Pros & Cons
- More than 700 exchanges, wallets and blockchains supported
- Full DeFi coverage including staking, lending, NFTs and airdrops
- Free plan for portfolio tracking; you pay only for the tax report
- FIFO, LIFO and HIFO available as calculation methods
- Works with tax firms and offers support in the event of an audit
- Guided setup that stays followable for beginners
- Pronounced French focus – export formats such as form 2086 are of no use elsewhere
- No public API, so you cannot connect your own tools
- The free plan produces a portfolio overview, not a tax report
- Prices reach €999 a year, which gets expensive at high transaction volumes
- Chat support is reserved for paid plans
- Supports over 400 exchanges and 30+ DeFi protocols
- Unlimited transactions in all pricing tiers
- Expanded DeFi support integrated
- FIFO, LIFO, and HIFO tax methods available
- Free plan with limited features available
- 7-day support via chat, email, and other channels
- Pricing structure from USD 49 to 999/year may be room for improvement at higher tiers
- Country focus on the US, UK, and Australia; European coverage is room for improvement
- Native mobile app is room for improvement; currently used via the web version
Features
| ✓ | DeFi support | ✓ |
| ✓ | Tax advisor export | ✓ |
| ✓ | FIFO method | ✓ |
| ✓ | LIFO method | ✓ |
| ✓ | API access | ✓ |
| ✓ | Mobile app | ✓ |
| ✓ | Free plan | ✓ |
| ✓ | NFT tracking | ✓ |
| ✓ | Staking tracking | ✓ |
| ✓ | Audit support | ✓ |
- Free entry point covering 50 transactions
- Tax coverage for Germany, France, Belgium, Spain and Italy
- Web application, usable on mobile
- Two-factor authentication to protect your account
- Unlimited transactions in all pricing tiers
- CPA partnerships for professional tax advice
- Tax-Loss Harvesting tool for offsetting losses
- SOC-compliant security standards and 2FA
Details
Verdict
In our overall rating Waltio leads with 4.5 against 4.3 for ZenLedger.
For most investors Waltio is therefore the better choice.
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. FIFO, LIFO and HIFO are all available as calculation methods, covering the approaches most European tax regimes expect.
The clearest limitation is where the product comes from. Waltio grew up in the French market, and you can see it in the export formats: alongside a general tax statement it produces France's form 2086, with no equivalent for other countries. Germany is on the covered list, but the depth of localisation does not match what specialist local providers offer. If you file outside France and need a report your tax office will accept without rework, check that before you buy.
On balance, Waltio is a sound choice for European investors with DeFi-heavy portfolios who appreciate the free entry point. For a purely German or Austrian tax case, a provider with stronger local coverage remains the more obvious pick.
ZenLedger is especially appreciated for its unlimited transactions across all pricing tiers — a feature that clearly sets the platform apart from many competitors that apply transaction limits per tier. With over 400 exchanges and 30+ DeFi protocols, ZenLedger offers solid integration coverage, complemented by expanded DeFi support. The tax methods FIFO, LIFO, and HIFO are supported, which also makes it suitable for German users.
The integrated Tax-Loss Harvesting tool for offsetting losses is viewed positively as a useful additional feature. CPA partnerships provide access to professional tax advice when needed, and 7-day support offers above-average availability. SOC-compliant security standards and two-factor authentication contribute to data security. A free plan with limited features enables an initial start.
The country focus is on the US, the UK, and Australia, so European and especially German tax coverage is considered room for improvement. The pricing structure of USD 49 to 999 per year may occasionally be seen as room for improvement at the higher tiers. A native mobile app is not currently available. ZenLedger is therefore considered particularly suitable for high-volume traders in the Anglo-American market who want to benefit from unlimited transactions and DeFi support.