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.
Pricing
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
Company Facts
Product Details
Product Details
Koinly Categories and Features
Tax Practice Management Software
Crypto Tax Software
Corporate Tax Software
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Cool
Date: Jan 04 2024SummaryGreat, I recommend using it or at least trying it. It can handle many blockchains and CEX's with very few issues.
PositiveI love that it can handle many blockchains and CEX's, the pricing is good. And also the customer support is amazing.
NegativeMaybe that it still has some issues with some relatively unknown chains (that have their own quirks like being able to pay gas in stable coins,...) , but it's understandable given the amount of chains they support.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Helps me turn in correct taxes
Date: May 19 2023SummaryI would recommend Koinly when you are delivering taxes since this is a heavy task to keep track of.
I have delivered taxes in Norway with this app.PositiveEasy to setup.
Handles transactions between own wallets.
Handles dated values from tokens and FIAT.NegativeDon't support native Cardano NFTs. Must be manually mapped.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Amazing support
Date: Nov 28 2023SummaryHonestly, I was blown away by the support from Artjoms at Koinly, countless messages back and forth with very tricky transactions were able to get the job done.
PositiveJust really amazing support with complicated Defi and NFT transactions, above and beyond what one would expect.
NegativeStill early days for NFT and Defi transactions so requires a fair bit of manual adjustment.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Top of the line
Date: Jan 02 2023SummaryPerfect! I enjoy every representatives efforts in helping me. i will continue to use Koinly for all my crypto accounts.
PositiveI always get incredible service and the cost is incredible! The answers are always professional and helpful! What a pleasure working with Koinly representatives.
NegativeNone. There are no negatives and simply put what an easy company to work with.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Amazing customer service and wallet integration
Date: Mar 23 2023SummaryWill be using over CoinTracker moving forward. I had a cost basis/tax question and inquired in the chat. The customer service person got back to me within a day by email with great personalized and detailed info. They also wrote back and forth by email with more info that was helpful in my situation but I didn’t know to ask for. Supreme customer service. Koinly also integrated easily with wallets and exchanges that CoinTracker could not.
PositiveI had a cost basis/tax question and inquired in the chat. The customer service person got back to me within a day by email with great personalized and detailed info. They also wrote back and forth by email with more info that was helpful in my situation but I didn’t know to ask for. Supreme customer service. Koinly also integrated easily with wallets and exchanges that CoinTracker could not. I’m a huge fan now!
NegativeNo cons yet…not sure about pricing on tax software yet.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Quick Respond and Quality Customer Service
Date: Apr 04 2023SummaryFully satisfied with Quality Customer Service and very quick respond! Will recommend to family and friends.
PositiveI really appreciate the immediate respond from Representative Ali for taking care of my issue. Truly quality customer service, just another reason why I will continue to use Koinly services in the future. Thank you for all that you do.
Negative8 would suggest that the system not automatically produce aggregated on form 8949.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Depthy and proactive
Date: May 01 2023SummaryJack and Jackson go above and beyond to efficiently help move the ball forward and are always keen to share their insights and take action.
PositiveJack and Jackson shine through with excellent support, fast to respond, in depth, and solutions-based all the way!
NegativeKoinly is not always intuitive the navigate but the support staff know their product well.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Amazing product and team
Date: Apr 13 2023SummaryThe product is user friendly. When I need support the Koinly team are amazing at resolving. To date I must have had about 30 inquiries for which they have solved every single one. I literally cant fault these guys. Would be awesome to see more support on a few other chains but I also appreciate given the size of the cryptoverse I may be asking a lot. Koinly supports 99% of my requirements. Thank you Koinly and team.
PositiveEverything. This product and team are absolutely amazing. I haven't tried other platforms and I also don't need to. The product comes highly recommenced to anyone in the cryptoverse. Thanks Koinly team.
NegativeWould like to see support for a few more chains.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Koinly review
Date: Mar 08 2023SummaryI never cease to be amazed at the ease of use of the application itself and the quality of the responses of the support staff. You can be sure that any of your questions will be qualitatively worked out within one day! Koinly is the best resource I've found on the market and one of the few times I don't mind taking the time to write a review.
PositiveThe design of the application itself + the level and quality of support+ ease of entering information and adjusting parameters if necessary.
NegativeIt is not always possible to identify yourself to enter the resource the first time. On weekends, sometimes I see a delay in automatically updating the database through the API.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Koinly: Outstanding Platform and Superb Expert Review Service
Date: Jun 06 2023SummaryI've been using Koinly for over two years and have extensively tested other competitive platforms. Without a doubt, Koinly surpasses them all by a wide margin. From its user-friendly interface and exceptional tax reporting capabilities to seamless wallet synchronization, Koinly excels in every aspect. The platform's responsiveness, uptime, and overall performance are truly impressive.
Recently, I had the opportunity to utilize Koinly's 'Expert Review' service, and I must say it was outstanding. This service saved me countless weeks of work in untangling a complex transaction history.
I wholeheartedly recommend Koinly and their Expert Review service. Their commitment to excellence sets them apart, making them the top choice for tax accounting platforms.PositiveExpert Service, Wallet Synchronisation, Tax Reporting, Free Trial Longevity, User Interface, Performance, Availability.
NegativeTransaction search facility by contract is missing, transaction filtering could be improved, version control.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Best company I have ever dealt with
Updated: Mar 15 2023SummaryFantastic, both in terms of the product and the customer service. By far the number one in their field.
PositiveFantastic product, and the customer service is beyond helpful, they have saved me so much time and I am very grateful to them. Artjoms and Anakin really went beyond expectations by putting in a ton of effort to make my tax return flawless.
NegativeI cannot come up with any cons because they are perfect.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Koinly - great service for Crypto tax accounting
Date: Mar 30 2023SummaryTax records for crypto are complex and annoying, Koinly makes the process much easier. It is a great product, at a good price with friendly people.
PositiveKoinly has an easy to use, very intuitive website. They integrate with a number of exchanges via API which reduces the number of CSV exports you need to make to get the transaction data into Koinly. The support staff is responsive and helpful. Koinly is very reasonably priced.
NegativeThe only area I'd like to see enhanced - if its even possible - is if they could integrate with more mining pools. I haven't looked to see if any of their competitors have done this, and so it may not even be something that can be done.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Koinly are brilliant
Date: May 19 2023SummaryBest out there. I found them really fast and responding. Gave me all the answers I needed. Kept me informed.
PositiveKoinly went out of their way to add an exchange that I had been using so I could report my tax. Really fast response and super helpful. Best customer service I've had anywhere. I can't imagine how hard it would be to calculate your tax return without it. Support is brilliant.
NegativeI guess that the exchange had to be added but things are changing fast.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Solid Support
Date: Oct 24 2023SummaryOverall, I will continue to use this product as it definitely meets my needs and is the simplest system out there for Crypto Taxes.
PositiveI find the Crypto Tax Reporting a bit complex and using Koinly and especially their Support Team has make it much simpler.
NegativeSometimes it took longer to get a response, but I understand that there are a TON of people looking for support and expertise. At the end of the day, they ALWAYS came through.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great Support and Product!
Date: Jun 28 2023SummaryHigh ratings for customer service, the software, the tutorial videos to help generate API keys. The list goes on - they’ve been great!
PositiveAs a tax professional, I really love using Koinly’s service for my crypto clients! And whenever there’s an issue, the support team is very responsive and helpful! I’d very highly recommend Koinly!
NegativeOn one occasion I did receive an unfamiliar error message, but the team was very quick to resolve it!
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
The best tracking software on the net
Date: Apr 08 2023SummaryAs good as any I have used. Simple, interfaces with most exchanges, and inexpensive compared to other apps.
PositiveSimple and yet very comprehensive.
Amazing customer service is great. Jackson worked with me and followed up multiple times until the issue was resolved.NegativeDoesn't interface with TradeStation, which was one of the exchanges I used.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Excellent software and support worth every penny
Date: Jan 26 2023SummaryFantastic don't know what I would have done if i had not found this software.
You don't realise the number of transactions/profit/loss/value of capital invested until you run the program which is so simple and easy to use.PositiveFantastic software saved me when it came to completing my tax return didn't realise the profit & losses and number of actual transactions I had completed. I would not of never been able to tabulate this information for the HMRC due to the complexity of the transactions.
Where I had a question Koinly were very efficient/helpful and were able to guide me on how to resolve.NegativeYou had to purchase the software but then it was worth every penny.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
It's ok but HUGE Issues with Revolut sync
Date: Feb 20 2023SummaryGood design, easy to use, but the team must be more proactive with communication with clients.
PositiveEasy initially.
Works well with Binance, eToro and other exchanges.NegativeZero support from the team.
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Revolut Sync works only for a few weeks back.
Revolut Import from the file pulls generic data, which needs to update manually.
Similar issues on the "help" website without any replay going back years.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Koinly review
Date: Apr 11 2023SummaryI bought it for tax purposes and it fulfilled my expectations in all areas. More analysis tools would be nice to make the product more as an all in one Tool for tracking.
PositiveEasyinterface, has all important Informations ready, easy to connect exchanges and Wallets. Tax report ready to use.
NegativeMore analysis und reports by exchanges would be a plus.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Thank god I had Koinly in 2022 !!!
Date: Jan 03 2023SummaryGreat experience ....which with the teams proactiveness will hopefully get more smooth over time. Few wallet integration were not precise at API level, and had to be reloaded with the csv. (E.G. - WazirX, CoinDCX). Wallet to wallet transfer detection needs to get better.
PositiveThank god I had Koinly in 2022! This is the only world class Indian Income Tax (Plus many other countries ) enabled system for calculating crypto P&L, and I was lucky to find it. Further luck was to get help and friendship of dear Javier who is one of the subject matter expert there! He took exceptional pain, and went out of the way to help me file returns just in time, on new years eve! IT was a very value for money proposition for me.....great going. One suggestion Koinly team ... add real time multi wallet real time tracking service ....that will again be a life saver.
NegativeKoinly satisfied customers want more !!! Pls add live portofolio tracking for year round services . Thanks.
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Also wallet to wallet transfers need more precise since i was getting costing error.