CoinLedger automates crypto tax reporting by importing transaction data from wallets, exchanges, and DeFi protocols and applying appropriate tax classifications, including FIFO, LIFO, HIFO, and country‑specific rules. It generates ready‑to‑file reports compatible with major tax software and offers a free portfolio tracker and optional managed services for full data reconciliation.
Funding
$6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
6ODVFounders
Product
Problem
Crypto investors must manually collect transaction data from dozens of wallets, exchanges, and DeFi protocols, then apply complex tax rules—including country‑specific regulations and forms like 1099‑DA—making accurate filing time‑consuming and error‑prone.
Solution
CoinLedger automates the entire crypto tax workflow. Users paste a wallet address or connect exchange APIs, and the platform imports on‑chain, DeFi, NFT, staking, and margin‑trading activity. Built‑in classification applies the appropriate tax treatment and supports Germany‑specific rules as well as U.S. forms such as 1099‑DA and IRS Form 8949. The system calculates gains, losses, and income using FIFO, LIFO, HIFO or adjusted cost methods, then generates a downloadable tax report that can be exported to major filing software (TurboTax, TaxAct, H&R Block, etc.) or shared with an accountant. A free portfolio tracker provides real‑time cost‑basis and performance data, while optional “Done‑for‑you” services let experts handle the import and reconciliation for users who prefer a fully managed solution.
Target Audience
Primary customers are individual crypto investors and traders who need accurate tax reporting, as well as tax professionals and accountants serving crypto‑active clients.
Features
- Automatic on‑chain import by wallet address and read‑only API sync for over 1,000 exchanges
- Full support for DeFi protocols, NFT trades, staking rewards, interest, and margin‑trading transactions
- Tax classification engine with FIFO, LIFO, HIFO, and adjusted‑cost calculations
- Germany‑specific tax rule implementation and handling of U.S. 1099‑DA and Form 8949
- Export of completed reports to TurboTax, TaxAct, H&R Block, TaxSlayer and other tax software
- Free portfolio tracker with unlimited wallets, 20,000+ crypto assets, and real‑time cost‑basis updates
- Integrated tax‑loss harvesting tools that identify loss‑offset opportunities
- “Done‑for‑you” professional service for full data import, classification, and report delivery