Overview
CoinLedger (formerly CryptoTrader.Tax) is a US-focused crypto tax software founded in 2018 by David Kemmerer, Lucas Wyland, and Mitchell Cookson. Headquartered in Kansas City, Missouri, the company has built its reputation around one thing: making US crypto tax filing genuinely painless. Everything about the product — the interface, the form generation, the TurboTax integration — is optimised for US filers dealing with US rules.
If you live in the US, file US taxes, and want your crypto tax situation reduced to “upload to TurboTax and continue,” CoinLedger is the fastest path from portfolio chaos to filed return we’ve tested. Non-US users can use it — international support is workable — but Koinly is a better fit if that’s you.
Coverage and integrations
CoinLedger supports 500+ exchanges and 150+ wallets via direct API or CSV import. All the major exchanges are covered. DeFi coverage is competent — Uniswap, Aave, Compound, Curve, and the usual suspects — though slightly behind Koinly in exotic protocol handling.
NFT support is present but focused on ETH-based NFTs (OpenSea, Blur, LooksRare). Solana NFT support has improved but still requires more manual review than the ETH ecosystem.
For pure exchange traders on major venues, coverage is essentially complete. For active DeFi users across multiple L2s, expect some manual categorisation.
The TurboTax integration
The single strongest feature. CoinLedger generates a file that TurboTax imports directly — no manual entry, no CSV conversion tricks, no “figure out what column goes where” during filing. The integration handles:
- Form 8949 (capital gains reporting)
- Schedule D
- Income reporting (staking rewards, mining, airdrops)
- Loss and theft reporting
This is meaningfully cleaner than Koinly’s TurboTax export, which requires a CSV upload and column mapping. If you file with TurboTax, this alone can be worth the price difference.
TaxAct and H&R Block integrations also exist but are less polished than TurboTax.
Pricing
Four tiers, per tax year:
- Hobbyist — $49, 100 transactions
- Investor — $99, 1,000 transactions
- Pro — $199, 3,000 transactions
- Unlimited — $349, unlimited transactions
Pricing is per tax year — a specific choice that matters if you’re catching up on multiple years of unfiled crypto tax. Each prior year is a separate purchase. Koinly’s annual model can be cheaper for multi-year filers.
The free preview mode lets you see the calculated gain/loss before paying. Similar diagnostic pattern to Koinly.
Where CoinLedger wins
For US filers using TurboTax, CoinLedger is the fastest and cleanest option. The interface is more approachable for tax novices than Koinly — clearer categorisation prompts, more hand-holding through the “what does this transaction represent” step. Customer support is US-based and competent on US-specific tax scenarios.
For anyone catching up on multiple prior years, CoinLedger’s per-year pricing lets you buy exactly what you need for each year separately.
Where CoinLedger loses
International coverage is materially weaker than Koinly’s. If you have Australia, UK, Germany, or Canada in your tax picture, either as a primary or secondary jurisdiction, use Koinly. CoinLedger’s non-US country handling is more template-based than logic-based.
DeFi and NFT edge cases require more manual review than Koinly. If your portfolio is 80%+ traditional trades and 20% exchange staking, this doesn’t matter. If you’re actively yield farming across multiple protocols, expect real manual work.
The verdict
CoinLedger scores 4.3/5. A specialist product — best-in-class for its specific audience (US filers using TurboTax) and second-tier for anyone outside that audience. If both describe you, pick CoinLedger and don’t overthink it. If either doesn’t, Koinly is the safer pick.
Score reflects the trade-off: excellent at what it targets, unnecessarily narrow if you don’t need US-specific focus.