CoinLedger vs Summ
CoinLedger
coinledger.ioSumm
summ.comSide by side
| Figure | CoinLedger | Summ |
|---|---|---|
| Price from | Free | $4.08/mo |
| Free plan | Yes | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 4 | 4 |
| Spec score · Cryptocurrency Tax Calculator | 8.3 (#6) | 7.6 (#10) |
| Spec score · Crypto Tax Software | 8.4 (#8) | 7.7 (#13) |
| Founded | CoinLedger was founded in 2018 by David Kemmerer, Lucas Wyland, and Mitchell Cookson. | 2018 |
| Headquarters | Saint Louis, Missouri, United States | Sydney, Australia |
| Integrations | CoinLedger lists 1,000+ integrations for wallets, exchanges, blockchains, and DeFi platforms. | Summ lists support for over 3,500 integrations across exchanges, DeFi, protocols, and wallets. |
| Portfolio tracking | CoinLedger provides free portfolio tracking across crypto holdings. | The product tracks portfolio, profit and loss, and tax liability in one place. |
| Purpose | CoinLedger helps cryptocurrency users understand their portfolios and generate necessary tax forms in minutes. | Summ helps identify, track, and organize crypto activity and generate tax reports. |
| Security | CoinLedger says data in transit uses 256-bit encryption and its application endpoints are TLS/SSL only. | Summ states it is SOC 2 Type 2 certified and that its application requires read-only access to user data. |
| Support | The pricing page says the team provides support through the site's live chat widget. | Pricing lists email and chat support for Rookie, Hobbyist, and Investor, and priority support for Trader. |
| Tax reports | Tax reports include IRS Form 8949, income, capital gains, and audit trail reports. | Summ can generate summary, capital gains, income, expenses, and audit reports, plus nine other detailed reports. |
Plans
CoinLedger
- Portfolio TrackingFree
- Hobbyist$49, paid once
- Investor$99, paid once
- Pro$199, paid once
In their own words
CoinLedger
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.
Summ
Summ is a web service for identifying, organizing, and tracking cryptocurrency activity while preparing tax reports. It combines portfolio value, profit and loss, and tax liability in one place. Reports include summaries, capital gains, income, expenses, audits, and nine other detailed formats, with settings that can be customized for local tax rules. Summ describes a Least Tax First Out method that selects the asset lot with the highest cost basis when a disposal occurs. The service lists more than 3,500 integrations across exchanges, DeFi services, protocols, and wallets, with custom CSV upload when an integration is unavailable. DeFi and NFT support are included. Signup provides transaction importing, smart suggestions, automatic categorization, portfolio tracking, and DeFi and NFT features free; reports and some tools require a paid plan. Summ supports up to one million transactions and offers custom solutions for high-volume traders. It is web-only and headquartered in Sydney, Australia.