All Countries

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
USA flag
Canada

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 Canadian dollars. This means that customers are subject to foreign exchange fees and volatile pricing.

Notable: Strong NFT support with OpenSea integration.

Coinpanda

Coinpanda is a crypto tax platform that helps users track their portfolio and access a range of tax reports.

Best for: Users who want extensive tax support, including NFT transactions and calculating profit/loss for futures and margin trading.

Key differentiator: Supports Canada-specific calculation methods including Adjusted Cost Base.

Pricing: Free tier available, paid plans up to $389 USD per year

Limitation: Higher cost for frequent traders compared to other plans. Doesn't offer pricing in Canadian dollars, meaning customers are subject to foreign exchange fees and volatile pricing.

Notable: Has a mobile app for users to track their portfolio on the go.

TokenTax

TokenTax offers both full-service accounting and crypto tax software.

Best for: Users who want hands-off, professional tax preparation.

Key differentiator: Full-service CPA option where professionals handle everything for you.

Pricing: $65 USD (100 transactions) to $4,499+ USD (VIP/full-service)

Limitation: Very expensive compared to alternatives. There's no free version and no refund policy. TokenTax also doesn't offer pricing in Canadian dollars.

Notable: Comprehensive DeFi and NFT support with professional-grade tools.

2026-05-12

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
May 12
,
 
2026
 - 
10
min read

The Best CoinTracker Alternatives for 2026

Compare the best CoinTracker alternatives for Canadian crypto investors in 2026, including Summ, CoinLedger, Coinpanda, and TokenTax across integrations, DeFi support, CRA compliance, security, and pricing.
Key takeaways
This tax guide is regularly updated: Last Update  

If you're searching for Canadian crypto tax alternatives to CoinTracker, you've come to the right place.

Chances are you're looking for better DeFi support, more integrations, lower pricing, or improved customer support. Here's where to find it.

Quick Answer: The Best CoinTracker Alternative is Summ

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

Summ is the top CoinTracker alternative for Canadian crypto investors in 2026. It offers:

  • ✓ 3,500+ integrations (vs CoinTracker's 500+)
  • ✓ Official tax partner of Coinbase and MetaMask
  • ✓ Superior DeFi support with 2,300+ protocols (vs CoinTracker's limited DeFi)
  • ✓ 24/7 live support on ALL plans (vs CoinTracker's tiered support)
  • ✓ Lower pricing at scale ($249 CA for 10K tx vs $599 USD)
  • ✓ 7-day refund upon approval

Quick Comparison: CoinTracker vs Summ

FeatureSummCoinTracker
Total Integrations3,500+500+
Starting Price$49 CA$59 USD
Free Portfolio Tracking200,000+ transactionsUp to 25 transactions
DeFi SupportComplete (2,300+ protocols)Limited
NFT SupportCompleteSupported (Limitations may exist depending on the specific blockchain or NFT type)
Tax Loss HarvestingYes (Investor & Trader plans)Yes (Higher tiers)
SOC 2 CertifiedYesYes
Multi-Factor AuthenticationYesYes
24/7 Live SupportAll plansHigher tiers only
Schedule 3NoYes
TurboTax IntegrationYesYes
Mobile AppiOS & AndroidiOS & Android

Other CoinTracker Alternatives to Consider

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

{{CoinLedger}}

{{Coinpanda}}

{{TokenTax}}

CoinTracker vs Summ (Formerly Crypto Tax Calculator)

CoinTracker, founded in 2017, is a well-established crypto tax platform that combines portfolio tracking with tax reporting. It supports over 500 exchanges and 30,000 cryptocurrencies, making it a popular choice for crypto investors who want to track their portfolios and meet their tax obligations.

Summ (formerly Crypto Tax Calculator), founded in 2018, takes a more comprehensive approach to crypto taxation. As the official tax partner of Coinbase and MetaMask, Summ supports over 3,500 integrations and offers advanced features like smart transaction categorization. It's 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 integration library is 7x larger than CoinTracker's.

Having access to a much larger integration library means you're less likely to encounter an unsupported exchange or protocol, reducing the chance of manual work or missing data.

Integration TypeSummCoinTracker
Total Integrations3,500+500+
BlockchainsComprehensiveStandard

While CoinTracker covers many popular exchanges and wallets, Summ's 3,500+ integrations provide significantly broader coverage. This is especially important for users who interact with DeFi protocols, cross-chain bridges, and emerging blockchains.

DeFi Support

The verdict: Summ offers significantly better DeFi support with 2,300+ protocols vs CoinTracker's limited coverage.

Why it matters: DeFi includes activities like staking your crypto to earn rewards, providing liquidity to trading pools, lending your assets, or using decentralized exchanges. These transactions are notoriously complex to track and categorize 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)

While CoinTracker doesn't support as many DeFi protocols as Summ does, it still supports over 23,000 smart contracts and the top 85 dApps. However, users have reported that unsupported protocols become an issue, particularly for inexperienced traders, while complex transactions can require manual review and correction.

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

Tax Reports & CRA Compliance

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

Why it matters: For Canadian crypto investors, CRA compliance is non-negotiable.

Tax FeatureSummCoinTracker
Schedule 3NoYes
TurboTax IntegrationYesYes
H&R Block IntegrationNoYes
Adjusted Cost Base (ACB) MethodYesYes

What is Schedule 3? Schedule 3 is the form used by individuals to report capital gains and losses to the CRA. This is where you report any crypto transaction that involves a disposal, including trades, sales, or spending.

Customer Support

The verdict: Summ includes 24/7 human support on every plan. CoinTracker only offers 24/7 support on the higher-tier plans.

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

Support FeatureSummCoinTracker
24/7 AvailabilityAll plansHigher tiers only
Live Chat With HumansYesLimited
Email SupportYesYes
Priority SupportAll plans$599 USD Ultra plan only
Help DocumentationYesYes

This is a significant difference. CoinTracker prioritises support for users on their $599 USD Ultra plan. If you're on a lower tier and encounter an issue during tax time, you may face delays getting help.

Summ provides 24/7 live chat support that has been described as "extremely helpful" with "very fast response times." We offer real human support for all our customers regardless of plan tier, to make doing your taxes a little less painful for everyone.

Security

The verdict: Both platforms offer strong security with SOC 2 certification. Summ provides additional documented security layers.

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 FeatureSummCoinTracker
SOC 2 Type 2 CertifiedYesYes
Multi-Factor AuthenticationYesYes
Zero-Trust ArchitectureYesNot specified
24/7 Threat DetectionYesNot specified
SSL EncryptionYesYes
Read-Only API AccessYesYes

Both platforms take security seriously. CoinTracker offers SOC 2 compliance and end-to-end encryption, while Summ provides SOC 2 Type 2 certification plus additional security measures, including zero-trust architecture and continuous threat monitoring.

Pricing

The verdict: Summ offers significantly better value at higher transaction volumes, with savings of over 50% at the 10,000 transaction tier (this may fluctuate depending on the exchange rate)

Transaction TierSummCoinTrackerComparison
Up to 25Free (tracking)Free (tracking)Similar
Up to 100$49 CA (Rookie)$59 USD (Base)Summ 39% cheaper*
Up to 1,000$99 CA (Hobbyist)$199 USD (Prime)Summ 63.5% cheaper*
Up to 10,000$249 CA (Investor)$599 USD (Ultra)Summ 69.5% cheaper*
Up to 100,000$499 CA (Trader)$3,499 USD (Full Service)Summ 89.5% cheaper*
Up to 200,000$999 CA (Trader)$3,499 USD (Full Service)Summ 79.1% cheaper*
Up to 300,000$1499 CA (Trader)Custom**
Up to 400,000$1999 CA (Trader)Custom**
Up to 500,000$2499 CA (Trader)Custom**

*Prices may fluctuate depending on the exchange rate.

**CoinTracker only publishes pricing up to 300,000 transactions. Summ covers up to 500,000, and you'll know the price before you buy.

Why it matters: The pricing difference becomes dramatic at higher transaction volumes. Active traders and DeFi users who generate thousands of transactions will see significant savings with Summ.

Annual subscriptions: Both prices reflect annual subscriptions. For Summ, you pay once and can generate reports for any previous year back to 2014, which is valuable if you need to submit or amend past returns. To access past tax reports on CoinTracker, you need to have a paid plan, and it is unclear how far back you can access tax reports.

Free Tier

The verdict: Summ's free tier is significantly more generous, supporting 200,000+ transactions vs CoinTracker's 25.

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 very different limitations:

Summ Free Tier:

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

CoinTracker Free Tier:

  • Portfolio tracking for up to 25 transactions only
  • Limited features
  • Tax reports require a paid upgrade

Mobile App

The verdict: CoinTracker and Summ both offer iOS and Android apps.

Both platforms offer mobile apps for portfolio tracking on the go. CoinTracker and Summ support both iOS and Android devices.

Conclusion: Why Summ is the Best CoinTracker Alternative

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

Here's what sets Summ apart:

  • 7x more integrations (3,500+ vs 500+) means less manual work
  • Drastically better value pricing – save 50-89% on higher-tier plans
  • Superior DeFi support with 2,300+ protocols vs CoinTracker's limited coverage
  • 24/7 live human support on ALL plans – not just premium tiers

Enterprise-grade security with additional protections

That said, CoinTracker may be the best choice if you need a direct H&R Block Desktop integration or prefer its established 2017 track record.

For Canadian investors with any DeFi activity, high transaction volumes, or who value 24/7 support access, Summ delivers significantly more value.

Frequently Asked Questions

Is Summ better than CoinTracker?

For most Canadian crypto investors, Summ offers meaningful advantages over CoinTracker: 7x more integrations (3,500+ vs 500+), significantly better DeFi support (2,300+ protocols), lower pricing at higher tiers (50-89% savings), and 24/7 live support on all plans. Summ particularly excels for users with extensive DeFi activity or high transaction volumes.

However, if you need a direct integration with H&R Block Desktop, CoinTracker remains a solid choice.

Is Summ free to use?

Yes, Summ offers a generous free tier that includes portfolio tracking for 200,000+ transactions, unlimited integrations, DeFi and NFT support, and smart suggestions. To download tax reports or to access advanced features you'll need to upgrade to a paid plan starting at $49 CA.

Does Summ support DeFi transactions?

Absolutely. Summ was built with DeFi support at its core, covering over 2,300 DeFi protocols. This includes cross-chain swaps, liquidity pool deposits and withdrawals, yield farming, staking rewards, lending, and borrowing. The platform automatically categorizes these complex transactions.

Is Summ safe and secure?

Yes. Summ takes security seriously with multiple layers of protection:

  • SOC 2 Type 2 certification: Independent verification of security practices
  • Zero-trust architecture: No implicit trust for any user or system
  • 24/7 threat detection: Continuous monitoring for security issues
  • Multi-factor authentication: Optional additional account protection

Read-only API access: Summ can never move or access your crypto

What's the best crypto tax software for high-volume traders?

For high-volume traders, Summ offers the best combination of features and value. At the 10,000 transaction tier, Summ costs $249 CA compared to CoinTracker's $599 USD, a 69.5% savings (this percentage may vary, depending on the exchange rate). Summ also supports 200,000+ transactions for $999 CA, compared to CoinTracker's $3,499 USD full-service option.

Disclaimer: This content is for informational purposes only and does not constitute tax advice. Consult with a qualified tax professional for advice specific to your situation.

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.

FAQ

No items found.
Table of contents
heading2
heading3

More resources

CryptoTax Calculator thumbnail
Blog
15
 
Jul
 
2026
Tax Clarity for the Way You Actually use Crypto

We're excited to announce a partnership with XPlace, Solana's first true crypto credit card.

Read More
CryptoTax Calculator thumbnail
Blog
11
 
May
 
2026
The Best Koinly Alternatives for 2026
Compare the best Koinly alternatives for Canadian crypto investors in 2026, including Summ, CoinLedger, CoinTracker, and ZenLedger across integrations, DeFi support, CRA compliance, security, and pricing.
Read More
CryptoTax Calculator thumbnail
Blog
7
 
Apr
 
2026
Shakepay taxes in Canada

If you've used Shakepay to buy, sell, or earn Bitcoin in Canada, here's how the CRA taxes your activity and how to report it accurately.

Read More

Try Summ today

Import your transactions and generate a free report preview.

Blog

12 May 2026

X

 Min read

The Best CoinTracker Alternatives for 2026

Compare the best CoinTracker alternatives for Canadian crypto investors in 2026, including Summ, CoinLedger, Coinpanda, and TokenTax across integrations, DeFi support, CRA compliance, security, and pricing.

Team Summ

This tax guide is regularly updated: Last Update 

....

May

12

2026

If you're searching for Canadian crypto tax alternatives to CoinTracker, you've come to the right place.

Chances are you're looking for better DeFi support, more integrations, lower pricing, or improved customer support. Here's where to find it.

Quick Answer: The Best CoinTracker Alternative is Summ

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

Summ is the top CoinTracker alternative for Canadian crypto investors in 2026. It offers:

  • ✓ 3,500+ integrations (vs CoinTracker's 500+)
  • ✓ Official tax partner of Coinbase and MetaMask
  • ✓ Superior DeFi support with 2,300+ protocols (vs CoinTracker's limited DeFi)
  • ✓ 24/7 live support on ALL plans (vs CoinTracker's tiered support)
  • ✓ Lower pricing at scale ($249 CA for 10K tx vs $599 USD)
  • ✓ 7-day refund upon approval

Quick Comparison: CoinTracker vs Summ

FeatureSummCoinTracker
Total Integrations3,500+500+
Starting Price$49 CA$59 USD
Free Portfolio Tracking200,000+ transactionsUp to 25 transactions
DeFi SupportComplete (2,300+ protocols)Limited
NFT SupportCompleteSupported (Limitations may exist depending on the specific blockchain or NFT type)
Tax Loss HarvestingYes (Investor & Trader plans)Yes (Higher tiers)
SOC 2 CertifiedYesYes
Multi-Factor AuthenticationYesYes
24/7 Live SupportAll plansHigher tiers only
Schedule 3NoYes
TurboTax IntegrationYesYes
Mobile AppiOS & AndroidiOS & Android

Other CoinTracker Alternatives to Consider

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

{{CoinLedger}}

{{Coinpanda}}

{{TokenTax}}

CoinTracker vs Summ (Formerly Crypto Tax Calculator)

CoinTracker, founded in 2017, is a well-established crypto tax platform that combines portfolio tracking with tax reporting. It supports over 500 exchanges and 30,000 cryptocurrencies, making it a popular choice for crypto investors who want to track their portfolios and meet their tax obligations.

Summ (formerly Crypto Tax Calculator), founded in 2018, takes a more comprehensive approach to crypto taxation. As the official tax partner of Coinbase and MetaMask, Summ supports over 3,500 integrations and offers advanced features like smart transaction categorization. It's 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 integration library is 7x larger than CoinTracker's.

Having access to a much larger integration library means you're less likely to encounter an unsupported exchange or protocol, reducing the chance of manual work or missing data.

Integration TypeSummCoinTracker
Total Integrations3,500+500+
BlockchainsComprehensiveStandard

While CoinTracker covers many popular exchanges and wallets, Summ's 3,500+ integrations provide significantly broader coverage. This is especially important for users who interact with DeFi protocols, cross-chain bridges, and emerging blockchains.

DeFi Support

The verdict: Summ offers significantly better DeFi support with 2,300+ protocols vs CoinTracker's limited coverage.

Why it matters: DeFi includes activities like staking your crypto to earn rewards, providing liquidity to trading pools, lending your assets, or using decentralized exchanges. These transactions are notoriously complex to track and categorize 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)

While CoinTracker doesn't support as many DeFi protocols as Summ does, it still supports over 23,000 smart contracts and the top 85 dApps. However, users have reported that unsupported protocols become an issue, particularly for inexperienced traders, while complex transactions can require manual review and correction.

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

Tax Reports & CRA Compliance

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

Why it matters: For Canadian crypto investors, CRA compliance is non-negotiable.

Tax FeatureSummCoinTracker
Schedule 3NoYes
TurboTax IntegrationYesYes
H&R Block IntegrationNoYes
Adjusted Cost Base (ACB) MethodYesYes

What is Schedule 3? Schedule 3 is the form used by individuals to report capital gains and losses to the CRA. This is where you report any crypto transaction that involves a disposal, including trades, sales, or spending.

Customer Support

The verdict: Summ includes 24/7 human support on every plan. CoinTracker only offers 24/7 support on the higher-tier plans.

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

Support FeatureSummCoinTracker
24/7 AvailabilityAll plansHigher tiers only
Live Chat With HumansYesLimited
Email SupportYesYes
Priority SupportAll plans$599 USD Ultra plan only
Help DocumentationYesYes

This is a significant difference. CoinTracker prioritises support for users on their $599 USD Ultra plan. If you're on a lower tier and encounter an issue during tax time, you may face delays getting help.

Summ provides 24/7 live chat support that has been described as "extremely helpful" with "very fast response times." We offer real human support for all our customers regardless of plan tier, to make doing your taxes a little less painful for everyone.

Security

The verdict: Both platforms offer strong security with SOC 2 certification. Summ provides additional documented security layers.

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 FeatureSummCoinTracker
SOC 2 Type 2 CertifiedYesYes
Multi-Factor AuthenticationYesYes
Zero-Trust ArchitectureYesNot specified
24/7 Threat DetectionYesNot specified
SSL EncryptionYesYes
Read-Only API AccessYesYes

Both platforms take security seriously. CoinTracker offers SOC 2 compliance and end-to-end encryption, while Summ provides SOC 2 Type 2 certification plus additional security measures, including zero-trust architecture and continuous threat monitoring.

Pricing

The verdict: Summ offers significantly better value at higher transaction volumes, with savings of over 50% at the 10,000 transaction tier (this may fluctuate depending on the exchange rate)

Transaction TierSummCoinTrackerComparison
Up to 25Free (tracking)Free (tracking)Similar
Up to 100$49 CA (Rookie)$59 USD (Base)Summ 39% cheaper*
Up to 1,000$99 CA (Hobbyist)$199 USD (Prime)Summ 63.5% cheaper*
Up to 10,000$249 CA (Investor)$599 USD (Ultra)Summ 69.5% cheaper*
Up to 100,000$499 CA (Trader)$3,499 USD (Full Service)Summ 89.5% cheaper*
Up to 200,000$999 CA (Trader)$3,499 USD (Full Service)Summ 79.1% cheaper*
Up to 300,000$1499 CA (Trader)Custom**
Up to 400,000$1999 CA (Trader)Custom**
Up to 500,000$2499 CA (Trader)Custom**

*Prices may fluctuate depending on the exchange rate.

**CoinTracker only publishes pricing up to 300,000 transactions. Summ covers up to 500,000, and you'll know the price before you buy.

Why it matters: The pricing difference becomes dramatic at higher transaction volumes. Active traders and DeFi users who generate thousands of transactions will see significant savings with Summ.

Annual subscriptions: Both prices reflect annual subscriptions. For Summ, you pay once and can generate reports for any previous year back to 2014, which is valuable if you need to submit or amend past returns. To access past tax reports on CoinTracker, you need to have a paid plan, and it is unclear how far back you can access tax reports.

Free Tier

The verdict: Summ's free tier is significantly more generous, supporting 200,000+ transactions vs CoinTracker's 25.

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 very different limitations:

Summ Free Tier:

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

CoinTracker Free Tier:

  • Portfolio tracking for up to 25 transactions only
  • Limited features
  • Tax reports require a paid upgrade

Mobile App

The verdict: CoinTracker and Summ both offer iOS and Android apps.

Both platforms offer mobile apps for portfolio tracking on the go. CoinTracker and Summ support both iOS and Android devices.

Conclusion: Why Summ is the Best CoinTracker Alternative

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

Here's what sets Summ apart:

  • 7x more integrations (3,500+ vs 500+) means less manual work
  • Drastically better value pricing – save 50-89% on higher-tier plans
  • Superior DeFi support with 2,300+ protocols vs CoinTracker's limited coverage
  • 24/7 live human support on ALL plans – not just premium tiers

Enterprise-grade security with additional protections

That said, CoinTracker may be the best choice if you need a direct H&R Block Desktop integration or prefer its established 2017 track record.

For Canadian investors with any DeFi activity, high transaction volumes, or who value 24/7 support access, Summ delivers significantly more value.

Frequently Asked Questions

Is Summ better than CoinTracker?

For most Canadian crypto investors, Summ offers meaningful advantages over CoinTracker: 7x more integrations (3,500+ vs 500+), significantly better DeFi support (2,300+ protocols), lower pricing at higher tiers (50-89% savings), and 24/7 live support on all plans. Summ particularly excels for users with extensive DeFi activity or high transaction volumes.

However, if you need a direct integration with H&R Block Desktop, CoinTracker remains a solid choice.

Is Summ free to use?

Yes, Summ offers a generous free tier that includes portfolio tracking for 200,000+ transactions, unlimited integrations, DeFi and NFT support, and smart suggestions. To download tax reports or to access advanced features you'll need to upgrade to a paid plan starting at $49 CA.

Does Summ support DeFi transactions?

Absolutely. Summ was built with DeFi support at its core, covering over 2,300 DeFi protocols. This includes cross-chain swaps, liquidity pool deposits and withdrawals, yield farming, staking rewards, lending, and borrowing. The platform automatically categorizes these complex transactions.

Is Summ safe and secure?

Yes. Summ takes security seriously with multiple layers of protection:

  • SOC 2 Type 2 certification: Independent verification of security practices
  • Zero-trust architecture: No implicit trust for any user or system
  • 24/7 threat detection: Continuous monitoring for security issues
  • Multi-factor authentication: Optional additional account protection

Read-only API access: Summ can never move or access your crypto

What's the best crypto tax software for high-volume traders?

For high-volume traders, Summ offers the best combination of features and value. At the 10,000 transaction tier, Summ costs $249 CA compared to CoinTracker's $599 USD, a 69.5% savings (this percentage may vary, depending on the exchange rate). Summ also supports 200,000+ transactions for $999 CA, compared to CoinTracker's $3,499 USD full-service option.

Disclaimer: This content is for informational purposes only and does not constitute tax advice. Consult with a qualified tax professional for advice specific to your situation.

Discover savings opportunities and lower your tax with Summ

Get started for free

No credit card required · Read-only access

Track all your swaps, trades and DeFi activity with Summ for easy tax reporting

Get started for free

No credit card required · Read-only access

Struggling with your tax?

Let Summ do the hard work for you.

Select country

Connect accounts

Get tax report

Get started for free

No credit card required · Read-only access

Automate your record keeping with Summ

Get started for free

No credit card required · Read-only access

Get started for free

No credit card required · Read-only access

Frequently asked questions

How does the CRA treat cryptocurrency for tax purposes?

The Canada Revenue Agency (CRA) views cryptocurrency as a commodity, similar to a precious metal like gold. This means it's not considered legal tender like the Canadian dollar. How your cryptocurrency transactions are taxed depends on why you're using it. If you occasionally buy and sell cryptocurrency for investment purposes, any profits or losses are generally considered capital gains or losses. On the other hand, if your activities are more frequent, involve mining or staking, or are done with a profit motive, your cryptocurrency transactions may be considered business income or losses. The CRA requires you to report all taxable cryptocurrency transactions. This includes selling cryptocurrency for Canadian dollars or another cryptocurrency, using cryptocurrency to buy goods or services, receiving cryptocurrency as payment, and earning cryptocurrency from mining or staking. Failing to report these transactions can result in penalties or audits.

What are the tax implications for crypto-to-crypto trades in Canada?

The CRA considers crypto-to-crypto trades as dispositions. This means each trade triggers a capital gain or loss, even though you haven't received any Canadian dollars. To calculate the gain or loss, determine the adjusted cost base of the cryptocurrency you're disposing of and calculate the proceeds of disposition using the fair market value (in Canadian dollars) of the cryptocurrency you're acquiring.

Do I need to pay GST/HST on cryptocurrency transactions?

GST/HST may apply to cryptocurrency transactions in certain situations. If your business accepts cryptocurrency as payment for goods or services, you need to charge GST/HST. The tax is calculated on the fair market value of the cryptocurrency at the time of the transaction. Since the CRA treats crypto as a commodity, accepting it as payment is considered a barter transaction. Both parties involved in the barter may need to account for GST/HST. GST/HST generally doesn't apply to personal cryptocurrency transactions unless your activities are considered a business.

What happens if I fail to report cryptocurrency on my taxes in Canada?

Failing to report your cryptocurrency transactions can have serious consequences. The CRA can impose penalties and charge daily compound interest on any unpaid taxes. You may be subject to a tax audit, and in severe cases, you could face criminal charges. If you realize you made a mistake or omission on your tax return, you can correct it through the CRA's Voluntary Disclosures Program. This allows you to come forward and disclose the information before the CRA starts an audit. It's always best to be proactive and report all your cryptocurrency activity accurately and on time.

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-categorization 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.