Koinly: The Ultimate Crypto Tax and Portfolio Tool for 2026

jame

— 2 min read

Cryptocurrency has transformed the way people invest and trade, but with great gains comes complex tax reporting. Enter Koinly, a platform designed to simplify crypto taxes, track your portfolio, and help you stay compliant—no matter where you live.

What is Koinly?

Koinly is a crypto tax and portfolio management platform that automatically calculates capital gains, losses, and income from cryptocurrency activities. Whether you’re trading on exchanges, staking coins, mining, or buying NFTs, Koinly can handle the reporting for you.

It connects directly to your wallets or exchanges, imports transactions, and produces tax-ready reports tailored to your country’s rules. In short, Koinly is the “one-stop shop” for crypto taxes.

Key Features

  • Wallet & Exchange Integration: Supports major exchanges like Binance, Coinbase, Kraken, and wallets like MetaMask or Ledger.
  • Automatic Calculations: Calculates capital gains/losses and crypto income using FIFO, LIFO, or HIFO methods.
  • DeFi & NFT Support: Tracks activity in decentralized finance platforms and NFT marketplaces.
  • Portfolio Overview: Provides a real-time snapshot of holdings, profits, and losses.
  • Multi-Country Tax Support: Compatible with US, UK, Canada, Australia, Germany, and many more.
  • Export & Reports: Generate CSV, PDF, or TurboTax-compatible files for easy filing.

Why Use Koinly?

  1. Saves Time: Automates tedious transaction tracking and tax calculations.
  2. Reduces Errors: Minimizes manual mistakes that could trigger audits.
  3. Supports Complex Activities: From staking to DeFi trades, Koinly can handle most crypto activities.
  4. Portfolio Tracking: Keep an eye on your crypto investments alongside taxes.

How to Get Started

  1. Sign Up: Create an account at Koinly.io.
  2. Connect Wallets/Exchanges: Use API or CSV uploads.
  3. Review Transactions: Check for duplicates or missing trades.
  4. Generate Tax Reports: Select your tax year and download reports in your preferred format.
  5. File Taxes: Use the report with your local tax authority or accountant.

Pricing

Koinly offers several plans based on transaction volume:

  • Free: Up to 10,000 transactions, portfolio tracking, limited reports.
  • Newbie: $49/year – small portfolios, basic reports.
  • Hodler: $99/year – full reporting for medium portfolios.
  • Trader: $179/year – for active traders with many transactions.
  • Pro: $279/year – unlimited transactions, suitable for professional traders.

Pros and Cons

Pros:

  • Handles most crypto platforms and wallets.
  • Supports DeFi, staking, and NFTs.
  • Provides ready-to-file tax reports.
  • Tracks portfolio performance.

Cons:

  • Premium plans can be expensive for large portfolios.
  • Some advanced DeFi trades may require manual input.
  • Not all countries fully supported for direct filing.

Conclusion

For cryptocurrency investors and traders, Koinly is a powerful tool that reduces the headache of tax season while keeping your portfolio organized. Whether you’re a casual investor or an active trader, Koinly’s automation and reporting features make it easier to stay compliant and understand your crypto finances.

In the fast-paced world of crypto, Koinly ensures you spend more time trading—and less time crunching numbers.

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