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Australia

Syla

Syla is an AI-powered crypto tax platform offering portfolio management for Australian traders.

Best for: Australian investors who don't trade internationally.

Key differentiator: Locally made and tailored to Australian tax rules.

Pricing: $49 AUD (200 transactions) to $399 AUD (100,000 transactions).

Limitation: Syla only supports 500 exchanges, which is a lot less than other crypto tax platforms. It also doesn't cater to multiple countries, so if you're an international trader it may not be the best option for you.

Notable: Lowest Tax, First Out algorithm helps you pay the least amount of tax possible.

CoinLedger

CoinLedger is an accessible crypto tax platform with over 1,000 exchange and wallet integrations.

Best for: Users who want a simple, straightforward experience without complex DeFi needs.

Key differentiator: Offers an unlimited transaction plan for high-volume traders at a fixed price.

Pricing: $49 USD (100 transactions) to $499+ USD (10,000+ transactions).

Limitation: Doesn't offer pricing in Australian dollars. This means that customers are subject to foreign exchange fees and volatile pricing.

Notable: Strong NFT support with OpenSea integration.

ZenLedger

ZenLedger offers both DIY crypto tax reports and professional full-service accounting.

Best for: Users who want tax loss harvesting included at every pricing tier.

Key differentiator: Tax loss harvesting is available on all plans, not just premium tiers.

Pricing: $49 USD (100 transactions) to $399 USD (15,000 transactions).

Limitation: Only offers 400+ exchange integrations – significantly fewer than competitors. Some users report customer support issues with long wait times and a lack of helpful responses. ZenLedger also doesn't offer pricing in Australian dollars, so customers are subject to foreign exchange fees and volatile pricing.

Notable: 14-day refund policy.

2026-06-15

How Investing vs Trading impacts tax

In most cases of buying and selling cryptocurrency as a retail investor, you are participating in investing rather than trading. The two are treated differently for tax purposes.

  • Investing is subject to capital gains tax or income tax, depending on the nature of the transaction.
  • Trading in this case refers to self-employment which is subject to income tax and National Insurance Contributions.

The key difference between investing and trading – along with the different tax treatments, is how losses generated in the crypto-activity can be used.

In their guidance, HMRC have explicitly stated that they would expect it to be exceedingly rare that any crypto-activity constituting buying & selling crypto would be classified as “trading”.

If you are uncertain, speak to a tax advisor as there are always exceptions, including but not limited to, developing tokens and large scale mining.

How is crypto tax calculated in the United States?

You can be liable for both capital gains and income tax depending on the type of cryptocurrency transaction, and your individual circumstances. For example, you might need to pay capital gains on profits from buying and selling cryptocurrency, or pay income tax on interest earned when holding crypto.

CoinLedger

CoinLedger is an accessible crypto tax platform with over 1,000 exchange and wallet integrations.

Best for: Users who want a simple, straightforward experience without complex DeFi needs.

Key differentiator: Offers an unlimited transaction plan for high-volume traders at a fixed price.

Pricing: $49 (100 transactions) to $499+ (10,000+ transactions).

Limitation: Does not generate Schedule D forms - you will need to complete this manually or with other software.

Notable: Strong NFT support with OpenSea integration.

CoinTracker

CoinTracker is a portfolio tracker and tax calculator supporting over 30,000 cryptocurrencies.

Best for: Users who prioritize portfolio tracking alongside tax reporting.

Key differentiator: Direct integrations with TurboTax and H&R Block Desktop.

Pricing: $59 (100 transactions) to $599 (10,000 transactions), with full-service options up to $3,499.

Limitation: Customer support is limited on lower-tier plans - priority support requires the $599 Ultra plan.

Notable: Good security with end-to-end encryption and SOC 2 compliance.

ZenLedger

ZenLedger offers both DIY crypto tax reports and professional full-service accounting.

Best for: Users who want tax loss harvesting included at every pricing tier.

Key differentiator: Tax loss harvesting is available on all plans, not just premium tiers.

Pricing: $49 (100 transactions) to $399 (15,000 transactions).

Limitation: Only offers 400+ exchange integrations - significantly fewer than competitors. Some users report customer support issues with long wait times.

Notable: TurboTax integration and 14-day refund policy.

blog
Jun 15
,
 
2026
 - 
10
min read

The Best CoinTracking Alternatives for 2026

Searching for a CoinTracking alternative in Australia? Compare the best crypto tax software for 2026, including Summ and Syla, across integrations, DeFi support, ATO-ready reports, security and pricing.

Key takeaways
This tax guide is regularly updated: Last Update  

If you're an Australian CoinTracking user who's searching for an alternative crypto tax software, you've come to the right place.

Chances are you're looking for more integrations, Australian-designed software for Australian traders, better pricing for medium to high-volume transactions, or improved support for complex DeFi transactions. Here's where to find it.

Quick Answer: The Best CoinTracking Alternative is Summ

Looking for the best alternative to CoinTracking? Here's our quick recommendation:

Summ is the top CoinTracking alternative for Australian crypto investors in 2026. It offers:

  • ✓ 3,500+ integrations (vs CoinTracking's 400+)
  • ✓ Official tax partner of Coinbase and MetaMask
  • ✓ Superior DeFi & cross-chain support with 2,300+ DeFi protocols

Quick Comparison: CoinTracking vs Summ

Feature Summ CoinTracking
Total Integrations 3,500+ 400+
Starting Price $49 AUD $49 USD
Free Portfolio Tracking 200,000+ transactions 200 transactions
DeFi Support ✓ Complete (2,300+ protocols) Partial (400+)
NFT Support ✓ Complete ✓ Complete
Tax Loss Harvesting ✓ (Investor & Trader plans) ✓ (all plans)
SOC 2 Certified ✓ Type 2
Multi-Factor Authentication
24/7 Live Support
Refund Policy 7-day refund (upon approval) 14-day refund policy

Other CoinTracking Alternatives to Consider

While we believe Summ offers the best combination of features, pricing, and support, here are other alternatives worth considering:

{{CoinLedger-au}}
{{Syla-au}}
{{ZenLedger-au}}

CoinTracking vs Summ (Formerly Crypto Tax Calculator)

CoinTracking, founded in 2012, is a crypto portfolio tracker built for crypto traders to manage and maximise their accounts. It also offers full-service management for crypto professionals who want a hands-off experience.

Summ (formerly Crypto Tax Calculator) was founded in 2018 by two brothers in Sydney, Australia, and is still run locally. As an official tax partner of Coinbase and MetaMask, the home-grown platform takes a more comprehensive approach to crypto taxation, supporting over 3,500 integrations and offers advanced features. Summ is designed to handle everything from simple trades to complex DeFi activities.

Let's break down how these platforms compare across the features that matter most.

Integrations (Supported Exchanges, Wallets and Blockchains)

The verdict: Summ's extensive integration coverage significantly reduces manual data entry and the risk of reporting errors.

Why it matters: Every unsupported integration means manual work or missing data. Summ's integration library is almost 9x larger than CoinTracking's, which means you're far less likely to encounter an unsupported exchange or protocol.

CoinTracking users have also reported issues with setting up integrations. “There are issues with [the] API, whether it is because of the exchange or CoinTracking itself it is unclear…CSV imports can be somewhat complicated with duplications and other errors.”

Integration Type Summ CoinTracking
Total Integrations 3,500+ 400+
DeFi Protocols 2,300+ Limited (200+)
Blockchains Comprehensive Standard

DeFi Support

The verdict: If you're active in DeFi, Summ handles the complexity that often trips up CoinTracking users.

Why it matters: DeFi includes activities like staking your crypto to earn rewards, providing liquidity to trading pools, lending your assets, or using decentralised exchanges. These transactions are notoriously complex to track and categorise correctly for tax purposes.

If you've used platforms like Uniswap, Aave, Compound, or participated in liquidity pools, your tax software needs to handle:

  • Cross-chain swaps (trading across different blockchains like Ethereum to Polygon)
  • Liquidity pool deposits and withdrawals
  • Yield farming rewards (income from DeFi protocols)
  • Staking income (rewards from validating transactions)
  • Lending and borrowing (interest earned and paid)

CoinTracking offers DeFi support, however more complex DeFi activity (such as custom smart contracts or certain bridging actions) may not tag properly and will need manual review and correction.

Summ was built with DeFi at its core, supporting over 2,300 DeFi protocols with automatic categorisation. The platform can identify and properly classify cross-chain swaps, liquidity pool transactions, and yield farming activities without manual intervention.

Tax Reports & ATO Compliance

The verdict: Both platforms follow the necessary ATO tax guidelines.

Why it matters: For Australian crypto investors, ATO compliance is non-negotiable.

Tax Feature Summ CoinTracking
ATO MyTax ready report

Customer Support

The verdict: Summ comes out on top with 24/7 human support that provides peace of mind that help is always available. On the other hand, CoinTracking offers support tickets, and it may take 24-48 hours to receive a response.

Why it matters: When tax season arrives, and you're facing a deadline, responsive support matters.

Support Feature Summ CoinTracking
24/7 Availability
Live Chat With Humans ✗ (priority support only available for the Expert & Unlimited plans, and it’s unclear if live chat is included)
Email Support
Help Documentation

Summ provides 24/7 live chat support that has been described as “outstanding,” “top notch,” and “excellent.” We made it our mission to offer real human support for all our customers, regardless of plan tier, so that troubleshooting an issue is just that bit less stressful for everyone.

On the other hand, CoinTracking users have reported difficulties with customer support. As one user wrote, “Worse is the support and documentation. Support is more interested in closing the ticket than providing useful replies.”

Security

The verdict: Both platforms offer extensive security certifications and hold ISO 27001 certifications. However, Summ goes the extra step and offers SOC 2 certification, which it's unclear if CoinTracking has.

Why it matters: Crypto tax software accesses your complete financial history across all exchanges and wallets. This is sensitive data that deserves serious protection.

Security Feature Summ CoinTracking
SOC 2 Type 2 Certified Not stated
ISO 27001 Certified
Multi-Factor Authentication
Zero-Trust Architecture Not stated
24/7 Threat Detection Not stated
SSL Encryption
Read-Only API Access

What is SOC 2 Type 2? It's an independent audit that verifies a company's security practices meet rigorous industry standards. It's the gold standard for SaaS security compliance.

While it's unclear if CoinTracking is SOC 2 certified, Summ also goes the extra mile with 24/7 threat detection and zero-trust architecture (assuming no user or system is inherently trustworthy).

Pricing

The verdict: While both platforms technically have similar entry-level pricing, CoinTracking doesn't offer pricing in Australian dollars, offering a starting rate of $49 USD, while Summ plans start at $49. This means your pricing will vary, depending on the exchange rate at the time.

Why it matters: When you take into account the current exchange rate, Summ offers better value for medium-high-volume traders (10,000+ transactions). However if you're a professional trader with over 300,000 transactions, CoinTracking's Unlimited plan may be better value. Summ also includes more features, providing 8x the integrations, a unique tax minimisation algorithm and advanced customer support – features CoinTracking doesn't match.

Transaction Tier Summ CoinTracking
Up to 100 $49 AUD (Rookie) $49 USD (Starter)
Up to 1,000 $129 AUD (Hobbyist) $169 USD (Pro)
Up to 3,000 $249 AUD (Investor) $169 USD (Pro)
Up to 10,000 $249 AUD (Investor) $259 USD (Expert)
Up to 100,000 $399 AUD (Trader) $459 USD (Expert)
Up to 200,000 $799 AUD (Trader) $899 USD (Unlimited)
Up to 300,000 $1,199 (Trader) $899 USD (Unlimited)
Up to 400,000 $1,599 (Trader) $899 USD (Unlimited)
Up to 500,000 $1,999 (Trader) $899 USD (Unlimited)

Annual subscriptions: Both prices reflect annual subscriptions that cover historical tax years. With both Summ and CoinTracking, you pay once and can generate reports for any previous year, which can be valuable if you need to amend or submit past returns.

Money-back guarantee: CoinTracking offers a 14-day refund guarantee, while Summ offers a 7-day refund upon approval.

Free Tier

The verdict: Summ's free tier is significantly more generous.

Why it matters: Before signing up to any new platform, it's important to be able to conduct a full evaluation so you don't get locked into a product that's not 100% right for you.

Both platforms offer free tiers, but with different limitations:

Summ Free Tier:

  • Portfolio tracking for 200,000+ transactions
  • Unlimited integrations
  • Smart suggestions and auto-categorisation
  • DeFi and NFT support
  • Tax reports require a paid upgrade
  • Free mobile app for portfolio tracking on iOS and Android

CoinTracking Free Tier:

  • Portfolio tracking for only up to 200 transactions
  • Limited features (API integrations are not available, so you have to manually enter data or import data via CSV files)
  • Basic tax reports available. To access advanced reporting or more transaction limits, a paid upgrade is required

NFT Support

The verdict: Both platforms handle NFT taxation, with Summ offering broader cross-chain coverage.

Why it matters: NFTs (non-fungible tokens) create unique tax situations. Whether you're buying, selling, or creating NFTs, each transaction has specific tax implications. The cost basis tracking for NFTs can be particularly tricky, especially if you've traded across multiple marketplaces.

Both Summ and CoinTracking support NFT transactions. However, Summ's broader blockchain coverage means better support for NFTs across various chains.

Tax Loss Harvesting

The verdict: Both platforms support tax loss harvesting for qualifying plans. CoinTracking offers the feature on all tiers, whereas Summ only offers it for Investor and Trader plans.

Why it matters: Tax loss harvesting is a strategy where you sell assets at a loss to offset capital gains, reducing your overall tax bill. Done correctly, it can save you significant money but you need software that identifies these opportunities.

Both Summ and CoinTracking offer tax loss harvesting features. On Summ, this tool is available for Investor and Trader plan subscribers, helping you identify unrealised losses you could harvest before year-end.

Conclusion: Why Summ is the Best CoinTracking Alternative

After comparing the platforms across integrations, DeFi support, security, pricing, and customer support, Summ emerges as the strongest CoinTracking alternative for most Australian crypto investors.

Here's what sets Summ apart:

  • 8x more integrations (3,500+ vs 400+) means less manual work
  • More features at comparable pricing – unique tax minimisation algorithm and additional security included
  • Comprehensive DeFi support with 2,300+ protocols
  • 24/7 human support when you need help

However, if you're looking for full-service support, need to access tax loss harvesting at all tiers, or are a professional trader with over 300,000 transactions, then CoinTracking may be the best option for you.

If you're an Australian investor with any DeFi activity, multiple exchanges, or security concerns, Summ delivers more value for the same investment.

Frequently Asked Questions

Is Summ better than CoinTracking?

For most Australian crypto investors, Summ offers meaningful advantages over CoinTracking: designed in Australia for Australian investors, 8x more integrations (3,500+ vs 400+), more security features, and highly rated customer support.

CoinTracking doesn't offer pricing in Australian dollars, offering a starting rate of $49 USD. Summ plans start at $49 AUD and also include more features at comparable price points.

Summ particularly excels for users with DeFi activity, thanks to its comprehensive protocol support. However, if accessing full-service tax support is important, or you're a power user who has over 300,000 transactions, CoinTracking may be the best option.

The information provided on this website is general in nature and is not tax, accounting or legal advice. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this information, you should consider the appropriateness of the information having regard to your own objectives, financial situation and needs and seek professional advice. Summ (formerly Crypto Tax Calculator) disclaims all and any guarantees, undertakings and warranties, expressed or implied, and is not liable for any loss or damage whatsoever (including human or computer error, negligent or otherwise, or incidental or Consequential Loss or damage) arising out of, or in connection with, any use or reliance on the information or advice in this website. The user must accept sole responsibility associated with the use of the material on this site, irrespective of the purpose for which such use or results are applied. The information in this website is no substitute for specialist advice.

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Blog

14 June 2026

X

 Min read

The Best CoinTracking Alternatives for 2026

Searching for a CoinTracking alternative in Australia? Compare the best crypto tax software for 2026, including Summ and Syla, across integrations, DeFi support, ATO-ready reports, security and pricing.

Team Summ

This tax guide is regularly updated: Last Update 

....

June

15

2026

If you're an Australian CoinTracking user who's searching for an alternative crypto tax software, you've come to the right place.

Chances are you're looking for more integrations, Australian-designed software for Australian traders, better pricing for medium to high-volume transactions, or improved support for complex DeFi transactions. Here's where to find it.

Quick Answer: The Best CoinTracking Alternative is Summ

Looking for the best alternative to CoinTracking? Here's our quick recommendation:

Summ is the top CoinTracking alternative for Australian crypto investors in 2026. It offers:

  • ✓ 3,500+ integrations (vs CoinTracking's 400+)
  • ✓ Official tax partner of Coinbase and MetaMask
  • ✓ Superior DeFi & cross-chain support with 2,300+ DeFi protocols

Quick Comparison: CoinTracking vs Summ

Feature Summ CoinTracking
Total Integrations 3,500+ 400+
Starting Price $49 AUD $49 USD
Free Portfolio Tracking 200,000+ transactions 200 transactions
DeFi Support ✓ Complete (2,300+ protocols) Partial (400+)
NFT Support ✓ Complete ✓ Complete
Tax Loss Harvesting ✓ (Investor & Trader plans) ✓ (all plans)
SOC 2 Certified ✓ Type 2
Multi-Factor Authentication
24/7 Live Support
Refund Policy 7-day refund (upon approval) 14-day refund policy

Other CoinTracking Alternatives to Consider

While we believe Summ offers the best combination of features, pricing, and support, here are other alternatives worth considering:

{{CoinLedger-au}}
{{Syla-au}}
{{ZenLedger-au}}

CoinTracking vs Summ (Formerly Crypto Tax Calculator)

CoinTracking, founded in 2012, is a crypto portfolio tracker built for crypto traders to manage and maximise their accounts. It also offers full-service management for crypto professionals who want a hands-off experience.

Summ (formerly Crypto Tax Calculator) was founded in 2018 by two brothers in Sydney, Australia, and is still run locally. As an official tax partner of Coinbase and MetaMask, the home-grown platform takes a more comprehensive approach to crypto taxation, supporting over 3,500 integrations and offers advanced features. Summ is designed to handle everything from simple trades to complex DeFi activities.

Let's break down how these platforms compare across the features that matter most.

Integrations (Supported Exchanges, Wallets and Blockchains)

The verdict: Summ's extensive integration coverage significantly reduces manual data entry and the risk of reporting errors.

Why it matters: Every unsupported integration means manual work or missing data. Summ's integration library is almost 9x larger than CoinTracking's, which means you're far less likely to encounter an unsupported exchange or protocol.

CoinTracking users have also reported issues with setting up integrations. “There are issues with [the] API, whether it is because of the exchange or CoinTracking itself it is unclear…CSV imports can be somewhat complicated with duplications and other errors.”

Integration Type Summ CoinTracking
Total Integrations 3,500+ 400+
DeFi Protocols 2,300+ Limited (200+)
Blockchains Comprehensive Standard

DeFi Support

The verdict: If you're active in DeFi, Summ handles the complexity that often trips up CoinTracking users.

Why it matters: DeFi includes activities like staking your crypto to earn rewards, providing liquidity to trading pools, lending your assets, or using decentralised exchanges. These transactions are notoriously complex to track and categorise correctly for tax purposes.

If you've used platforms like Uniswap, Aave, Compound, or participated in liquidity pools, your tax software needs to handle:

  • Cross-chain swaps (trading across different blockchains like Ethereum to Polygon)
  • Liquidity pool deposits and withdrawals
  • Yield farming rewards (income from DeFi protocols)
  • Staking income (rewards from validating transactions)
  • Lending and borrowing (interest earned and paid)

CoinTracking offers DeFi support, however more complex DeFi activity (such as custom smart contracts or certain bridging actions) may not tag properly and will need manual review and correction.

Summ was built with DeFi at its core, supporting over 2,300 DeFi protocols with automatic categorisation. The platform can identify and properly classify cross-chain swaps, liquidity pool transactions, and yield farming activities without manual intervention.

Tax Reports & ATO Compliance

The verdict: Both platforms follow the necessary ATO tax guidelines.

Why it matters: For Australian crypto investors, ATO compliance is non-negotiable.

Tax Feature Summ CoinTracking
ATO MyTax ready report

Customer Support

The verdict: Summ comes out on top with 24/7 human support that provides peace of mind that help is always available. On the other hand, CoinTracking offers support tickets, and it may take 24-48 hours to receive a response.

Why it matters: When tax season arrives, and you're facing a deadline, responsive support matters.

Support Feature Summ CoinTracking
24/7 Availability
Live Chat With Humans ✗ (priority support only available for the Expert & Unlimited plans, and it’s unclear if live chat is included)
Email Support
Help Documentation

Summ provides 24/7 live chat support that has been described as “outstanding,” “top notch,” and “excellent.” We made it our mission to offer real human support for all our customers, regardless of plan tier, so that troubleshooting an issue is just that bit less stressful for everyone.

On the other hand, CoinTracking users have reported difficulties with customer support. As one user wrote, “Worse is the support and documentation. Support is more interested in closing the ticket than providing useful replies.”

Security

The verdict: Both platforms offer extensive security certifications and hold ISO 27001 certifications. However, Summ goes the extra step and offers SOC 2 certification, which it's unclear if CoinTracking has.

Why it matters: Crypto tax software accesses your complete financial history across all exchanges and wallets. This is sensitive data that deserves serious protection.

Security Feature Summ CoinTracking
SOC 2 Type 2 Certified Not stated
ISO 27001 Certified
Multi-Factor Authentication
Zero-Trust Architecture Not stated
24/7 Threat Detection Not stated
SSL Encryption
Read-Only API Access

What is SOC 2 Type 2? It's an independent audit that verifies a company's security practices meet rigorous industry standards. It's the gold standard for SaaS security compliance.

While it's unclear if CoinTracking is SOC 2 certified, Summ also goes the extra mile with 24/7 threat detection and zero-trust architecture (assuming no user or system is inherently trustworthy).

Pricing

The verdict: While both platforms technically have similar entry-level pricing, CoinTracking doesn't offer pricing in Australian dollars, offering a starting rate of $49 USD, while Summ plans start at $49. This means your pricing will vary, depending on the exchange rate at the time.

Why it matters: When you take into account the current exchange rate, Summ offers better value for medium-high-volume traders (10,000+ transactions). However if you're a professional trader with over 300,000 transactions, CoinTracking's Unlimited plan may be better value. Summ also includes more features, providing 8x the integrations, a unique tax minimisation algorithm and advanced customer support – features CoinTracking doesn't match.

Transaction Tier Summ CoinTracking
Up to 100 $49 AUD (Rookie) $49 USD (Starter)
Up to 1,000 $129 AUD (Hobbyist) $169 USD (Pro)
Up to 3,000 $249 AUD (Investor) $169 USD (Pro)
Up to 10,000 $249 AUD (Investor) $259 USD (Expert)
Up to 100,000 $399 AUD (Trader) $459 USD (Expert)
Up to 200,000 $799 AUD (Trader) $899 USD (Unlimited)
Up to 300,000 $1,199 (Trader) $899 USD (Unlimited)
Up to 400,000 $1,599 (Trader) $899 USD (Unlimited)
Up to 500,000 $1,999 (Trader) $899 USD (Unlimited)

Annual subscriptions: Both prices reflect annual subscriptions that cover historical tax years. With both Summ and CoinTracking, you pay once and can generate reports for any previous year, which can be valuable if you need to amend or submit past returns.

Money-back guarantee: CoinTracking offers a 14-day refund guarantee, while Summ offers a 7-day refund upon approval.

Free Tier

The verdict: Summ's free tier is significantly more generous.

Why it matters: Before signing up to any new platform, it's important to be able to conduct a full evaluation so you don't get locked into a product that's not 100% right for you.

Both platforms offer free tiers, but with different limitations:

Summ Free Tier:

  • Portfolio tracking for 200,000+ transactions
  • Unlimited integrations
  • Smart suggestions and auto-categorisation
  • DeFi and NFT support
  • Tax reports require a paid upgrade
  • Free mobile app for portfolio tracking on iOS and Android

CoinTracking Free Tier:

  • Portfolio tracking for only up to 200 transactions
  • Limited features (API integrations are not available, so you have to manually enter data or import data via CSV files)
  • Basic tax reports available. To access advanced reporting or more transaction limits, a paid upgrade is required

NFT Support

The verdict: Both platforms handle NFT taxation, with Summ offering broader cross-chain coverage.

Why it matters: NFTs (non-fungible tokens) create unique tax situations. Whether you're buying, selling, or creating NFTs, each transaction has specific tax implications. The cost basis tracking for NFTs can be particularly tricky, especially if you've traded across multiple marketplaces.

Both Summ and CoinTracking support NFT transactions. However, Summ's broader blockchain coverage means better support for NFTs across various chains.

Tax Loss Harvesting

The verdict: Both platforms support tax loss harvesting for qualifying plans. CoinTracking offers the feature on all tiers, whereas Summ only offers it for Investor and Trader plans.

Why it matters: Tax loss harvesting is a strategy where you sell assets at a loss to offset capital gains, reducing your overall tax bill. Done correctly, it can save you significant money but you need software that identifies these opportunities.

Both Summ and CoinTracking offer tax loss harvesting features. On Summ, this tool is available for Investor and Trader plan subscribers, helping you identify unrealised losses you could harvest before year-end.

Conclusion: Why Summ is the Best CoinTracking Alternative

After comparing the platforms across integrations, DeFi support, security, pricing, and customer support, Summ emerges as the strongest CoinTracking alternative for most Australian crypto investors.

Here's what sets Summ apart:

  • 8x more integrations (3,500+ vs 400+) means less manual work
  • More features at comparable pricing – unique tax minimisation algorithm and additional security included
  • Comprehensive DeFi support with 2,300+ protocols
  • 24/7 human support when you need help

However, if you're looking for full-service support, need to access tax loss harvesting at all tiers, or are a professional trader with over 300,000 transactions, then CoinTracking may be the best option for you.

If you're an Australian investor with any DeFi activity, multiple exchanges, or security concerns, Summ delivers more value for the same investment.

Frequently Asked Questions

Is Summ better than CoinTracking?

For most Australian crypto investors, Summ offers meaningful advantages over CoinTracking: designed in Australia for Australian investors, 8x more integrations (3,500+ vs 400+), more security features, and highly rated customer support.

CoinTracking doesn't offer pricing in Australian dollars, offering a starting rate of $49 USD. Summ plans start at $49 AUD and also include more features at comparable price points.

Summ particularly excels for users with DeFi activity, thanks to its comprehensive protocol support. However, if accessing full-service tax support is important, or you're a power user who has over 300,000 transactions, CoinTracking may be the best option.

Discover savings opportunities and lower your tax with Summ

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Frequently asked questions

How is crypto tax calculated in Australia?

You can be liable for both capital gains and income tax depending on the type of cryptocurrency transaction, and your individual circumstances. For example, you might need to pay capital gains on profits from buying and selling cryptocurrency, or pay income tax on interest earned when holding crypto.

How does payment work?

We have an annual subscription which covers all previous tax years. If you need to amend your tax return for previous years you will be covered under the one payment.

Can I use my own accountant?

Yes, Summ (formerly Crypto Tax Calculator) is designed to generate accountant friendly tax reports. You simply import all your transaction history and export your report. This means you can get your books up to date yourself, allowing you to save significant time, and reduce the bill charged by your accountant. You can discuss tax scenarios with your accountant, and have them review the report.

Do you support NFT transactions?

We do! We have integrations with many NFT marketplaces, as well as categorisation options for any NFT related activity (minting, buying, selling, trading).

How does the free trial work?

The platform is free to use immediately upon signup, allowing you to import your transactions and take advantage of our smart suggestion and auto-categorisation engine, portfolio tracking, DeFi and NFT support. For access to reports, the tax loss harvest tool or chat and priority support, you will need to upgrade to the appropriate paid plan.

Automate your crypto bookkeeping

01

SOC 2 type 2 certified

As SOC 2 Type 2 compliant, we ensure robust data security, giving customers confidence in entrusting us.
02

Secure organization

We conduct regular and thorough Security & Awareness training for all employees.
03

Full data privacy

Our application only ever requires 'read-only' access to your data.