Koinly is a cryptocurrency tax software and accounting platform that enables users to handle cryptocurrency taxes across different exchanges, wallets, blockchains, and decentralized finance protocols.
Robin Singh founded the company in 2019 to simplify crypto tax reporting by automating transaction tracking, capital gains computations, and tax return preparation. Crypto investors, traders, accountants, and organizations utilize the platform to integrate and match fragmented transaction data with tax compliance requirements in various jurisdictions.
Koinly's crypto tax tools provide users with a centralized reporting mechanism for dealing with modern crypto activity.
Key Features
Supports over 800 integrations with cryptocurrency exchanges, wallets, blockchains, and crypto services.
Automates transaction tracking for spot trading, DeFi, staking, lending, and NFT transactions.
Koinly matches wallet transfers within 12 hours and treats them as non-taxable self-transfers.
Monitors your portfolio by displaying both realized and unrealized profits and losses in one spot.
Koinly supports FIFO, LIFO, HIFO, ACB (Average Cost Basis), Share Pooling (UK), and Optimised HIFO (USA) for proper tax calculation.
Includes reconciliation tools for detecting missing or duplicate transactions.
Provides accountant-specific tools for handling multiple client portfolios.
