CoinLedger vs Syla
CoinLedger
coinledger.ioSyla
syla.com.auSide by side
| Figure | CoinLedger | Syla |
|---|---|---|
| Price from | Free | A$4.08/mo |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 4 | 4 |
| Spec score · Cryptocurrency Tax Calculator | 8.3 (#6) | 7.1 (#15) |
| Spec score · Crypto Tax Software | 8.4 (#8) | 7.1 (#19) |
| Founded | CoinLedger was founded in 2018 by David Kemmerer, Lucas Wyland, and Mitchell Cookson. | 2017 |
| Integrations | CoinLedger lists 1,000+ integrations for wallets, exchanges, blockchains, and DeFi platforms. | Syla states that it supports over 500 exchange, blockchain and wallet integrations. |
| Purpose | CoinLedger helps cryptocurrency users understand their portfolios and generate necessary tax forms in minutes. | Syla is a crypto tax calculator designed by Australian tax professionals to help users prepare crypto tax reports. |
| Security | CoinLedger says data in transit uses 256-bit encryption and its application endpoints are TLS/SSL only. | Syla says integrations require read-only access and that it rejects API keys with elevated permissions. |
| Support | The pricing page says the team provides support through the site's live chat widget. | Syla offers Australian live chat during Brisbane business hours, 9am to 6pm, and email support. |
Plans
CoinLedger
- Portfolio TrackingFree
- Hobbyist$49, paid once
- Investor$99, paid once
- Pro$199, paid once
Syla
- BudgetA$49 a year
- AssuranceA$129 a year
- Tax SavingA$249 a year
- Private WealthA$399 a year
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.
Syla
Syla is a web-based crypto tax calculator designed by Australian tax professionals. It prepares an ATO Crypto Tax Report PDF for self-lodgment or delivery to a tax agent, while stating that it does not lodge tax returns. Transactions can be imported through API and wallet syncs or by uploading account statements and CSV files. Syla says it supports more than 500 exchange, blockchain, and wallet integrations, including DeFi and NFT activity. The dashboard shows holdings and recent transactions and supports portfolio analysis. AI and fuzzy matching can classify events such as airdrops and chain migrations. The free plan has no time limit and allows imports, edits, and individual transaction tax outcomes, but report downloads require a paid subscription. Paid annual plans are Budget at A$49 a year, Assurance at 129.00 AUD, Tax Saving at 249.00 AUD, and Private Wealth at 399.00 AUD. Account limits range from 200 to 100,000 transactions depending on plan.