Discover Koinly, the leading crypto tax and portfolio management tool, seamlessly integrates with 800+ platforms for accurate reporting and real-time insights.
About Koinly
Koinly is a cryptocurrency tax management and portfolio tracking tool designed to simplify tax reporting for both individuals and accountants. It integrates with over 800 exchanges, wallets, and blockchains to automatically import transaction data, calculate capital gains and crypto income, and generate tax reports tailored to specific country requirements.
This automation aids in accuracy and efficiency for tax filings. Koinly is not a wallet for storing cryptocurrency; rather, it functions as a dedicated tax calculator and portfolio tracker to manage and organize transaction data, providing insights into holdings, profit and loss statements, and portfolio performance in real-time from a user-friendly dashboard.
Koinly Key Features
Koinly Key Features
Transaction import
Import Solana wallet data by entering your address or uploading a CSV.
Portfolio tracking
Track holdings, value, cost basis, and gains across Solana wallets and exchanges.
Tax report generation
Generate tax reports for gains, income, and losses compatible with IRS, HMRC, CRA, ATO, and more.
Tax-loss harvesting insights
Highlights opportunities to offset gains by identifying losses in your transaction history.
Referral Program
Earn rewards by inviting other users.
DeFi and NFT support
Tracks staking, NFT trades, liquidity mining, and bridging across Solana and other chains.
What makes this tool special?
Koinly is special because it provides an all-encompassing solution for crypto tax reporting and portfolio management with several notable features. Firstly, it boasts the most extensive range of integrations, supporting over 800 exchanges and wallets, which surpasses any competitor.
Secondly, Koinly offers a "Try Before You Buy" approach, allowing users to use the platform for free before committing to a paid plan.
Additionally, Koinly ensures accurate and reliable tax reporting, which is essential for compliance. It is trusted by thousands of users and maintains a high satisfaction rating with nearly 2,000 five-star reviews on Trustpilot.
Lastly, users can access dedicated support and helpful resources like in-app chat and detailed guides, ensuring smooth navigation of its tools and functions.
Pricing
Discover the pricing options available for Koinly
Freemium
Koinly’s pricing structure is based on the number of transactions and specific features utilized. It offers a free plan to allow users to test data import and gain calculations. For more extensive use, especially with a high number of transactions, users need to purchase a paid plan.
There is flexibility in the pricing for accountants, as they can purchase CPA packages in bundles, making it an affordable option for managing multiple clients.
Additionally, Koinly uses a dynamic pricing model for its Expert Review service, where fees may vary according to demand, particularly around the tax season. For up-to-date pricing details, users are directed to check Koinly’s website.
How to get started with Koinly
How to get started
1
Sign Up for an Account
2 minutes
Easy
Go to Koinly's website and create a free account. This grants you access to its features necessary for managing your cryptocurrency transactions.
2
Import Your Data
10 minutes
Easy
Add your crypto exchange accounts, Solana wallets, and services as "Wallets" in Koinly. This can be done via API keys or by uploading CSV files to import transaction data.
3
Wait for Data Processing
5 minutes
Easy
Once your data is uploaded, Koinly will process it to calculate your crypto taxes, including gains and losses. This step might take a bit of time depending on the volume of your transactions.
4
Review Transactions
10 minutes
Easy
Carefully check through your transaction history in Koinly. Ensure the calculations are accurate and address any discrepancies that the software might flag.
5
Generate Tax Reports
2 minutes
Easy
Once everything is verified, use Koinly to generate and download your tax reports. These are compliant with local tax regulations and provide a clear summary of your capital gains and crypto income.
Frequently Asked Questions
Get answers to the most common questions about this tool
What is Koinly and what does it do?
Koinly is a cryptocurrency tax management and portfolio tracking tool that simplifies tax reporting for individuals and accountants by integrating with over 800 exchanges and wallets to import transaction data, calculate capital gains, and generate tax reports compliant with local laws.
How does Koinly integrate with cryptocurrency exchanges and wallets?
Koinly integrates with more than 800 exchanges and wallets by allowing users to import transaction data through API keys or by uploading CSV files, enabling seamless data processing and portfolio tracking.
Can I store my cryptocurrency in Koinly?
No, Koinly is not a wallet for storing cryptocurrency. It functions solely as a tax calculator and portfolio tracker for managing and organizing transaction data.
What sets Koinly apart from other crypto tax tools?
Koinly stands out for its extensive range of integrations, user-friendly interface, accurate and reliable tax reporting, and features like a free trial and support from detailed guides and in-app chat.
How is Koinly priced?
Koinly's pricing is based on the number of transactions and features used. It offers a free plan for testing data imports. Paid plans are available for users with more transactions, and accountants can purchase CPA packages in bundles for affordability.
Can I try Koinly before committing to a paid plan?
Yes, Koinly offers a "Try Before You Buy" option, allowing new users to test its features and capabilities through their free plan before purchasing a more comprehensive paid plan.
Does Koinly provide real-time portfolio tracking?
Yes, Koinly offers real-time insights into your holdings, profit and loss, and overall portfolio performance, helping users comprehensively view their assets over various platforms including DeFi and NFTs.
