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The Best Alternatives to Koinly for Crypto Tax Calculations

By Gregor K. published about 2023-02-06 09:18:08

Are you looking for websites like Koinly? If you're a cryptocurrency investor, you may be familiar with Koinly, a platform that helps you track, manage, and report your crypto taxes. However, there are plenty of other websites out there that offer similar features. In this article, we'll take a look at some of the best alternatives to Koinly and what they have to offer. Whether you're looking for a more comprehensive tax solution or just need a simpler way to manage your portfolio, you're sure to find something that works for you.

Koinly

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Koinly is a cryptocurrency tax calculator and portfolio tracker that helps users easily calculate their taxes and manage their portfolio. It supports over 7,000 different coins and tokens, and allows users to connect their wallets and exchanges to automatically pull in their transactions and generate tax reports.

Features

  • Automatically pulls in transactions from wallets and exchanges
  • Supports over 7,000 coins and tokens
  • Generates tax reports
  • Easily manage crypto portfolio

Koinly Alternatives

Cointracker

Cointracker is a cryptocurrency tracking and tax service, allowing users to easily track their crypto portfolio and calculate the tax owed on their investments. Cointracker offers a secure platform for tracking portfolios, providing real-time information and insights, and allows users to generate tax reports for their crypto activity.

Both provide cryptocurrency tax reporting services for individuals, businesses and CPAs.

CoinTracker focuses more on providing tax-related services for businesses, whereas Koinly is more suited for individuals.

Is Cointracker a good alternative?
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CoinTracking

CoinTracking is a comprehensive cryptocurrency portfolio management tool that helps you track and monitor your trades and investments as well as calculate your taxes and profits/losses from crypto trading.

Both offer cryptocurrency tax analysis and reporting.

CoinTracking is more focused on portfolio tracking and analysis, whereas Koinly offers more tax-related services.

Is CoinTracking a good alternative?
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TokenTax

TokenTax is a comprehensive platform for filing, paying, and managing taxes for cryptocurrency traders and investors. They offer a variety of features, from automatic transaction importing to tax-optimized trading advice.

Both offer cryptocurrency tax reporting and analysis.

TokenTax focuses more on providing tax-related services for businesses, whereas Koinly is more suited for individuals.

Is TokenTax a good alternative?
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Coinpanda

Coinpanda is a comprehensive cryptocurrency tax software for everyday users. It helps users calculate their taxable profits and losses, as well as ensuring compliance with relevant tax regulations. The software also provides users with an easy-to-use dashboard where they can view all of their cryptocurrency transactions in one place.

Both provide cryptocurrency tax reporting and analysis services.

Coinpanda is more focused on portfolio tracking and analysis, whereas Koinly offers more tax-related services.

Is Coinpanda a good alternative?
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BearTax

BearTax is a comprehensive cryptocurrency tax suite for traders and accountants to calculate gains and file taxes on capital gains. It cuts down tax filing time from hours to minutes and reduces errors via its easy to use tools and automated tax reports.

Both offer cryptocurrency tax analysis and reporting.

BearTax focuses more on providing tax-related services for businesses, whereas Koinly is more suited for individuals.

Is BearTax a good alternative?
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CryptoTax

CryptoTax provides a secure and easy-to-use platform that enables users to calculate their cryptocurrency taxes quickly and accurately. With our intuitive dashboard, users can easily compute their crypto taxes in a matter of minutes and file their returns in just a few clicks.

Both provide cryptocurrency tax reporting and analysis services.

CryptoTax is more focused on portfolio tracking and analysis, whereas Koinly offers more tax-related services.

Is CryptoTax a good alternative?
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ZenLedger

ZenLedger is an easy-to-use platform for managing, tracking, and filing cryptocurrency taxes. We believe that managing and filing cryptocurrency taxes should be simple and easy, so that users can focus on the important aspects of their finances.

Both offer cryptocurrency tax analysis and reporting.

ZenLedger focuses more on providing tax-related services for businesses, whereas Koinly is more suited for individuals.

Is ZenLedger a good alternative?
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Koinly Head-To-Head

Welcome to our comparison of Koinly and other websites that offer cryptocurrency tracking services. Our goal is to provide an objective analysis of the features, benefits, and drawbacks of each website in order to help you make an informed decision when it comes to choosing a platform for your crypto investments. We'll discuss the unique capabilities offered by each site and examine their pros and cons. With Koinly's user-friendly interface, intuitive design, and comprehensive tracking tools, you'll know exactly where your crypto portfolio stands at any given time. Let's take a closer look at what sets Koinly apart from its competitors.

Koinly
vs.
Cointracker

Koinly and Cointracker both offer cryptocurrency portfolio tracking and tax filing services. Koinly is a comprehensive platform that links to over 10,000 exchanges and wallets to automatically track an individual's cryptocurrency portfolio. Additionally, Koinly offers smart tools such as automated tax reports, tax loss harvesting, cost basis calculation, transaction tagging, donation tracking, dividend tracking and more. Cointracker is a straightforward platform with easy-to-use tools for tracking investment performance, calculating taxes, and creating IRS and TurboTax compatible reports. The platform also offers manual import capabilities from exchanges not supported by their API integration. Both platforms provide customers with secure access to their accounts via 2-factor authentication (2FA). However, Koinly additionally allows users to connect via Coinbase Connect or Plaid Link for bank account linking. Ultimately, both Koinly and Cointracker provide crypto investors with the ability to track their portfolios efficiently; however each platform has different features that may meet the needs of different users.


History of Koinly

Koinly is a digital asset management website that was established in 2018. It provides a platform for users to track their cryptocurrency investments, calculate their taxes, and manage their portfolios. The website utilizes a range of different APIs to gather data from various exchanges and wallets to provide the most accurate data possible. It also provides educational resources to help users understand the complexities of cryptocurrency investing.


Koinly Status

The Koinly website on online and reachable (last checked on ).

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Comments

  • Koinly will 'coin' you into the future!

    2023-03-03 00:50:55 ·
  • Koinly sure is the koinkid on the block!

    2023-05-06 17:29:52 ·
  • Koinly is the 'coin' that keeps on giving!

    2023-05-11 19:32:12 ·
  • Koinly's 'coins' are worth more than just pennies!

    2023-05-31 10:14:46 ·
  • Koinly is a 'coin' for the taking!

    2023-11-01 04:10:51 ·
  • Koinly's competition is no 'coin-tender'!

    2024-01-19 21:32:26 ·
  • Koinly is the 'coin' of the realm!

    2024-04-15 16:25:15 ·
  • Koinly is worth its 'weight' in gold!

    2024-05-18 11:53:53 ·
  • It's a 'koin' in the right direction!

    2024-11-18 04:11:45 ·