# CoinSyncer vs Koinly (2026)

By Noah — last updated & pricing verified October 26, 2026.

> **Verdict:** Choose CoinSyncer if you only want one free, read-only view of balances across 20+ exchanges and wallets on 90+ networks, with daily snapshots and no paid plans at all. Choose Koinly if you need cost basis, gains and a tax report: it tracks up to 10,000 transactions free and sells Form 8949, Schedule D and local reports for 20+ countries from $49 per tax year. The deciding factor is taxes: CoinSyncer tracks holdings and value only, with no cost-basis profit and loss or tax reports, while Koinly is built around them.

**Choose CoinSyncer if:** You want a tracker that is entirely free, with no paid plans and no stated limit on exchange accounts or wallets; You hold coins on 90+ networks, including Bitcoin, Ethereum, Solana, Cardano, Sui, Kaspa and Radix, and want them in one dashboard; You want balances to sync automatically several times a day at no cost, where Koinly sells automatic daily wallet sync as a paid add-on; You want daily snapshots of holdings in total, by wallet or exchange, and by asset; You want the simplest setup: an email-only account and a low learning curve against Koinly's moderate

**Choose Koinly if:** You need a tax report: Form 8949, Schedule D, 1099-DA reconciliation and TurboTax or TaxACT exports from $49 per tax year; You file outside the US, since Koinly produces local tax reports for 20+ countries with FIFO, LIFO, HIFO, ACB, shared pool and Spec ID methods; You want gains and income calculated from trading, DeFi, staking, mining and NFTs, with each coin's cost basis kept across transfers; You want ROI and a full capital gains preview for up to 10,000 transactions before paying anything; You import history from CSV files or xPub keys, not only API keys and public addresses

## At a glance

|  | CoinSyncer | Koinly |
| --- | --- | --- |
| Pricing | Free | Free tier · paid from $49/yr |
| License | Free | Freemium |
| Best for | Checking one combined balance across several exchange accounts and self-custody wallets without granting trading access | producing a country-specific crypto tax report for one tax year from trades spread across several exchanges and self-custody wallets |
| Ratings | — | — |

## Feature comparison

| Feature | CoinSyncer | Koinly |
| --- | --- | --- |
| Free plan | Yes (all features, no stated limit on exchange accounts or wallets) | Yes (unlimited wallets, up to 10,000 transactions, full gains preview; no reports) |
| Paid plans | No (no paid plans listed) | Yes (reports from $49 per tax year (Newbie, 100 transactions) to $299 (Pro, 10,000)) |
| Platforms | Partial (web and Android; no iOS app) | Partial (web and Android; no iOS app) |
| License | No (proprietary, free) | No (proprietary, freemium) |
| Exchange connections | Yes (20+ exchanges via read-only API keys, including Binance, Coinbase, Kraken, KuCoin, Bybit) | Yes (API keys or CSV files) |
| Wallet connections | Yes (public addresses on 90+ networks) | Yes (public addresses or xPub keys) |
| Tax reports | No | Yes (Form 8949, Schedule D, audit report, local formats for 20+ countries from $49 per tax year) |
| Tax software exports | No | Yes (TurboTax and TaxACT files, plus 1099-DA reconciliation) |
| Cost-basis profit and loss | No (holdings and value snapshots only) | Yes (FIFO, LIFO, HIFO, average cost, ACB, shared pool, Spec ID) |
| DeFi, staking and NFT income | Unknown | Yes (gains and income from DeFi, staking, mining and NFTs) |
| Automatic sync | Yes (balances and prices several times a day, free) | Partial (automatic daily wallet sync is a paid add-on; otherwise manual) |
| Holdings history | Yes (daily snapshots in total, by location and by asset) | Unknown |
| Usage limits | Yes (no stated limit on exchange accounts or wallets) | Partial (10,000 transactions free; over a plan's cap, calculations and syncing stop) |
| Read-only access | Yes (read-only API keys; private keys and passwords never collected) | Unknown |
| Support | Unknown | Yes (email and chat support on paid plans) |
| Users and track record | Partial (500+ Google Play downloads; successor to FusedFolio) | Yes (2M+ users in 140+ countries (company figure); founded 2019) |
| Learning curve | Yes (low) | Partial (moderate) |

## CoinSyncer vs Koinly pricing: which costs less?

CoinSyncer costs less: it is free with no paid plans, while Koinly is free for tracking up to 10,000 transactions but charges $49 to $299 per tax year for downloadable reports.

Koinly's report plans are one-time payments per tax year with no auto-renewal, each valid for 10 years: Newbie $49 for 100 transactions, Hodler $99 for 1,000, Trader $199 for 3,000 and Pro $299 for 10,000, with extra transactions sold in blocks of 1,000. Catching up on several years means buying a plan for each year, and automatic daily wallet sync, a second tax country and expert review are paid add-ons. Koinly accepts cards or crypto and refunds within 7 days if no report was generated. CoinSyncer has no reports to sell.

## Can CoinSyncer do crypto taxes like Koinly?

No — CoinSyncer tracks holdings and value snapshots only, with no cost-basis profit and loss or tax reports, while Koinly produces Form 8949, Schedule D and local tax reports for 20+ countries.

Koinly imports full history, groups related trades, filters spam and tracks transfers so each coin keeps its original cost basis, then computes gains and income from trading, DeFi, staking, mining and NFTs under the user's country rules. Koinly flags negative balances or missing cost basis before generating a report, reconciles 1099-DA forms and exports files for TurboTax or TaxACT. A CoinSyncer user who needs to file would still need separate crypto tax software.

## Which is better for simple portfolio tracking, CoinSyncer or Koinly?

CoinSyncer is better for simple balance tracking, with free automatic syncing several times a day, daily snapshots and a low learning curve, while Koinly's free tracking stops at 10,000 transactions and automatic daily wallet sync costs extra.

CoinSyncer connects 20+ exchanges through read-only API keys and wallets on 90+ networks through public addresses, and shows total value, a coin-holdings chart and a per-coin breakdown by wallet and exchange. Its limits: balances and prices refresh several times a day rather than continuously, and there is no cost-basis profit and loss. Koinly's free plan adds ROI and a full capital gains preview, which CoinSyncer does not offer.

## Can Koinly replace CoinSyncer?

Yes for most users, since Koinly's free plan tracks unlimited wallets and exchanges and adds ROI and a gains preview, but Koinly's free plan stops at 10,000 transactions and automatic daily wallet sync is a paid add-on.

Koinly also asks more of the user, with a moderate learning curve against CoinSyncer's low one, and going over a plan's transaction limit halts calculations, syncing and report downloads until you upgrade or delete transactions. CoinSyncer keeps daily snapshots of holdings by location and by asset and needs only an email address to sign up. Neither CoinSyncer nor Koinly has an iOS app; both run on the web and Android.

## Strengths and weaknesses

### CoinSyncer

- Pro: Free, with no stated limit on the number of exchange accounts and wallets connected.
- Pro: Supports 90+ blockchain networks and 20+ exchanges, from Binance and Coinbase to Kaspa and Radix.
- Pro: Uses read-only API keys and public addresses; the privacy policy says private keys and passwords are never collected or stored.
- Pro: Daily snapshots record holdings in total, by wallet or exchange, and by asset.
- Con: Balances and prices refresh several times a day, not in real time.
- Con: No cost-basis profit and loss or tax reporting is described.
- Con: No iOS app; mobile access is Android only, with 500+ Google Play downloads.
- Con: Google Play's data-safety section lists location and personal info as data the app may collect and share, broader than the website's email-only privacy policy.

### Koinly

- Pro: The free plan tracks up to 10,000 transactions across unlimited wallets and shows the full gains summary before any payment.
- Pro: One-time payment per tax year with no auto-renewal, and each plan stays valid for 10 years.
- Pro: Local tax reports for 20+ countries, with FIFO, LIFO, HIFO, ACB, shared pool and Spec ID cost-basis methods.
- Pro: Spam, most dust rewards and grouped trades do not count toward transaction limits.
- Pro: Accepts cards or crypto (BTC, ETH, DAI, USDC), with a full refund within 7 days if no report was generated.
- Con: Each tax year is a separate purchase, so filing three back years costs three plans.
- Con: Going over a plan's transaction limit halts calculations, syncing and report downloads until you upgrade or delete transactions.
- Con: Automatic daily wallet sync is a paid add-on; without it you trigger each sync yourself.
- Con: There is no iOS app in the App Store, only an Android app and the website.

## Which fits your use case?

| Use case | Pick | Why |
| --- | --- | --- |
| Holder who just wants one combined balance for free | CoinSyncer | CoinSyncer is free with no paid plans, syncs 20+ exchanges and wallets on 90+ networks several times a day, and keeps daily snapshots. |
| US filer who needs Form 8949 for one tax year | Koinly | Koinly produces Form 8949, Schedule D and TurboTax or TaxACT exports from $49 per tax year for up to 100 transactions. |
| Investor filing taxes outside the US | Koinly | Koinly produces local tax reports for 20+ countries, with cost-basis methods such as ACB, shared pool and Spec ID. |
| DeFi user earning staking or mining income | Koinly | Koinly calculates gains and income from DeFi, staking, mining and NFTs; CoinSyncer tracks holdings and value only. |
| Holder of coins on less common networks such as Kaspa, Sui or Radix | CoinSyncer | CoinSyncer lists 90+ supported networks, including Kaspa, Sui and Radix, and takes requests for unsupported networks in the app. |
| Active trader with more than 10,000 transactions who wants free tracking | CoinSyncer | Koinly's free plan stops at 10,000 transactions, while CoinSyncer tracks balances and states no limit on connected exchange accounts or wallets. |

## Migration FAQ

### Should I use CoinSyncer or Koinly?

Use CoinSyncer if you only want a free, read-only view of balances across exchanges and 90+ networks; use Koinly if you need cost basis, gains and a tax report, from $49 per tax year.

### Is CoinSyncer cheaper than Koinly?

Yes — CoinSyncer is free with no paid plans, while Koinly's tax reports cost $49 to $299 per tax year. Koinly's tracking and gains preview are also free for up to 10,000 transactions.

### Can Koinly replace CoinSyncer?

Yes for most users — Koinly's free plan tracks unlimited wallets and exchanges up to 10,000 transactions and adds ROI and a gains preview. Automatic daily wallet sync is a paid Koinly add-on, while CoinSyncer syncs several times a day for free.

### Does CoinSyncer do crypto taxes?

No — CoinSyncer tracks holdings and value snapshots only, with no cost-basis profit and loss or tax reports. Koinly produces Form 8949, Schedule D and local reports for 20+ countries from $49 per tax year.

### Do CoinSyncer and Koinly have iPhone apps?

No — neither CoinSyncer nor Koinly has an iOS app; both run on the web and as Android apps.

### Is CoinSyncer safe to connect to my exchanges?

CoinSyncer connects exchanges through read-only API keys and wallets through public addresses, and its privacy policy says private keys and exchange passwords are never collected or stored. Google Play's data-safety section for the CoinSyncer Android app lists location and personal info as data the app may collect and share, which is broader than the website's email-only privacy policy.

## Neither a match?

- 5 alternatives to CoinSyncer: https://findalternative.to/coinsyncer
- 5 alternatives to Koinly: https://findalternative.to/koinly

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