Crypto taxes are no longer a niche problem. If you trade across multiple exchanges, touch DeFi, or move coins between wallets, doing this in a spreadsheet is risky. You need software that can pull data from everywhere, calculate gains correctly, and give you reports your accountant will accept.
This guide is a practical review, set in context against its closest rival. It also works as a best crypto tax software comparison for users who want one clear answer instead of sifting through marketing pages.
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Which Users Each Tool Is Best For
cryptact started in Japan and now serves users in India, Canada, and other markets where regulators expect clean, detailed records. It focuses on two things: precise tax calculation and portfolio tracking. The product is aimed at active traders, DeFi users, and people who want audit-ready history without paying enterprise prices.
CoinTracker is very well known in the US, UK, and Canada. It positions itself as an all-in-one portfolio tracker and tax tool that connects to almost every major exchange and wallet. If you are on Coinbase, Kraken, or big US brokers, CoinTracker is often the first name you see.
If your activity is light and you only use a couple of large exchanges, either tool can work. The differences show up as soon as your volume, chains, or DeFi activity start to grow.
Core Differences at a Glance
The table below highlights cryptact vs cointracker features in a simple way so you can see the main trade-offs.
Side-by-side comparison
Accuracy and Data Handling
Accuracy starts with how complete your data is and how the tool handles messy histories.
cryptact is built as a crypto tax and portfolio service that automatically calculates realized and unrealized gains and losses from exchanges, wallets, DeFi and NFTs. It can import large data sets, track every lot, and show exactly how each gain or loss was calculated, which makes life easier during audits or reviews.
For example, if you move tokens between two wallets and the transfer is not matched correctly, cryptact will flag that movement so you know to fix the link rather than letting a fake “sell” appear in your history. This protects you from reporting gains that never existed.
CoinTracker also aims for accurate results, but some users report accuracy issues, particularly when transaction histories are incomplete or DeFi activity is involved when transaction history is incomplete or when certain DeFi actions are missing. Their own help docs explain that negative balances and errors usually mean not all wallets or exchanges were added and ask users to backfill data before trusting the output.
If you keep your records clean and have a small number of sources, both tools can give correct numbers. If you trade heavily, bridge assets, and touch newer protocols, cryptact’s stricter checks and clear logs reduce the chance of silent mistakes.
Pricing and Value
Pricing is where the gap between these tools becomes obvious.
Cryptact
cryptact’s pricing model is intentionally simple and accessible. Users can begin with a free plan that provides full access to the core features. From there, paid plans start at approximately US$45 per year.
Notably, US$45 is one of the most affordable entry prices among established and well-proven crypto tax tools, making cryptact particularly competitive compared with peers that typically charge more for similar functionality.
cryptact is designed to support heavy traders too, including the availability of an unlimited transaction plan for users with very high activity. Even at higher tiers, pricing remains within sensible budgets for individual investors. Subscriptions are billed annually, and users can generate reports for all tax years covered during the subscription period, ensuring predictable costs even when correcting or re-filing past returns.
CoinTracker
The cointracker pricing structure uses several tiers tied to the number of transactions in a tax year. There is a free plan for basic monitoring, then paid plans that start around US$59 per year and scale up to very high amounts for high volume traders. Public reviews mention pricing that can reach four-figure amounts for very high transaction volumes for users with large transaction counts.
This is fine for someone with a few hundred trades. If you have tens of thousands of transactions, the price difference between the two tools can be large. That matters when you already pay tax plus platform fees.
Integrations and Country Coverage
You only get accurate tax reports if your tool can see everything you did, across all exchanges, wallets and chains. This is where cryptact integrations and CoinTracker’s connection options matter.
cryptact supports over 24,000 cryptocurrencies across 137 exchanges and blockchains. You can connect with API keys, upload exchange files, or simply add public wallet addresses and let the system pull on-chain history.
CoinTracker connects to more than 500 integrations across exchanges, wallets, blockchains and apps. It supports API keys, CSV uploads, public addresses and even WalletConnect, and is tightly linked with big consumer platforms as a default option inside their app ecosystems.
From a country point of view:
For US and UK users, CoinTracker fits naturally into common tax tools and connects to TurboTax and other filing products.
cryptact has strong support for Japan, India and Canada. It publishes country specific guides and works with local tax advisors to make sure its methods match official rules.
For cointracker vs cryptact for Canada users, both can handle Canadian rules, but cryptact’s Canada launch announcement highlights adjusted cost base support and audits in that market as a central focus, not an afterthought.
If you only use big global exchanges, either tool can connect. If you move across chains and want address based imports and country specific tax behaviour, cryptact’s coverage and focus give it a strong position.
Reporting and Ease of Filing
Reporting is where you feel the difference during tax season.
CoinTracker is built to plug into consumer workflows. It generates crypto gain and loss reports that match IRS formats like Form 8949 and Schedule D and exports data directly to tax software. This works well if you want to click “export”, upload to your filing tool and be done.
cryptact generates detailed tax reports and CSVs that show the exact calculation behind each gain, loss and income item. You or your accountant then feed those totals into the right forms or online filing system. That extra detail makes it easier to answer questions later, because each line in the report can be traced back to the original transaction.
A simple example:
If your accountant asks why a certain token sale shows a specific gain, cryptact lets you open that trade, see the original buy lots, and confirm the cost basis. With CoinTracker you can also reach that detail, but it depends more on how tidy your imports were and how well you fixed earlier warnings.
For many users, CoinTracker feels smoother on the filing side, while cryptact feels safer when you care about full traceability.
Which Tool Should You Pick?
For people actively looking for CoinTracker alternatives, cryptact is one of the few tools that can match the same range of integrations while offering better value and more detailed reporting. This article goes beyond a basic cryptact vs CoinTracker comparison and focuses on the practical question users care about most: which platform is better if accuracy, affordability, and global tax support matter to you.
If you decide to explore further, start with cryptact’s official overview, feature list and pricing page: these give you live examples of reports and a clear view of current plans.
