Looking for a new crypto tax tool? There are many good reasons to make the switch from Cointracking. Discover why Blockpit’s tax reporting, pricing, and user-friendly features make it the best Cointracking alternative.
Looking for a new crypto tax tool? There are many good reasons to make the switch from Cointracking. Discover why Blockpit’s tax reporting, pricing, and user-friendly features make it the best Cointracking alternative.
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!
<figure class="block-table">
<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 imports. Premium features included in Blockpit Plus can be tested free for 14 days and do not auto-renew.</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>
<figure class="block-table">
<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>136+</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
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</svg></div><div class="label"><span class="text_bold text-color-blue">Watch Out</span></div></div><div class="label">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.</div></div>
<figure class="block-table">
<table>
<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>
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</svg></div><div class="label"><span class="text_bold text-color-blue">Good to know</span></div></div><div class="label">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.</div></div>
Both tools help reduce your taxes, but Blockpit goes further. With its advanced Crypto Tax Optimizer and Sales Simulator, included in Blockpit Plus, users save an average of $2,395 through tax-loss harvesting. Watch the video to see why Blockpit is the smarter choice!
<figure class="block-table">
<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.
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</svg></div><div class="label"><span class="text_bold text-color-blue">Good to know</span></div></div><div class="label">Blockpit provides fully free portfolio tracking with no limits—connect as many integrations as you need and import unlimited transactions.</div></div>
<figure class="block-table">
<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.
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.
<figure class="block-table">
<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.
<figure class="block-table">
<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.
<figure class="block-table">
<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>Free Webinars with Tax Experts</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.
<div class="card_body_small infobox margin-bottom_medium margin-top_small"><div class="flex_horizontal-copy gap-xxsmall margin-bottom_xxsmall"><div class="icon_small is-infobox w-embed"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none">
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</svg></div><div class="label"><span class="text_bold text-color-blue">Good to know</span></div></div><div class="label">Blockpit’s live chat, community support, and webinars make crypto taxes easier, offering a more user-friendly experience than CoinTracking.</div></div>
Blockpit is the only crypto tax tool that offers a dedicated Source of Funds report — CoinTracking doesn’t have this feature. With Blockpit, you can prove the origin of your crypto assets in minutes using a standardized, crypto-native document.
This is especially important when banks or exchanges freeze withdrawals, deposits, or payouts until the source of funds is verified. Blockpit’s Source of Funds report uses the transaction data already in your account to cover a major part of the documentation financial institutions require.
Developed together with compliance experts from banks and exchanges, the report translates complex on-chain data into a format that institutions understand — helping you unlock funds faster and avoid unnecessary delays.
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. The Source of Funds report — available exclusively with Blockpit — prepares you for inquiries from banks and exchanges by clearly proving the origin of your crypto assets.
Blockpit offers responsive, expert support, a smart tax bot, and a comprehensive help center. Plus, with regular free webinars by CEO Florian Wimmer and other tax experts, you get all the guidance you need.