Coinpanda vs. Koinly

Which crypto tax software is best for you? Comparing two of the leading providers: Koinly and Coinpanda.

We’re breaking down everything you need to know when choosing a crypto tax calculator: integrations, automations, international support, and tax accuracy. So you can choose the right tool for you.

Integrations

Having native support for your exchanges, wallets, or blockchains is one of the most important features of a crypto tax software. With less support comes more manual work for you.

Koinly leads in integrations with over 1,000, including more than 500 API auto-sync integrations, meaning most users can calculate their crypto taxes without dealing with any CSVs. 

Coinpanda supports a wide range of integrations (900+), but with only around 370 being auto-sync, that means over half of them require manual CSV imports.

Whilst both Koinly and Coinpanda have an auto-mapping feature when it comes to CSVs, you’re likely to be putting in more work with Coinpanda, as many more of your exchanges and wallets will require a CSV to import your data.

Portfolio tracking

Both Koinly and Coinpanda offer solid, free portfolio tracking, allowing you to monitor performance, holdings, and gains at a glance.  

The difference between the two comes down to user experience. While both the Coinpanda and Koinly dashboards are neat and easy to use, the Koinly dashboard provides direct access to its NFTs and tax loss harvesting (tax optimization) features. 

It also provides clickable information on deposits, withdrawals, gains, and fees, taking you to the exact transactions that impact these calculations. Both features improve the overall experience, with a portfolio that's quicker to navigate and provides understanding.

DeFi, NFTs, margin trading, and derivatives

Both platforms support the full range of transaction types, including DeFi, NFTs, staking, mining, airdrops, and derivatives. 

The difference comes down to which platform creates more manual work. Koinly is much better at recognising spam tokens and fake airdrops, and will filter these transactions out so they do not affect your tax liability.

However, Coinpanda does not recognize all spam transactions. They do flag them with a missing cost basis, but it’s likely you’ll still have to spend time tagging each transaction to ensure they do not affect your tax report.

Free plan

Koinly and Coinpanda both offer an extensive free plan, providing rich tax details, portfolio tracking, and tax loss harvesting tools. 

Again, the difference here is user experience. Although both platforms offer a tax summary preview, Koinly provides information on what each section means, so you can better understand your portfolio and how this affects your tax liability.

Coinpanda offers a free tax report for users with 25 or fewer transactions; however, this is only beneficial to users with a small portfolio.

Paid plans

Koinly's paid plans work out more affordable. A plan covering up to 1,000 transactions costs $99 on Koinly, compared to $149 on Coinpanda.

Usability and features

Both platforms make importing, filtering, and reviewing transactions easy. With support for tags and automatic error detection to identify any issues that may affect your taxes.

Koinly’s detection feature stands out. Any issues detected are clearly flagged at the wallet level with in-app guidance to help you resolve them quickly. This allows you to have more visibility and control over your portfolio and calculations.

Although Coinpanda can filter out some spam tokens, Koinly is better at detecting these and automatically hides them, saving you from having to manually tag them.

Another important note is that Koinly automatically syncs your exchanges, wallets, and blockchains, ensuring all data is up-to-date and relevant. However, when you first import your exchanges or wallets to Coinpanda, you have to prompt the platform to sync your data in order to view your transactions.

Customer support

Koinly scores an average of 4.6 stars from more than 2,000 reviews on Trustpilot, whilst Coinpanda scores an average of 2.9 stars from around 130 reviews. 

Users noted that they faced technical limitations, but were unable to receive a refund from Coinpanda, and they feel that there is a misalignment between their expectations and the refund policy. Koinly offers a more generous refund policy and helpful customer support to resolve any issues you may face.

Both platforms have a variety of support channels, including help centres, email support, live chat, community forums, and expert review services. 

There is a significant price difference between Koinly's expert review service and Coinpanda’s, with Koinly using dynamic pricing between $499 - $1,999 depending on seasonal demand, and Coinpanda’s expert review service being priced at a flat rate of $1,459.

Reputation and security

Both Koinly and Coinpanda benefit from strong partnerships across the crypto industry with leading wallets and exchanges. Some notable names for Coinpanda include Trust Wallet and Uphold, while some notable names for Koinly include MetaMask, Binance, and Nexo.

Koinly is SOC2 and ISO 27001 certified and has not experienced any direct data breaches to date. 

Coinpanda’s security certifications are unclear from publicly available information. They do claim that security is a top priority for them, and all their services and data are hosted in Amazon Web Services (AWS) facilities. 

They have not experienced any data breaches; however, their users and the general public were recently targeted by a mass spam call scheme that falsely claimed to be Coinpanda. 

In 2025, Koinly was impacted by a third-party Mixpanel data breach, but was not directly compromised. They have since discontinued use of this service to better protect users.

Supported countries 

Both Koinly and Coinpanda offer a variety of international reports for investors. For US investors, both platforms offer IRS Forms 8949 and Schedule D, as well as dedicated reports for tax filing software like TurboTax and TaxAct. Outside the US, both platforms offer specific reports for Canada, Australia, Sweden, and France.

Koinly takes the lead, particularly for European users, with additional reports for Finland, Denmark, and Switzerland.

Outside these countries, both Koinly and Coinpanda offer a Complete Tax Report that can help international investors file with their tax office in most instances. Coinpanda offers additional reports for investors worldwide, including a highest balance report, transaction history report, and capital gains report. 

However, Koinly offers these reports and more, with a total of 15+ specialized reports for global investors.

Conclusion: Which is better?

Koinly and Coinpanda are comparable in many aspects, but we believe Koinly stands out with a better user experience, more affordable paid plans, and superior customer service. Although we might be a touch biased, we'll continue working hard so our product stays that way.