Coinpanda vs Defitax

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.

Defitax is a web tool for preparing cryptocurrency transaction data for tax reporting. It calculates cost basis and gains or losses, then produces tax documents. The service is aimed at DeFi traders using liquidity pools, bonding curves, prediction markets, perpetual futures and related activities. It lists support for Bitcoin, Solana, Ethereum, TRON, Base, BNB Chain, Polygon and Arbitrum, with imports from Binance, Coinbase, Kraken, Bybit, OKX, Hyperliquid, MEXC, Orderly, CoinSpot and generic CSV files. Tracking covers Hyperliquid perpetuals, prediction markets, launch platforms, liquidity-pool yields, Jupiter DCA and perpetual positions, bridges and NFTs. Cost-basis choices are FIFO, LIFO, HIFO and Specific ID, applied universally or per wallet. The free plan allows up to 500 transactions and provides a dashboard but no report export. Unlimited costs $199 a year and adds exports, tax forms, multi-jurisdiction support and the AI Tax Agent.