Filing crypto taxes in Australia can be a headache. Between tracking every transaction, understanding CGT events, and figuring out whether your rewards count as income, it’s easy to feel lost. One mistake could lead to incorrect reporting, ATO audits, or penalties. That’s why having the right crypto tax software is more than a convenience, it’s a necessity.
In this guide, we’ll break down the top crypto tax software available to Australian investors. Whether you’re trading casually or managing a large DeFi portfolio, these tools can help you stay compliant and stress-free during tax season.
Comparing The Top Crypto Tax Software In Australia
With several crypto tax platforms available today, it can be difficult to choose the right one for your specific needs. To help you make a well-informed decision, here’s a quick comparison of the top crypto tax software used by Australian investors in 2025.
|
Platform |
Supported Exchanges & Wallets |
ATO-Compliant Reports |
NFT & DeFi Support |
Ease of Use |
Pricing Plans |
|
KoinX |
300+ exchanges, wallets, and blockchains |
Yes |
Full support |
Very Easy |
Free + Paid tiers |
|
Syla |
100+ Australian platforms |
Yes |
Limited |
Easy |
Custom pricing |
|
CoinLedger |
500+ exchanges |
Yes |
Moderate |
Moderate |
Tiered pricing |
|
Koinly |
700+ integrations |
Yes |
Broad support |
Very Easy |
Free + Premium |
|
CoinTracker |
500+ platforms |
Yes |
Basic support |
Easy |
Free + Paid plans |
Top Crypto Tax Software In Australia: In-Detail Analysis
Each software brings something unique to the table, from automatic tax calculations to support for DeFi and NFTs. In this section, we break down the key features, strengths, and use cases of each platform so you can decide which one aligns best with your crypto activity and tax needs.
KoinX is a comprehensive crypto tax platform designed specifically for Australian investors. It simplifies crypto tax reporting by automating the process across hundreds of wallets, exchanges, and blockchains. With real-time portfolio tracking and compliance-ready tax reports, KoinX ensures that you never miss an important update during tax season.
Why Choose KoinX?
- ATO-Compliant Tax Reports: Instantly generate accurate tax reports that follow the ATO’s crypto guidelines and reporting standards.
- Connect 300+ Platforms Seamlessly: Integrate with major exchanges, wallets, and DeFi protocols, KoinX supports over 300 connections.
- Real-Time Portfolio Tracking: Keep an eye on your entire crypto portfolio with live valuations, PnL tracking, and automated categorisation.
- Full Support for NFTs and DeFi: KoinX handles complex transactions like swaps, LPs, NFT sales, and more without manual adjustments.
- Clean Interface and Ease of Use: Designed for beginners and pros alike, the platform is intuitive with guided workflows and timely alerts.
- Smart Error Detection and Fixes: Identify mismatches and missing data with smart warnings that help you fix errors before finalising your return.
2. Syla
Syla is an Australian-built crypto tax platform tailored specifically for local investors. It automates your tax calculations across thousands of cryptocurrencies and ensures that all activity complies with ATO standards. With native support for Australian tax rules and intuitive workflows, Syla simplifies crypto tax filing for both new and experienced users.
Why Choose CoinLedger?
- ATO-Compliant Tax Rules: Syla is purpose-built with full support for ATO crypto tax guidelines, ensuring accurate reporting.
- Simplified Interface: The platform offers an easy-to-navigate UI for tracking trades, income, and capital gains.
- Australian Support: Syla provides region-specific help articles and responsive support for Australian tax issues.
3. Coinledger
CoinLedger is a global crypto tax solution that supports Australian investors by streamlining tax reporting for trading, staking, NFTs, and more. It allows you to import transactions from major exchanges and wallets, calculate gains and income, and export ATO-ready tax reports in minutes.
Why Choose CoinTracker?
- ATO Report Templates: CoinLedger generates pre-formatted reports that align with ATO tax rules.
- Fast Import from Exchanges: You can automatically sync your transactions from major exchanges and wallets.
- DeFi and NFT Support: The tool also includes support for complex DeFi protocols and NFT trades.
4. Koinly
Koinly is a well-known crypto tax calculator designed for both casual and advanced investors in Australia. It supports transaction tracking, portfolio overviews, and generates ATO-compliant tax reports. Its clean interface and deep exchange integration make it popular among users managing complex trading histories.
Why Choose Koinly?
- Comprehensive ATO Integration: Koinly creates tax reports that align with Australian tax forms, including CGT schedules.
- Smart Data Reconciliation: Automatically matches transfers between wallets to avoid double-counting.
- Support for Advanced Traders: Handles margin trades, DeFi protocols, and liquidity pools with ease.
5. CoinTracker
CoinTracker is a widely used crypto portfolio and tax tracking tool that offers Australian tax support. It connects with major wallets and exchanges to sync transactions, making it easy to monitor gains, losses, and income across all crypto activities.
Why Choose TurboTax?
- Portfolio Visualisation Tools: Gives users a real-time dashboard of their crypto holdings and performance.
- ATO-Ready Reports: Generates detailed capital gains and income reports suitable for Australian tax filing.
- Multi-Wallet Syncing: Supports a wide range of exchanges, wallets, and blockchains with automatic syncing.
Why Do Australians Need Dedicated Crypto Tax Software?
Filing crypto taxes in Australia is far from simple. With complex DeFi transactions, NFT trades, and constant ATO rule updates, using regular tax tools often leads to errors. That’s where crypto-specific software comes in, built for tracking, categorising, and calculating taxes across wallets, tokens, and tax years. Here’s why Australians benefit from using them:
Handles ATO-Compliant Record Keeping
Crypto tax software automatically captures and stores records of each taxable event, including date, market value in AUD, and transaction type. This ensures your reports match ATO expectations without needing to enter each detail manually. For anyone trading regularly, this saves hours of work and helps avoid misreporting.
Tracks Across Multiple Wallets and Exchanges
Most crypto users operate on more than one platform, from Binance and CoinSpot to MetaMask and Ledger. A good crypto tax tool can sync all of these accounts in one place, consolidating transaction data and giving you a unified tax summary. You no longer need to download and merge CSVs from each source.
Supports Complex DeFi and NFT Transactions
DeFi activities like staking, yield farming, and NFT flipping involve more than simple buy/sell actions. Crypto tax software breaks down these complex movements, categorises them correctly (as income or capital gains), and calculates taxes accordingly. This ensures even advanced users stay compliant with Australian laws.
Reduces the Risk of ATO Penalties
Failing to report your crypto income or capital gains correctly could result in audits or fines from the ATO. Dedicated tax software reduces this risk by automating calculations, highlighting missing data, and flagging errors before you lodge. It acts as a built-in safety net for taxpayers.
Saves Time During Tax Season
Instead of manually sorting through trades, converting values into AUD, and filling out forms, tax software automates the entire process. With real-time dashboards and one-click report generation, you can meet your deadline faster and with less stress. This makes it ideal for both frequent and casual investors.
How to Choose Crypto Tax Software in Australia?
Not all crypto tax tools are built the same. While some offer basic capital gains reports, others provide full coverage for DeFi, NFTs, and local compliance. Choosing the right one depends on your trading habits, portfolio complexity, and reporting needs. Here’s how to pick the best crypto tax software for your situation:
Check for ATO Compliance
Make sure the tool is designed with Australian tax rules in mind. It should calculate short-term and long-term capital gains accurately, include AUD conversions for each transaction, and support the Capital Gains Tax Schedule. ATO-friendly software reduces the risk of errors during your tax filing.
Look for Multi-Platform Integration
Choose software that syncs with major exchanges, wallets, and blockchains. Whether you use Binance, CoinSpot, MetaMask, or hardware wallets like Ledger, the tool should import and match all your transactions. This ensures you don’t miss anything while calculating your crypto taxes.
Evaluate Support for DeFi and NFTs
If you interact with DeFi protocols or trade NFTs, the software must recognise and categorise those transactions correctly. Look for tools that handle staking rewards, airdrops, yield farming, and NFT trades, and apply the correct tax treatment to each.
Consider User Experience and Reporting Options
A clean, intuitive dashboard helps you track tax liabilities throughout the year. Look for features like real-time tax previews, downloadable reports, and error warnings. Some tools also offer readymade tax reports you can share with your accountant or lodge directly via myTax.
Compare Pricing and Support Plans
Crypto tax software often has tiered pricing based on your transaction volume. Make sure you choose a plan that matches your trading activity. Also, consider whether they offer live chat or email support, which can be crucial if you hit a snag close to the filing deadline.
Conclusion
Filing crypto taxes in Australia doesn’t have to be a last-minute panic. With the right crypto tax software, you can simplify the entire process, from transaction tracking to generating ATO-compliant reports. Whether you’re an occasional trader or a DeFi enthusiast, choosing the right platform can make all the difference in staying accurate and stress-free.
If you’re looking for a tool that does more than just calculate your capital gains, KoinX is a smart pick. It automates your entire crypto tax process, supports over 300 platforms, and ensures your reports meet ATO standards. Save time, avoid errors, and maximise your tax accuracy, get started with KoinX today.
Frequently Asked Questions
Do I Still Need an Accountant if I Use Crypto Tax Software?
Crypto tax software simplifies calculations, but an accountant helps with tax planning, amendments, or complex cases. For most users, software handles the bulk of reporting. However, if you’ve received an ATO notice or deal in high-value trades, an accountant ensures full compliance and peace of mind.
Can I Use Crypto Tax Software If I Trade on Multiple Exchanges?
Yes, most crypto tax software allows integration with multiple exchanges and wallets. Platforms like KoinX and CoinTracker support over 300 platforms. This means you can import all trades in one place, view consolidated tax reports, and reduce errors from manual entry.
Is There Free Crypto Tax Software Available in Australia?
Some platforms offer free plans with limited features, suitable for occasional traders. However, for full reports, NFT support, and DeFi activity tracking, you’ll need a paid plan. Tools like KoinX offer a free trial, while others charge based on transaction volume.
How Often Should I Update My Transactions in the Software?
It’s best to update your crypto transactions regularly, ideally every month or quarter. Frequent syncing helps you stay on top of gains, losses, and income. It also ensures your final tax reports are accurate and reflect the latest market movements.
