CoinLedger vs Coinpanda

CoinLedger is a web service for tracking cryptocurrency portfolios and preparing tax reports. Portfolio tracking is free, and the service supports historical data for more than 20,000 cryptocurrencies. Users can import records through read-only exchange APIs, CSV or custom CSV files, and public wallet addresses; CoinLedger lists more than 1,000 integrations for wallets, exchanges, blockchains, and DeFi platforms. Tax calculations include FIFO, LIFO, HIFO, and Adjusted Cost methods. Reports include IRS Form 8949, income, capital gains, and audit trails, and the service supports importing capital gains and losses into TurboTax, TaxACT, H&R Block Desktop, and TaxSlayer. DeFi and NFT activity are supported. Listed jurisdictions include the United States, Australia, Canada, New Zealand, Germany, Japan, Ireland, and Austria. The Hobbyist plan is $49 as a one-time purchase for up to 100 transactions; Investor is $99, paid once for up to 1,000 transactions, and Pro is $199, paid once for 3,000+ transactions. Done For You engagements start at $3,500. CoinLedger says signup needs only a valid email address and that it does not report users' tax information to the IRS.

Coinpanda combines cryptocurrency tax reporting with portfolio tracking across exchanges and wallets. It imports transactions through exchange API keys, CSV or XLSX files, a generic Excel file, or manual entry. The tracker covers futures, staking, DeFi, and NFTs, and calculates cost basis using FIFO, LIFO, HIFO, or ACB. Coinpanda automatically generates capital-gains and income tax reports, with exports including IRS Form 8949 and Schedule D. Its integrations include 2,478 sources and more than 450 DeFi protocols. Country coverage includes the US, Canada, Australia, the UK, France, Italy, Ireland, Japan, and more than 60 other countries. The Android and iOS apps track markets, trades, transactions, profits, and tax reports. Coinpanda says exchange connections use read-only access and it does not request wallet private keys. The free plan allows 25 transactions per tax year. Paid plans start at $79 a year for 100 transactions on Hodler.