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About

CoinLedger (formerly CryptoTrader.Tax) takes away the pain of preparing your bitcoin and crypto taxes. Simply connect your exchanges, import trades, and download your tax report in minutes. Import your trades using the API import tool or upload your trade history file. CoinLedger integrates with all major exchanges to make this process quick and painless. Add your sources of cryptocurrency income from the tax year. CoinLedger calculates your gains from mining, staking, gifts, airdrops, and forks. CoinLedger calculates your tax liability using the same methods tax professionals use. Rest assured that you are paying the correct amount and minimizing your crypto tax liability. Download your completed IRS forms to file yourself, send to your accountant, or import into software like TurboTax and TaxAct. Partnered with the largest tax preparation platform to make it easy for you to E-File your crypto gains and losses with your full tax return.

About

The smarter way to monitor your crypto portfolio. Tookbox sends a message once a day using social media - WhatsApp, Facebook Messenger, Telegram, Viber, Line, Signal - to your mobile phone giving you a snapshot of your crypto portfolio. Designed for users who want to keep an eye on their crypto without necessarily getting too involved in fancy apps and the like. Web-based, with a quick and simple set-up. You'll have your first test message on your phone within a few minutes. There are reports on your coin sales and hypothetical coin sales showing profit and loss. Tookbox compares your crypto portfolio against a hypothetical portfolio composed solely of Apple stock. This gives a good benchmark of your coins against an established Nasdaq stock. Tookbox uses real-time coin prices from CoinMarketCap; every coin's price is available. It supports 20 fiat currencies. There is a free version with a subscription required to unlock features.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Supported
Linux Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Supported

Audience

Cryptocurrency investors or accountants looking for a tax solution

Audience

Investors, financial advisers, investment clubs, accountants, crypto hobbyists, crypto dabblers

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Not Supported

API

Offers API Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$49 per tax season
Free Version Not Supported
Free Trial Not Supported

Pricing

Free
Free version with subscription required to unlock some features.
Free Version Supported
Free Trial Not Supported

Reviews/Ratings

Overall 4.9 / 5
ease 4.8 / 5
features 4.5 / 5
design 4.6 / 5
support 5.0 / 5

Reviews/Ratings

Overall 4.0 / 5
ease 3.8 / 5
features 4.0 / 5
design 3.8 / 5
support 3.8 / 5

Pros & Cons from Real Users

Pros

  • I really liked how easy and how fast it was to import my transactions to CoinLedger. I imported transactions via API and via CVS file upload and both were very smooth. I also really liked their customer support. This was my first attempt to tackle crypto taxes, so I had a ton of questions and concerns which were answered quickly making the whole process much less stressful and allowing me to meet my extension deadline. I also really liked that you could view your gains/losses with each of the different accounting methods allowed. Made decisions on how to proceed very easy.
  • When I had some questions I simply wrote CoinLedger. Upon doing so I received quick replies with detailed help/instructions.
  • Crypto-tax is not easy but this service is super-helpful. And would have been very easy if all my exchanges were ones listed with CoinLedger. I made a mistake in my data entry and the support offered to trouble-shoot for me was prompt and second to none. I happily recommend.
  • -FANTASTIC customer service -Most exchanges supported -Very reasonable price -Easy API imports -Easy upgrades/cancellations
  • This firm produce superb support services for their clients, even though they are not 24 hours they do correspond promptly within a convenient timeframe. I am an emotive businessman so prioritizing customer service is a must for myself and CoinLedger fulfills that satisfaction.

Cons

  • The couple things I didn’t like I was told will be fixed in the app update Nov.2021, so really it becomes a moot point. I will mention them anyway though in order to give a fair and accurate review. I had crypto gifts, and I found it a little hard to figure out what the cost basis would be for the person receiving the gift. Not only did customer service offer me a work around, they also informed me that will be taken care of the the app update coming next month. The other thing that I was told will also be upgraded is the availability to connect Meta Mask and Dex’s.
  • There are no cons with which I am familiar with CoinLedger.
  • There was a pop up just before I finalised, saying tax wasn't due for this year (it was), which was (and still is) confusing. However, the support team quickly addressed my query on the matter and advised simply to proceed, which went smoothly.
  • -No Kraken margin trade support yet. There are some things I'd like to be able to adjust manually that I can't, but that seems to be a limitation on other comparable services as well
  • A mobile application should be considered for maximum utilization.

Pros & Cons from Real Users

Pros

  • Nice reviews because it sounds simpler than other portfolio trackers and also more secure, so that's nice, but...
  • This software has cComprehensive reports. and is easy of use. I particularly like the auto messages.
  • Daily messages (or I could get updates anytime I want!) on the performance of my coins; Showing market comparison by using Apple stocks; User-friendly app, easy to understand set-up; Very good help-desk support.
  • Website is very nice, user interface is easy to understand. Very convenient and simple to understand profit and loss updates.

Cons

  • Tookbox.com website: warning that certificate expired, and when proceeding, there's an error, website is unavailable.
  • I can't really find too many problems with the problem.
  • Entering DateTime format/details on the spreadsheet file.
  • Little bit of set up time but VERY worth it once completed.

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

CoinLedger
Founded: 2017
United States
coinledger.io

Company Information

Tookbox
Founded: 2021
Australia
www.tookbox.com

Alternatives

Alternatives

Categories

Categories

Crypto Supported

Crypto Tax Features

Automated Data Import Supported
Exchange Integration Supported
Export Transactions Supported
Historical Prices Supported
Income Overview Supported
Margin & Futures Support Not Supported
Profit & Loss / Cap Gains Supported
Staking / Lending / DeFi Support Supported
Tax Form Generation Supported
Tax Loss Harvesting Supported
Wallet Integration Supported

Integrations

Bilaxy Supported
BitMEX Supported
Bitfinex Supported
BitoPro Supported
Blockchain.com Supported
BtcTurk Supported
Circle Supported
Compound Supported
Currency.com Supported
Facebook Messenger Not Supported
HitBTC Supported
Hotbit Supported
IDEX Supported
Lykke Supported
Nexo Supported
OceanEx Supported
Telegram Not Supported
Viber Not Supported
XT.com Supported

Integrations

Bilaxy Not Supported
BitMEX Not Supported
Bitfinex Not Supported
BitoPro Not Supported
Blockchain.com Not Supported
BtcTurk Not Supported
Circle Not Supported
Compound Not Supported
Currency.com Not Supported
Facebook Messenger Supported
HitBTC Not Supported
Hotbit Not Supported
IDEX Not Supported
Lykke Not Supported
Nexo Not Supported
OceanEx Not Supported
Telegram Supported
Viber Supported
XT.com Not Supported
Claim CoinLedger and update features and information
Claim CoinLedger and update features and information
Claim Tookbox and update features and information
Claim Tookbox and update features and information