Koinly vs TokenTax
Side-by-side comparison of Koinly and TokenTax. Pricing, integrations, country support, and feature analysis.
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| Feature | Koinly | TokenTax |
|---|---|---|
| Free Tier | Up to 10,000 transactions (preview only) | None |
| Paid Plans From | $49/year | $65/year |
| Supported Exchanges | 800+ | 200+ |
| Countries | US, UK, AU, CA, DE, FR, SE, NO, FI, DK | US |
| DeFi support | ||
| NFT support | ||
| Tax-loss harvesting | ||
| IRS Form 8949 | ||
| TurboTax integration | ||
| Portfolio tracking | ||
| CPA review | ||
| Margin trading | ||
| Audit defense |
Koinly
Pros
Widest integration support
Good DeFi tracking
Multi-country support
Clean interface
Cons
Free tier is preview only
Complex DeFi can need manual fixes
Annual pricing
TokenTax
Pros
CPA review option
Good for complex cases
Audit protection
Manual entry support
Cons
More expensive
Fewer integrations
US-focused
Frequently Asked Questions
Which is better for crypto taxes, Koinly or TokenTax?+
It depends on your situation. Koinly and TokenTax handle crypto tax reporting differently — they vary in integrations, DeFi support, pricing, and country coverage. Compare the feature table above and consider what matters for your specific tax needs: number of transactions, exchanges you use, DeFi activity, and which country you file in.
Which is cheaper, Koinly or TokenTax?+
Koinly starts at $49/year/year and TokenTax starts at $65/year/year. But price alone doesn't tell the whole story. Compare what each tier includes — transaction limits, number of wallets, DeFi support level, and whether the free tier (Koinly: Up to 10,000 transactions (preview only); TokenTax: None) covers your needs. The cheapest option is the one that handles your volume without needing manual fixes.
Can I try both Koinly and TokenTax before paying?+
Most crypto tax tools let you import your data and preview reports before paying. Koinly's free tier covers Up to 10,000 transactions (preview only), while TokenTax's covers None. Import your data into both and see which handles your transactions more accurately before committing. The time investment is worth it — switching tax software mid-filing season is painful.
Do Koinly and TokenTax support DeFi and NFTs?+
Both tools offer some DeFi and NFT support, but the depth varies significantly. Complex DeFi activity (liquidity pools, yield farming, cross-chain bridges) often requires manual review in any tax tool. Test with your actual transaction history — what matters isn't whether they say they support DeFi, but whether they correctly categorize your specific protocols.