Quick Verdict
Koinly does one job and does it exceptionally well: turn a messy pile of crypto transactions into a clean, filing-ready tax report. In our test month it imported exchange APIs, wallets, staking rewards and even a few NFT trades with minimal manual fixing, then produced the right forms for our test jurisdictions. Its biggest advantage over rivals is usability — the transaction view, cost-basis methods and tax-loss-harvesting dashboard are the friendliest we have used. Power users with enormous histories will still find CoinTracking's depth valuable, but for most people Koinly is the least painful way to get crypto taxes done. Best for everyday traders and HODLers in supported countries who want accurate filing without a spreadsheet nightmare.
Our Test Results (30 Days)
Exchanges, wallets & chains supported
To reconcile 3 years / 1,200+ trades
Cost to import & preview your tax bill
What We Like
- Cleanest interface in the category — easy to audit your own history
- Very broad exchange/wallet coverage with fast API imports
- Handles DeFi, staking, margin and NFTs well
- Tax-loss harvesting dashboard surfaces opportunities clearly
- Free import & preview — you only pay when generating the report
- Country-specific forms (IRS 8949, HMRC, ATO and more) + TurboTax export
What We Don't Like
- Pricing is per tax year — multi-year backfill adds up
- Occasional misclassified DeFi transactions need manual fixing
- Fewer report variants & granular filters than CoinTracking
- No live portfolio alerts — it is tax-first, not trading-first
🔥 Plans & Pricing Options
Import unlimited history from exchanges and wallets, review your portfolio and preview your estimated tax liability — you only pay when you actually generate a report.
For up to ~1,000 transactions per year: full tax reports for your country, capital gains/losses, income & staking breakdowns and export to your filing software.
Unlimited-scale transactions, priority support and advanced cost-basis options for active traders with heavy DeFi or bot volume.
Prices checked June 2026 and are indicative — Koinly charges per tax year, so confirm current tiers and multi-year discounts on the Koinly site.
How Koinly Compares
| Tool | Our Rating | Entry Price | Good For |
|---|---|---|---|
| Koinly Review | 4.5/5 | Free / ~$49+/yr | Painless crypto tax filing |
| CoinTracking | 4.6/5 | Free / ~$10/mo | Deep reports for heavy traders |
| CoinTracker | 4.2/5 | ~$59+/yr | Simple portfolio + basic filing |
Our Score Breakdown
See our full testing methodology and how these scores are weighted.
Frequently Asked Questions
Is Koinly really free?
Importing your full history and previewing your estimated tax bill is free. You only pay when you generate a final report — which is the right place to put the paywall, since by then you already know what you're buying.
Koinly vs CoinTracking — which should I pick?
Koinly is clearly easier: better UI, smoother imports, friendlier tax-loss tools — ideal for most people. CoinTracking goes deeper with more report types and granular filtering, which heavy traders and accountants may prefer. Try Koinly's free import first; move only if you hit its limits.
Does Koinly handle DeFi, staking and NFTs?
Yes — staking rewards, liquidity pools, margin trades and NFT purchases are all supported and classified where possible. Some exotic DeFi interactions still need a manual classification, which is normal for every tool in this category.
Will Koinly produce the forms my country needs?
Koinly generates country-specific reports for 30+ jurisdictions — for example IRS Form 8949/Schedule D in the US, HMRC capital gains summaries in the UK, and equivalents for Canada, Australia, Germany and more — plus exports compatible with TurboTax and similar software. Verify the exact form list for your country on their site before buying.
Get your crypto taxes done without the dread.
Import your full history free — preview your tax bill before you pay for the report.
Visit Koinly