Both Crypto Tax Calculator and Coinpanda are two popular crypto tax platforms and are often recognized as two of the leading services today. While there are many similarities between the two, there are also some key differences that may be important when deciding which crypto tax calculator is the right choice for you.
In this detailed comparison, we will see how Crypto Tax Calculator compares against Coinpanda so you can make an informed decision when choosing the right crypto tax calculator.
Integrations
Both Crypto Tax Calculator and Coinpanda support almost all exchanges, wallets, and blockchains that are widely used today.
However, at the time of writing, it does appear that Coinpanda has integrations with more exchanges and wallets than Crypto Tax Calculator currently supports. This might not be a deal breaker for you, so instead, we encourage you to see which platform can best import transactions from the exchanges and wallets you have used.
| Coinpanda | Crypto Tax Calculator | |
|---|---|---|
| Total integrations | 900+ | 606 |
| Supported exchanges | 473 | 161 |
| Supported wallets | 158 | Unknown |
| API integrations | 370 | Unknown |
| Major platforms/blockchains |  | |
DeFi and NFTs
Today, most crypto tax platforms have basic support for typical DeFi transactions such as borrowing, lending, and staking. This includes also Crypto Tax Calculator and Coinpanda which both support the most common transactions.
Both Crypto Tax Calculator and Coinpanda have excellent support for DeFi and NFTs from most blockchains. In fact, compared with all tax platforms today, you probably won’t find any better options.
| Coinpanda | Crypto Tax Calculator | |
|---|---|---|
| General DeFi | | |
| Staking | | |
| Lending/borrowing | | |
| Add/remove liquidity | 450+ protocols | |
| NFTs | 70+ blockchains | |
One detail that separates Coinpanda from Crypto Tax Calculator is an NFT center which is only supported by Coinpanda. However, if you are heavily invested in NFTs, this may not be an important decision factor for you.
Coinpanda NFT center
Portfolio tracking
When it comes to portfolio tracking, there is not a huge difference between Crypto Tax Calculator and Coinpanda. Both platforms let you connect your exchange accounts and wallets using either API keys or your public addresses and offer a dashboard that gives you a full overview of your portfolio holdings and the latest movements in the crypto market.
In addition to basic information such as your crypto assets, both Crypto Tax Calculator and Coinpanda also provide more in-depth details such as cost basis, unrealized gains and losses, and holdings per wallet breakdown.
If you are simply looking for a portfolio tracker, you will most likely be very satisfied using either Crypto Tax Calculator or Coinpanda.
Coinpanda dashboard
Futures and margin trading
In general, Crypto Tax Calculator and Coinpanda are two of the best options for anyone trading futures or derivatives on exchanges such as Binance, Bybit, or Kraken. Both Crypto Tax Calculator and Coinpanda have solid integration for derivatives trading from the major platforms and can handle all transaction types such as trading fees, funding payments, and realized gains and losses.
Because of this, we encourage you to try both Crypto Tax Calculator and Coinpanda to see which platform works best for you and can import your transactions most accurately.
Customer support
Doing your crypto tax calculations can be both a very challenging and intimidating task, and it’s critical that you get enough support and help so that you can generate an accurate tax report.
Chatting with a real person is the best way to get help, and both Crypto Tax Calculator and Coinpanda support this. Although there can be differences in how long time you need to wait before getting a reply, you are likely to get the help you need from both platforms.
| Coinpanda | Crypto Tax Calculator | |
|---|---|---|
| Live chat | | |
| Email support | | |
| Forum support | |  |
| Help Center | | |
Coinpanda has a community forum where you can report bugs and import issues or request new features and integrations, but Crypto Tax Calculator does not currently have this.
Both platforms have an extensive help center with published help articles explaining most of the functionality, troubleshooting missing transactions, and importing transactions from different exchanges and blockchains.
Supported countries
| Coinpanda | Crypto Tax Calculator | |
|---|---|---|
| Complete Tax Report (PDF) | | |
| Income and expense report | | |
| USA, IRS forms | | |
| UK, HMRC report | | |
| Australia, ATO report | | |
| Canada, CRA report | | |
| France, Formulaire 208 | | |
| Sweden, K4 blankett | | |
| Japan, total cost basis | | |
If you are reporting taxes in the US, you are in safe hands with all required IRS forms, including Form 8949 and Schedule D, supported by both Coinpanda and Crypto Tax Calculator. You can also export a CSV file compatible with TurboTax and TaxAct. The same goes also for Canadians, where CRA Schedule 3 can be exported from both Coinpanda and Crypto Tax Calculator.
However, anyone outside the US, Canada, or Australia will find that Crypto Tax Calculator does not offer any detailed tax reports or tax forms. Coinpanda, on the other hand, lets you export detailed country-specific tax reports for all major jurisdictions such as the UK, France, Japan, and many others.
Free plan
| Coinpanda | Crypto Tax Calculator | |
|---|---|---|
| Portfolio tracking | | |
| Transaction details | | |
| Cost analysis | | |
| Capital gains preview | | |
| NFT center | | |
| Tax reports | 25 transactions | |
The free plan offered by both Crypto Tax Calculator and Coinpanda lets you explore most features before deciding to upgrade to a paid tax plan. The free plans come with complete portfolio tracking, access to transaction details and cost analysis, and much more.
In fact, there is not much that separates Crypto Tax Calculator and Coinpanda on the free plan, with the exception that Coinpanda provides full access to all tax reports and forms if you have 25 transactions or less. This might be an important feature for anyone who wants to preview the available tax reports before upgrading.
Pricing
Both Crypto Tax Calculator and Coinpanda have similar pricing plans. The amount you pay depends on the total number of transactions for a specific tax year.
Although the pricing is fairly similar, it’s important to be aware that Coinpanda may import significantly fewer transactions from derivatives and futures trading by consolidating all transactions from the same day into a single transaction. This means that you may end up with fewer transactions in a given tax year, so you only need to upgrade to a lower tax plan on Coinpanda, thus saving money!
Conclusion
After reading this comparison guide, it should be clear that both Crypto Tax Calculator and Coinpanda are great options for anyone looking for a crypto tax calculator. Although there are small differences, most crypto investors will find that both platforms can help calculate crypto taxes and provide an accurate tax report.
One key decision factor may be that Coinpanda has more integrations than Crypto Tax Calculator does today. This is important since unless you want to spend hours manually importing your transactions in Crypto Tax Calculator, you may find the API integrations offered by Coinpanda help you save hours.
Although we might be slightly biased, our conclusion is that Coinpanda is the overall winner based on the aforementioned reasons!
