TokenTax vs Waltio Comparison

TokenTax is regarded as one of the most professional crypto tax software solutions on the market. Its standout feature is full-service tax filing, where an in-house team of CPAs and enrolled agents takes over the entire tax return; on the pricing page it is offered in the VIP & Full Filing package at $4,499 per tax year. This is especially appreciated by users with complex portfolios who need to record DeFi, NFT, and staking transactions accurately for tax purposes.

Help with IRS inquiries and the reconciliation service for complex transaction data set TokenTax apart clearly in the professional segment. More than 100 integrations for exchanges, wallets and blockchains are available, and all common tax methods are supported. The Enterprise API enables integration with existing accounting systems, which is relevant for businesses and professional tax advisors. In addition, an MCP server lets users query their own tax data in AI assistants.

Pricing is per tax year: $49 for up to 100 transactions, $199 for 5,000, $1,999 for 20,000 and $3,499 on the VIP plan with up to 30,000 centralised exchange transactions, two consultations with a tax expert and reconciliation; buying several years saves 10%. A free plan is not available, which raises the entry barrier compared with other tools. Setup is also considered complex, although live chat support on every plan and the consultations on the VIP plan partly offset this aspect. Reports and exports are built around US tax rules, and for other countries TokenTax provides a general gains report. TokenTax is therefore seen primarily as suitable for professional investors, active traders, and users in need of full-service tax advice, less so for beginners or occasional users.

Waltio is built for investors who want to get their crypto transactions in order without deep tax knowledge. Setup is guided step by step, and with more than 700 supported exchanges, wallets and blockchains it copes with portfolios spread across several platforms. DeFi is not an afterthought here: staking, lending, NFTs and airdrops are all captured in full, which is more than many cheaper tools manage.

The pricing makes for an easy start. Portfolio tracking is free indefinitely; you only pay once you want to generate an official tax report. Plans run from €39 to €999 a year depending on transaction volume: trade very actively and you will land at the upper end quickly. Each subscription covers one tax year and renews automatically on 1 October. FIFO, LIFO and HIFO are all available as calculation methods; for Germany, Waltio calculates on a FIFO basis and shows holding periods.

Waltio grew up in the French market, where it produces form 2086. In March 2026 the provider expanded to Germany and Italy: German users get a tax statement, the official Anlage for private disposals, a holdings overview and a transaction journal, plus a step-by-step guide showing which forms and fields to fill in on ELSTER. For Spain, Waltio prepares the IRPF documents and Modelo 721. Austria and Switzerland, by contrast, are not among the core countries: users there only get the international report for a tax adviser to work with.

In January 2026 Waltio reported a data incident. According to the provider, it affected email addresses and aggregated figures from 2024 tax reports, namely gains, losses and balances as of 31 December 2024; passwords, API keys, wallet addresses, transaction history and bank details were not affected. The cause was a database management tool that Waltio has permanently taken out of service; the French data protection authority CNIL was notified and a criminal complaint was filed.

On balance, Waltio is a sound choice for European investors with DeFi-heavy portfolios who appreciate the free entry point. German investors now have a dedicated version with an ELSTER guide; for Austria and Switzerland, a provider with its own local coverage remains the more obvious pick.