Coinpanda VS Koinly

Coinpanda Reviews

1. Kevin    

   about 4 years ago
   Very simple to use

   I am really happy with how easy Coinpanda is. I trade mostly on Coinbase and Binance and I could import all my transactions without issues. Will recommend this product to all crypto traders.

   🏁 Competitors: CoinTracker, Koinly, ZenLedger, Accointing, BearTax

   👍 Pros:    Easy user interface|User-friendly|Great customer support

Koinly Reviews

Coinpanda mentions (8)

• Why doesn’t snowtrace csv export show the price at time of txn?

  I was waiting on koinly.io to incorporate Avalanche, but then someone mentioned coinpanda.io. I'm looking into it as an automated transaction compiler for tax purposes. Source: over 2 years ago

• Calculate P&L for a financial year

  This website has something http://coinpanda.io but it is asking for a lot of money. Source: over 2 years ago

• I’ve tried crypto tax software so you don’t have to.

  I’ve moved to coin panda next - https://coinpanda.io/ Great selection of exchanges and all sorts of wallets, compliance with both US regulations and EU regulations. But UI/UX was a bit complicated to me compared to Koinly + Koinly was 10$ cheaper for my amount of transactions 😁 Obvious move to Koinly. Source: over 2 years ago

• Goals & porftolio tracking product

  What I mean is: you have entered your entries + goals for selling coins on futures and spot & set goals that you want to reach with your porftolio? Cointracker.io & https://coinpanda.io/ are great but they don't really give me this possibility, excel or google sheet with some advanced scripts can deal with this issue but nothing else. Feedback is much appreciated! Source: over 2 years ago

• US tax strategies

  I was reading coinpanda.io musings on how the IRS breaks down staking for "business" vs "hobby". Source: over 2 years ago

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: 4 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: 9 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: 12 months ago