Koinly

Overview

Koinly pairs a view of portfolio performance with tax calculations and reports. Users can review holdings, ROI and growth over time, as well as the potential impact of tax-loss harvesting. It supports reporting in more than 20 countries, although that coverage does not extend to every jurisdiction.

Key features

Imports and portfolio tracking

Exchange histories can be imported through APIs or CSV files, and blockchain wallets can be connected with public addresses. Koinly says it auto-syncs with 1,000+ direct integrations and 7,200+ DeFi protocols, and allows unlimited CSV imports. This breadth is valuable when activity is spread across services; however, importing data does not increase the transaction allowance of a plan.

Portfolio tracking covers holdings, ROI and growth over time, with an estimate of tax-loss-harvesting impact. That makes the tracking tools useful outside filing season. The Free plan includes portfolio tracking but only a preview of capital gains, not tax reports.

Tax reports and security

Koinly generates reports such as US IRS Form 8949, Schedule D and Schedule 1, plus the UK HMRC Capital Gains Summary, Sweden's K4 and Switzerland's Valuation Repo. Its jurisdiction coverage also includes Canada, Australia, New Zealand, Japan, South Korea, Singapore and India, among others. DeFi and NFT transaction support is relevant for investors whose activity goes beyond conventional exchange trades.

Connections do not require private keys or access to exchange funds. Koinly says API and blockchain keys are encrypted with AES-256-GCM, and its site displays SOC 2 Type 2 and ISO 27001 certification badges. These are meaningful safeguards for a service handling financial records.

Pricing

Koinly sells plans by tax year rather than as subscriptions, so users buy for the years they need. That avoids a recurring subscription term, but anyone filing multiple years should account for buying each year's plan. Free plan: 0.00 USD per free, billed free forever, with 10,000 transactions, unlimited wallets and exchange accounts, portfolio tracking and a preview of capital gains.

Newbie costs 49.00 USD per year, billed per tax year, and covers 100 transactions, unlimited wallets and exchanges, portfolio tracking and tax reports. It is the lowest-cost paid option, but its small transaction allowance suits only relatively light activity. Hodler costs 99.00 USD per year, billed per tax year, and raises the allowance to 1,000 transactions while retaining unlimited wallets and exchanges, tracking and reports. It fits moderate activity, though frequent traders may outgrow it.

Trader costs 199.00 USD per year, billed per tax year, from $199, and includes 3,000+ transactions alongside unlimited wallets and exchanges, portfolio tracking and tax reports. It is the most suitable listed plan for heavier activity, but the transaction ceiling still matters: regular accounts support up to 100,000 transactions, with additional transactions purchasable in the app above the top plan limit. Compare your transaction count before choosing; unlimited connections do not mean unlimited transactions.

Platforms

Koinly is available on web, Android and iOS. Its mobile app options are beta versions, so readers who need a settled mobile experience should consider that before relying on them.

Who it's for

Koinly is a strong fit for crypto investors consolidating records across many exchanges, wallets or DeFi protocols, and for people who want portfolio tracking alongside tax reporting. It is less compelling for users with very high transaction counts who want a simple fixed allowance, or for anyone needing tax coverage outside its supported jurisdictions.

Pros and cons

• Broad import coverage: API and CSV imports, public-address wallet connections, and extensive direct and DeFi integrations can bring scattered activity into one account.
• Useful year-round tracking: Holdings, ROI, growth and potential tax-loss-harvesting impact extend its use beyond filing.
• Tax-year purchasing: Buying only the tax years needed avoids subscription renewal, though multiple years require separate purchases.
• Tier limits require attention: Paid plans range from 100 to 3,000+ transactions, so users with busier histories may need to pay for add-ons beyond the top limit.
• Mobile is beta: Android and iOS options are beta apps, a caveat for users who prefer a mature mobile workflow.

Alternatives

Compare crypto tax software if you want to weigh Koinly against other options by category.

Awaken Tax is another freemium crypto tax option with a web platform.

CoinLedger may suit readers who want a free portfolio-tracking tier with unlimited revisions, or a one-time purchase for its Hobbyist plan.

Coinpanda is worth considering for readers who want Android and iOS apps alongside web access, with a free plan capped at 25 transactions per tax year.

CoinTracking offers Android, iOS, API and web access, plus a 7-day trial with unlimited imports and no credit card on its free plan.

Bitcoin.Tax is an alternative for users whose needs fit its free allowance of up to 20 trading transactions or its one-time Premium plan.

ZenLedger may appeal to readers seeking free tax reports, with a paid Silver plan supporting up to 100 transactions and DeFi, staking and margin trading.

Blockpit is another freemium option for web users.

Ledgible is an alternative with web access and a free trial; its Professional Tax plan starts at 49.00 USD per contact.

Verdict

Choose Koinly if you need broad exchange, wallet and DeFi imports, portfolio tracking and reports for a supported jurisdiction, with the flexibility to buy only the tax years you need. Its strongest reason to look elsewhere is the plan-based transaction ceiling: users with heavy activity should compare allowances and potential add-on costs before committing.