CoinLedger vs. CoinTracker
Trying to figure out the right crypto tax calculator for you? If you’re stuck between CoinLedger or CoinTracker - we’ve got you covered with our complete comparison guide.
| CoinLedger | CoinTracker | |
|---|---|---|
| Free plan | ✔ with limited features | ✔ with limited features |
| Cheapest plan | $49 per tax year for 100 transactions | $59 for 100 transactions for all tax years |
| Payment options | Credit, debit | Credit, debit |
| Integrations | 530+ | 525+ |
| Free portfolio tracking | ✔ | ✔ |
| NFT dashboard | ✘ | ✘ |
| TurboTax, TaxAct | ✔ | ✔ |
| DeFi | ✔ | ✔ |
| Margin trading | ✔ - with limited functionality | ✔ |
| Futures, options, and other CFDs | ✘ | ✔ |
| Loans | ✘ | ✔ |
| IRS tax forms | ✔ | ✔ |
| International tax reports | ✘ | ✘ |
| Free tax loss harvesting tool | ✘ | ✘ |
| Expert review | From $499 | ✘ |
In this guide, we’re comparing the two in-depth to see which comes out on top.
Integrations
| CoinLedger | CoinTracker | |
|---|---|---|
| All integrations | 530+ | 525+ |
| Supported exchanges | 387 | 458 |
| Supported wallets | 83 | 28 |
| Supported blockchains | 62 | 40 |
| API integrations (auto-sync) | 109 | 97 |
| YouTube how-to videos | 50 | 15 |
| TurboTax | ✔ | ✔ |
Winner: CoinLedger
CoinLedger just about takes the lead over CoinTracker when it comes to supported platforms. Although both tools support a similar amount of integrations, CoinLedger supports more platforms with automatic import which can make getting your data into your tool faster and simpler. Whereas with CoinTracker, the focus is on CSV import, and in many instances you’ll need to amend your CSV file to fit CoinTracker’s format in order to upload it, creating more manual work.
What Koinly offers:
Koinly offers support for more than 850 exchanges, blockchains, and wallets - with the vast majority of these platforms being supported via API for automatic import meaning it’s easy and quick to import your transaction data.
Portfolio tracking
| CoinLedger | CoinTracker | |
|---|---|---|
| Portfolio tracking dashboard | ✔ | ✔ with limited features on free plan |
| View unrealized gains and losses | ✔ | ✔ |
| Individual holdings breakdown | ✔ | ✔ |
| View real-time market data | ✔ | ✔ |
| View rich detail about individual holdings including rank, price, market cap | ✘ | ✘ |
| View balance, cost per unit, and total value of individual assets | ✔ | ✘ |
| View ROI for individual assets | ✔ | ✔ |
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 more intuitive 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 | ✔ - automatic import limited to Kraken | ✔ |
| Futures, options, and other CFDs | ✘ | ✔ |
| Mining | ✔ | ✔ |
| Staking | ✔ | ✔ |
| 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.
What Koinly offers:
Koinly supports DeFi, derivatives, margin trading, NFTs, lending, income, and more - and it’s able to automatically tag these the majority of the time. 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 | ✘ | ✔ |
| Rich tax summary | ✘ | ✘ |
| Preview capital gains, losses, income, and more | ✘ | ✘ |
| Free tax loss harvesting tool | ✘ | ✘ |
| Free portfolio tracking | ✔ | ✔ |
| Free NFT dashboard | ✘ | ✔ |
| View available reports | ✘ | ✘ |
Winner: Tie
Both CoinTracker and CoinLedger offer free plans, but many features are stuck behind paywalls. For both, you can import your data 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.
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).
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 for Canadian users) - so you know exactly what you’ve got before you ever spend a dime.
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: CoinLedger
Both platforms take a little bit of getting used to - as do most crypto tax calculators - but CoinLedger offers a slightly more user-friendly experience overall than CoinTracker thanks to a more intuitive interface. 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 of the features above alongside a wealth of self-help content to help you resolve common data issues and queries in the form of more than 50 help guides, nearly 200 YouTube videos, and AI support.
Customer support
Both CoinLedger and CoinTracker have good Trustpilot reviews at an average of 4.8 and 4.7 stars respectively, although CoinTracker only offers support for paid plans.
What Koinly offers…
Koinly has outstanding customer service with an average of 4.7 stars on Trustpilot from more than 1,800 reviews and offers 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 of 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 | ✔ | ✔ |
| Canada CRA report | ✔ | ✔ |
| UK HMRC Report | ✘ | ✘ |
| Australia ATO report | ✔ | ✘ |
| Sweden Blankett K4 report | ✘ | ✘ |
| France Formulaire 2086 report | ✘ | ✘ |
| Finland Lomake 9 report | ✘ | ✘ |
| Denmark Skattestyrelsen Fortjeneste report | ✘ | ✘ |
| Swiss FTA/ESTV Valuation report | ✘ | ✘ |
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.
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, as well as a Complete Tax Report that can help investors in more than 100 countries file 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.
