CoinLedger is a comprehensive cryptocurrency tax reporting platform designed to simplify the process of calculating and filing taxes for crypto investors. Founded in 2018 as CryptoTrader.Tax by David Kemmerer, Lucas Wyland, and Mitchell Cookson, the platform has since grown to serve over 500,000 users worldwide .


🔍 Key Features

  • Multi-Platform Integration: CoinLedger supports over 100 exchanges and wallets, including major platforms like Coinbase, Binance, Kraken, MetaMask, and Ledger .
  • Automated Tax Reporting: The platform automatically imports transaction data and generates IRS-compliant tax reports, such as Form 8949, which can be directly imported into tax filing software like TurboTax, TaxAct, and H&R Block .
  • Tax-Loss Harvesting: CoinLedger offers tools to identify opportunities for tax-loss harvesting, helping users minimize their tax liabilities by strategically selling underperforming assets .
  • DeFi and NFT Support: The platform accommodates transactions from decentralized finance (DeFi) platforms and non-fungible tokens (NFTs), providing comprehensive tax reporting for these activities .
  • International Coverage: CoinLedger supports tax reporting for users in over 16 countries, including the United States, Canada, the United Kingdom, Australia, and India .

💰 Pricing Plans

  • Free Plan: Allows users to import transactions and preview tax reports. Tax report downloads require a paid plan.
  • Hobbyist Plan: Priced at $49 per year, supporting up to 100 transactions.
  • Investor Plan: Priced at $99 per year, supporting up to 1,000 transactions.
  • Pro Plan: Priced at $199 per year, supporting up to 3,000 transactions .

📊 User Experience

CoinLedger is praised for its user-friendly interface, making it accessible for both beginners and experienced crypto investors. The platform's ability to automate complex tax calculations and integrate with various crypto platforms streamlines the tax reporting process, saving users time and reducing the risk of errors


⚠️ Considerations

  • Wallet Compatibility: While CoinLedger supports many popular wallets, it may not be compatible with all wallets. Users should verify compatibility before relying solely on the platform for tax reporting .
  • Transaction Limits: The free plan has limitations on the number of transactions that can be processed. Users with extensive transaction histories may need to opt for a paid plan .