As cryptocurrency continues to reshape global finance, millions of investors are actively trading, staking, and holding digital assets. Yet with the growing complexity of the crypto landscape comes a serious challenge tax reporting. Governments across the globe are tightening their oversight on digital assets, demanding accurate declarations of profits, losses, and income from crypto activities.
For investors, this can quickly become an administrative nightmare. This is where Koinly becomes indispensable. As one of the most comprehensive crypto tax platforms available, Koinly simplifies compliance, saves time, and ensures investors avoid costly mistakes.
Crypto tax reporting is no longer optional
Tax agencies worldwide, from the IRS in the United States to HMRC in the United Kingdom, have made it clear crypto activity must be reported. Whether it’s a small purchase of Bitcoin or high-frequency trading on decentralised exchanges, all transactions can carry tax implications. Many investors underestimate how many events are taxable. Selling coins, converting tokens, spending crypto on goods and services, receiving staking rewards, and even certain airdrops are all scrutinised by tax authorities.
Manually tracking these transactions is practically impossible, especially for users with multiple wallets, decentralised finance (DeFi) activity, and frequent trades. Errors or omissions can lead to penalties, audits, and legal trouble. Koinly provides a solution by automatically aggregating, calculating, and generating compliant tax reports in minutes.
Integrates seamlessly with over 800 platforms
One of Koinly’s strongest features is its wide integration. It connects with more than 800 crypto exchanges, 200+ wallets, and over 50 blockchains, covering both centralised and decentralised platforms. This includes major players like Binance, Kraken, as well as DeFi platforms such as Uniswap, Aave, and Compound.
Users can link accounts through API keys or upload CSV files. Once synced, Koinly automatically imports all relevant transaction data, such as trades, transfers, staking income, and NFT activity. This removes the need to maintain countless spreadsheets or manually input trades. Koinly’s dashboard gives investors a unified view of their entire crypto history in one place, regardless of how scattered their assets are.
Automatically calculates complex gains and income
The calculation of crypto taxes depends heavily on the tax laws of your country. Capital gains must be tracked when you sell, trade, or otherwise dispose of cryptocurrency, while income tax may apply to rewards from staking, mining, or airdrops. The problem? Most exchanges don’t provide a tax report that accounts for cost basis, gains, and conversions especially when assets move between platforms.
Koinly handles this automatically. It supports multiple accounting methods, including FIFO (First In First Out), LIFO (Last In First Out), HIFO (Highest In First Out), and ACB (Adjusted Cost Basis), depending on what your tax jurisdiction requires. It even identifies internal wallet transfers and distinguishes them from taxable events something manual reporting often gets wrong. Koinly also retrieves historic market prices for assets, ensuring your gains and losses are calculated with precision.
Supports country-Specific Tax Forms
Koinly is designed for a global audience. It supports tax reporting for over 100 countries, including major markets such as the USA, Canada, UK, Australia, Germany, France, India, and Japan. Rather than generating a generic report, Koinly tailors output to the exact forms required by your local tax agency.
For example, in the United States, Koinly generates IRS Form 8949, Schedule D, and income summaries compatible with tax software such as TurboTax and TaxAct. In the UK, it produces reports aligned with HMRC rules. In Australia, it supports ATO compliance. The result is a full set of documents ready for submission or for your accountant to review.

Real-time portfolio tracking built-in
Many crypto tax tools only focus on reporting. Koinly goes further, offering a full portfolio tracking dashboard. This allows users to monitor their holdings across all exchanges and wallets in real-time. You can view your total portfolio value, cost basis, unrealised gains, realised profits, and even performance per token.
For active investors, this feature is invaluable. It eliminates the need to use separate portfolio management tools or constantly log in to each exchange to check balances. It also helps with strategic decision-making. Investors can easily identify underperforming assets, rebalance their holdings, or plan sales in a tax-efficient manner. Even niche tokens and forgotten assets are accounted for, offering a true picture of your crypto wealth.
Ideal for DeFi and NFT traders
DeFi protocols and NFTs present some of the most complex tax reporting scenarios. Most tax software struggles to interpret smart contract interactions, liquidity pool activity, or NFT sales. Koinly excels in this area.
It interprets data from Uniswap, SushiSwap, Curve, and many others. It categorises staking rewards, yield farming income, and liquidity movements accurately. NFT investors will appreciate that Koinly reads wallet activity on chains like Ethereum and Solana, tracking NFT mints, transfers, and sales with accurate valuations.
For users who regularly interact with smart contracts or engage in high-volume DeFi activity, this support is not optional it’s essential.

Saves time, reduces errors, and minimises stress
One of the most valuable aspects of Koinly is how much time and effort it saves. Instead of manually entering transactions, checking exchange histories, converting prices, or guessing cost basis values, users can complete their tax reporting in a fraction of the time. What would take days or even weeks to do manually, can be handled in minutes.
This not only prevents human error but also brings peace of mind. Knowing that your tax obligations are accurately calculated and that all activity is documented can relieve a great deal of anxiety during tax season.
Trusted by professionals and the crypto community
Koinly is widely endorsed by accountants, bookkeepers, and crypto professionals. It has earned an excellent reputation on review platforms such as Trustpilot, where it holds a 4-star average rating based on thousands of reviews. Users consistently praise the platform’s ease of use, the helpfulness of the support team, and the accuracy of the generated reports.
Crypto influencers and financial educators on platforms like X (formerly Twitter) and Reddit often recommend Koinly as their go-to solution, especially for users dealing with high transaction volumes. The platform also offers comprehensive guides and a dedicated Help Center to assist users with uncommon issues, such as manually correcting imported data or reconciling fiat balances.

Scalable pricing for all investor types
Koinly offers free accounts for users who want to explore the platform and preview their tax liabilities. Paid plans start at a reasonable price, depending on the number of transactions you need to process annually. Unlike some competitors, Koinly does not charge based on total portfolio value only transaction count which makes it accessible to both small investors and high-frequency traders.
For those seeking additional accuracy, Koinly also offers options to invite your tax advisor or accountant to access your account, ensuring collaboration is seamless. For crypto investors trying to stay tax-compliant on a budget, this model offers exceptional value.
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Keeps pace with regulatory changes
The global regulatory environment for crypto is evolving rapidly. In some countries, reporting requirements are becoming stricter by the year. Koinly’s development team stays on top of these changes and regularly updates the platform to remain compliant.
For example, as governments begin enforcing stricter reporting from exchanges, or introduce mandatory disclosures, Koinly adapts its reporting logic and form output accordingly. Investors who use Koinly can rest assured that their reports will meet the latest legal standards.
Why Koinly is a smart, essential investment
Koinly is more than a tax tool it is an essential platform for every cryptocurrency investor who wants to maintain compliance, make informed investment decisions, and save time during tax season. It eliminates the guesswork, streamlines reporting, and provides peace of mind in an increasingly regulated market.
Whether you’re a long-term holder, an NFT enthusiast, a DeFi explorer, or a day trader, Koinly is designed to meet your needs. Its global compatibility, robust automation, user-friendly interface, and strong community reputation make it the top choice for crypto tax reports. As tax agencies sharpen their focus on digital assets, now is the time to act responsibly. Use Koinly to keep your records clean and your financial future secure.
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