CoinLedger vs TokenTax: Which is Best? [2025]
Key differences
- CoinLedger is far more affordable for most users, with plans starting at $49/year versus TokenTax's entry plan at $65 and VIP plan at $3,499.
- TokenTax offers white-glove services with CPAs and audit support, while CoinLedger is designed for easy, self-service filing.
- CoinLedger is better for users focused on ease of use and basic reporting, while TokenTax suits traders with high volume or complex DeFi/NFT needs.
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Description
TokenTax is a comprehensive crypto tax software and accounting firm founded in 2017. The company combines powerful software with expert crypto tax professionals to provide accurate tax reporting and filing services for crypto traders worldwide.
CoinLedger--formerly CryptoTrader.Tax--is crypto tax software that makes it simple to calculate and report your crypto taxes. The company was founded in Texas in 2018.
Free Trial?
Supported Countries
TokenTax provides global tax support with specialized reports for international crypto regulations. The platform offers detailed capital gain/loss reports for countries using common cost basis methods (FIFO, LIFO, HIFO), with comprehensive tax guides for various jurisdictions.
CoinLedger is mainly focused on offering its software to the USA, Germany, Canada, Australia, New Zealand, Japan, Austria, Switzerland, Denmark, Spain and France.
Supported Cryptocurrencies
30,000+ cryptocurrencies
20,000+ cryptocurrencies
Pricing
Four plans:
- Basic - $65/year (up to 100 transactions)
- Premium - $199/year (up to 5,000 transactions)
- Pro - $1,999/year (up to 20,000 transactions)
- VIP - $3,499/year (up to 30,000 transactions)
Four plans:
- Free
- $49 per year
- $99 per year
- $199 per year
The plan you need will depend on how many trades you have made. All paid plans offer access to all reports and other features.
Tax Forms & Integration
IRS Forms
Schedule D Support
TurboTax Integration
TaxAct Integration
Features
Integrations
TokenTax supports all common wallets and exchange integrations.
CoinLedger supports all common wallets and exchange integrations.
Tax Loss Harvesting
Portfolio Tracking
NFT Support
Support & Security
Security Incidents
TokenTax customer data has not been hacked before.
In 2020, around 1,000 customers of CoinLedger had their data stolen by a hacker. The CEO, David Kemmerer, confirmed this in an interview with Coindesk. since then, there have not been any incidents.
Live Chat Support
true
All plans offer live chat support, even the free plan
Official Site