shouldiuse.io

Comparison

Bitcoin Taxes vs CoinTracking

Bitcoin Taxes and CoinTracking both land on Depends.

Bitcoin Taxes versus CoinTracking
CompareBitcoin TaxesCoinTracking
VerdictDependsDepends
Best forActive crypto tradersActive multi-exchange traders
Who it's not forBuy-and-hold-only bitcoin ownersCasual holders with few trades
PrivacyNo known public vulnerabilities found in the sources reviewed.⁴ISO/IEC certified and pen-tested, but a 2025 third-party email breach triggered phishing sent in CoinTracking's name.12
Support qualityNo support evidence foundNo rating evidence in sources
Public sentimentDirect product feedback is scarce; Reddit crypto-tax threads show widespread confusion rather than tool opinions.²Long-time users value its exchange coverage and tax depth, but small traders call the pricing unfair and overall sentiment is mixed.
Biggest gotchaNo security page found . verify data handling before granting exchange API access⁴Third-party SendGrid compromise (Nov 2025) sent phishing in its name; rotate API keys12

Pick Bitcoin Taxes when

  • Active crypto traders
  • Multi-exchange investors
  • Filers with hack-loss claims

When Bitcoin Taxes is not a fit

  • Buy-and-hold-only bitcoin owners
  • People with a handful of transactions
  • Anyone unwilling to share exchange API keys
  • Enterprises needing audited security posture

Pick CoinTracking when

  • Active multi-exchange traders
  • Traders needing full tax reports
  • Firms (corporate pricing tier)
  • Guess: DeFi power users

When CoinTracking is not a fit

  • Casual holders with few trades
  • Anyone whose gains are under $199
  • Users wanting one-click simple tax filing
  • Privacy-first users . Reddit debates its data handling

Sources

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