Koinly offers 750+ integrations including 350+ exchanges, 90+ wallets, 150+ blockchains, with support for thousands of coins and tokens.
Koinly is not just for taxes. Use Koinly to track your realized and unrealized profits & losses in real-time and supercharge your portfolio performance.
Koinly gives you more for less, with a generous free plan that imports 10,000 transactions, has 750+ integrations, and provides a free tax preview.
At Koinly, we delight our users with fast support and an excellent product. That's why we’re consistently the highest rated crypto tax software on Trustpilot.
No more crazy spreadsheets! Koinly imports your transactions in a heartbeat. Bitbuy, Coinberry, Coinsmart, Newton, Wealthsimple? We got ‘em all. Simply connect your exchanges, wallets, and blockchains and let the magic begin.
Koinly’s super power? We understand how to calculate crypto gains and losses correctly! Koinly knows if a transaction was a capital gain, a loss, income, or a non-taxable event.
Ready for the big reveal? Koinly’s calculated your crypto tax and sorted it into an awesome report that is compliant with the rules of the CRA. Now, hook yourself up with an affordable plan, download your report, and file away!
"Koinly is CRUSHING the competition. The best experience I've ever had with tracking all my crypto in one place. It's incredibly easy to use and intuitive."
"I'm in Canada and it was able to generate capital gains report using Adjusted cost basis. Simple. Elegant. Easy to use software. 10/10 genuinely recommend."
"Koinly made making my crypto tax report (which is quite complex) very easy! I could tweak everything easily for my situation to be perfectly represented. Everything is automatically calculated and I can trust the reports being generated."
Koinly calculates your cryptocurrency taxes and helps you reduce them for next year. Simple & Reliable.
Yes, the Canadian Revenue Agency (CRA) has issued official guidance stating that cryptocurrency is taxed as a capital gains asset which means you have to pay tax every time you trade, sell or use crypto to pay for goods/items.
Yes. It doesn't matter if you only made losses, you still have to report it to your tax agency. In fact, it is in your best interests to report your losses as this is one of the best ways to reduce your crypto taxes in the future!
Yes. Any exchange of cryptocurrencies is also a taxable event. For ex. if you exchange Bitcoin for Ripple, the IRS and other tax agencies will treat this as a sale of Bitcoin at the market price of the XRP you received.
You have to use the Adjusted Cost Basis for calculating your crypto taxes. This means you average all your holdings to figure out the purchase price of sold assets. The Superficial Loss Rule also applies if you are selling assets bought within 30 days.
Koinly supports over 300 exchanges including Canadian exchanges like NDAX, Coinberry, Shakepay, Bitbuy and the now-defunct QuadrigaCX. Even margin trades and futures on Binance, Kraken & others are supported.
No, you don't. As long as you own both wallets there's no tax to pay on transfers. However, you still have to keep track of the original cost of the transferred coins and have sufficient proof of it.
Koinly automatically imports your transactions, finds all the market prices at the time of your trades, matches transfers between your own wallets, calculates your crypto gains/losses and generates your tax reports!