If you want an easy and fast way to calculate your crypto taxes, then you will need crypto tax software. Koinly and CoinLedger are two of the most popular options for tax software. They both make it easy to calculate and generate forms for tax reporting. We've posted all the information to make it easy for you to compare the two software.
Koinly is crypto tax software that was founded in 2018. The company's goal is to solve crypto tracking & tax reporting for investors.
CoinLedger--formerly CryptoTrader.Tax--is crypto tax software that makes it simple to calculate and report your crypto taxes. The company was founded in Texas in 2018.
Koinly supports any country that uses Average Cost, FIFO, LIFO, HIFO etc for calculating gains. The company offers specialized tax reports for larger countries, like the USA, Canada, Australia, UK, Germany, Norway, Denmark and Sweden.
CoinLedger is mainly focused on offering its software to the USA, Germany, Canada, Australia, New Zealand, Japan, Austria, Switzerland, Denmark, Spain and France.
Koinly supports all common wallets and exchange integrations.
CoinLedger supports all common wallets and exchange integrations.
Koinly customer data has not been hacked before.
In 2020, around 1,000 customers of CoinLedger had their data stolen by a hacker. The CEO, David Kemmerer, confirmed this in an interview with Coindesk. since then, there have not been any incidents.
All Koinly plans offer live chat support
All plans offer live chat support, even the free plan
These are the two most popular crypto tax software. We tried to make things easy by giving all of the facts above, while our opinion can come in below. Also, we created a free crypto tax calculator for the USA if you only have a few trades.
BuyBitcoinWorldWide writers are subject-matter experts and base their articles on firsthand information, like interviews with experts, white papers or original studies and experience. We also use trusted research and studies from other well-known sources. You can learn more about our editorial guidelines.