CoinTracking vs. Koinly

Not sure whether Koinly vs. CoinTracking is the better fit? Our guide cuts through the noise and shows how they stack up where it actually matters.

Our guide compares Koinly and CoinTracking, covering pricing, integrations, automation, tax features, and international support, so you can quickly see the key differences between the leading crypto tax calculators before diving deeper.

Integrations

Your crypto tax tool needs to support every exchange, wallet, and chain you use — and this is where Koinly clearly pulls ahead.

Koinly supports 1,000+ integrations across exchanges, wallets, and blockchains, compared to CoinTracking’s 230. Additionally, CoinTracking is often slow to add newer chains, while Koinly is constantly shipping the latest support for chains like Monad, Shibarium, and Degen, to name just a few recent drops.

As well as offering more integrations, Koinly’s API integrations are also more complete, with imported data automatically labeled and categorized more accurately out of the box, meaning fewer errors, fewer false positives, and far less manual reconciliation needed.

Portfolio tracking

Both Koinly and CoinTracking work as both crypto tax calculators and crypto portfolio trackers. Each gives you a clear dashboard view of your portfolio, letting you track overall performance as well as drill down into individual assets with metrics like balance, ROI, cost basis, and market value.

DeFi, NFTs, margin trading, and derivatives

Your crypto tax tool needs to handle everything you throw at it, and that’s no small ask. Both Koinly and CoinTracking support common transactions like staking, mining, and airdrops, as well as more complex activities such as liquidity pools, margin trades, and derivatives.

The difference is automation. Koinly handles far more of these transactions correctly by default, with faster imports, better auto-labeling, and built-in handling for things like spam tokens.

Where manual reconciliation is needed, Koinly makes transactions easier to understand and fix when needed, with clearer transaction views and simpler editing tools.

With CoinTracking, many users report slow or inaccurate imports and having to manually tag a large share of complex transactions. A particularly problematic factor for heavy DeFi users is that CoinTracking calculates cost basis by ticker rather than contract address, which can cause issues with duplicate tickers, wrapped assets, or tokens it doesn’t fully recognize. This can both drive up transaction count (and price) and cause inaccuracies.

NFTs are supported on both platforms, but Koinly goes further with a dedicated NFT dashboard that lets you preview NFTs and track value, cost basis, and unrealized gains and losses in one place.

Free plan

Both Koinly and CoinTracking offer a free plan so you can try the software before committing. Koinly’s free plan is far more generous: you can import and review up to 10,000 transactions with full functionality, with the only restriction being the ability to download your tax report.

CoinTracking’s free plan is much more limited. It supports up to 200 transactions and restricts access to several key features, making it harder to fully assess the platform and calculation accuracy before upgrading.

Paid plans

Koinly is more affordable, particularly for higher volume investors. Plans start at $49 per year, with the top tier costing $199 for up to 10,000 transactions and all features included.

CoinTracking’s cheapest plan covers 200 transactions for $49 a a year, but jumps up significantly in price from there with its next tier starting at $159 (compared to $99 on Koinly).

Full access to all CoinTracking features is only available on the unlimited plan, which costs $839 per year.

Usability and features

The whole point of using a crypto tax tool is to avoid manual spreadsheets, and that’s exactly what Koinly is built for. The platform prioritizes usability, making it easy to import data, spot issues, and generate accurate tax reports with minimal effort. Automatic error detection highlights problems clearly, and each issue links to practical help guides that walk you through the fix.

CoinTracking offers similar features on paper, but the experience is far less intuitive. Errors are buried inside reporting menus, editing transactions is clunky, and there’s limited guidance on how to resolve issues, which can be frustrating, especially for first-time users.

Both platforms support transaction tags and filters, but Koinly makes them far easier to use thanks to a cleaner interface and far better documentation. CoinTracking’s tools exist, but finding and using them takes more work.

Koinly also gives users more control through customizable tax settings. That matters because crypto tax rules vary widely and often sit in legal grey areas. With Koinly, you can adjust how specific transactions are treated in line with local rules or your accountant’s advice, whether you want a more conservative or more aggressive approach.

Customer support

Koinly is well known for its customer support, with a 4.6-star Trustpilot rating backed by 2,000+ reviews, alongside live chat, email support, detailed help guides, and an active community subreddit.

CoinTracking also holds a 4.6-star Trustpilot rating, but from a much smaller review base of around 200 users. While it offers email and live chat support, feedback more often points to usability issues and a steeper learning curve for newcomers.

Reputation & security

Both Koinly and CoinTracking take security seriously. Neither platform has experienced a data breach, and both are SOC 2 and ISO 27001 certified.

Both also partner with well-known crypto businesses. CoinTracking works with platforms like Gemini, Phemex, and KuCoin, while Koinly partners with major names such as Kraken, Coinvase, MetaMask, Binance, and Nexo.

Supported countries 

Both Koinly and CoinTracking cover US investors with core reports like IRS Form 8949, Schedule D, and exports for TurboTax and TaxAct.

Where Koinly pulls ahead is international support. It offers dedicated, country-specific reports for Canada, the UK, Australia, Sweden, France, Finland, Denmark, and Switzerland, plus 15+ additional reports worldwide, including a Complete Tax Report that works for almost any tax office. CoinTracking does support international users, but relies mostly on generic reports that aren’t tailored to local filing requirements, which many users find harder to work with.

Conclusion: Which is better?

CoinTracking can work as a portfolio tracker if you’re willing to pay a premium and spend time getting comfortable with the interface. But for most investors, especially high-volume traders, Koinly offers better value.

With more integrations, stronger global tax support, a cleaner UX, and far more affordable pricing at higher transaction counts, Koinly scales better as your activity grows. Slight bias aside, it’s the more practical choice for active crypto investors, and we’ll keep working to keep it that way.