Koinly

Koinly is a cloud-powered cryptocurrency tax calculator that aims to satisfy the needs of both regular users, companies, and professional accountants who aim to create accurate crypto tax reports, track crypto-asset inventory, receive an overview of all transactions, and much more.

Crypto Tax Reports in Under 20 Minutes - Calculate My Taxes Now!

• Available in 20+ countries
• Form 8949 & Schedule D
• TurboTax, HR Block
• Free report preview

Note: Investing in crypto-assets is not regulated and carries the risk of losing the entire investment. Make sure to carefully read and fully understand all the risks involved before proceeding with such investment.

Koinly is a cryptocurrency tax PC software designed to simplify the complex process of calculating and filing crypto taxes. It is particularly valuable for traders, investors, and businesses dealing with multiple cryptocurrencies across various platforms.



The software automatically aggregates data from multiple exchanges, wallets, and blockchains, allowing users to easily track their transactions, calculate gains and losses, and generate accurate tax reports.

The core offerings of Koinly are separated into several distinct services such as “Portfolio Tracking” (where users are able to see an overview of their entire holdings and portfolio growth on all of their linked wallets and accounts), “Data Import” (for streamlined and quick import of data from all users accounts, with real-time sync of assets, margin and futures trading, Staking, Lending & DeFi data).

“Crypto Tax Reports” (where all collected data will be processed and generated a preview of capital gain and other taxes for free), and finally “Error Reconciliation” (and advanced feature that can automatically scan users accounts and transaction history for double entries, missing transactions, data import verification, duplicate discovery, and much more).

Easily import your trades

25,000+ cryptocurrencies
Add transactions for any alt and crapcoin that ever existed.

11+ years of prices
Historical crypto and fiat spot prices to ensure your costs are correct.

220+ blockchains
Auto-syncs transactions from BTC, BCH, BSV & more.

600+ exchanges
Binance, Coinbase, Kraken, Bitfinex, Poloniex, Bittrex & more.

200+ wallets
Uphold, Ledger, Trezor, Bread, Exodus, Metamask and more.

50+ services
Nexo, BlockFi, Paxful, NiceHash, Purse.io & more.

All in all, Koinly for Windows PC can help users to shave hours from their tax report generation and can even provide valuable insights into their crypto-asset growth. It can automatically gather data from hundreds of financial locations and provide valuable service even for users who want to generate their tax reports for FREE.



That is right, itfeatures a FREE usage tier that can handle up to 10 thousand transactions and has access to almost every tool in its offering. Professional users and companies can take advantage of the premium license tier that unlocks access to up to an unlimited number of transactions, advanced tax reports, audit reports, export data to other tax management platforms, Cost analysis tools, and more.

Key Features

Automatic Data Import: It supports integration with over 800 exchanges and wallets. Users can import their transaction data through APIs or CSV files, ensuring that all transactions are accounted for accurately.

Tax Calculation: The software calculates capital gains, losses, income, and other taxable events using different accounting methods like FIFO, LIFO, and HIFO. It provides detailed breakdowns of each transaction, making it easy for users to understand their tax obligations.

Tax Reports: It generates comprehensive tax reports, including IRS Form 8949, Schedule D, international tax forms, and audit logs. These reports can be downloaded in various formats, including PDF and CSV, and are compatible with popular tax software like TurboTax and TaxAct.

Portfolio Tracking: Users can track the performance of their entire crypto portfolio, viewing gains and losses in real-time. It also supports the tracking of staking, lending, and other crypto income.

Multi-Currency Support: It supports a wide range of fiat currencies, allowing users to view their portfolio and tax reports in their preferred currency.

Security: The app employs strong encryption and security practices to protect user data. It does not store private keys, ensuring that users’ funds remain secure.

10+ Country Reports

• USA IRS Form 8949
• USA IRS Schedule D
• Australia ATO MyTax Report
• UK HMRC Capital Gains Summary
• Canada CRA Schedule 3
• Sweden Blankett K4
• France Formulaire 2086
• Finland Lomake 9
• Denmark Skattestyrelsen Fortjeneste
• Swiss FTA/ESTV Valuation Report

15+ Specialized Reports

• Complete Tax Report
• Turbotax Report
• TaxAct Report
• Transaction Report
• Capital Gains Report
• Income Report
• Other Gains Report
• Gifts, Donations & Lost Assets
• Expenses Report
• End of Year Holdings Report
• Beginning of Year Holdings Report
• Highest Balance Report
• Asset Summary Report
• Buy Sell Report
• Transaction History

User Interface

Koinly’s user interface is clean, intuitive, and user-friendly. The dashboard provides an overview of the user’s portfolio, showing total holdings, gains, losses, and tax liabilities at a glance.



The navigation menu is logically organized, allowing users to easily access their transactions, portfolios, and tax reports. The software uses color-coded visuals to differentiate between different types of transactions and gains/losses, making it easier for users to interpret their data.

Installation and Setup

Koinly is a web-based application, so there is no installation required. Users simply need to sign up on the official website and link their crypto exchanges, wallets, and blockchains to start importing transaction data.

The setup process is straightforward, with clear instructions provided for each integration method (API or CSV upload). Koinly also offers a detailed help center and customer support to assist users during the setup process.

How to Use

Sign Up and Create an Account: Visit the official website and sign up for an account. You can start with a free plan or choose a paid plan based on your needs.

Import Transactions: Link your crypto exchanges, wallets, and blockchains to this app using APIs or CSV files. It will automatically import your transaction history.



Review Transactions: Review your imported transactions for accuracy. You can manually add or edit transactions if needed.

Choose Tax Method: Select your preferred accounting method (FIFO, LIFO, HIFO) for tax calculation. It will apply the chosen method to calculate your gains, losses, and tax liabilities.

Generate Tax Reports: Once you’ve reviewed your transactions, generate your tax reports. You can download the reports in PDF or CSV format, and they are compatible with popular tax filing software.

File Taxes: Use the generated reports to file your taxes with your country’s tax authority or through a tax filing software.

FAQ

Is Koinly for PC free to use?
It offers a FREE plan that allows users to import transactions and view their portfolio. However, to generate tax reports, users need to upgrade to a paid plan.

Which accounting methods does Koinly support?
It supports FIFO, LIFO, HIFO, and several other accounting methods, allowing users to choose the method that best suits their tax situation.

Can I use Koinly if I trade on multiple exchanges?
Yes, it supports over 800 exchanges and wallets, allowing users to consolidate all their transactions in one place.

Does Koinly work for international users?
Yes, this platform is designed to work with tax laws from multiple countries, including the U.S., Canada, Australia, and several European nations.

Is my data secure with Koinly?
It uses strong encryption and does not store private keys, ensuring that user data remains secure and private.

Pricing

Free Plan: Import and track transactions, but no tax report generation.

Newbie Plan: Starts at $49/year, suitable for up to 100 transactions.

Hodler Plan: Starts at $99/year, for up to 1,000 transactions.

Trader Plan: Starts at $199/year, for up to 10,000 transactions.

Pro Plan: Custom pricing, for over 10,000 transactions.

Each paid plan includes full access to tax report generation and customer support.

System Requirements

As a web-based application, Koinly is accessible on any device with an internet connection and a modern web browser (Chrome, Opera, Firefox, Edge). It is compatible with Windows, macOS, Linux, and mobile devices.

PROS

• Supports over 800 exchanges and wallets.
• Multiple accounting methods for accurate tax calculation.
• Easy-to-use interface with real-time portfolio tracking.
• Secure, with strong data encryption.
• International tax law compatibility.

CONS

• Free plan lacks tax report generation.
• Pricing may be high for users with extensive transaction histories.
• Limited customer support options for lower-tier plans.

Also Available: Download Koinly for Mac