Koinly
Automate crypto tax reports and track your portfolio in minutes.
Executive Summary
Koinly is a leading cryptocurrency tax software that simplifies crypto tax reporting and portfolio tracking for individual investors, accountants, and businesses. It automates the complex process of calculating crypto taxes by seamlessly importing transaction data from a vast array of exchanges, wallets, and blockchains. The platform provides significant value by saving users time, ensuring accuracy in tax filings, and offering tools for tax optimization, all while complying with regulations in over 20 countries.
Use Cases
- Automated generation of crypto tax reports for individuals and businesses.
- Tracking and managing cryptocurrency portfolios across multiple exchanges and wallets.
- Identifying and executing tax loss harvesting strategies to minimize tax liabilities.
- Calculating capital gains and losses from complex DeFi, staking, and NFT transactions.
- Providing comprehensive transaction history for audit purposes.
- Facilitating collaboration between crypto investors and their tax accountants.
Features
Visibility
- Real-time Portfolio Tracking: Monitor total holdings, ROI, and growth across all connected exchanges and wallets in a single, unified view.
- Detailed Transaction History: View and filter all crypto transactions by type, tag, wallet, currency, amount, cost basis, and profit/loss.
- Capital Gains & Losses Preview: Get an instant overview of your profit/loss for any tax year, both realized and unrealized, before generating official reports.
- NFT Tracking: Automated support for tracking NFT holdings, including acquisition cost and market value, across popular blockchains like Ethereum and Solana.
Intelligence
- Automated Transaction Import & Matching: Automatically imports transactions from over 800 exchanges and wallets, intelligently matching transfers between personal wallets to maintain accurate cost basis.
- Tax Loss Harvesting Tool: Identifies opportunities to sell assets at a loss to offset capital gains, helping users reduce their overall tax liability.
- DeFi & NFT Tax Calculation: Handles complex DeFi activities (staking, lending, liquidity providing) and NFT transactions, accurately calculating their tax implications.
- Smart Error Detection: Highlights potential issues like negative account balances or missing transactions to ensure data accuracy before report generation.
Support
- Comprehensive Help Center: Extensive knowledge base with articles, guides, and FAQs to assist users with platform usage and crypto tax understanding.
- Email & Chat Support: Direct assistance from the Koinly support team for personalized queries and technical issues.
- Community Forum: An active online forum for users to discuss crypto taxation, share experiences, and seek advice from peers and Koinly staff.
Technical Specifications
- Architecture
- Cloud-native SaaS
- Deployment
- Cloud/SaaS
- Authentication
- 2FA (authenticator apps, SMS, email, hardware security key), Intelligent session management
- API Available
- Yes
- MCP Server
- No
Infrastructure
- AWS
AI/ML Stack
- Machine Learning
Integrations
- Coinbase
- Binance
- Kraken
Security & Compliance
Certifications: SOC 2 Type II, ISO 27001, GDPR
Encryption: AES-256 at rest, TLS/SSL (A+ rating) in transit
Pricing
- Model
- Tiered subscription based on transaction volume per tax year
- Starting Price
- Free plan available; paid plans start from $49 per tax year.
- Target Customer
- Individuals (Newbie, Hodler, Trader), Accountants, Businesses
- Contract Type
- Annual (per tax year)
- Free Trial
- Yes, Free forever for basic features (portfolio tracking, capital gains preview up to 10,000 transactions) (credit card required)
About Koinly
Koinly is a cryptocurrency tax and portfolio tracking platform that simplifies crypto tax reporting for investors 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 various countries' requirements.