Crypto tax software simplifies ATO compliance reducing stress and potential penalties.
Compare platforms for integrations, specific features like DeFi or NFTs and transaction volume.
Syla offers significant value with 10,000 transactions and all tax years for $59.
The Australian Taxation Office (ATO) is cracking down on crypto activity which means it's more important than ever to make sure you've got your ducks in a row ahead of tax time.
Unfortunately, tax rules on crypto can be seriously complicated and keeping track of your various transactions is no easy task.
This is where crypto tax software programs can make a big difference. They make it easier to record your cryptocurrency transactions, track any capital gains or losses and report them to the ATO.
To help you compare, we've compiled a list of what we think are some of the best crypto tax software programs in Australia.
Our selection of the best tax crypto software is based on a methodology that compares features like price, number of integrations, usability and ATO compatibility. Our best picks are updated by our editorial team throughout the year in line with changes in the market.
"Top picks" are those we've evaluated to be best for certain product features or categories. If we show a "Promoted" pick, it has been chosen from among our commercial partners and is based on factors that include special features or offers and the commission we receive.
Keep in mind that these picks are suggestions and that the crypto tax software that is best for you will depend on your individual needs. There may be other products on the market not included in our picks.
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific
provider, service or offering. It is not a recommendation to trade.
Compare crypto tax software
Use the table below to explore crypto tax software for tracking, calculating and reporting your crypto taxes. Compare prices and features to find the right platform for your needs.
3 of 7 results
Price disclaimer: Last verified June 2025. Prices are subject to change and should be used as a general guide only.
Koinly is an Australian service that integrates seamlessly with over 800 platforms and exchanges, 100+ wallets and more than 170 different blockchains.
You can generate a tax report in as little as 20 minutes which is made for the ATO (MyTax) or your local tax agent.
The platform is very easy to use and the automated software can connect to your exchange accounts and handles most of the hard work for you.
It supports advanced transaction types including margin and futures trading, staking, lending and DeFi.
Pros
Specialised tax reports. Koinly offers specialised tax reports for Australia and several other countries around the world.
Supports over 800 exchanges and wallets. Koinly offers integrations with over 400 exchanges and more than 100 cryptocurrency wallets, ensuring easy auto-syncing of your transaction data.
Advanced features. Koinly also tracks DeFi transactions as well as margin trades and futures, plus it includes multiple tools designed to detect and fix any issues with your transactions.
Cons
No free option. While Koinly offers a free plan you can use to track up to 10,000 transactions, you'll need a paid plan if you want to generate any tax reports.
"Having tried quite a few crypto tax services, I find Koinly to be the best overall because of its number of integrations, easy-to-use platform and affordable tiered plans."
Summ offers Australian-made crypto tax software designed to meet ATO guidelines. The software calculates your profit and loss and produces a range of ATO-compliant reports, ready for your tax agent or MyGov.
It supports more than 3,500 integrations, including 160+ leading exchanges, 510+ wallets and an incredible 2,300+ DeFi protocols. It includes support for NFTs and marketplaces like OpenSea and LooksRare.
Summ also offers a professional software suite for accountants and bookkeepers.
Pros
Up to 100,000 transactions. Summ's Trader plan allows you to track and report up to 100,000 transactions.
Wallet support. Supports 510+ wallets across a diverse number of blockchains including Ethereum, Binance Chain, Solana, Polygon and many more.
DeFi integrations. Summ supports just under 3,000 DeFi protocols and services which is sure to satisfy even the biggest degen traders.
Cons
No free plan. You can try the platform for free and import data, but you will need to pay to receive a calculated report.
Tiered system. Summ locks you out of certain features, such as DeFi trades unless you pay for the highest plans.
CoinTracking offers no-frills cryptocurrency portfolio tracking and tax reporting services for customers in Australia and over 100 countries.
You can get a tax report with up to 200 transactions using the free plan. The catch is you will need to manually import your transactions using CSV files, but if you're willing to invest the time that's a saving of around $50 compared to similar services.
The full-featured Unlimited plan is also excellent value, at only USD $54.99 a year it gives you an unlimited number of transactions and all the additional features of the service. Features include advanced analysis tools, priority customer support and faster calculations.
Pros
Up to 200 transactions free. You can generate tax and capital gains reports on up to 200 transactions when you sign up for a free plan.
Wide range of reports. You can use CoinTracking to generate 25 customisable reports including profit/loss and realised and unrealised gains.
Support. CoinTracking offers a huge online database of frequently asked questions to help new users understand how to use the platform. How-to videos are also available, or you can create a support ticket to get the assistance you need.
Cons
No automatic imports on free plan. If you want to automatically import transactions, you'll need to upgrade to a paid plan.
A little complicated. If you're new to the world of crypto tax tracking and reporting, you may find the CoinTracking interface a little confusing at first, especially when compared to platforms like Koinly and Summ.
CoinLedger, formerly CryptoTraderTax, has been helping cryptocurrency traders with their transaction reporting since 2018.
It offers specialised software for NFTs, which can often require a lot of manual work with other software. On CoinLedger you simply import your wallet address and it does the rest, summarising your profit and loss in a neat report.
There is native support for OpenSea, Blur, Magic Eden, Rarible, ENS and a large number of DeFi apps.
Pros
Native support for NFTs. CoinLedger boasts native support for Ethereum NFTs and all leading marketplaces like Blur, Magic Eden and OpenSea.
Unlimited plan available. If you're a frequent trader, CoinLedger's top plan supports an unlimited number of transactions.
Free tax preview. You can generate and view a free preview tax report and then pay when you need to download your tax forms.
Multiple reports. CoinLedger allows you to generate a short- and long-term gains report, a cryptocurrency income report and a tax loss harvesting report to help you minimise your tax obligations.
Cons
US pricing. CoinLedger subscriptions are priced in US dollars, so consider the currency conversion rate when deciding whether it's right for you.
Ethereum NFTs only. The software only offers native support for Ethereum NFTs. You can manually import transactions via CSV for other chains.
No free plan. The free plan lets you import unlimited transactions and test the software but it will not export a tax report for you.
Syla is designed by Australian tax professionals and distinguishes itself on tax minimisation and great value.
The Budget plan is only $59 but includes up to 10,000 transactions. Many other platforms charge between $250 and $350 for that many transactions. Better yet it covers all financial years, so if you're behind on your tax you can catch up with a single subscription. Again, many other platforms will charge you a subscription for each tax year you want to cover.
Syla attempts to minimise your tax bill by using a proprietary Lowest Tax First Out (LTFO) method to select the parcel that will create the lowest tax obligation.
The team boasts a strong line-up of tax professionals, including a chartered accountant (CA), tax adviser (CTA), tax lawyer (LLB) and a SMSF specialist adviser (SSA).
Pros
Great value. The Budget plan is only $59 but includes 10,000 transactions and lets you cover all financial years.
High transaction limit. The 10,000-transaction limit with every account is especially useful for anyone who uses staking or earn services which often pay out daily.
Supported exchanges. Syla now has native support for many major Australian and global exchanges. You can also import a CSV file from any exchange and it will work with the software, but the process is a bit more manual.
Australian customer support. Syla's customer service team is based in Australia. When we tested it, response times took about an hour, but we were connected with a qualified tax specialist which was a pleasant surprise.
Cons
No native Solana support. It now offers API sync on Ethereum, Cardano, BSC and a number of other chains, but no native support for Solana.
Pricing by tier (per year)
Budget - AUD $59 - 10K transactions and ATO tax report
Assurance - AUD $149 - Budget + assurance reports
Tax Saving - AUD $249 - Assurance + lowest tax
Private Wealth - AUD $389 - 100K transactions + Tax Saving + Trust, Company and SMSF accounts
Coinpanda lets you generate crypto tax reports in less than 20 minutes.
It has deep integrations with over 2,400 exchanges, wallets and blockchains. There is support for ATO (myTax) reports as well as 65 other countries.
This includes transaction types like earning rewards from staking and yield farming and support for DeFi protocols on Ethereum, Solana and Cardano. NFTs are supported and there is integration with OpenSea.
Prices are in US dollars, which makes its lower tiers more expensive than some local options like CryptoTaxCalcualtor or Koinly.
Pros
Supports 500+ exchanges. Coinpanda has direct integrations with over 500 exchanges and 75 wallets, making it easy to import your transaction data.
Quick and easy to use. Many customers praise Coinpanda for how easy it is to use. The platform's user-friendly interface is intuitive and simple to navigate.
All your tax needs. Coinpanda not only lets you generate capital gains and cryptocurrency income reports, it also lets you calculate profits and losses on futures and margin trades as well as DeFi transactions.
Professional suite. Coinpanda also offers a software suite so that CPAs and tax professionals can generate tax reports for their clients.
Cons
US pricing. Remember to consider the exchange rate when deciding whether a Coinpanda plan is right for you.
Not the most affordable for high-volume traders. If you've placed more than 20,000 transactions in the past year, you may find that other crypto tax software providers offer more affordable plans for you.
Formerly known as Accointing, Blockpit is a global crypto portfolio and tax calculator that supports more than 250,000 crypto assets.
Along with free portfolio tracking and free mobile app, its tax calculator offers detailed performance metrics and tax optimisations and supports API, public key and CSV imports, as well as manual transactions.
It has native support for a good range of popular Australian exchanges including CoinSpot, Binance and Kraken, as well as wallets like MetaMask and Ledger, and blockchains like Solana, Cardano and Ethereum.
Pros
Multiple import and export options. Add your data by API keys, CSV files or manual import. Or download your tax information as PDF, CSV and XLSX files so you can file your taxes yourself, through other tax software or with an accountant or CPA.
Tax optimisation tool. The free Trading Tax Optimiser tells you how to execute your trades to help you meet your tax goals, including harvesting your losses.
Cons
Payment is in euros. AUD is currently not supported
Email support only.While there's a chatbot, there's no live chat support
Cheapest plan has a 50 transaction limit.Plans are also charged on a yearly basis
Doesn't offer many API integrations.Some exchange and wallet integrations must be done with a history file or with manual support, not via API.
Pricing by tier (per year)
Free — Unlimited (monitoring only)
Lite US$49 — up to 50 transactions
Basic US$109 — up to 1,000 transactions
Pro US$269 — up to 25,000 transactions
Unlimited $639 — up to 500,000 transactions
Supported exchanges
Limited API support
Supported exchanges: Limited API support
Free plan: Unlimited (monitoring only)
Starting price: AUD $49 for 50 tx
Best for Binance users: Binance Tax
Binance Crypto Tax Reporting
Binance Tax is a free service for Binance users that analyses your Binance account and provides you with a free tax report.
It's very simple and easy to use, with only a few buttons to press.
It's particularly useful if you have been using Binance to earn yield on crypto, as yield is usually paid out daily which is considered a taxable event. So if you used a paid service, you could quickly reach the transaction limit due to yield payouts.
Pros
Free. Binance Tax is free for Binance users and only works with your Binance account.
Simple. There are only 4 possible cost basis methods. You can consult the How It Works menu to understand which you should use.
Cons
Binance only. Does not work with any other exchange.
Simple. Anyone with more complex needs may want to use a more general software with a wider range of features.
Pricing by tier (per year)
Free for Binance users.
Supported exchanges
Binance only
Supported exchanges: Binance only
Free plan: Full account
Starting price: Free
How we chose the best crypto tax software
To help Australian crypto investors pick the right tax software, we evaluated each platform for compliance, costs and functionality, prioritising those that align with ATO guidelines. We took into account the following:
Price. We compared crypto tax software plan prices and what you get for the money you pay. Not only did we search for the most affordable plans for different types of cryptocurrency investors and traders, we also searched for those plans that offer the best value for money.
Integrations. We considered the number of exchange, wallet, blockchain and coin-tracking service integrations each provider offers. This allows for easy importing of all your cryptocurrency transaction data using API keys or CSV files.
Ease of use. Next, we compared crypto tax software to find out how easy it is to use. From signing up to importing transaction data and generating tax reports, we looked for programs that simplify the process from start to finish.
Included tax forms and reports. The best crypto tax software is optimised for use with Australian tax rules. This not only means it has the ability to calculate capital gains and losses, but it can also do things like take into account the 50% CGT discount on assets held for more than a year, plus calculate income from staking, lending and more.
Accountant access. Once you’ve generated your tax report, we inspected how easy it is to give your accountant access to your tax report and export your data to popular tax-filing software.
Customer service. Finally, we also considered how you can get in touch with a software provider’s customer support team, what previous users have to say about the level of customer support and whether they also offer online help resources.
How crypto tax software works
Crypto tax software keeps a record any transactions you make with crypto for the purposes of creating a tax report for the ATO.
Here’s how it works.
Import data: First, you'll import all of your transaction data from your crypto exchanges and wallets.
Transaction classification: The software will then identify and classify taxable events including capital gains and income.
Report generation: You'll be able to export a tax report detailing your crypto profits and income, including staking and mining.
Filing: You'll then submit the data from the report into myTax or to an accountant so they can file for you.
Koinly explains Aussie crypto tax and how its software works
8:26
Is crypto tax software worth it?
Crypto tax software can save you a whole lot of stress and time when filing your tax return. This is particularly true if you’re a frequent trader, as trying to reconcile your transactions manually would involve a whole lot of work.
Remember that disposing of cryptocurrency triggers a CGT event, even if you’re only exchanging one crypto for another, so even casual traders may well have a large number of transactions they need to report to the ATO. Using reputable crypto tax software is a simple way to make sure you stay in the ATO’s good books while also saving yourself time and hassle.
Time-intensive, prone to errors, may miss deductions
Getting it wrong
Potential ATO penalties or audits
—
Penalties, back taxes, flagged accounts
That said, it’s important to shop around to find the right software provider and plan for your needs. Pricing varies based on the number of transactions you need to track and the type of transactions. For example, you may need to pay more if you’ve dabbled in DeFi rather than just trading on centralised exchanges, so compare a range of plans before choosing the best one for you.
After the crypto markets enjoyed a strong 2024, it is likely that there will be further scrutiny on Australians who have bought or sold cryptocurrencies in the 2024-25 financial year.
Ahead of the end of the 2023-24 financial year, the ATO requested that crypto exchanges hand over the account and transaction details of up to 1.2 million accounts to help identify trades who may not be reporting their tax obligations1.
The ATO has reiterated that all crypto transactions, including buying, selling, or trading, are subject to Capital Gains Tax or Income Tax in Australia. This also extends to wrapped tokens and using decentralised finance (DeFi) protocols. If you're found to be evading tax on your crypto gains, the penalties can range from fines to imprisonment, depending on the severity and intent of your offense.
The ATO can impose two types of penalties for tax-related offenses: administrative penalties and criminal penalties for more severe cases. Administrative penalties involve a fine calculated using a statutory formula, which since July 2020, involves penalty units worth $222 each.
The number of penalty units imposed depends on the behaviour of the taxpayer and the amount of tax avoided. The more intentional the tax evasion and the larger the amount evaded, the higher the penalty, with a maximum penalty of 200 units and two years in prison.
For cases where the ATO determines that a taxpayer intentionally disregards the law, a penalty of 75% of the outstanding tax liability can be imposed, in addition to the tax itself and interest on the shortfall.
With this in mind, using crypto tax software to track and report your transactions can help ease stress come tax time.
This is a complex and novel tax area. The crypto tax calculator is provided as general information only and we recommend that you seek independent tax advice. The crypto tax calculator does not purport to be a complete statement of all Australian income tax implications that may be relevant to crypto transactions. The Australian income taxation implications may vary depending on the individual circumstances. We recommend obtaining personal and specific tax advice prior to the lodgement of your income tax return.
The capital gains tax (CGT) is calculated by first determining if there is a capital gain, which is calculated by subtracting the purchase price of the asset, the purchase costs and the sale costs from the sale price of the asset. If there is a capital gain, the individual's total tax payable is then calculated by applying their marginal tax rate for the current financial year to their total taxable income including the capital gain (which may include a discount if held for over 12 months). The figure provided by the calculator relates to the portion of tax payable as a result of the capital gain.
Assumptions and limitations
The calculator assumes the following:
The individual is a permanent resident of Australia for the entire current financial year
The asset:
Was purchased after 21 September 1991
Is owned by the individual and not a business entity
Is not an owner-occupied home
Is not part of a super fund
Is not otherwise exempt from the CGT rules
The Medicare levy surcharge rate is not payable.
This calculator provides an estimate only and is not a replacement for professional financial advice.
Our cryptocurrency tax calculator is designed for a simple estimation of your capital gains tax (CGT).
It works by calculating the profit or loss from a trade and estimating the CGT tax owed.
You can add multiple trades and toggle whether or not you've held an asset for 12 months or more, which will apply the 50% CGT discount.
You may be eligible for the 50% CGT discount if you have held on to an asset for more than 12 months without disposing of it – which means you have not sold it or swapped it for another cryptocurrency.
To use the calculator, follow these steps:
Add each trade to a new row. A trade is when you have bought then sold an asset once.
Add your purchase price for the asset in the Purchase value (AUD) column and then the price you sold it for in the Sold value (AUD). If you held the asset for more than 12 months without disposing of it (e.g. selling it, trading it or swapping it for another asset) then you can toggle the switch which will apply the CGT discount for that trade.
Add as many trades as you need.
Once you have added all your trades, add your taxable income to the bottom left field. This should include your salary plus any other income, including capital gains from any other assets that were not added to the calculator.
Press the green Calculate button. You will be shown an estimate of your capital gains and taxable capital gains.
Case Study
Scenario: Alex, a Sydney-based crypto investor, engaged in various activities, including trading, staking, and NFT transactions, across multiple platforms in the 2024–2025 financial year.
Challenge: Manually tracking over 1,000 transactions became overwhelming, leading to potential inaccuracies and missed deductions.
Solution: Alex adopted Koinly, which seamlessly integrated with his exchanges and wallets. The software automatically categorized transactions, identified taxable events, and generated ATO-compliant reports.
Outcome: By using Koinly, Alex saved approximately 20 hours of manual work and identified $2,000 in deductible losses, optimizing his tax return.
Bottom line
There are a host of reputable options to choose from if you’re comparing crypto tax software. All of them can make tax time easier and less stressful.
But what is the best crypto tax program? It really depends on how many transactions you’ve made, the type of transactions and how much you’re willing to pay. Compare a range of crypto tax software programs to find the right provider and plan for your needs.
Frequently asked questions
There are some free plans available that support limited transactions, but most software providers offer tiered pricing structures based on the number of cryptocurrency transactions you've made in a financial year. You'll need to compare plan prices and features across a range of providers to find the best value for money.
However, remember that some providers charge fees annually while others charge monthly and some quote prices in US dollars rather than Australian dollars.
For investors, the ATO treats cryptocurrency as a capital gains tax (CGT) asset. This means that when you dispose of any cryptocurrency, for example by selling it for Australian dollars or exchanging it for another cryptocurrency, you’ll need to pay tax on your capital gain.
As an individual or sole trader, you can request an amendment to your tax return if you realise you’ve made a mistake or forgotten to include any information. You can lodge an amendment online, on paper, by letter or through your registered tax agent. You have 2 years after receiving your notice of assessment to do so.
In rare cases, cryptocurrency may be classified as a personal use asset and will not be subject to capital gains. However, for the majority of cryptocurrency investors, selling cryptocurrency, exchanging it for another cryptocurrency or gifting it to someone else will trigger a CGT event. A 50% CGT discount applies if you hold the cryptocurrency for more than 12 months before disposing of it, but it’s worth contacting a crypto tax expert for advice tailored to your situation.
We've rated Koinly as the best overall crypto tax software for Australians in 2025, while Syla is the best for value.
While not mandatory, it simplifies the tax reporting process and reduces the risk of errors.
Yes, many platforms now support complex transactions, including DeFi activities and NFT trades.
Some platforms offer free tiers with limited features including CoinTracking, Coinpanda and Blockpit, however, advanced functionalities typically require a paid plan.
Choose software that aligns with ATO guidelines and consult with a tax professional if uncertain.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly
volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of
future performance. Consider your own circumstances, and obtain your own advice, before relying on this information.
You should also verify the nature of any product or service (including its legal status and relevant regulatory
requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.
James Edwards is a seasoned cryptocurrency expert and content creator with over a decade of experience in blockchain, DeFi and Web3. An early adopter of Bitcoin, he has contributed to major outlets like Nasdaq, CoinDesk, and The Street, and has reported at leading industry events such as TechCrunch Disrupt and CoinDesk Consensus. James has produced over 200 YouTube videos, including interviews with influential figures like Changpeng Zhao (CZ) and Tim Draper, and holds a Bachelor of Liberal Arts & Sciences in Psychology from the University of Sydney, along with a Tier 1 Generic Knowledge certification in compliance with ASIC standards. James created cryptocurrency content at Finder as a video producer, writer and editor from 2018 to 2023.
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Kylie Purcell is an experienced investments analyst and finance journalist with over a decade of expertise in a wide range of financial products, including online trading platforms, robo-advisors, stocks, ETFs and cryptocurrencies. She is a sought-after commentator and regularly shares her insights on the AFR, Yahoo Finance, The Motley Fool, SBS and News.com.au. Kylie hosts the Investment Finder video series and actively contributes to the investment community as a judge and panellist. She holds a Master of Arts in International Journalism, a Graduate Diploma in Economics, and ASIC-recognised certifications in securities and managed investments.
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Kylie's expertise
Kylie
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Finder guides across topics including:
A comprehensive review of CoinTracking, the portfolio manager that aims to make it easy to track all your digital currency trades and simplify tax time for crypto buyers.
Read our comprehensive guide to comparing and choosing cryptocurrency tax accountants and tax agents in Australia.
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