Summ vs Koinly: Which is Best? [2026]
Key differences
- Summ offers superior DeFi and smart contract support with automatic transaction categorization, while Koinly has a simpler interface better suited for beginners.
- Koinly supports 23,000+ cryptocurrencies and works across 100+ countries, while Summ supports 3,500+ integrations with a focus on DeFi-heavy portfolios.
- Summ specializes in 1099-DA verification and cost basis correction, while Koinly offers broader global tax report formats.
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Description
Koinly is crypto tax software that was founded in 2018. The company's goal is to solve crypto tracking & tax reporting for investors.
Summ (formerly CryptoTaxCalculator) is a crypto tax and portfolio tracking platform built for DeFi users. Founded in 2018 by brothers Shane and Tim Brunette in Sydney, Australia, it turns messy real-world crypto activity into clean, accountant-ready tax reports.
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Supported Countries
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.
Summ supports the US, Canada, UK, EU, Australia, and 197 other countries.
Supported Cryptocurrencies
23,000+ cryptocurrencies
20,000+ cryptocurrencies
Pricing
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.
Five plans:
- Free
- Rookie: $49/year (100 transactions)
- Hobbyist: $99/year (1,000 transactions)
- Investor: $249/year (10,000 transactions)
- Trader: $499/year (100,000 transactions)
Tax Forms & Integration
IRS Forms
Schedule D Support
TurboTax Integration
TaxAct Integration
Features
Integrations
Koinly supports all common wallets and exchange integrations.
Summ supports 3,500+ wallets, exchanges, and DeFi protocols.
Tax Loss Harvesting
Portfolio Tracking
NFT Support
Support & Security
Security Incidents
Koinly customer data has not been hacked before.
Summ has not reported any security incidents.
Live Chat Support
All Koinly plans offer live chat support
In-app chat available on all plans; priority support on higher-tier plans
Official Site
CoinTracking
CoinLedger
CoinTracker
TokenTax
ZenLedger