CoinLedger review
Our verdict
CoinLedger is a beginner-friendly, ATO-compliant crypto tax tool backed by responsive customer service and transparent pricing.
CoinLedger's ability to generate profit and loss reports across a large number of platforms is a massive advantage over some competitor products. It offers a fair pricing model relative to the industry and tiered plans to suit a range of needs, with the unlimited plans providing good value for high-volume traders.
Pros
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Easily import historical data. Once you connect to your chosen exchange or wallet, you will be able to see your full transaction history.
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ATO compliant. Tax reports are designed with the ATO and local tax requirements in mind.
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Support across any crypto platform. With so many exchanges and wallets available, CoinLedger allows you to access all of your transaction history in a single place.
Cons
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Other crypto tax platforms offer free use for hobbyist traders. CoinLedger charges US$49 for hobbyist traders (100 transactions), while you can get this for free with some other crypto tax providers.
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Classifying imports can get messy. If you’re a trader with multiple wallets, you may be required to declare how you originally acquired some of your crypto.
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Prices are in USD. CoinLedger is a US-based platform, so all fees are charged in USD, which will also incur exchange costs if using AUD.
What is CoinLedger?
CoinLedger (formerly CryptoTrader.Tax) is a crypto tax platform that generates reports from any exchange or public wallet address, ready for the ATO or your accountant.
It was first launched in 2018 by a group of US based entrepreneurs. Today it has developed into being fully ATO compliant to suit Australian crypto investors.
The platform allows users to automatically import transactions from hundreds of exchanges, wallets and blockchains, then generates tax reports compatible with the ATO, TurboTax, and other major tax platforms. It supports everything from spot trades and staking rewards to NFTs and DeFi transactions.
Key features
- Automated tax report generation compliant with ATO standards.
- Tax reports can be generated from over 500 cryptocurrency exchange and wallets.
- Assets with an unverified origin will need to be classified manually, which can be time-consuming, but normal for crypto tax software.
- Support for DeFi, NFTs and staking transactions.
- Plans range to accommodate hobbyists as well as advanced traders with over 5,000 transactions.
How does CoinLedger work?
CoinLedger is simple to use and easy to get started. Once logged in, you will be prompted to select relevant exchanges or wallets. Next, enter your read-only API keys, or public wallet address for all selected accounts.
After importing accounts and classifying transactions, you will be able to review your entries and generate your report. Once your report is generated and payment verified, you will be able to select whether to import into CoinLedger’s partnered tax software providers TurboTax or TaxAct. If you would prefer to file the report yourself, or send it to your accountant, you can skip this step.
What cryptocurrencies can I use with CoinLedger?
CoinLedger is able to generate profit and loss reports for all cryptocurrencies as well as NFTs from marketplaces including OpenSea.
How much does CoinLedger cost?
CoinLedger’s pricing is a tiered structure based on the amount of transactions in your imported wallets. Plans range from 100 transactions right to unlimited.
There's a free portfolio tracking account that lets you import your transaction history as well as calculate capital gains and losses. However, to download your tax report, you'll. need to upgrade your account to one of the paid services.
All paid plans include full tax reporting features, such as support for DeFi, NFTs, staking and integration with ATO tax systems.
You can pay using Visa, Mastercard or American Express. A 14-day money back guarantee is available on all packages.
| Portfolio tracking (no tax report) | Hobbyist | Advanced | Unlimited |
|---|---|---|---|
| $0 | US$49 | US$99 | US$199 |
| Unlimited transactions | 100 transactions | 1,000 transactions | 3,000+ transactions |
How it compares on prices
At first glance, CoinLedger's pricing is comparable to other tax platforms, like Koinly and Crypto Tax Calculator.
That being said, once you convert its USD prices into AUD, it starts to become a little more expensive for low-frequency traders.
For example, a trader seeking a basic account of 100 transactions or less will pay US$49 (approx. AU$78) for CoinLedger's Hobbyist account, while Koinly charges AU$69 and Crypto Tax Calculator AU$49 for their equivalent basic accounts.
Where it starts to become more attractive is for high frequency traders on the unlimited account offering, priced at US$199 (approx. AU$307) per year. A trader making more than 10,000 transactions a year by comparison would pay AU$399 with on Koinly and Crypto Tax Calculator's pro accounts.
Coinledger user experience
CoinLedger is generally praised for being intuitive and accessible for both beginners and advanced crypto users.
Many reviews highlight its clean dashboard and seamless wallet/exchange syncing as well as its responsive customer service.
On TrustPilot it has an average score of 4.6/5 as of June 2025. One user shared:
“The site is easy to understand, much of the coin tracking is automated, and there is live customer service/ chat if you have a question.”
That said, some users have noted occasional delays or limitations with specialised services, like the Expert Review process, especially when dealing with large or complex transaction histories.
Who is CoinLedger best suited for?
CoinLedger’s tax reporting software is designed to accommodate beginner to advanced crypto users. Importing transaction history is as simple as entering your public wallet address, or the read-only API key provided by your cryptocurrency exchange.
For customers making more complex transactions across multiple platforms, things can be more difficult. For unidentifiable transactions, you will be required to declare where the funds originated, whether from staking rewards, an airdrop, a token mint, etc.
Suitable for:
- Australian crypto investors seeking ATO-compliant tax reports.
- Users with transactions across multiple platforms, including DeFi and NFTs.
Not Suitable For:
- Users preferring to pay for services using cryptocurrency.
- Investors with extremely complex transaction histories requiring extensive manual adjustments.
Is CoinLedger safe? What are the risks?
CoinLedger utilises industry best practices including end-to-end encryption on all traffic, keeping your data safe and secure.
The main risk associated with any form of cryptocurrency or blockchain interaction is private key security. Always be sure that you’re submitting your public wallet address and not your secure keys.
How to sign up for CoinLedger
Signing up to CoinLedger, (formerly CryptoTrader.Tax) is simple and can be completed in a few steps:
- Enter your personal information
- Verify your account
- Select your currency and country
- Import and review your transaction history
CoinLedger alternatives
Frequently asked questions
Sources
Your reviews
Billy Finder
Cryptocurrency writer
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