Tax software review · 2026
CoinLedger Review for Canadians (2026)
CoinLedger is Koinly's biggest competitor for Canadian crypto tax filing. It handles the CRA's ACB cost basis method, exports directly to TurboTax, and has the deepest DeFi coverage of any consumer tax tool. Here's whether it's the right choice for you.
Our verdict
CoinLedger: Best for DeFi + NFT users
4.7/ 5
For Canadian users who only trade on centralized exchanges (NDAX, Bitbuy, Shakepay, Wealthsimple Crypto), Koinly and CoinLedger are basically a coin flip — pick either. But if you touch DeFi (Uniswap, Aave, MetaMask) or NFTs, CoinLedger's protocol coverage is meaningfully deeper.
What's great
- Best-in-class DeFi + NFT coverage
- Direct TurboTax Canada integration
- Free plan lets you preview the full report
- CRA-compliant ACB cost basis
- Free tier covers most casual users
What to know
- Pricing is USD (adds ~35% for CAD holders)
- UI is slightly denser than Koinly
- Support is US-focused (still good, but not CA-specific)
- Manual review still needed for edge cases
CoinLedger vs Koinly — the real difference for Canadians
| Factor | CoinLedger | Koinly |
|---|---|---|
| Entry-tier price | US$49/yr (100 txns) | CA$65/yr (100 txns) |
| Free preview | Yes — full gain/loss report | Yes — full gain/loss report |
| Canadian exchanges | All major (NDAX, Bitbuy, Shakepay, WS, Newton, Kraken) | All major (same list) |
| ACB cost basis | Yes (CRA-compliant) | Yes (CRA-compliant) |
| Superficial-loss rule | Yes | Yes |
| TurboTax integration | Direct | CSV import |
| DeFi coverage | Deep | Good |
| NFT support | Native | Basic |
| Mobile experience | Web-first | Better mobile UX |
Pricing in Canadian dollars (approximate)
| Plan | Transactions/yr | ~CAD | Best for |
|---|---|---|---|
| Free | Unlimited (preview only) | $0 | Anyone previewing before paying |
| Hobbyist | 100 | ~$66 | Once-a-month buyers |
| Day Trader | 1,500 | ~$134 | Regular traders + moderate DeFi |
| High Volume | 5,000 | ~$269 | Active traders + heavy DeFi/NFT |
| Unlimited | Unlimited | ~$675 | Whales + power users |
Frequently asked questions
Yes — CoinLedger is one of the two most-used tools among Canadian traders. It handles the CRA-required ACB cost basis method, imports from every major Canadian exchange (NDAX, Bitbuy, Shakepay, Wealthsimple Crypto, Newton, Kraken), and its DeFi/NFT coverage is deeper than Koinly's. For most Canadians it's a coin flip between the two.
Keep reading
Alternative
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