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What is Koinly?

Simplify your tax reporting process with Koinly, a tool designed to ensure accuracy and reliability; just link your exchange accounts or public addresses, and Koinly will handle the calculations of your capital gains, ultimately producing a tax report ready for the next filing season. The final report provided is approved by tax agencies, making it straightforward to print and submit. Koinly offers a comprehensive accounting and tax reporting solution tailored for cryptocurrency enthusiasts, investors, and accountants alike. With an impressive range of over 700 integrations, Koinly is compatible with upwards of 400 exchanges, 100 wallets, and more than 170 blockchains, enabling users to maximize their cryptocurrency capital gains effectively. You can consolidate all your transactions in one convenient location, eliminating the hassle of switching between various wallets and accounts. By easily syncing your data with Koinly, you gain a clear overview of your entire trading history. Tracking your cryptocurrency assets and associated tax obligations is effortless, as you can monitor your total holdings and portfolio growth over time across all your wallets and exchanges, alongside your tax responsibilities. Additionally, Koinly equips you with tools to identify and resolve any discrepancies in your transactions, helping to eliminate the headache of unexpected gains and erroneous tax reports. With Koinly, you can confidently preview your capital gains and tax obligations for free before generating the necessary tax documentation.

What is Descrypt?

Descrypt has emerged as the leading crypto taxation software in India, gaining popularity since its launch in 2022 and offering support for over 35 wallets and exchanges, which will be accessible by that time. The software boasts numerous advantages, including its seamless integrations with exchanges that enhance the precision of tax profit and loss calculations compared to other platforms. Its cost-effectiveness is a significant factor behind its appeal among crypto investors. Descrypt also enhances the crypto-taxation process through exclusive collaborations with major taxation software firms in India, like Clear and TaxBuddy. In addition to these features, Descrypt provides a broad range of products and services tailored for various users, including: - Crypto investors - Tax firms, tax preparers, Chartered Accountants, and CPAs through their dedicated partner portal. The API Suites offered by Descrypt are particularly beneficial for tax software firms as they enable efficient tax collection. Now, not only is Descrypt the most affordable solution in its category, but it is also expanding its reach to investors in the US and UK markets, further solidifying its status as a versatile tool in the crypto taxation landscape.

Media

Media

No images available

Integrations Supported

ARK
B2BX
Bibox
BitMart
BitPay
Bitbuy
Coinfinity
Coinmama
Coinomi
Guarda Wallet
Horizen
LYNX
Nami
Shapeshifter
Vauld

Integrations Supported

API Availability

Has API

API Availability

Pricing Information

Free
Koinly gives you more for less, with a generous free plan that features 10,000 transactions and support for over 700+ integrations including DeFi and NFTs.

Koinly also offer annual plans for when you are ready to generate your tax report:

* $49 for 100 transactions
* $99 for 1,000 transactions
* $179 for 3,000 transactions
* from $279 for 10,000+ transactions
Free Version

Pricing Information

$49 per user
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

24 Hour Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Koinly

Date Founded

2018

Company Location

United Kingdom

Company Website

koinly.io

Company Facts

Organization Name

Descrypt

Date Founded

2022

Company Location

India

Company Website

www.descrypt.com

Categories and Features

Corporate Tax

Data Import / Export
Data Verification

Crypto

Not specified

Crypto Accounting

Not specified

Crypto Tax

Automated Data Import
Exchange Integration
Export Transactions
Historical Prices
Income Overview
Margin & Futures Support
Profit & Loss / Cap Gains
Staking / Lending / DeFi Support
Tax Form Generation
Tax Loss Harvesting
Wallet Integration

DeFi Tools

Not specified

Tax Practice Management

Client Management
Client Portal
Due Date Tracking
Tax Filing
Tax Forms
Workflow Management

Categories and Features

Crypto Tax

Not specified

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