OpenSea vs. TokenTax Comparison


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About The world’s largest digital marketplace for crypto collectibles and non-fungible tokens (NFTs), including ERC721 and ERC1155 assets. Buy, sell, and discover exclusive digital assets like Axies, ENS names, CryptoKitties, Decentraland, and more. Building brand new economies powered by true digital ownership. OpenSea is the first and largest marketplace for user-owned digital goods, which include collectibles, gaming items, domain names, digital art, and other assets backed by a blockchain. At OpenSea, we're excited about a brand new type of digital good often referred to as a non-fungible token, or NFT. NFTs have exciting new properties: they’re unique, provably scarce, liquid, and usable across multiple applications. Just like physical goods, you can do whatever you want with them! You could throw them in the trash, gift them to a friend across the world, or go sell them on an open marketplace. But unlike physical goods, they're armed with all the programmability of digital assets.	About TokenTax is the only cryptocurrency tax software that integrates with every crypto exchange—from major players like Coinbase, Binance, and BitMEX to DeFi platforms to NFT marketplaces like Opensea. No matter where your data is from, we can import it via API or CSV and reconcile it with your trading history. What’s more, TokenTax automatically generates tax forms like the Form 8949, tracks your capital gains and losses, and can help you choose the right reporting strategy with our Tax Loss Harvesting tool. We give you the choice: file with our expert tax filing team, or easily take your crypto-related tax documents to another tax provider or filing software.
Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Supported iPad Supported Android Supported Chromebook Not Supported	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
Audience Anyone interested in the largest marketplace for buying and selling NFTs	Audience Cryptocurrency investors or accountants looking for a tax solution
Support Phone Support Not Supported 24/7 Live Support Not Supported Online Supported	Support Phone Support Not Supported 24/7 Live Support Not Supported Online Supported
API Offers API Supported	API Offers API Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing No information available. Free Version Not Supported Free Trial Not Supported	Pricing $65 per tax year Free Version Not Supported Free Trial Not Supported
Reviews/Ratings Overall 1.8 / 5 ease 2.0 / 5 features 2.8 / 5 design 2.6 / 5 support 1.6 / 5 Read all reviews	Reviews/Ratings Overall 4.7 / 5 ease 4.4 / 5 features 4.5 / 5 design 4.6 / 5 support 4.7 / 5 Read all reviews
Pros & Cons from Real Users Pros It's supposedly the top dog but I don't see it. The bigger collections are there but they're on Rarible as well. Uploading NFTs into a collection is easy. The app for the phone runs nicely. I like Coinbase Wallet to use with it. OpenSea seems like it has won the market in terms of being the gold standard of where to buy and sell NFTs. Interface works well, everything is easy to use. Nothing. Great site. But not that easy to use & navigate. I know they are new so maybe they will get better. But if u can send payment & not get anything the. They can’t help cause of blockchain them is this new form of payment that good idk. At least at a store with receipt u get refund or credit. Here nothing & I have copy of success transaction. Cons Zero support, zero acknowledgment of help tickets. You're completely on your own so pray nothing goes wrong and what you buy actually shows up. Absolutely forget about trying to get verification. I'm on month four of their "up to 5 business days" to review. All of my other social medias are verified so there shouldn't be a problem...but I wouldn't know if there is because they don't bother responding to ANYTHING. Trying to list NFTs for sale, even if you do have the hundreds of dollars for gas, results in an eternal wait to initialize your wallet. I waited all day. Nothing. No response from customer service. RIP. Sometimes the site is a bit slow but other than that I don't have any issues with it. Support takes a while to get back to you. Impossible to navigate. No assistance. Many people say they purchase and do not receive the item. Not even worthy of a single star. I purchased Saitama inu NFT yesterday & never got it. They say nothing they can do. Terrible business. 👎🏻👎🏻👎🏻😡😡😡	Pros & Cons from Real Users Pros A complex crypto reconciliation has been delivered on time for two years. One does not simply do this. Customer service is unparalleled, extremely responsive to all questions. Everyone I worked with at TT was a pro. If you're stressing about your crypto filing this is the place for you, they're pros, 5 STARS! TokenTax has grown so much over 4 years since I first started using the software to collect all my transactions. Nowadays, they have advanced integrations for DeFi and centralized exchanges. The customer service is amazing. They're sincerely committed to being helpful and kind to customers. But more importantly, no one is more expert than this team. You'll hear others larping they know as much about crypto taxes but it is undeniable they're at the bleeding edge of crypto tax knowledge. They continue to hire the smartest folks from the likes of KPMG (Arthur Teller) and others from places like Microsoft who actually worked on the Excel product (James). While I currently use their most advanced enterprise level service, previously, I've used their lower tier software package when my taxes were simpler and they were amazing to me back then. However, the last 2 years have required a finer touch and I am please to say they've over-delivered on this top level service. Few businesses meet my expectations nowadays, but TokenTax continually exceeds them. • Experts with tremendous experience in all matters of accounting, including complex cryptocurrency issues (DeFi, Liquidity Providing, Airdrops, Cross-Chain, Missing Transactions, High Transaction volume, etc). • Personalized attention to detail. • Prompt responses • Variety of packages available depending on client needs - TokenTax team is deep into crypto and are on top of the latest trends and changes in different token types - They are highly responsive - They understand tax law well Cons Do not expect a quick turnaround or not to do any work. You need to provide your records and respond to the team's questions. Be proactive about discussing your unique situation and expectations. Nothing to see here! Can't think of anything negative in my experience. I heard from some random complaints on Twitter back in fall 2021, when the crypto markets started taking off and TokenTax was growing like gangbusters. I have to say I truthfully didn't experience any such growing pains with TokenTax, but at least now, in 2021/2022, I can firmly attest they've scaled up significantly to provide the most unbelievable level of service. One complaint you hear is "they don't support all blockchains" or "they're missing a DeFi app" and neither are true. Because a) you can upload any CSV for any blockchain transactions and b) you can also upload those separate transactions for new DeFi apps. There's hundreds of DeFi apps that come and go so you can't expect TokenTax to support every protocol with deep integrations. • Candidly, I have zero cons. TokenTax took extremely good care of me from start to finish. Perhaps the only thing I could critique would be that it can take up to a day to get back to you, but the attention to detail in their replies more than make up for that small wait. The software is still buggy and requires a lot of manual updates and changes. Also I felt the crypto side of the house was a lot more in order than the non crypto tax filing side of the house.
Training Documentation Supported Webinars Not Supported Live Online Not Supported In Person Not Supported	Training Documentation Supported Webinars Supported Live Online Not Supported In Person Not Supported
Company Information OpenSea Founded: 2017 United States opensea.io	Company Information TokenTax Founded: 2017 United States tokentax.co
Alternatives Blockparty	Alternatives Accointing by Glassnode Glassnode
Rarible	Ledgible
Binance NFT Binance	Koinly
NonFungible NonFungible.com	ZenLedger
NFT Protocol View All	Summ View All
Categories NFT Supported NFT Analytics Supported NFT Creator Supported NFT Marketplaces Supported	Categories Crypto Supported Crypto Accounting Supported Crypto Portfolio Management Supported Crypto Tax Supported DeFi Tools Supported
	Show More Features 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 Ethereum Supported Base App Supported Bithumb Not Supported Flow Supported Gem Supported HitBTC Not Supported Mesh Supported Mintbase Supported NFT OnChained Supported Parsec Supported Portis Supported Tholos Supported Token Terminal Supported TokenTax Supported Unstoppable Domains Supported Uphold Not Supported Show More Integrations View All 54 Integrations	Integrations Ethereum Supported Base App Not Supported Bithumb Supported Flow Not Supported Gem Not Supported HitBTC Supported Mesh Not Supported Mintbase Not Supported NFT OnChained Not Supported Parsec Not Supported Portis Not Supported Tholos Not Supported Token Terminal Not Supported TokenTax Not Supported Unstoppable Domains Not Supported Uphold Supported Show More Integrations View All 35 Integrations
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