Software Alternatives & Startups
Register | Login

Koinly VS 1010Data

Compare Koinly VS 1010Data and see what are their differences

Koinly

Koinly is the easiest way to monitor your crypto activity & file your taxes.

Rating
0 reviews
Pricing
Freemium
Alternatives Is it good?
1010Data

1010data provides cloud-based big data analytics for retail, manufacturing, telecom and financial services enterprises.

Rating
0 reviews
Alternatives Is it good?
StatePilot.app
IRS & state notice workflow management for accounting and tax firms. sponsored
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Which is more popular?

Based on our record, Koinly seems to be a lot more popular than 1010Data. While we know about 306 links to Koinly, we've tracked only 1 mention of 1010Data.

social mentions
306 vs 1
Cryptocurrencies popularity
100% vs 0%
alternatives listed
204 vs 101

Base details

Website, pricing, platforms and company facts side by side.

Koinly
1010Data
Website koinly.io 1010data.com
Pricing
Freemium Official pricing
—
Company Startup from the United Kingdom · 2018 —
Listed in
Finance Cryptocurrencies Taxes Crypto Tax Reports Crypto Cryptocurrencies Dashboard Bitcoin Cryptocurrency Investment +5
Data Dashboard Database Tools Data Science And Machine Learning Big Data Analytics +1

About Koinly and 1010Data

In their own words, as submitted to SaaSHub.

Koinly
1010Data

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...

Read more about Koinly

No description of 1010Data yet.

Features and specs

What each product offers, as listed by its team.

Koinly 6 features
1010Data 6 features
  • User-Friendly Interface
    Koinly offers an intuitive and easy-to-navigate interface, making it accessible for both novice and experienced crypto investors.
  • Comprehensive Transaction Tracking
    The platform supports a wide range of cryptocurrencies and integrates with numerous exchanges and wallets, allowing for detailed transaction tracking.
  • Tax Reporting
    Koinly provides automated tax reports that comply with the regulations in various countries, simplifying the process of filing crypto taxes.
  • Accurate Calculations
    Koinly uses advanced algorithms to accurately calculate gains, losses, and income from your crypto activities.
  • Excellent Customer Support
    Users generally report positive experiences with Koinly's customer support, which is responsive and helpful.
  • Portfolio Insights
    The platform offers valuable insights into your crypto portfolio, including detailed analytics and performance tracking.

Possible disadvantages

  • Cost
    While Koinly offers a free plan, advanced features and comprehensive reporting require a paid subscription, which might be expensive for some users.
  • Limited Free Plan
    The free plan has limitations on the number of transactions it can handle, which may not be sufficient for active traders.
  • Complex Transactions
    Some users have reported that the platform struggles with the accurate categorization and calculation of more complex transactions, such as DeFi activities.
  • Privacy Concerns
    Some users may be concerned about providing access to their exchange and wallet data, which involves sharing sensitive financial information with a third-party service.
  • Data Sync Issues
    Occasionally, there are reports of synchronization issues where data from exchanges or wallets doesn't update correctly or promptly.
  • Learning Curve for Detailed Features
    While basic features are user-friendly, some of the more advanced tools and customization options might have a steeper learning curve.
  • Scalability
    1010Data is designed to handle massive datasets, making it suitable for large enterprises that require powerful data processing capabilities.
  • Ease of Use
    The platform offers a user-friendly interface and intuitive data analysis tools, which can ease the learning curve for new users.
  • Integrated Platform
    1010Data provides a unified platform that combines data storage, processing, and analytics, allowing for seamless data management and analysis.
  • Real-Time Analytics
    The platform supports real-time data analysis, enabling businesses to make timely decisions based on the latest data insights.
  • Strong Security Measures
    1010Data implements robust security protocols, ensuring that sensitive data is protected against unauthorized access.
  • Industry-Specific Solutions
    The platform offers tailored solutions for various industries such as retail, finance, and healthcare, helping users meet sector-specific requirements.

Possible disadvantages

  • Cost
    The platform can be expensive for small to medium-sized businesses, potentially putting it out of reach for organizations with limited budgets.
  • Complexity for Advanced Users
    While 1010Data is user-friendly, more advanced users may find the platform's limitations restricting for highly complex or custom analyses.
  • Integration Challenges
    Integrating 1010Data with existing systems and workflows can be complex and might require additional resources and time.
  • Steep Learning Curve for Advanced Features
    Despite the easy-to-use interface, mastering the platform's advanced features may require significant training and expertise.
  • Performance Issues with Extremely Large Datasets
    Although designed for scalability, performance can degrade when working with extremely large datasets or very complex queries.
  • Limited Offline Capabilities
    1010Data is primarily cloud-based, which can be a limitation for users needing robust offline functionality for data analysis.

Analysis

An editorial look at what each product does well and who it suits.

Koinly
1010Data

Overall verdict

  • Overall, Koinly is considered a reliable and efficient tool for managing cryptocurrency taxes. It is well-suited for individuals who seek an automated solution to handle their crypto tax responsibilities and wish to ensure compliance without hassle.

Why this product is good

  • Koinly is often regarded as a good cryptocurrency tax software due to its user-friendly interface, comprehensive support for a wide range of exchanges and wallets, and its ability to generate tax reports compliant with various countries' regulations. It automates the tedious process of tracking transactions, calculating gains and losses, and preparing necessary tax documents. Additionally, it supports multiple currencies and offers detailed features that cater to both casual investors and professional traders.

Recommended for

  • Cryptocurrency investors seeking an easy-to-use tax solution
  • Frequent traders needing comprehensive transaction tracking
  • Individuals looking for a software compatible with various international tax jurisdictions
  • Users who want to automate their tax reporting process

Overall verdict

  • Overall, 1010Data is considered a good choice for businesses looking for comprehensive data analytics solutions, especially if they operate in industries where handling large datasets is crucial. Its power, scalability, and ease of use make it a popular choice among enterprises that need to transform data into strategic insights.

Why this product is good

  • 1010Data is known for providing robust big data analytics and insights, particularly for companies in the retail, finance, and consumer goods sectors. It offers a cloud-based platform that enables businesses to manage, share, and analyze large datasets quickly and efficiently. Users appreciate its strong data integration capabilities, high performance on complex queries, and the ability to handle large volumes of data. Additionally, 1010Data’s focus on providing actionable insights makes it a valuable tool for data-driven decision-making.

Recommended for

  • Retail companies needing to manage and analyze large sales and customer data.
  • Financial institutions looking for detailed analysis of market and transaction data.
  • Consumer goods companies that require insights into supply chain and product performance.
  • Businesses that need to integrate diverse data sources into a cohesive analytics platform.
  • Organizations seeking a cloud-based solution capable of handling complex queries and large datasets.

Videos

Walkthroughs and reviews on video.

Koinly 3 videos + Add
1010Data 3 videos + Add

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

More videos

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

Introduction to 1010data

More videos

  • - 1010data Employee Reviews - Q3 2018
  • - 1010data Company Overview

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Koinly
1010Data
100% 100%
Cryptocurrencies
0% 0%
0% 0%
Data Dashboard
100% 100%
100% 100%
Crypto
0% 0%
0% 0%
Big Data Analytics
100% 100%

User comments

Share your experience with using Koinly and 1010Data. For example, how are they different and which one is better?

Log in or Post with

Reviews and articles

External articles and on-site reviews we used to compare the two products.

Koinly no reviews yet
1010Data no reviews yet

We have no reviews of 1010Data yet. Be the first one to post

Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Koinly 306 mentions
1010Data 1 mention
  • 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... Source: almost 3 years 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.... - Source: Hacker News / almost 3 years 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: about 3 years ago

View more

  • Where to get this kind of graph?
    Everything costs money. If you buy a subscription to https://www.vandaresearch.com/ you'll get this. If you buy a subscription to 1010data.com you'll get good info. If you're getting your info from WSB you're betting on epsilon, not alpha. Source: about 4 years ago

Alternatives to Koinly and 1010Data

When comparing Koinly and 1010Data, you can also consider the following products.

Loading...