Koinly review
Crypto tax software that imports exchange and wallet history and produces Form 8949 and local tax reports for 20+ countries, free to track with reports from $49 per tax year.
By Noahlast updated pricing verified
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Koinly in 20 seconds
Best for: Producing a country-specific crypto tax report for one tax year from trades across several exchanges and wallets
Pricing: Free tracking and gains preview up to 10,000 transactions; tax reports cost $49, $99, $199 or $299 per tax year (100 to 10,000 transactions), paid once with no subscription.
- Koinly's free plan tracks up to 10,000 transactions across unlimited wallets but does not generate downloadable tax reports.
- Koinly tax plans cost $49 (100 transactions), $99 (1,000), $199 (3,000) and $299 (10,000) per tax year as one-time payments.
- Koinly says it has 2M+ users in 140+ countries and produces local tax reports for 20+ countries.
- Koinly was founded in 2019 and is self-funded, with no outside investors.
- Koinly connects to 900+ exchanges and wallets and reconciles the 1099-DA forms that US exchanges now issue.
- Koinly refunds a plan in full within 7 days of purchase if no tax report has been generated.
Limitations: Each tax year requires its own plan.; No downloadable tax reports on the free plan.; Exceeding the transaction limit halts calculations until you upgrade.; No iOS app in the App Store.
Top alternatives: CoinTracker, CoinLedger, CoinTracking, CoinStats, CoinSyncer — full list
What is Koinly?
Koinly is a crypto tax calculator and portfolio tracker. Users connect exchanges through API keys or CSV files and wallets through public addresses or xPub keys. Koinly then imports the full history, groups related trades, filters spam and tracks transfers between accounts so each coin keeps its original cost basis. It computes gains and income under the user's country rules with FIFO, LIFO, HIFO, average cost, ACB, shared pool or wallet-based Spec ID methods, and flags negative balances or missing cost basis before a report is generated. The free plan shows holdings, ROI and the full tax summary for up to 10,000 transactions. Buying a plan for a specific tax year unlocks downloadable reports such as Form 8949, Schedule D, an audit report and files for TurboTax, TaxACT or an accountant. Plans are one-time purchases valid for 10 years, and optional add-ons cover daily wallet sync, a second tax country and an expert review.
Koinly is crypto tax software that imports exchange and wallet history, matches transfers to keep each coin's cost basis, and calculates gains and income from trading, DeFi, staking, mining and NFTs. Tracking and a full gains preview are free for up to 10,000 transactions. Tax reports are a one-time purchase per tax year: Newbie costs $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. Reports include Form 8949, Schedule D, 1099-DA reconciliation, TurboTax and TaxACT exports and local formats for 20+ countries. Koinly, founded in 2019 and self-funded, says it has 2M+ users in 140+ countries and refunds within 7 days if no report was generated.
Standout feature: A free plan that tracks up to 10,000 transactions and shows the complete gains and income summary before you pay, combined with one-time per-year pricing and local tax reports for 20+ countries.
Biggest weakness: Koinly sells reports one tax year at a time, so catching up on several years means buying a plan for each. Each plan must also cover that year's transaction count: 2,000 trades in one year needs the $199 Trader plan. If imports exceed the plan's limit, calculations, wallet syncing and report downloads stop until you upgrade.
Koinly: pros and cons
Pros
- The free plan tracks up to 10,000 transactions across unlimited wallets and shows the full gains summary before any payment.
- One-time payment per tax year with no auto-renewal, and each plan stays valid for 10 years.
- Local tax reports for 20+ countries, with FIFO, LIFO, HIFO, ACB, shared pool and Spec ID cost-basis methods.
- Spam, most dust rewards and grouped trades do not count toward transaction limits.
- Accepts cards or crypto (BTC, ETH, DAI, USDC), with a full refund within 7 days if no report was generated.
Cons
- Each tax year is a separate purchase, so filing three back years costs three plans.
- Going over a plan's transaction limit halts calculations, syncing and report downloads until you upgrade or delete transactions.
- Automatic daily wallet sync is a paid add-on; without it you trigger each sync yourself.
- There is no iOS app in the App Store, only an Android app and the website.
Koinly pricing
Free tier · paid from $49/yr · verified from the vendor's pricing page
| Plan | Price | Notes |
|---|---|---|
| Free | Free | Unlimited wallets and exchanges, up to 10,000 transactions tracked, portfolio tracking and the full capital gains preview; no downloadable tax reports, cost analysis or Excel bulk edit. |
| Newbie | $49/yr | One-time payment per tax year, no auto-renewal; up to 100 transactions; Form 8949, Schedule D, international tax reports, audit report, TurboTax and TaxACT exports, email and chat support. |
| Hodler | $99/yr | One-time payment per tax year; up to 1,000 transactions, with the same reports and support as Newbie. |
| Trader | $199/yr | One-time payment per tax year; up to 3,000 transactions. |
| Pro | $299/yr | One-time payment per tax year; up to 10,000 transactions, with extra transactions bought in packages of 1,000. |
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