Koinly vs TokenTax: Which is Best? [2025]
Key differences
- Koinly is significantly more affordable, with full-featured plans starting at $49/year versus TokenTax’s $65–$3,499 range.
- TokenTax offers a full-service experience with CPA support, crypto payments, and VIP audit defense, which Koinly does not.
- Koinly is better for DIY users looking for a fast, user-friendly interface; TokenTax is better for complex needs and those wanting expert help.
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Description
TokenTax is a comprehensive crypto tax software and accounting firm founded in 2017. The company combines powerful software with expert crypto tax professionals to provide accurate tax reporting and filing services for crypto traders worldwide.
Koinly is crypto tax software that was founded in 2018. The company's goal is to solve crypto tracking & tax reporting for investors.
Free Trial?
Supported Countries
TokenTax provides global tax support with specialized reports for international crypto regulations. The platform offers detailed capital gain/loss reports for countries using common cost basis methods (FIFO, LIFO, HIFO), with comprehensive tax guides for various jurisdictions.
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.
Supported Cryptocurrencies
30,000+ cryptocurrencies
23,000+ cryptocurrencies
Pricing
Four plans:
- Basic - $65/year (up to 100 transactions)
- Premium - $199/year (up to 5,000 transactions)
- Pro - $1,999/year (up to 20,000 transactions)
- VIP - $3,499/year (up to 30,000 transactions)
Four plans:
- Free
- $49 per year
- $99 per year
- $199 per year
The plan you need will depend on how many trades you have made. All paid plans offer access to all reports and other features.
Tax Forms & Integration
IRS Forms
Schedule D Support
TurboTax Integration
TaxAct Integration
Features
Integrations
TokenTax supports all common wallets and exchange integrations.
Koinly supports all common wallets and exchange integrations.
Tax Loss Harvesting
Portfolio Tracking
NFT Support
Support & Security
Security Incidents
TokenTax customer data has not been hacked before.
Koinly customer data has not been hacked before.
Live Chat Support
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All Koinly plans offer live chat support
Official Site