⬡ChainPick
K

Koinly Review (2026)

Automated crypto tax reports for traders, DeFi users, and NFT collectors

4.3(876)
Crypto Tax SoftwareFree plan

Last updated: April 2026

Visit Koinly →See alternatives

What is Koinly?

Koinly is the most widely adopted crypto tax software for individual traders and small Web3 businesses, supporting tax report generation for 20+ countries including the US (Form 8949 / Schedule D), UK (HMRC), Canada (CRA), Australia (ATO), and the EU. It connects to 700+ exchanges and 100+ wallets via API or CSV import, and pulls on-chain transaction history directly from Ethereum, Solana, BSC, and 50+ other chains using your wallet address — no manual exports needed. Where Koinly earns its reputation is DeFi handling: it can interpret LP deposits and withdrawals, yield farming rewards, staking income, and liquidity mining events, categorizing them correctly for tax purposes under your jurisdiction's rules. NFT transactions are supported, including gas costs as cost basis additions. The cost-basis method selector supports FIFO, LIFO, HIFO, and Average Cost. The free plan lets you import unlimited transactions and preview your tax summary — you only pay when you want to download the report. Annual plans are priced per transaction volume, which is good for light traders but can add up for active DeFi users with thousands of small swaps.

Koinly Pros & Cons

Pros

  • ✓ DeFi categorization is the most accurate of any consumer-grade tax tool
  • ✓ Free import + preview lets you audit your data before paying
  • ✓ 700+ exchange integrations means almost no manual CSV work
  • ✓ Jurisdiction-specific reports cover 20+ countries
  • ✓ Handles NFT gas costs as part of cost basis automatically

Cons

  • ✗ Per-transaction pricing punishes active DeFi users
  • ✗ Complex DeFi edge cases (rebase tokens, multi-hop swaps) sometimes miscategorize
  • ✗ Annual pricing only — no monthly option
  • ✗ Customer support quality drops significantly on lower-tier plans
  • ✗ No audit support or CPA collaboration tools without the Business plan

Koinly Pricing (2026)

Koinly offers a free plan.

Koinly

Free

Free

  • ✓Unlimited imports
  • ✓Portfolio tracking
  • ✓Tax preview (no download)
Get Started
Popular

Koinly

Newbie

Custom

$49/yr billed annually

  • ✓Up to 100 transactions
  • ✓All tax reports
  • ✓FIFO/LIFO/HIFO
  • ✓DeFi & NFT support
Contact Sales

Koinly

Hodler

Custom

$99/yr billed annually

  • ✓Up to 1,000 transactions
  • ✓All reports
  • ✓Priority support
Contact Sales

Koinly

Trader

Custom

$179/yr billed annually

  • ✓Up to 3,000 transactions
  • ✓Futures & options support
Contact Sales

Koinly

Pro

Custom

$279/yr billed annually

  • ✓Up to 10,000 transactions
  • ✓API access
Contact Sales

Koinly Features

FeatureKoinly
Defi Support✓
Nft Support✓
Staking Income✓
Multi Country Reports✓
Cost Basis MethodsFIFO, LIFO, HIFO, Avg Cost
Api Import✓
Csv Import✓
Cpa Export✓
Margin Trading SupportHodler+
Chains Supported50+

Frequently Asked Questions

Is Koinly free?

Yes, Koinly has a free plan.

What is Koinly used for?

Koinly is used for automated crypto tax reports for traders, defi users, and nft collectors. It's primarily used by Web3 teams in the Crypto Tax Software category.

What are the best alternatives to Koinly?

See our full alternatives comparison at web3tools.directory/alternatives/koinly.

How does Koinly compare to other crypto tax software tools?

Koinly has a rating of 4.3/5 based on 876 reviews. Key strength: DeFi categorization is the most accurate of any consumer-grade tax tool. Main limitation: Per-transaction pricing punishes active DeFi users.

Ready to try Koinly?

Get started for free — no credit card required.

Visit Koinly →Compare alternatives