If you want an easy and fast way to calculate your crypto taxes, then you will need crypto tax software. Koinly and CoinTracking 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.
CoinTracker is a cryptocurrency tax software founded in 2017. The platform is designed to simplify crypto tax reporting and portfolio tracking for investors. It also offers crypto portfolio tracking.
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.
CoinTracker supports cryptocurrency tax reporting for users worldwide. It is designed to accommodate tax regulations in various countries and offers specialized tax reporting for larger markets such as the USA, Canada, Australia, UK, Germany, Norway, Denmark, and Sweden.
CoinTracker supports tracking and reporting for over 23,000 cryptocurrencies.
Pricing Plans: CoinTracker offers several pricing plans to cater to different needs:
Koinly supports all common wallets and exchange integrations.
CoinTracker supports integrations with common cryptocurrency wallets and exchanges. It is an official partner of H&R Block and TurboTax.
Koinly customer data has not been hacked before.
CoinTracker has not experienced any data breaches in the past.
All Koinly plans offer live chat support
CoinTracker offers live chat support for all its plans.
These are two of the most popular crypto tax software on the market. We tried to make things easy by giving all of the facts above, while our opinion can come in below. We also built a free crypto tax calculator for the USA if you only have a few trades and don't want to sign up for a platform.
CoinTracker is backed by some fairly strong testimonials, including crypto expert Arianna Simpson
Best UX I found after looking at a number of options! (FWIW I'm not an investor in the company, nor is anyone paying me to say this).
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