CoinLedger vs. CoinTracker
Trying to figure out the right crypto tax calculator for you? If you’re stuck between CoinLedger vs. CoinTracker, we’ve got you covered with our complete comparison guide.
| CoinLedger | CoinTracker | |
|---|---|---|
| Free plan | ✔ | ✔ up to 200 txs |
| Cheapest plan | $49 per tax year for 100 transactions | $59 for 100 transactions for all tax years |
| Payment options | Credit, debit | Credit, debit, crypto |
| Integrations | 530+ | 600+ |
| Free portfolio tracking | ✔ | ✔ |
| DeFi | ✔ | ✔ |
| Margin trading | ✔ for Kraken only | ✔ |
| Futures, options & other derivatives | ✘ | ✔ |
| Loans | ✘ | ✔ |
| IRS forms & TurboTax | ✔ | ✔ |
| International tax reports | ✘ | ✘ |
| Free tax loss harvesting tool | ✘ | ✘ |
| Expert review | $500/hour | $3,499 |
Integrations
| CoinLedger | CoinTracker | |
|---|---|---|
| All integrations | 700+ | 600+ |
| Supported exchanges | 380+ | 450+ |
| Supported wallets | 90+ | 60+ |
| Supported blockchains | 200+ | 70+ |
| API integrations (auto-sync) | 300+ | 170+ |
Winner: CoinLedger
CoinLedger has the edge over CoinTracker when it comes to supported platforms. While both tools cover a similar number of integrations, CoinLedger offers automatic imports for more of them, making it quicker and easier to get your data in. CoinTracker leans more heavily on CSV uploads, and in many cases, you’ll need to edit files to match its format before importing, adding extra manual work.
What Koinly offers:
Koinly offers support for more than 1,000 exchanges, blockchains, wallets, and more than 7,000 DeFi protocols, with the vast majority of these platforms being supported via API for automatic import, making it easy and quick to import your transaction data.
Portfolio tracking
| CoinLedger | CoinTracker | |
|---|---|---|
| Portfolio tracking dashboard | ✔ | ✔ (paid plan) |
| View unrealized gains and losses | ✔ | ✔ |
| Individual holdings breakdown & ROI | ✔ | ✔ |
| View real-time market data | ✔ | ✔ |
Winner: CoinLedger
Once again, CoinLedger takes the lead for portfolio tracking with more available for free. While both tools limit some features behind paywalls, CoinLedger offers the majority of data available on its free plan, alongside a friendlier interface.
What Koinly offers:
Every Koinly feature is available on the free plan, including features other tools lack, like a dedicated NFT dashboard, tax optimization tool, asset maturity tool, and more.
DeFi, NFTs, margin trading, and derivatives
| CoinLedger | CoinTracker | |
|---|---|---|
| DeFi | ✔ | ✔ |
| Margin trades | ✔ for Kraken only | ✔ |
| Futures, options & other derivatives | ✘ | ✔ |
| Mining & staking rewards | ✔ | ✔ |
| Lending | ✘ | ✔ |
| Airdrops | ✔ | ✔ |
| NFTs | ✔ | ✔ |
Winner: CoinTracker
When it comes to more complicated crypto accounting, CoinTracker comes out ahead of CoinLedger with strong support for many different transaction types. CoinLedger does support many transactions, but lacks support for more complex transactions like derivatives and loans, while automatic import and calculation for margin trades are limited to Kraken.
What Koinly offers:
Koinly supports DeFi, derivatives, margin trading, NFTs, lending, income, and more, and it’s able to tag these the majority of the time automatically. For DeFi investors in particular, Koinly is miles ahead of other tools with automated support for newer and growing DeFi chains and their ever-expanding ecosystems.
Free plan
| CoinLedger | CoinTracker | |
|---|---|---|
| Rich transaction detail | ✘ | ✔ |
| Tax summary | ✘ | ✘ |
| Tax loss harvesting tool | ✘ | ✘ |
| Portfolio tracking | ✔ | ✔ |
Winner: Tie
Both CoinTracker and CoinLedger offer free plans, but many features are stuck behind paywalls. For both, you can import your data for free, up to a given transaction limit. But you won’t be able to preview your gains or access features like a tax loss harvesting tool to help you minimize your taxes ahead of buying your plan.
What Koinly offers:
Koinly’s free plan offers every feature the tool has to offer, excluding actually downloading your reports. This includes features like a tax optimization tool and asset maturity dashboard to help you reduce your taxes, as well as the ability to preview your gains, losses, income, and more (excluding Canadian users), so you know exactly what you’ve got before you ever spend a dime.
Paid plan
CoinLedger offers more affordable plans than CoinTracker, with plans starting from $49 up to $199.
Meanwhile, CoinTracker plans start at $59 up to $599 a year. It is worth noting, though, that CoinTracker plans include all previous tax years, whereas CoinLedger only includes the report for the year you purchase (like most other crypto tax tools).
Usability and features
| CoinLedger | CoinTracker | |
|---|---|---|
| Easy to use, without compromising functionality | ✔ | ✔ |
| Automatic error detection | ✔ | ✔ |
| Supported transaction types | ✔ | ✔ |
| Transaction filters | ✔ | ✔ |
| Customizable tax settings | ✔ | ✔ (for certain countries) |
Winner: CoinTracker
Both platforms take a little bit of getting used to, as do most crypto tax calculators, but CoinTracker offers a slightly more user-friendly experience overall than CoinLedger thanks to a more intuitive interface and better automated transaction handling.
Both platforms offer automatic error reconciliation and support a number of transaction types and filters to make finding, tagging, and reconciling transactions easier.
What Koinly offers:
Koinly offers an intuitive interface and all the features above, alongside a wealth of self-help content to help you resolve common data issues and queries. This includes more than 50 help guides, nearly 200 YouTube videos, and both human and AI support.
Customer support
Both CoinLedger and CoinTracker have good Trustpilot reviews at an average of 4.6 and 4.7 stars, respectively, and CoinTracker offers priority support for paid plans.
What Koinly offers…
Koinly boasts outstanding customer service, with an average rating of 4.6 stars on Trustpilot based on over 2,000 reviews, and provides live chat and email support.
Reputation and security
Both platforms benefit from strong partnerships across the industry. CoinLedger has partnered with the likes of Binance, MetaMask, and Crypto.com, while CoinTracker has partnered with platforms like Coinbase, Uniswap, and H&R Block.
When it comes to security, both platforms have suffered data leaks. CoinTracker experienced a data leak back in 2022, which was fortunately limited to customer emails only. Meanwhile, CoinLedger (back when it was CryptoTrader.Tax) experienced a data breach in 2020 where personal data from customers was put up for sale on a dark net forum.
What Koinly offers…
Koinly is partnered with the leading names across the industry including Kraken, Coinbase AU, Binance, and leading tax platforms globally. The platform is ISO 27001 and SOC 2 certified and has never suffered a security breach.
Supported countries
| CoinLedger | CoinTracker | |
|---|---|---|
| USA IRS Reports (inc TurboTax) | ✔ | ✔ |
| Canada CRA report | ✔ | ✔ |
| UK HMRC Report | ✘ | ✘ |
| Australia ATO report | ✔ | ✘ |
| European reports | ✘ | ✘ |
Winner: CoinLedger
For the US, both platforms support a number of filing options, including Form 8949 and Schedule D, as well as TurboTax and TaxAct exports. CoinTracker is partnered with TurboTax, but CoinLedger offers the same compatible file to export and upload.
Globally, though, CoinLedger marginally takes the lead with reports for Australia and Canada.
What Koinly offers:
Koinly supports investors globally, with dedicated reports for more than 10 countries across Europe, as well as a Comprehensive Tax Report that can help investors in over 100 countries file their taxes easily.
Conclusion: Which is better?
Both platforms will get the job done for the majority of investors, so much of the choice comes down to your personal preference for UX and supported integrations, depending on which you use.
This said, Koinly tops both with more integrations, features, and a superior free plan. And while we might be a little biased, you can compare the two yourself in our Koinly vs. CoinTracker guide and our Koinly vs. CoinLedger guide to see what you think.
