Software Alternatives, Accelerators & Startups

ZenLedger VS Formsify

Compare ZenLedger VS Formsify and see what are their differences

ZenLedger logo ZenLedger

Automated IRS tax calculation & forms for crypto investors

Formsify logo Formsify

Let's Create Better Forms!
  • 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

  • Formsify Landing page
    Landing page //
    2022-08-25

๐Ÿ“Œ The Problem ๐Ÿ’ข Currently available "Online Survey Services" (Google Forms, TypeForms, etc.) are Centralized, Trust-Based & Dependent. - If they go down, your data goes too. ๐Ÿ˜Ÿ - You cannot interact with your forms without them. ๐Ÿ‘€ - There is no way to actually verify or make sure that your form data was unaltered. ๐Ÿค”

๐Ÿ’ฏ The Solution ๐Ÿ‘‰ Formsify helps in creating Decentralized, Trustless & Distributed forms by giving each form their own digital identity in terms of smart contract and storing them on-chain. - Since forms are decentralized, even if we go down, you can still access your data. ๐Ÿ“‹ - Your forms can be independently interacted with and you actually don't need us to fill the forms. ๐Ÿค - Entire form history is recorded on-chain. Therefore, your forms will always remain unbiased as well as unalterable. โœ…

๐Ÿ” Added Advantages of Formsify Forms over Web2 Forms - Captcha-Free: Since each form is backed by gas, your forms are infeasible to be spammed by bots. ๐Ÿ˜Ž - Self-Reliant: Forms have their own digital identity. So even if we shut down our site and run away tomorrow, you can still access your forms, even on Mars (provided, you got a blockchain node running over there). ๐Ÿง - Immutable: Well, it will take 10^24 (Septillion) years for anyone to hack and alter your Formsify forms, we mean it. ๐Ÿ™‚

๐Ÿ‘‰ Formsify aims to revolutionize the working of "Online Survey Services", in order to create better versions of forms which are empowered by Web3.

ZenLedger

$ Details
freemium $69 / Annually ("Hobbyist", "Up to 100 Transactions", "Up to $15K asset value")
Platforms
Browser Web Internet Explorer Google Chrome
Release Date
2017 January

Formsify

Pricing URL
-
$ Details
free
Platforms
Web
Release Date
2022 August

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.

Formsify features and specs

  • Decentralizaed
  • Trustless
  • Distributed
  • Captcha-Free
  • Self-Reliant
  • Immutable
  • Independent

Analysis of Formsify

Overall verdict

  • I don't have verified information about Formsify (formsify.vercel.app) since it appears to be a small or niche project hosted on Vercel, and I cannot access real-time data to confirm its current features, reliability, or user reviews.

Why this product is good

  • Unable to verify functionality without direct access to current site content
  • Vercel-hosted apps can range from student projects to production-ready tools, making quality hard to assess without testing
  • No independent reviews or established reputation found in available knowledge

Recommended for

  • Users willing to test the tool directly and evaluate it themselves
  • Developers looking for lightweight form-building tools who don't mind trying beta or indie projects
  • Those who should verify security, data privacy, and uptime before using it for important or sensitive forms

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

Formsify videos

Formsify | Let's Create Better Forms

Category Popularity

0-100% (relative to ZenLedger and Formsify)
Fintech
100 100%
0% 0
Blockchain
0 0%
100% 100
Crypto
100 100%
0% 0
Forms And Surveys
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 ZenLedger and Formsify

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
Itโ€™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.

Formsify Reviews

  1. totally op

    worth it

Social recommendations and mentions

Based on our record, ZenLedger seems to be more popular. It has been mentiond 5 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.

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: over 4 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 4 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: almost 5 years ago
  • I made a mistake and didnโ€™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: almost 5 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: about 5 years ago

Formsify mentions (0)

We have not tracked any mentions of Formsify yet. Tracking of Formsify recommendations started around Aug 2022.

What are some alternatives?

When comparing ZenLedger and Formsify, you can also consider the following products

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

Google Forms - Simple web forms from Google.

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

Typeform - Create beautiful, next-generation online forms with Typeform, the form & survey builder that makes asking questions easy & human on any device. Try it FREE!

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

Jotform - Free Online Form Builder & Form Creator