About Koinly
Koinly is a cryptocurrency tax software from Koinly that helps users calculate their crypto taxes. It combines automatic transaction imports, tax reports, and multi-currency support so users can easily file their taxes. The platform allows users to connect to various exchanges and wallets to automatically pull transaction data, ensuring accurate calculations. Additionally, Koinly generates comprehensive tax reports suitable for multiple jurisdictions. Key capabilities: automatic transaction import multi-currency support tax report generation integration with exchanges customizable tax settings Best for: individual cryptocurrency investors and traders that need assistance with tax compliance and reporting.
Koinly by Koinly is a comprehensive corporate tax software designed to simplify the process of managing cryptocurrency transactions and calculating tax liabilities. One of its standout features is its ability to seamlessly integrate with popular cryptocurrency exchanges and wallets, allowing users to automatically import their transaction data for accurate tax reporting. The user interface of Koinly is clean and intuitive, making it easy for users to navigate through various features and functionalities. The design elements are minimalistic yet effective, enhancing the overall user experience. The platform provides detailed insights into your portfolio, capital gains, and taxable income, making it simple to track your tax obligations accurately. What sets Koinly apart from its competitors is its advanced tax optimization tools that can help users minimize their tax liabilities legally. The software also offers real-time tax calculations, ensuring users always have accurate and up-to-date information on their tax obligations. Additionally, Koinly provides detailed tax reports that can be easily exported for tax filing purposes. In terms of performance, Koinly excels in handling large datasets and complex operations efficiently.
Pros & Cons
- +1. Provides detailed capital gains and income reports for accurate tax filing
- +2. Automates crypto tax calculations to save time and reduce errors
- +3. Supports various exchanges and wallets for comprehensive tracking of transactions
- +4. Offers tax optimization suggestions to maximize deductions and minimize liabilities
- +5. Provides real-time updates on tax regulations and requirements for cryptocurrencies
- −1. Pricing structure can be expensive for users with larger portfolios, potentially leading to higher costs for individuals or businesses
- −2. Customer support can be slow or unresponsive at times, causing delays in resolving issues or getting assistance
- −3. Some users report difficulties in accurately tracking transactions or generating reports, leading to potential inaccuracies in tax reporting and compliance.
Features
Key features
- • Automated Tax Calculations
- Calculates capital gains, income, and other tax obligations from crypto transactions.
- • Multi-Platform Integration
- Supports over 800 exchanges, wallets, and blockchains via API or CSV imports.
- • Tax Reports
- Generates tax reports compatible with local regulations, including Form 8949 & Schedule D for the U.S.
- • Portfolio Tracking
- Monitors crypto holdings, profit/loss, and portfolio performance across platforms.
Additional features
- • DeFi & NFTs Support
- Handles transactions related to decentralized finance and non-fungible tokens.
- • Staking & Mining
- Tracks staking rewards and mining income for tax purposes.
- • Smart Transfer Matching
- Automatically matches transfers between wallets to ensure accurate cost basis calculations.
- • Tax Loss Harvesting
- Identifies opportunities to offset gains with losses to reduce tax liability.
- • Audit Trail
- Provides a comprehensive record of all transactions for auditing purposes.
Pricing
Monthly plans
Newbie
USD 49
Countries & Languages
Available in
Interface languages
Billing currencies
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About Koinly
Koinly is a cryptocurrency tax software from Koinly that helps users calculate their crypto taxes. It combines automatic transaction imports, tax reports, and multi-currency support so users can easily file their taxes. The platform allows users to connect to various exchanges and wallets to automatically pull transaction data, ensuring accurate calculations. Additionally, Koinly generates comprehensive tax reports suitable for multiple jurisdictions. Key capabilities: automatic transaction import multi-currency support tax report generation integration with exchanges customizable tax settings Best for: individual cryptocurrency investors and traders that need assistance with tax compliance and reporting.
Koinly Details
Koinly's In-App Market Place
Does Koinly have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Plans
Monthly plans
Newbie
USD 49
Accepted Payment Currencies
AUD (A$), BRL (R$), CAD (C$), CHF (CHF), CNY (¥), EUR (€), GBP (£), HKD (HK$), INR (₹), JPY (¥), KRW (₩), MXN (Mex$), NOK (kr), NZD (NZ$), RUB (₽), SGD (S$), USD ($)
Pros & Cons
- 1. Provides detailed capital gains and income reports for accurate tax filing
- 2. Automates crypto tax calculations to save time and reduce errors
- 3. Supports various exchanges and wallets for comprehensive tracking of transactions
- 4. Offers tax optimization suggestions to maximize deductions and minimize liabilities
- 5. Provides real-time updates on tax regulations and requirements for cryptocurrencies
- 1. Pricing structure can be expensive for users with larger portfolios, potentially leading to higher costs for individuals or businesses
- 2. Customer support can be slow or unresponsive at times, causing delays in resolving issues or getting assistance
- 3. Some users report difficulties in accurately tracking transactions or generating reports, leading to potential inaccuracies in tax reporting and compliance.
Koinly's Support Options
Email Address
support@koinly.ioKoinly's Alternatives
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