Koinly Reviews

Opening an account on Koinly.io is quite straightforward. Here are the steps:

1. Visit the Signup Page: Go to the Koinly Signup Page.
2. Create an Account: Enter your email address and create a password. By signing up, you agree to their Terms and Conditions.
3. Verify Your Email: You will receive a verification email. Click on the link in the email to verify your account.
4. Add Your Wallets: Once your account is set up, you can start adding your wallets. Go to the Wallets page and click on "Add Wallet". You can select your wallet by searching for it or finding it in the list.
5. Import Your Data: Choose how you want to import your transactions. You can use API keys for auto-sync, or import CSV files manually.
6. Review and Generate Reports: After importing your transactions, review the data to ensure accuracy. Once done, you can generate your tax reports.

Koinly supports a wide range of exchanges and wallets. Here are some of the popular ones:

• Binance
• Coinbase
• Kraken
• Crypto.com
• Gemini
• KuCoin
• BitMEX
• Bitfinex
• Bittrex
• Poloniex
• OKX (OKEx)
• Huobi
• CoinSpot
• CoinJar
• Swyftx
• Independent Reserve
• Trust Wallet
• MetaMask
• Ledger
• Trezor

This is just a partial list, as Koinly supports over 400 exchanges and 100 wallets.

Here are the top alternatives to Koinly:

1. Zengo Wallet: A crypto wallet for everyone, offering bulletproof security and legendary customer support.
2. Ledger Vault: Provides secure custody of crypto assets for the financial industry.
3. CoinRabbit: An instant cryptocurrency lending service without credit checks, monthly payments, and maximum loan sizes.
4. Fireblocks: A platform that secures digital assets in transit.
5. Coinbase Custody: A trusted and easy-to-use platform to buy, sell, and store cryptocurrency.
6. Dfns: A platform that provides a suite of tools for managing digital assets.
7. Coinbase Prime: A professional trading platform for institutional clients.
8. BitGo Cryptocurrency Wallet: Provides security, compliance, and custodial solutions for blockchain-based currencies.
9. BitOK: Enables users to monitor all wallet activity including DeFi.
10. Cointracking: The best way to keep accurate track of your cryptocurrency portfolio.

These alternatives offer similar services to Koinly and are highly rated by their users.

Yes, Koinly is a crypto tax software that aims to simplify the process of reporting and managing cryptocurrency taxes. It offers a range of features to automate the tax reporting process, including integration with over 400 crypto exchanges and wallets, real-time tracking of transactions and gains/losses, and support for multiple accounting methods. Koinly can generate the right crypto tax reports for you, whether you are filing yourself, using a tax software like TurboTax, or working with an accountant. It supports all countries that use Average Cost, FIFO, LIFO, HIFO etc for calculating gains. Therefore, it can be used for business taxes if your business involves cryptocurrency transactions.

Koinly.io offers a range of pricing plans based on the number of transactions you have made. The Free Plan allows you to import up to 10,000 transactions, but you will not be able to generate any tax reports. The paid plans include the Newbie plan at $49.00 per year, the Hodler plan at $99.00 per year, and the Trader plan at $179.00 per year. Each plan comes with a different transaction limit, and the limit increases every time you buy a tax report. If you exceed the transaction limit on a free plan, your calculations will stop until a paid plan is purchased. Koinly.io also accepts both cryptocurrency and credit/debit card payments.

Koinly offers several pricing plans. The Newbie plan costs $49.00 per year and is suitable for those just getting started. The Hodler plan is priced at $99.00 per year. For professional traders, the Trader plan is available at $179.00 per year. If you have more than 10,000 transactions, you can pay $279 for additional transactions. Koinly also offers a Free Plan with limited features. Please note that prices may vary, so it's always a good idea to check the official Koinly website for the most accurate and up-to-date information.

There are 4 ways to import transactions into Koinly.io:

1. Using read-only API keys: If the exchange you want to add has an API and Koinly supports it, you can use this method.
2. Using CSV files: You can download these directly from your exchange/wallet website and import them into Koinly.
3. Creating a CSV file manually: This is usually only needed if you traded on an exchange that does not allow you to download your transactions.
4. Manually entering transactions via the Koinly interface: This is recommended only if you have just a few transactions as the other methods are usually much faster.

Remember, for transfers between your own wallets, it's not recommended to add a transfer manually as it can result in double entries if one of your wallets already has a deposit or withdrawal entry for it. Instead, you should look for an existing deposit/withdrawal in Koinly and change it to a Transfer.

Koinly.io offers a range of products and services primarily focused on cryptocurrency tax software and crypto portfolio tracking. Their tax software is designed to calculate your cryptocurrency taxes and help reduce them for the next year. It's available in over 20 countries and provides a free report preview. The software supports forms like Form 8949 & Schedule D, TurboTax & TaxAct, and HMRC / ATO / CRA Report.

In addition to tax calculation, Koinly.io allows you to import your ETH, BTC, Tezos, and other transactions directly from the ledger, sync all your exchange trading history in one-click, and get a ready-to-file tax report. It also uses AI to detect transfers between your own wallets and keep track of your original cost.

As for the portfolio tracker, it allows you to track your assets from multiple exchanges and wallets, see profit & loss, and more - for free - for 10,000 transactions. It offers 750+ integrations including 350+ exchanges, 90+ wallets, 150+ blockchains, with API support for thousands of coins and tokens. The tracker also provides real-time tracking of your profits & losses, as well as your unrealized gains & losses.

Koinly.io supports 100+ wallets and plenty of crypto savings accounts, including popular companies like Ledger, Nexo, Trezor, Trust Wallet, and Yoroi. It's praised for its user-friendly interface, clear visualization of portfolio performance, and robust security measures.

Koinly is a cryptocurrency tax software that simplifies the process of cryptocurrency tax reporting. It allows you to monitor all your crypto activities and generate regulatory compliant tax reports. You can integrate your wallets or exchanges, automatically import transactions via API keys, and generate and download tax reports. Koinly supports over 50 wallets, over 350 exchanges, and more than 6000 different coins. It can handle activities including trading, mining, staking, lending, and airdrops. It also offers a free account option where you can track approximately 10,000 crypto transactions. Koinly is available in over 20 countries, including the UK, US, and Canada.

To create an account on Koinly.io, follow these steps:

1. Visit the Koinly.io website.
2. Click on the Sign Up or Create Account button, usually located at the top right corner of the page.
3. You will be asked to provide some basic information such as your email address and password. Fill in the required fields.
4. You may need to verify your email address. If so, go to your email inbox, open the email from Koinly, and click on the verification link.
5. Once your email is verified, you can log in to your new Koinly account.

After creating your account, you can start adding your wallets and importing your transaction data. Koinly supports automatic syncing with many popular exchanges via API, as well as manual data import via CSV files. Once your data is imported, Koinly can calculate your capital gains and generate tax reports. Please refer to the Koinly Help Center for detailed instructions and support.

Yes, Koinly.io does offer a free trial. This trial allows you to use Koinly's features and track up to 10,000 transactions across all supported exchanges and wallets. However, please note that the free plan does not support tax reports. You only need to purchase a plan to download your tax reports.

Koinly.io has a refund policy in place. If you have made a purchase but are not satisfied with the service, you can reach out to them. You are eligible for a refund as long as all of these conditions are met: - You make the refund request within 7 days of making the purchase. - Your reasons for a refund are related to a bug/issue with Koinly that they are unable to resolve within a reasonable time. - You have not downloaded any tax reports.

If your purchase was made using one of the cryptocurrency payment options, you can choose to receive a refund in USDC or receive a refund in the original cryptocurrency (less any network fees) as long as the value of the coins you paid with has not increased by more than $20 (due to market fluctuations). If the coins have increased in value by more than $20, you will receive a refund in USDC instead.

As for the shipping policy, I couldn't find any specific information about it. Koinly.io is a digital platform providing tax services for cryptocurrency, so physical shipping may not be applicable. If you need more specific information, I recommend reaching out to Koinly.io directly.

Koinly.io is a cryptocurrency tax software that helps users calculate their cryptocurrency taxes and potentially reduce them for the next year. It supports over 750 exchanges and wallets, and can handle various types of transactions including DeFi, margin trades, and futures. Users can add their exchange accounts via API or CSV files and connect their blockchain wallets using public addresses. The software uses AI to detect transfers between your own wallets and keep track of your original cost. It also provides a preview of your capital gains and offers portfolio tracking. Koinly.io can generate tax documents for users, including Form 8949 and Schedule D for those filing in the US. It also provides a comprehensive tax report with all your long/short term disposals. The platform is designed to be simple, reliable, and available in over 20 countries.

If you have made a purchase on Koinly.io but are not satisfied with the service, you can reach out to them at accounts@koinly.io for a refund. You are eligible for a refund as long as all of these conditions are met: You make the refund request within 7 days of making the purchase, your reasons for a refund are related to a bug/issue with Koinly that they are unable to resolve within a reasonable time, and you have not downloaded any tax reports. If you need further assistance, you can contact their customer support team by clicking on the chat icon in the bottom right corner of their website or submitting a new request. Please always contact Koinly via their official channels to avoid scams.

Koinly.io is a platform that provides crypto tax reports that are compliant with local laws. It supports over 20 countries, from the US to Japan and everywhere in between. Koinly can generate a variety of reports including the Complete Tax Report, Transaction Report, Capital Gains Report, Income Report, Gifts, Donations & Lost Assets, Expenses Report, End of Year Holdings Report, Beginning of Year Holdings Report, Asset Summary Report, Buy Sell Report, and Transaction History. These reports provide comprehensive information about your crypto transactions, capital gains, income, and more. In addition to these, Koinly can also generate localized tax reports for different countries such as the USA, UK, Sweden, Norway, Finland, Canada, Australia, France, Spain, and many others. If you need to download your reports for more than one country, you can do so by purchasing the "Dual nationality" add-on. Koinly supports over 100 countries globally. If your country uses any of the supported cost basis methods (such as FIFO, LIFO etc), then Koinly can help you with your crypto taxes. The platform also offers specialized reports for individual needs and circumstances.