CoinLedger vs TokenTax
CoinLedger
coinledger.ioTokenTax
tokentax.coSide by side
| Figure | CoinLedger | TokenTax |
|---|---|---|
| Price from | Free | $4.08/mo |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 4 | 5 |
| Spec score · Cryptocurrency Tax Calculator | 8.3 (#6) | 7.0 (#16) |
| Spec score · Crypto Tax Software | 8.4 (#8) | 6.9 (#20) |
| Spec score · Crypto Portfolio Management software | 8.4 (#6) | 7.0 (#11) |
| Integrations | CoinLedger lists 1,000+ integrations for wallets, exchanges, blockchains, and DeFi platforms. | The maker lists integrations with exchanges, blockchains, protocols, and wallets, including Coinbase Pro, Binance, Ethereum, MetaMask, and Uniswap. |
| Security | CoinLedger says data in transit uses 256-bit encryption and its application endpoints are TLS/SSL only. | TokenTax says it uses bank-grade encryption and read-only connections and never moves funds. |
| Support | The pricing page says the team provides support through the site's live chat widget. | The company says live chat support from product experts is available at every price tier. |
| Tax methods | CoinLedger includes FIFO, LIFO, HIFO, and Adjusted Cost calculation methods. | Supported accounting methods include FIFO, LIFO, Minimization, and average cost. |
Plans
CoinLedger
- Portfolio TrackingFree
- Hobbyist$49, paid once
- Investor$99, paid once
- Pro$199, paid once
TokenTax
- Basic$49 a year
- Premium$199 a year
- Pro$1,999 a year
- VIP$3,499 a year
- EnterprisePriced on request
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.