it is hard to contact other humans, with the service being primarily automated. Finally, Coinbase Europe is not a regulated financial service provider for digital currency services.
6 Best Coinbase Alternatives for 2022
Coinbase opens the door to the world of cryptocurrencies for many investors. It focuses on simplicity, providing easy access to over 100 cryptocurrencies through a well-designed app, where users buy, sell, and exchange crypto with ease.
Best Places to Buy Bitcoin
Coinbase is a large cryptocurrency wallet provider and exchange based in San Francisco. It boasts over 56 million users in over 100 countries, making it a popular choice for cryptocurrency enthusiasts, investors, and traders. Coinbase claims it holds over $223 billion in assets and facilitates more than $335 billion in trade volume each quarter. You can trade dozens of...
Robinhood vs. Coinbase: Which Is Better?
Cryptocurrency is a growing, but volatile market. Even experienced traders should reevaluate their risk level and investment strategy before adding the asset to their portfolio. However, both Robinhood and Coinbase make efforts to appeal to the novice investor. Beginners should feel free to explore their options but stay cautious. Coinbase hasn’t faced the same public...
Source: smartasset.com
Best Online Brokers for Bitcoin Trading
Best Crypto Exchange Founded in June of 2012, Coinbase is the largest US-based cryptocurrency exchange, housing over 20 million users. Coinbase is best known for its easy to use website and crypto trading platform, Coinbase Pro. Coinbase supports 14 different cryptocurrencies for trading, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), among others.

Social recommendations and mentions

Based on our record, Coinbase seems to be a lot more popular than TaxBit. While we know about 454 links to Coinbase, we've tracked only 15 mentions of TaxBit. 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.

TaxBit mentions (15)

  • BlockFi 1099B for Tax Year 2022 has inflated value of Proceeds
    If I use the information generated by TaxBit.com, then will I be audited by the IRS, and if so, which side the IRS will side with? Source: about 1 year ago
  • Tax Forms
    Hi there, thank you for visiting our sub! We unfortunately don't have the option to mail the tax forms, but they can be downloaded and printed out directly from the app. In addition, we don't generate tax forms for your Crypto account, but we do provide the CSV file with all of your transactions for the calendar year. To help with reporting your Crypto gains and losses on your taxes, we've partnered with TAXbit.... Source: about 1 year ago
  • Is it legal for US persons to buy or own $IMX?
    Yes, you can own IMX in the US. Use cointracker.io or https://taxbit.com/ to track your transactions and taxes due for the US. Source: over 1 year ago
  • Monthly subscription Tax company failed to file my taxes on time and forces me to stay paying 6 more months
    That's ridiculous. You should have signed a contract before handing over your files. If you were going to end up filing your taxes by yourself even after hiring their services, don't you think you should have tried tax tools? That could have saved your time, money, and energy. There are a lot of tools out in the market like TaxBit and Cointelli and pretty much easy to use. I can't give any particular advice to you... Source: almost 2 years ago
  • Need Help regarding Crypto Tax
    Hey! This is a great article that breaks down the Crypto Tax as a whole and the current laws in the US. TaxBit makes crypto taxes super easy and they have a free plan option for you to try it out first before downloading your tax forms. I used it this year for my taxes and saved myself so much time! Source: almost 2 years ago
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Coinbase mentions (454)

  • reset password email never shows
    I have been trying to regain access to my account FOR OVER TWO FUCKING YEARS... The website only leads me in circles with no resolution, the reset password email NEVER shows up.. Yes I have checked my spam folder, yes I have searched for @coinbase.com in my emails search bar, yes I have contacted my email service provider whom states they cant even locate the emails being sent... I just need to reset my password... Source: 6 months ago
  • Over $50k was stolen from my account!!!
    Late (2am) on the 26th, I received 3 text messages indicating the BTC (and ETH) being sent from my account are being delayed for security reasons. The text had a link (to a coinbase.com domain) to disable my account by clicking on the link. I did so for all 3 transactions (no login was required as it was a token based string) at around 6am when I saw the texts. Source: 8 months ago
  • Accept Term problem
    I got an e-mail that my account will be discontinued on Sept 25, and I should withdraw my funds. But after log in, I'm stuck on accept term, using app mobile, coinbase.com (firefox, google chrome , and safari) I tried also to connect to VPN but nothing happens. Source: 9 months ago
  • Withdrawing money from Binance in the UK - how?
    I do have an existing Coinbase.com account if that makes any difference? Source: 9 months ago
  • Login to Coinbase not possible: HTTP ERROR 403 after accepting terms
    When trying to login to coinbase.com, I am getting into some troubles. Source: 10 months ago
View more

What are some alternatives?

When comparing TaxBit and Coinbase, you can also consider the following products

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

Binance - Cryptocurrencies exchange platform

Coinpanda - Calculate & file tax reports for Bitcoin and cryptocurrencies. Made for traders and investors.

Bitfinex - Bitfinex is the largest and most advanced crypto-currencies trading platform.

ZenLedger - Automated IRS tax calculation & forms for crypto investors

Exodus.io - All-in-one app to secure, manage and exchange blockchain assets.