Koinly
Cryptocurrency custody software
Blockchain software
Cryptocurrency software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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$49 per tax year
Free TrialFree version
Small
Medium
Large
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What is Koinly
Koinly is a cryptocurrency tax reporting and portfolio tracking application that aggregates transactions from exchanges, wallets, and blockchains to calculate gains/losses and generate tax reports. It is used by individual investors and accountants to reconcile crypto activity and produce jurisdiction-specific tax forms and summaries. The product focuses on data ingestion (API and file imports), transaction classification (e.g., trades, transfers, income), and exportable reports rather than asset custody or key management.
Broad transaction data aggregation
Koinly supports importing activity from many exchanges, wallets, and on-chain addresses via API connections and file uploads. This helps users consolidate fragmented crypto activity into a single ledger for reconciliation. The workflow is oriented around normalizing disparate transaction formats into a consistent tax lot and cost-basis view.
Tax-focused reporting outputs
The product generates tax reports and summaries designed for filing and record-keeping, including capital gains and income-style outputs depending on jurisdiction. It also provides exports that can be shared with tax professionals or used in downstream workflows. This differentiates it from custody-oriented platforms that primarily focus on secure storage and transaction authorization.
Classification and reconciliation tools
Koinly includes tools to categorize transactions (e.g., transfers vs. disposals) and to flag potential issues such as missing cost basis or duplicates. These features reduce manual spreadsheet work for users with high transaction volumes. The emphasis is on auditability of the transaction ledger rather than operational controls for moving assets.
Not a custody solution
Koinly does not provide institutional-grade custody, key management, or transaction policy controls. Organizations seeking secure asset storage, multi-party authorization, or regulated custody services need a separate custody provider. As a result, it fits reporting and compliance workflows more than treasury operations.
Data quality depends on sources
Report accuracy relies on the completeness and correctness of imported exchange and wallet data. API limitations, delisted assets, missing historical trades, or incomplete CSV exports can require manual fixes and reclassification. Users often need to validate results against source statements, especially for complex activity.
Complex DeFi/NFT edge cases
Some DeFi interactions (e.g., multi-leg liquidity events, protocol migrations) and NFT-related activity can be difficult to classify cleanly without manual adjustments. Tax treatment varies by jurisdiction and may not map perfectly to automated categorization. This can increase review time for advanced users with diverse on-chain activity.
Plan & Pricing
| Plan | Price | Key features & notes |
|---|---|---|
| Free | $0 (free forever) | Import up to 10,000 transactions; unlimited wallets/exchanges; view imported transactions and capital gains preview; view tax summary in app; cannot generate/download tax reports; no Cost analysis tab; no Bulk edit in Excel. |
| Newbie | $49 per tax year | Covers up to 100 transactions; unlimited wallets/exchanges; portfolio tracking; capital gains preview and tax reports; DeFi & margin trade support; Form 8949 / TurboTax export; email & chat support. |
| Hodler | $99 per tax year | Covers up to 1,000 transactions; unlimited wallets/exchanges; portfolio tracking; tax reports; DeFi & margin support; Form 8949 / TurboTax export; international tax reports; comprehensive audit report; email & chat support. |
| Trader | from $199 per tax year | Covers 3,000+ transactions (pricing page shows 3000+); unlimited wallets/exchanges; portfolio tracking; tax reports; DeFi & NFT support; international tax reports; comprehensive audit report; email & chat support. |
| Pro | Price not clearly listed on Pricing page (see notes) | Help Center describes a top "Pro" plan that covers up to 10,000 transactions and allows purchasing extra transactions in packs of 1,000 (extra-transactions add-on available only on Pro). Official Pricing page shows the highest listed paid tier at $199/year for the top column; Help Center refers to the top paid tier as "Pro". Add-ons (official): Extra transactions (1000 packs), Daily sync, Dual nationality, Expert Review. |
Notes: All information above is taken from Koinly's official Pricing page and Koinly Help Center articles (support.koinly.io) describing the pricing structure and free tier. Koinly plans are sold per tax year and are valid for 10 years from purchase; plans are not recurring subscriptions.
