Crypto tax software helps investors stay compliant by automatically tracking and calculating their tax liabilities based on their crypto transaction history. Since crypto trades are taxable in most countries, using dedicated tax software is important to avoid becoming overwhelmed and to ensure accurate reporting. We’ve tested the best crypto tax software availbe in 2025.
The Best Crypto Tax Software
Choosing the right crypto tax software is critical for saving time and money. We’ve curated a list of the most reliable tax software to help you ensure you remain tax compliant. Here are our top recommendations:
Crypto Tax Software
Best For
Supported Integrations
Geographic Availability
Pricing
International users
800+ integrations
USA, UK, Canada, and more
Free tracking; plans from $49
TurboTax integration
1000+ integrations
USA, UK, Canada, and more
Free tracking; plans from $49
Best Overall Crypto Tax Software: Koinly
Koinly is our top pick for the best overall crypto tax software because it offers the most comprehensive balance of ease of use, global availability, and powerful tracking. It’s considered the gold standard for investors who hold assets across dozens of different wallets and exchanges.
The software’s standout feature is its Smart Transfer Matching, which automatically detects when you move funds between your accounts. This prevents the common error of those transfers being mislabeled as taxable “sales,” saving you from massive, unnecessary tax bills.
Koinly is also the leader in international compliance, supporting over 100 countries with localized reports for the US (IRS), UK (HMRC), Canada (CRA), Australia (ATO), and many more.
- Leading tax software for crypto users
- Support for all the major crypto exchanges and wallets
- Optional free version
- Available in a large number of countries
Why CoinlLedger Is the Best Software for Easy Filing
CoinLedger is perfect for users who want to connect to mainstream filing platforms. The platform is specifically optimized to export data that TurboTax, H&R Block, and TaxAct can read without errors.
It excels at high-speed data aggregation, supporting over 1,000 integrations. It automatically categorizes transactions—from simple trades to complex NFT mints—and identifies transfers between your wallets to prevent you from being double-taxed.
Plans are structured for every level of trader, offering free unlimited portfolio tracking and tax report plans that start at $49/year for up to 100 transactions.
- Free version available
- 100% Money-back guarantee
- Integrated with TurboTax for added simplicity
- Tools to automate connections to exchanges
Best Web3 Tax Software: Fyn
Fyn (formerly Bear.tax) is ideal for users navigating the complexities of the decentralized web. The software is specifically designed to read complex DeFi transactions, including liquidity pool entries, yield farming rewards, and collateralized loans.
The software supports API integration, which allows real-time data imports. This is critical for businesses that need to monitor tax liabilities daily and not just at the end of the year.
Plans are affordable and start from $10/year for users with under 10 transactions.
- One of the cheaper crypto tax options
- Only available in a handful of markets
- Supports traditional tax software
- Option to communicate with an actual tax professional
Other Top Crypto Software Providers
Of course, there are many other crypto tax software solutions out there as well. And some smaller players in the market tend to have unique, niche features that help them stand out from the rest of the pack.
Taxbit
For a long time, TaxBit was considered the best crypto tax software for traders and investors due to their focus on enterprise solutions. However, in 2023, the software company decided to stop serving individuals and focus on providing tax solutions to major institutions and government clients.
TokenTax
TokenTax is another option that is trying to carve out its space in the crypto tax software industry. With this platform, there is a focus on tokens and decentralized finance (DeFi) platforms. While other platforms only offer support for centralized exchanges, TokenTax can track all of your activity on DeFi apps like 1inch and Curve Finance. If you’re operating on the cutting edge of DeFi, then this will be the best crypto tax solution for you.
CoinTracker
A final competitor to consider when it comes to bitcoin tax software is CoinTracker. While there aren’t many unique features or offerings from this particular option, the fact of the matter is they may have the most simple and intuitive user interface out of the options on the market today. If you’re someone who doesn’t need any extra bells and whistles, then this may be the simplest way to deal with your crypto taxes every year.
- Free crypto tax software for individuals
- Useful for consumers and institutions alike
- A one-stop shop for cryptocurrency accounting
- Very reputable company with backing from the biggest names in crypto
- Global crypto tax software endorsed by many figures in the industry
- Full host of features including tax loss harvesting, margin trading and more
- Can work as standalone tax software
- Full team of accountants to assist you
- Tax software designed for extensive DeFi (decentralized finance) users
- Integrates with traditional tax software
- Free version available
Why Do I Need Crypto Tax Software?
The main reason that you will find that crypto tax software is a necessity is that the rules and regulations around the crypto industry are still rather complicated. Even when you go outside the realm of taxation, there is a tremendous amount of uncertainty around how all the technology around Bitcoin and other crypto assets will be regulated.
In terms of taxation, many jurisdictions are still trying to figure out how exactly they’re going to treat the gains crypto users enjoy from their activities in this new, emerging market. Anyone who sells cryptocurrencies, even if they received them as payment rather than buying them as speculative investments, will likely be facing a taxable event due to that sale.
Additionally, taxable events also occur when you’re simply using a cryptocurrency to purchase something online or in a physical retail store. Obviously, anyone who is all-in on the cryptocurrency revolution will find themselves with a lot of tax headaches if they aren’t automating all of this activity with software that is meant to simplify all of these obligations.
Bitcoin tax software can take care of all your crypto tax issues automatically, which can help you avoid doing hours of your crypto accounting manually.
Features To Consider When Choosing a Crypto Tax Software
Since tax software exists to automate your filing, your top priority should be a solution that minimizes your manual workload. While most platforms share a common goal, the best providers specialize in specific niches. Look for these essential features when comparing your options:
Seamless imports
Different tax software can integrate seamlessly with the best cryptocurrency exchanges and the best crypto wallets. This automation handles 99% of the heavy lifting, saving you hours of manual data entry.
Most top-tier platforms integrate directly with major exchanges and hardware wallets via API or CSV uploads. Pro Tip: If you use decentralized applications (dApps), verify that the software supports your specific DeFi protocols before you buy.
Tax-Loss harvesting tools
Smart investors use tax-loss harvesting to lower their year-end capital gains bill. This strategy involves selling underperforming assets at a loss to offset gains made elsewhere in your portfolio.
High-quality software identifies these opportunities in real-time, flagging exactly which assets you should sell to trigger a capital loss and reduce your overall tax liability.
Transparent pricing
Most crypto tax providers scale their pricing based on your annual transaction volume. In 2026, you can generally expect the following tiers:
Free: Basic portfolio tracking and limited transactions.
- $50 range: Covers 50–100 transactions.
- $100 range: Covers 100–1,000 transactions.
- $200+: Handles high-volume trading or unlimited transactions.
Remember that staking rewards, mining, and simple transfers between wallets often count as transactions. Most platforms allow you to test their full functionality for free; you only pay when you are ready to export your official tax documents.
Reliable customer support
Crypto taxes are notoriously complex, making accessible support a vital feature. While most companies offer email or live chat at every level, they typically reserve “priority” support for higher-priced tiers.
If you have a complex tax situation, look for a “Pro” or “VIP” plan that connects you with a real-life tax professional to review your report before you file.
Is Crypto Tax Software Safe?
In general, crypto tax software is safe because it is not intended for trading or any other kind of activity where your funds could potentially be at risk of theft or loss. When you add an exchange account or public crypto address to your crypto tax software, you are doing so in a manner that does not put your money into the hands of a third party. Instead, crypto tax software is intended to simply be able to view your crypto activity.
That said, you still need to be on the lookout for malicious software. You should only stick to the crypto tax software that we have reviewed and approved, as some apps will try to trick you into handing over sensitive information or potentially even place malware on your computer.
Additionally, you need to make sure that you’re setting up your exchange API keys correctly, as they can also be used for trading via third-party apps. You should always make sure that you are using an API key associated with your exchange account that only allows third-party apps to view your crypto trades rather than make trades or withdrawals on your behalf.
Is Crypto Tax Software Free?
There are various pricing models when it comes to crypto tax software. Some platforms will ask you to pay before you’re able to file your taxes. Others will offer basic features for free and then try to upsell you on extra features that may be targeted towards specific types of crypto trades.
In general, you can expect to get some assistance with your taxes for free from various crypto tax solution providers. That said, you will get the highest level of automation and support if you’re willing to pay a little extra for your crypto tax services. You should always check to see what features are offered for free before choosing a crypto tax service if you’re not looking to pay extra for the help that you can get from these platforms.
Do I Have to Pay Taxes on Bitcoin?
Capital gains tax laws are complex and vary widely by country. In most cases, taxes depend on how long an asset is held before it is sold.
While most countries tax crypto profits, long-term holdings often qualify for reduced rates—and in some cases, even 0% capital gains tax.
Jurisdictions where 0% rates are possible include Belarus, Bermuda, Germany, Hong Kong, Malaysia, Malta, Portugal, Singapore, Slovenia, and Switzerland. However, many of these countries require specific holding periods, and others—such as Austria—tax crypto gains based on income brackets.
Because crypto tax legislation is constantly evolving, consulting a local tax professional is strongly recommended.
Historically, crypto has never been fully tax-exempt and governments have generally applied existing income and property tax laws to crypto activity.
In the United States, the IRS formalized this approach in 2014 by classifying virtual currency as property. In 2019, it further reinforced enforcement by adding crypto disclosure questions to the Form 1040. Although tax software and exchange reporting tools have existed since around 2013, each crypto transaction is still treated as a taxable event.
This means the responsibility ultimately lies with the user to track transactions and remain compliant with their tax obligations.
FAQs
Crypto tax software automates the process of calculating your tax liability by syncing with your exchanges and wallets. Instead of manually tracking every trade, the software pulls your transaction history, applies current tax laws, and generates ready-to-file reports.
Yes, you generally trigger a taxable event whenever you sell for cash, trade one coin for another, or spend crypto on goods and services. With global regulations tightening in 2026, tax agencies now receive data directly from exchanges, making accurate reporting a requirement rather than an option.
No. Transferring crypto from one wallet to another wallet is generally not considered a tax event.
The laws regarding this are still somewhat murky, but, in general, yes.
Generally, tax is paid in the fiat currency of the country of which you are a tax resident. Fortunately, it’s usually relatively easy to convert crypto to cash, so that shouldn’t be a problem.
This is geographically dependent. In the USA, Bitcoin is considered “property,” not currency, which makes it a capital asset like stocks, bonds, or real estate. If it goes up in value and you sell, then you are liable for capital gains tax. In Canada, for instance, Bitcoin is treated as a commodity, and all your gains are treated as business income.
CryptoVantage Best Crypto Tax Software
Last Updated Article: January 1, 2025 by
