Software Alternatives & Reviews

Coinbase Commerce VS Koinly

Compare Coinbase Commerce VS Koinly and see what are their differences

Coinbase Commerce logo Coinbase Commerce

Accept BTC, ETH & other digital currencies in your business

Koinly logo Koinly

Koinly is the easiest way to monitor your crypto activity & file your taxes.
  • Coinbase Commerce Landing page
    Landing page //
    2023-09-15
  • Koinly Landing page
    Landing page //
    2021-10-12

Koinly is a cryptocurrency calculator trusted by crypto investors in over 20 countries. Koinly integrates with 700+ exchanges, blockchains, and wallets to give investors an easy and accurate way to track their crypto transactions in one place. From here, Koinly calculates the total capital gains and income an investor has derived from their crypto in any financial year.

Coinbase Commerce videos

Coinbase Commerce vs Bitpay Merchant Services - The Ultimate Crypto Payment Gateway

Koinly videos

Ripple’s Shareholder SBI Invest in QIWI. Ripple Unleashes 1B XRP. Koinly to Add Support for XRP!

More videos:

  • Review - Koinly Review - Paying Taxes on Crypto The Easy Way
  • Review - Koinly Review: The BEST for Crypto Taxes?

Category Popularity

0-100% (relative to Coinbase Commerce and Koinly)
Cryptocurrencies
39 39%
61% 61
Crypto Payments
100 100%
0% 0
Crypto
0 0%
100% 100
Cryptocurrency Wallets
100 100%
0% 0

User comments

Share your experience with using Coinbase Commerce and Koinly. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare Coinbase Commerce and Koinly

Coinbase Commerce Reviews

Best Crypto Payment Gateways 2024
– Real-time Conversion: Coinbase Commerce offers real-time conversion of cryptocurrencies into fiat currency, mitigating price volatility concerns for merchants. This feature enables seamless transactions without the need for manual conversions or additional steps.
Source: bitcoinist.com
9 Best Cryptocurrency Payment Gateways Reviewed [January 2023]
Coinbase Commerce allows small and medium scale businesses to accept crypto payments from customers. Being one of the best crypto exchange platforms, Coinbase supports a wide range of cryptocurrencies. Its Coinbase Pro platform has advanced features to serve professional traders. Businesses can create invoices, simple hosted checkouts, and Coinbase payment buttons using this...
Source: coingape.com
Top Crypto and Bitcoin Payment Processors - Accept Digital Currencies
Moreover, Coinbase Commerce charges only a 1% transaction fee, which is insignificant compared to the benefits it provides. It’s important to mention here that Coinbase Commerce offers the first US$1 million worth of transactions for free, making it one of the cheapest payment processors available today. All in all, if you’re seeking a professional and reliable payment...
Source: originstamp.com

Koinly Reviews

Best Cryptocurrency Tax Software: Complete Guide to the Top Options
The automated data import is available via either an API exchange connection or by adding cryptocurrency wallet addresses. Data on margin trading, futures trading, staking, lending and DeFi can also be imported. An interesting feature is Koinly’s smart transfer matching, which leverages an artificial intelligence system to detect transfers that are made between your personal...
Source: blockonomi.com
14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
Koinly has a very generous free subscription that permits up to 10,000 transactions with lots of additional features. It supports the usual FIFO, LIFO, average cost basis, etc., for tax accountancy.
Source: geekflare.com
15 Best Koinly Alternatives 2022
As the name suggests, CryptoTax Calculator provides easy-to-understand tax calculations with customizable rules to support your unique tax needs. CryptoTax Calculator is an excellent Koinly substitute that does a better job than Koinly in giving powerful and accurate tax reports.

Social recommendations and mentions

Based on our record, Koinly should be more popular than Coinbase Commerce. It has been mentiond 306 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Coinbase Commerce mentions (55)

  • My website want to accept Ethereum as payment
    Came here to say this - try Coinbase Commerce Http://commerce.coinbase.com/. Source: over 1 year ago
  • What did I do wrong with this ETH transaction, and what should I change?
    Have you thought about making a Coinbase Commerce account? It would be a great way to set up payments for your business: Https://commerce.coinbase.com/. Source: over 1 year ago
  • How to Accept Crypto Payments in a Next.js Application using Coinbase Commerce
    Currently, coinbase commerce doesn’t have a sandbox or a testing environment, so we will have to allow our testing with live API keys and real cryptocurrencies. So log in to your coinbase commerce account, click on the profile icon on the top right corner of the page, then click on settings. - Source: dev.to / over 1 year ago
  • Ask HN: Which startups have the most interesting pivot stories?
    They actually got to that part pretty early on I think. They had a feature that allowed businesses to accept crypto through them and receive plain old fiat payouts to the bank account. It's still there nowadays, too: https://commerce.coinbase.com/. - Source: Hacker News / over 1 year ago
  • My Eth is Internal Transaction, what to do next?
    If you're processing Ethereum payments, then just switch to another processor like (Poof or CB commerce). Bitpay's been known to be sht. Source: over 1 year ago
View more

Koinly mentions (306)

  • Tax Question. If i buy $1000 worth of crypto and sell 50% on a double and then let the balance ride. Am i exempt from paying tax on that transaction?
    Every transaction you make with crypto is a taxable event. Even buying something with your bitcoin is a taxable event. So instead of looking at your balance, you have to look at each and every transaction and see how much you paid for the asset, how much you sold it for, and how long you held it. The ATO will also want a report on your crypto transactions, which you can get from koinly.io. That will also... Source: 5 months ago
  • 48-nation bloc to crack down on using crypto assets to avoid tax
    Https://koinly.io/ is a popular recommendation here in Denmark. Denmark may have the worst possible taxation for crypto: every time you sell, use or convert your crypto, that's an event where you have to calculate your gains or losses. Gains are taxed like personal income (so up to 53% tax), but losses can only be deducted at 26% they do not offset the gains directly. A school teacher speculating in crypto ended... - Source: Hacker News / 5 months ago
  • Questions about defi
    -is it possible to track swaps and trades I'm making in defi via koinly.io or another tax tracking provider? I want to take advantage of long term capital gains vs short term whenever possible. Source: 10 months ago
  • I made around 90K profit from a meme coin (crypto)recently and I’m 18 years old and have no idea how to go about taxes. Please help me . Also what could I do with my profits ?
    Every trade where you go from 1 coin to another is a capital gains event. Take a look into https://koinly.io/ to calculate it for you. Source: 11 months ago
  • Staked ETH Rewards on Coinbase
    I just bit the bullet and pay koinly.io to do it for me. The one thing I like about it is you can tag staked transaction (eth to eth2) as swaps so they don't show up on your taxes. It's actually free until you want them to generate a tax form for you. Source: almost 1 year ago
View more

What are some alternatives?

When comparing Coinbase Commerce and Koinly, you can also consider the following products

BitPay - Bitcoin payment gateway. Enterprise-grade solutions, from the pioneer of bitcoin payments.

CoinTracking - All Coins, all Analyzes, all Calculations, all Charts and all Prices for Bitcoin, Litecoin...

CoinGate - CoinGate is a payment gateway for Bitcoin, XRP, Litecoin, Ethereum and 50 other cryptocurrencies.

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

NOWPayments - NOWPayments is a crypto payment gateway that supports more than 250 cryptocurrencies, including fiat, and offers simple tools to accept crypto payments, like a crypto API, plugins, invoices.

CryptoTrader.Tax - Tax software for cryptocurrency