Both ZenLedger and Coinpanda are two popular crypto tax platforms, and 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 ZenLedger compares against Coinpanda so you can make an informed decision when choosing the right crypto tax calculator.
Integrations
Both ZenLedger and Coinpanda support most exchanges, wallets, and blockchains that are widely used today.
However, Coinpanda integrates with more exchanges, blockchains, and wallets than ZenLedger currently supports. This might not be a deal breaker for you, so we encourage you to see which platform can best import transactions from the exchanges and wallets you have used.
| Coinpanda | ZenLedger | |
|---|---|---|
| Total integrations | 900+ | 550 |
| Supported exchanges | 473 | 400 |
| Supported blockchains | 280 | 42 |
| 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 ZenLedger and Coinpanda which both support the most common transactions, but there are some important differences to be aware of.
Based on our users’ feedback and observations, ZenLedger does not support DeFi from popular blockchains like Solana, Cardano, Algorand, and other L1 blockchains. It appears that ZenLedger has focused mainly on Ethereum and other EVM blockchains, while Coinpanda has DeFi integration with almost all popular L1 blockchains today.
Depending on which blockchains you have used or will use in the future, this might be a deciding factor. DeFi transactions can be very complex, so it’s critical that you choose a tax platform that can import all your transactions correctly with minimum manual corrections.
Another detail is that DeFi is only available on ZenLedger’s higher plans, so you need to upgrade to a paid tax plan before you can try out these DeFi features.
| Coinpanda | ZenLedger | |
|---|---|---|
| General DeFi | | Premium plan required |
| Staking | | Premium plan required |
| Lending/borrowing | | Premium plan required |
| Add/remove liquidity | 450+ protocols |  Few protocols |
| NFTs | 70+ blockchains | Few blockchains |
The same goes for NFTs. Coinpanda supports automatic import and tracking of NFTs from many more blockchains than ZenLedger does. At the time of writing, Coinpanda supports NFTs from blockchains such as Flow and NEAR, which ZenLedger does not support.
As a bonus, Coinpanda has an NFT center that lets you view all NFTs and their associated cost basis, so Coinpanda does take the lead on ZenLedger when it comes to NFT support.
Coinpanda NFT center
Portfolio tracking
Both ZenLedger and Coinpanda offer free portfolio tracking. You can connect your exchange accounts and wallets using either API keys or your public addresses, and the dashboard 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, Coinpanda provides more in-depth details such as cost basis, unrealized gains and losses, and holdings per wallet breakdown, which ZenLedger currently does not offer.
If you are looking for a free portfolio tracker, you will most likely be more satisfied with Coinpanda than ZenLedger.
Coinpanda dashboard
Futures and margin trading
Both ZenLedger and Coinpanda support derivatives trading and can handle all transaction types, such as trading fees, funding payments, and realized gains and losses.
However, because of the limited number of integrations with trading platforms supported by ZenLedger, you might be unable to import futures transactions automatically and accurately.
Because of this, we encourage you to try both ZenLedger 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 ZenLedger 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 | ZenLedger | |
|---|---|---|
| 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 ZenLedger does not have this at the current moment.
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 | ZenLedger | |
|---|---|---|
| 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 ZenLedger. You can also export a CSV file compatible with TurboTax and TaxAct.
However, anyone outside the US will find that ZenLedger 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, Australia, France, Japan, and many others.
Free plan
| Coinpanda | ZenLedger | |
|---|---|---|
| Portfolio tracking | | |
| Transaction details | | |
| Cost analysis | | |
| Capital gains preview | | |
| NFT center | | |
| Tax reports | 25 transactions | |
The free plan offered by both ZenLedger 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 ZenLedger 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 ZenLedger and Coinpanda have a similar pricing plan structure. How much you need to pay depends on the total number of transactions for a specific tax year. All plans give you lifetime access to download tax reports for the year to which you have upgraded. Both platforms also have custom plans for users with a large number of transactions exceeding the lower plans.
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, we hope you have gained insight into some of the most important differences between ZenLedger and Coinpanda.
One key decision factor may be that Coinpanda has more integrations than ZenLedger does today. This is important since unless you want to spend hours manually importing your transactions in ZenLedger, you may find that the API integrations offered by Coinpanda help you save time and effort.
Although we might be slightly biased, our conclusion is that Coinpanda is the overall winner and provides more value for money than ZenLedger!
