Koinly 2026: Simplifying Crypto Taxes for Everyone

jame

— 1 min read

Cryptocurrency trading has exploded in recent years, but keeping track of profits, losses, and taxes can be overwhelming. Koinly is a platform that solves this problem, helping crypto investors calculate taxes, track portfolios, and stay compliant—without hours of manual work.

What Makes Koinly Different?

Unlike manual spreadsheets or generic accounting tools, Koinly is built specifically for cryptocurrency. It can handle:

  • Multiple exchanges and wallets
  • Decentralized finance (DeFi) activity
  • Staking rewards, mining, and airdrops
  • NFT purchases and sales

Koinly automatically imports transactions and categorizes them, giving a clear picture of gains, losses, and income.

How Koinly Works

  1. Connect Your Wallets or Exchanges: Use APIs or CSV files to import transactions.
  2. Review Transactions: Koinly flags duplicates or missing data so you can fix it easily.
  3. Calculate Taxes: The platform calculates capital gains, losses, and crypto income according to your country’s rules.
  4. Generate Reports: Export in formats like PDF, CSV, or TurboTax-compatible files for seamless filing.

It also provides a real-time portfolio overview, showing the value and performance of all your crypto assets in one place.

Key Features

  • Multi-Currency Support: Works in USD, EUR, GBP, AUD, and more.
  • Accounting Methods: FIFO, LIFO, or HIFO for accurate tax reporting.
  • Global Tax Support: Works in the US, UK, Canada, Australia, Germany, and other jurisdictions.
  • Portfolio Tracking: Monitor holdings and gains alongside tax calculations.

Pros and Cons

Pros:

  • Handles complex crypto activity like DeFi and NFTs
  • Automatic calculations save time and reduce errors
  • Supports multiple countries and accounting methods
  • Easy-to-read, exportable tax reports

Cons:

  • Can get pricey for large portfolios
  • Some manual adjustments may be needed for uncommon trades

Who Should Use Koinly?

Koinly is ideal for crypto investors of all levels:

  • Casual traders who want a simple way to file taxes
  • Active traders with dozens or hundreds of transactions
  • DeFi or NFT users who need advanced tracking
  • Anyone who wants to see their crypto portfolio in one place

Conclusion

Crypto taxes don’t have to be stressful. Koinly 2026 automates calculations, generates accurate reports, and helps you track your portfolio, saving you time and headaches. With its support for exchanges, wallets, DeFi, and NFTs, it’s one of the most comprehensive tools for crypto investors worldwide.

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