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Should I use Awaken Tax?

Easily file your crypto taxes with the best cryptocurrency tax software. Awaken Tax supports DeFi, NFTs, and CEX trades. Fast reports. No spreadsheets. Try it free. - awaken.tax

Depends. Buy if you're a US trader with heavy DeFi, NFT, or Solana activity that simpler tools mangle — independent testers rate the parsing highly. Skip if the April 2026 breach or a two-review Trustpilot record bothers you; Koinly or CoinTracker are safer defaults.

Confidence

Medium. Based on 30+ public sources; pricing detail thin, security incident well documented.

Ratings

  • Value for moneyPaid tier prices undisclosed in sources
  • Ease of use
  • Feature depth
  • Support quality
  • Security posture

Pricing

$0

Free plan

ModelNot disclosed
Monthly feesNot disclosed
HardwareNot disclosed
Free tierYes

Best for

  • US DeFi and NFT heavy traders
  • Solana and users
  • People wanting done-for-you filing

Not for

  • Non-US filers — logic is mainly geared to US citizens
  • Privacy-cautious holders wary after the 2026 breach
  • Simple buy-and-hold investors — spreadsheets or cheaper tools suffice
  • Anyone needing a long, clean security track record

Gotchas - check before you buy

high

After the April 2026 breach, treat linked wallet/API data cautiously; consider rotating keys.

medium

Paid tier prices undisclosed; unlimited-transaction plans negotiated by email.

medium

US-centric tax logic; international users may need manual work.

medium

Support consistency questioned — one user's account was deleted after questions.

Pros and cons

Pros

  • Top performer in Milk Road's crypto tax software testing
  • Handles DeFi, NFTs, CEX trades, Solana, even
  • 25K users, $3B+ tracked on-chain per case study
  • Free plan to start before paying
  • Full-service option manually reviews DeFi, NFTs, staking

Cons

  • Hacked April 1, 2026; contained, but tax data exposure debated
  • Only two Trustpilot reviews at 3.8 — thin record
  • Reddit user reports account deleted after asking questions
  • Mainly geared toward US citizens; international coverage secondary
  • Reddit users accuse the brand of sketchy shilling

Sources & method

Analyzed 10/01/2026 - 12 sources - Disclosed security incident April 1, 2026 — stopped per company statements, but crypto tax data sensitivity raises the stakes.

official x3review x6security x2news x1
  • April 1, 2026 security incident, Awaken Tax was hacked on April 1, 2026; the company stopped it, and security analysts publicly discussed the risk to crypto tax data.

Key stats

  • Ease of use: 4/5

    Rating

  • $0

    Starting price

  • 12

    Sources

  • Analyzed

  • Value for money. Paid tier prices undisclosed in sources
  • Ease of use: 4/5. Milk Road tester: top performer, no-spreadsheet reports
  • Feature depth: 4/5. DeFi, NFTs, CEX, Solana, pump.fun coverage
  • Support quality: 2/5. Account-deletion complaint; founder replies on Reddit
  • Security posture: 2/5. April 2026 breach, contained; audits claimed
  • 3.8/5 Trustpilot only 2 reviews
  • 25K+ Users $3B+ tracked on-chain
  • Yes Free tier free plan confirmed in 2026 review
  • 2023 Public launch Show HN post, March 2023

Pricing

Free plan

$0

  • Starter tier; limits not disclosed in sources

Security

Disclosed security incident April 1, 2026 — stopped per company statements, but crypto tax data sensitivity raises the stakes.

  • April 1, 2026 security incidentAwaken Tax was hacked on April 1, 2026; the company stopped it, and security analysts publicly discussed the risk to crypto tax data.10

What users say

Testers rate the DeFi parsing highly, but Reddit users flag account bans, suspected astroturfing, and a breach.

“Awaken Tax was one of the best performers during our tax…”
Milk Road, Best Crypto Tax Software
“Asked genuine questions to Awaken Tax. Got my account deleted…”
Reddit, r/CryptoTax
“rant: so many sketchy Awaken Tax shills on Reddit”
Reddit, r/CryptoTax
Full analysis

Based on 30+ public sources; pricing detail thin, security incident well documented.

Great DeFi/NFT parsing per testers, but a 2026 breach and thin reviews — proceed with caution.

Methodology

Based on 30+ public sources; pricing detail thin, security incident well documented.

Sources

  1. Awaken Tax homepageawaken.tax
    official
  2. Best Crypto Tax Software for 2025 — Milk Roadmilkroad.com
    review
  3. Trustpilot reviews of awaken.taxtrustpilot.com
    review
  4. Awaken Tax Review (2026): Pricing, Pros & Cons — iTechGuidesitechguides.com
    review
  5. Awaken Review — Best DeFi and NFT Tax Software — Mediummedium.com
    review
  6. How Awaken Helps 25K Users Manage $3B+ — CoinGeckocoingecko.com
    news
  7. Reddit: account deleted after questionsreddit.com
    review
  8. Reddit: sketchy Awaken Tax shills rantreddit.com
    review
  9. X: Awaken Tax hacked April 1stx.com
    security
  10. Security Briefing: Awaken incidentcube.exchange
    security
  11. Awaken Docs — Securityawaken.tax
    official
  12. Full Service Crypto Taxesawaken.tax
    official

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