Company Overview

About Koinly

Koinly Details

Founded

2018

Team Size

42

What SIA Thinks

Koinly is designed to make managing your cryptocurrency taxes easier than you ever thought possible. If you're someone who dabbles in digital currencies or holds a significant crypto portfolio, you'll appreciate how Koinly simplifies the often complicated process of tax reporting. This user-friendly software is perfect for anyone who buys, sells, mines, or trades various types of cryptocurrencies.

One of the standout features of Koinly is its ability to automatically sync with your crypto wallets, exchanges, and other platforms. This means you don't have to manually enter every single transaction; Koinly does the heavy lifting by importing your data and organizing it all in one place. Whether you have transactions in Bitcoin, Ethereum, or a range of altcoins, Koinly supports a broad variety of currencies.

Koinly also prides itself on its simplicity. After syncing all your data, the software calculates your gains, losses, and the taxes you owe. It even generates tax reports that you can submit directly to your tax authority or give to your accountant. If you're new to cryptocurrency, Koinly provides straightforward guides to help you understand everything from capital gains to cost basis.

Another aspect that makes Koinly stand out is its transparency in pricing. You have the option to try out its basic features for free, allowing you to decide if it meets your needs before committing financially. If you like what you see, different pricing plans are available to suit varying levels of crypto activity, from casual investors to high-volume traders.

In short, Koinly is all about making crypto tax reports hassle-free. With its automated syncing, ease of use, and straightforward tax reporting, you can save yourself a lot of time and headaches when tax season rolls around. Whether you're new to crypto or an experienced trader, Koinly simplifies your tax reporting so you can focus on what really matters to you—investing in cryptocurrency.

Metrics History

7/22 - 4/24

Trending up by 5.2% this month
Showing teamSize history

Pros and Cons

Pros

  • Time-saving features
  • User-friendly interface
  • Secure data handling
  • Affordable pricing
  • Comprehensive reports

Cons

  • Limited free tier
  • Customer support delays
  • Subscription costs
  • Software bugs
  • Complex setups

Reviews

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