Picking the right crypto tax tool isn’t easy. While both Blockpit and CoinTracking offer tax reporting, Blockpit is simply better—easier to use, more automated, and packed with smarter features. With better tax optimization, compliance, and a sleeker user experience, see why more investors are switching to Blockpit!
Key Facts
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<table>
<tr>
<th></th>
<th>Blockpit</th>
<th>CoinTracking</th>
</tr>
<tr>
<td>Pricing</td>
<td>Starting at 49$</td>
<td>Starting at 120$</td>
</tr>
<tr>
<td>Free Version</td>
<td>Free portfolio tracking with unlimited import</td>
<td>Free portfolio tracking, limited tax reporting, manual import only</td>
</tr>
<tr>
<td>Supported Assets</td>
<td>500,000+</td>
<td>30,000+</td>
</tr>
<tr>
<td>Mobile App</td>
<td>Free for iOS and Android; full functionality</td>
<td>Free for iOS and Android; just portfolio tracking</td>
</tr>
</table>
</figure>
Crypto Tax Reporting
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<table border="1">
<tr>
<th></th>
<th>Blockpit</th>
<th>CoinTracking</th>
</tr>
<tr>
<td>Complete PDF Tax Report</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Supported Countries</td>
<td>100+</td>
<td>100+</td>
</tr>
<tr>
<td>Pre-Filled Tax Forms</td>
<td>✅</td>
<td>⛔</td>
</tr>
<tr>
<td>Accurate Country-Specific Tax Settings</td>
<td>✅</td>
<td>⛔</td>
</tr>
<tr>
<td>Income Overview</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Capital Gains</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Cost Basis Methods</td>
<td>FIFO, ACB, Shared Pool</td>
<td>12 different ones</td>
</tr>
<tr>
<td>Additional Explanation for Tax Authorities</td>
<td>✅</td>
<td>✅</td>
</tr>
</table>
</figure>
Both Blockpit and CoinTracking support 100+ countries with PDF tax reports, income tracking, and capital gains calculations, including detailed summaries for tax authorities.
However, unlike Blockpit, CoinTracking does not provide pre-filled tax forms. Users must manually enter their tax data into filing software or official tax forms. While some third-party integrations exist, CoinTracking does not generate ready-to-file tax forms like Blockpit does for certain countries.
View examples of the Blockpit Tax Reports here: Sample Tax Reports
<div fs-richtext-component="info-box" class="info-box"><div class="flex-info-card"><img src="https://assets-global.website-files.com/65098a145ece52db42b9c274/650c6f4cef4c34160eab4440_Info.svg" loading="lazy" width="64" height="64" alt="" class="icon-info-box"><div fs-richtext-component="info-box-text" class="info-box-content"><p class="color-neutral-800">Watch out: While CoinTracking offers multiple cost basis methods like LIFO and HIFO, many tax offices only accept FIFO. Only Blockpit ensures 100% compliance by automatically applying the correct tax settings, so you can’t choose an invalid method that could invalidate your report.</p></div></div></div>
Country-Specific Reporting
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<tr>
<th>Country</th>
<th>Blockpit</th>
<th>CoinTracking</th>
</tr>
<tr>
<td>USA (IRS forms)</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>UK (HMRC forms)</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Germany (BZSt forms)</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Canada (CRA forms)</td>
<td>⛔</td>
<td>✅</td>
</tr>
<tr>
<td>France (DGFiP forms)</td>
<td>✅</td>
<td>⛔</td>
</tr>
<tr>
<td>Spain (AEAT forms)</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Italy (Agenzia Entrate forms)</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Austria (BMF forms)</td>
<td>✅</td>
<td>⛔</td>
</tr>
<tr>
<td>Netherlands (Belastingdienst forms)</td>
<td>✅</td>
<td>⛔</td>
</tr>
<tr>
<td>Switzerland (FTA forms)</td>
<td>✅</td>
<td>⛔</td>
</tr>
<tr>
<td>Denmark (Skattestyrelsen forms)</td>
<td>⛔</td>
<td>✅</td>
</tr>
<tr>
<td>Finland (Vero Skatt forms)</td>
<td>⛔</td>
<td>✅</td>
</tr>
<tr>
<td>Belgium (SPF forms)</td>
<td>✅</td>
<td>✅</td>
</tr>
</table>
</figure>
<div fs-richtext-component="info-box" class="info-box"><div class="flex-info-card"><img src="https://assets-global.website-files.com/65098a145ece52db42b9c274/650c6f4cef4c34160eab4440_Info.svg" loading="lazy" width="64" height="64" alt="" class="icon-info-box"><div fs-richtext-component="info-box-text" class="info-box-content"><p class="color-neutral-800">Both Blockpit and CoinTracking provide local tax reports to ensure compliance with national regulations. However, CoinTracking lacks full support for key European markets such as France, Austria, the Netherlands, and Switzerland, making Blockpit the more reliable choice for regional compliance.</p></div></div></div>
Tax Optimization
Both tools help reduce your taxes, but Blockpit goes further. With its advanced Crypto Tax Optimizer and Sales Simulator, users save an average of $2,395 through tax-loss harvesting. Watch the video to see why Blockpit is the smarter choice!
Portfolio Tracking
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<table>
<tr>
<th></th>
<th>Blockpit</th>
<th>CoinTracking</th>
</tr>
<tr>
<td>Free Portfolio Tracking</td>
<td>✅</td>
<td>✅ (but limited to 200 transactions)</td>
</tr>
<tr>
<td>Historical Price Info</td>
<td>15 years</td>
<td>15 years</td>
</tr>
<tr>
<td>Portfolio Insights</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>NFT Gallery</td>
<td>✅</td>
<td>⛔</td>
</tr>
</table>
</figure>
Blockpit and CoinTracking both offer free crypto portfolio tracking, but key differences set them apart.
CoinTracking’s free plan limits users to 200 transactions, while Blockpit’s is unlimited. Blockpit also supports 500,000 digital assets vs. CoinTracking’s 30,000, ensuring broader compatibility.
For NFT collectors, Blockpit’s NFT Gallery provides clear overviews and valuations. Additionally, Blockpit offers exclusive portfolio insights, including a holdings allocation chart and a summarized activity breakdown, making it easier to track key earnings like staking rewards.
<div fs-richtext-component="info-box" class="info-box"><div class="flex-info-card"><img src="https://assets-global.website-files.com/65098a145ece52db42b9c274/650c6f4cef4c34160eab4440_Info.svg" loading="lazy" width="64" height="64" alt="" class="icon-info-box"><div fs-richtext-component="info-box-text" class="info-box-content"><p class="color-neutral-800">Blockpit provides fully free portfolio tracking with no limits—connect as many integrations as you need and import unlimited transactions.</p></div></div></div>
Integrations
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<table border="1">
<tr>
<th></th>
<th>Blockpit</th>
<th>CoinTracking</th>
</tr>
<tr>
<td>Exchange Integrations</td>
<td>160+</td>
<td>300+</td>
</tr>
<tr>
<td>Blockchain / Wallet Integrations</td>
<td>260+</td>
<td>200+</td>
</tr>
<tr>
<td>DeFi Protocol Integrations</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Auto-Sync</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>CSV Upload</td>
<td>✅</td>
<td>✅</td>
</tr>
</table>
</figure>
Automatic integrations make crypto tax reporting easier by saving time and reducing errors. Both Blockpit and CoinTracking support many exchanges, wallets, and blockchains. CoinTracking offers 300+ integrations, but Blockpit prioritizes accuracy for more reliable data imports.
<div fs-richtext-component="info-box" class="info-box protip"><div class="flex-info-card"><img src="https://assets-global.website-files.com/65098a145ece52db42b9c274/650c6f4b151815fb0be48cec_Lightning.svg" loading="lazy" width="64" height="64" alt="" class="icon-info-box"><div fs-richtext-component="info-box-text" class="info-box-content"><p class="color-neutral-800">We may support fewer exchanges, but likely the ones you need. Check our integrations list: Blockpit Integrations</p></div></div></div>
Both platforms support DeFi and auto-sync, but Blockpit offers more flexibility—no import limits, a smoother experience, and a better alternative to CoinTracking for crypto investors.
Supported Assets
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<table>
<tr>
<th></th>
<th>Blockpit</th>
<th>CoinTracking</th>
</tr>
<tr>
<td>Supported Digital Assets</td>
<td>500,000+</td>
<td>30,000+</td>
</tr>
<tr>
<td>LP Token</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Derivatives</td>
<td>✅</td>
<td>⛔</td>
</tr>
<tr>
<td>Commodities</td>
<td>✅</td>
<td>⛔</td>
</tr>
<tr>
<td>NFTs</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>FIAT (Euro, Dollar)</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Spam Token Filter</td>
<td>✅</td>
<td>⛔</td>
</tr>
</table>
</figure>
Blockpit supports over 500,000 digital assets, far surpassing CoinTracking’s 30,000+. If it has a ticker, we likely support it. Both platforms cover LP tokens, NFTs, and FIAT, but Blockpit also includes derivatives and commodities. With spam token filtering and broader asset coverage, Blockpit is the smarter choice.
DeFi, Futures, Margin
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<table>
<tr>
<th></th>
<th>Blockpit</th>
<th>CoinTracking</th>
</tr>
<tr>
<td>DeFi Support</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Staking</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Lending / Borrowing</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Add / Remove Liquidity</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Futures & Margin Trading</td>
<td>✅</td>
<td>✅</td>
</tr>
</table>
</figure>
The growth of crypto has fueled the expansion of decentralized finance (DeFi), introducing a wave of innovative financial products, services, and applications. While most crypto tax tools provide basic support for these transactions, the level of coverage varies—Blockpit and CoinTracking included.
Blockpit offers comprehensive DeFi support, covering staking, lending, borrowing, and liquidity management, as well as futures and margin trading. This ensures that users can accurately track and report a wide range of trading activities. CoinTracking provides similar functionalities but lacks certain advanced features, making Blockpit the stronger alternative for those engaging in complex DeFi strategies.
Customer Support
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<table border="1">
<tr>
<th></th>
<th>Blockpit</th>
<th>CoinTracking</th>
</tr>
<tr>
<td>Live Chat</td>
<td>✅ Smart AI Tax Bot</td>
<td>⛔ Generic Chat Bot</td>
</tr>
<tr>
<td>Crypto Tax Guides</td>
<td>✅</td>
<td>⛔</td>
</tr>
<tr>
<td>Email</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Community</td>
<td>✅</td>
<td>⛔</td>
</tr>
<tr>
<td>Help Center</td>
<td>✅</td>
<td>✅</td>
</tr>
<tr>
<td>Webinars</td>
<td>✅</td>
<td>⛔</td>
</tr>
<tr>
<td>Blockpit Academy (coming soon)</td>
<td>✅</td>
<td>⛔</td>
</tr>
</table>
</figure>
Crypto tax can be a complex topic for many, with an ever changing regulatory landscape and a ton of very specific edge cases and scenarios. Unfortunately, Cointracking isn’t doing a lot to support their users on their way to their crypto tax return. Cointracking offers email support and a basic chat bot but lacks live chat and community support. Their tax guides provide only a high-level overview of crypto tax regulations.
Blockpit provides a superior support system, including a smart tax bot trained on crypto tax laws, detailed email assistance, and a comprehensive help center. Beyond support, Blockpit fosters a strong user community of crypto investors and tax experts, hosting regular webinars to address questions and share insights.
Additionally, Blockpit is launching an in-app academy featuring tutorial videos by CEO Florian Wimmer, guiding users through crypto tax reporting and portfolio management for a seamless experience.
<div fs-richtext-component="info-box" class="info-box"><div class="flex-info-card"><img src="https://assets-global.website-files.com/65098a145ece52db42b9c274/650c6f4cef4c34160eab4440_Info.svg" loading="lazy" width="64" height="64" alt="" class="icon-info-box"><div fs-richtext-component="info-box-text" class="info-box-content"><p class="color-neutral-800">Blockpit’s live chat, community support, and webinars make crypto taxes easier, offering a more user-friendly experience than CoinTracking.</p></div></div></div>
Why Blockpit Is the Best Cointracking Alternative for Your Crypto Tax Report
Blockpit is simply the better choice for crypto tax reporting—easier to use, more affordable, and packed with smarter features. The intuitive interface makes tax filing straightforward, while detailed PDF tax reports and pre-filled tax forms save you time and hassle. At just €49 per year, Blockpit delivers top-tier value without compromising on quality.
Blockpit offers responsive, expert support, a smart tax bot, and a comprehensive help center. Plus, with regular webinars and the upcoming Blockpit Academy by CEO Florian Wimmer, you get all the guidance you need.
<div fs-richtext-component="info-box" class="info-box protip"><div class="flex-info-card"><img src="https://assets-global.website-files.com/65098a145ece52db42b9c274/650c6f4b151815fb0be48cec_Lightning.svg" loading="lazy" width="64" height="64" alt="" class="icon-info-box"><div fs-richtext-component="info-box-text" class="info-box-content"><p class="color-neutral-800">Blockpit doesn’t just calculate your taxes—it optimizes them. Advanced tax-saving tools, real-time portfolio tracking, and a sleek, modern design make it the go-to platform for crypto investors. Ditch CoinTracking—switch to Blockpit today!</p></div></div></div>
