In this guide

  • Our verdict
  • Details
    • Features
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

Coinpanda review

  • Kimberly Ellis's headshot
Coinpanda
Go to site
Federal starting price
$0

Our verdict

A crypto tax software with support for over 500 exchanges, wallets and blockchains.

Coinpanda is best for crypto traders who want a responsive platform. The Coinpanda team is constantly releasing updates and welcomes feedback. You can report bugs and request a feature in the Coinpanda Support forum, join the Coinpanda Discord channel to discuss crypto taxes or get one-on-one assistance by email or live chat with a representative.

But since its pricing starts to deviate from the industry's going rate when you exceed 3,000 transactions, it's best for low-volume traders. Coinpanda doesn't have a plan for those looking for a crypto tax software that supports 5,000 transactions.

If you make more than 3,000 transactions, you'll need to jump straight to its Satoshi plan, which costs $389 for up to 20,000 transactions. In comparison, competitors Accointing, TokenTax and CryptoTrader.Tax all have a plan for 5,000 transactions for $199. And while Coinpandas Satoshi plan covers up to 20,000 transactions, you can find other software that's cheaper or about the same price for unlimited transactions.

For example, ZenLedger costs $399 for unlimited transactions. This is only $10 more than Coinpanda's Satoshi plan which only allows up to 20,000 transactions. And competitor CoinLedger costs $299 for unlimited transactions, which is $90 less than the Satoshi plan.

Pros

  • Crypto tax reports in under 20 minutes
  • Capital gains report
  • Mining, staking & income
  • Futures & margin trading
  • Tax forms

Cons

  • No mobile app
  • No crypto payments
  • Expensive for frequent traders

In this guide

  • Our verdict
  • Details
    • Features
  • Your reviews
  • Ask a question

Coinpanda is a crypto tax software that supports over 500 exchanges, 75 wallets and 125 blockchains. Once you add your historical transactions, Coinpanda will generate Form 8949, Schedule D and Schedule 1 based on your trading activity. But while the platform supports unlimited transactions, it’ll nickel-and-dime you for each one above 20,000.

Details

Features

Federal starting price $0
Transaction limit 25 to 3,000
Intro or bonus offer Free trial available
Automatic generated tax forms IRS Form 8949, Income Report, Audit Trail Report, Schedule D, International tax reports
Payment options Credit, Debit, Pay with your tax refund

At a glance

  • Supports over 500 exchanges, wallets and blockchains
  • Supports margin trading, NFTs and DeFi
  • Portfolio tracker with a personalized dashboard

Coinpanda supports over 500 exchanges

Through API keys and CSV files, Coinpanda casts a wide net by supporting:

  • Over 500 exchanges, including Avalanche, Bitcoin, Bitpanda, Changelly, Kraken and Swyftx.
  • 75 wallets.
  • 125 blockchains.
  • 12,000+ cryptocurrencies.

How much does Coinpanda cost?

The number of transactions Coinpanda supports determines its cost.

AccountAnnual costTransaction limitFeatures
Free$025
  • Email support
  • Margin trading
  • NFTs and DeFi
  • Portfolio tracking
Hodler$49100Everything in the Free plan
Trader$991,000Everything in the Hodler plan, plus:
  • Live chat support
  • Priority support
Pro$1893,000Everything in the Trader plan, plus
  • Custom imports
  • Import assistance
Satoshi$38920,000, with the option of purchasing additional transactions in bundles of 100 for $0.69Everything in the Pro plan

Coinpanda accepts Visa, Mastercard and American Express card payments.

How to sign up for Coinpanda

Start tracking your crypto transactions with Coinpanda in four steps:

  1. Select Apply now.
  2. Enter your name, email address and password. Alternatively, log in with Coinbase or Google. Hit Sign up.
  3. Choose your base currency and home country. Select Save and then Get started.
  4. Hit Add wallet to start importing your historical transactions.

Eligibility

While anyone with an email can sign up for Coinpanda, it can only calculate taxes for 65 countries, including:

  • Australia
  • Canada
  • New Zealand
  • The UK
  • The United States

Required information

Creating an account requires your name and email address. You’ll also need your exchange and wallet credentials if you’re importing your transactions via an API key.

7 benefits of Coinpanda

  • Supports an impressive number of exchanges. Coinpanda has API and CSV upload support for over 500 exchanges, wallets, blockchains and services — more than most of its competitors like Koinly, which supports 360 exchanges. And it adds new protocols each week.
  • Generates three tax reports. While some crypto tax software like Accointing and Taxbit only include Form 8949, Coinpanda generates three ready-to-file tax forms — Form 8949, Schedule D and Schedule 1 — based on your trading activity.
  • Supports Defi, NFTs and metaverse. Coinpanda supports DeFi on all blockchains and tracks your NFT transactions from OpenSea.
  • Portfolio tracker. Get insight into your crypto portfolio’s value and performance in a personalized dashboard.
  • Tax-loss harvesting. Pay less tax with the tax-loss harvesting tool.
  • Only pay for tax reports. Create an account and use all of Coinpanda’s features for free and pay when you’re ready to download your tax reports.
  • 7-day refund policy. You’re eligible for a full refund within seven days if you haven’t downloaded your tax report yet and you’re unsatisfied with a bug or issue that Coinpanda couldn’t resolve. While it’s not the most generous refund window we’ve seen — especially next to ZenLedger’s one-year money-back guarantee, it’s better than TokenTax’s no-refund policy.

3 drawbacks of Coinpanda

  • No mobile app. While Coinpada has a comprehensive portfolio tracker, it doesn’t have an app like Accointing.
  • No crypto payments. Although all major credit cards are accepted, using cryptocurrency to pay for Coinpanda is out of the question. If you want to pay with cryptocurrency, consider another crypto tax software like Koinly or TokenTax.
  • Expensive for frequent traders. Coinpanda offers competitive pricing on its Trader and Pro plans. But once you exceed 3,000 transactions, you’ll be out at least $389, with the option to purchase additional transactions in bundles of 100 for $0.69.

How safe is Coinpanda to use?

Coinpanda requests read-only access to your exchanges and wallets, so it can’t make any changes to your crypto holdings. Its services and data are hosted by Amazon Web Services, a leader in cloud web hosting. And Coinpanda turns to Stripe to handle payments, so Coinpanda never stores your payment details.

Compare crypto tax accounts

Product USFSA-TAX Starting price Transaction limit Supported exchanges Automatic generated tax forms
Koinly
Koinly logo
$0
Unlimited
371 exchanges
IRS Form 8949, Schedule D
CoinLedger
CoinLedger logo
$0
Unlimited
100+ exchanges
IRS Form 8949, Income Report, Capital Gains Report, Audit Trail Report, Tax Loss Harvesting, International tax reports
CoinTracking
CoinTracking logo
$0
Unlimited
Supports 140 exchanges, wallets and blockchains
IRS Form 8949, International tax reports, Fincen 114
TokenTax
TokenTax logo
$65
500 to 30,000
It only supports 85 exchanges and wallets through API and CSV uploads
IRS Form 8949, Income Report
Coinpanda
Coinpanda logo
$0
25 to 3,000
Supports over 500 exchanges, wallets and blockchains
IRS Form 8949, Income Report, Audit Trail Report, Schedule D, International tax reports
loading

Coinpanda reviews and complaints

Although Coinpanda earns 4.4 out of 5 stars on Trustpilot based on 44 reviews. Several reviewers praise the Coinpanda team for its frequent updates and how quickly it adds support for new protocols.

The primary complaint is slow response times from customer support.

Customer service

Get in touch with Coinpanda customer support by:

  • Live chatting with a representative by selecting the messaging icon on its website.
  • Emailing support by filling out a ticket on its website.

Note that Coinpanda lists no specific business hours. Each of its contact methods allow you to reach out, but you could wait indefinitely for the next available representative.

Disclosure: The writer owns BAT cryptocurrency as of the publishing date.

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Kimberly Finder

Writer

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our finder.com Terms of Use and Privacy and Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Go to site