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Koinly VS Boostnote

Compare Koinly VS Boostnote and see what are their differences

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Contents:
  1. ยป Base Details
  2. ยป Videos
  3. ยป Reviews
  4. ยป Alternatives

Koinly logo Koinly

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

Boostnote logo Boostnote

Boostnote is an open-source note-takingโ€‹ app.
  • 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.

  • Boostnote Landing page
    Landing page //
    2023-02-02

Koinly features and specs

  • 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 of Koinly

  • 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.

Boostnote features and specs

  • Open Source
    Boostnote is an open-source application, allowing users and developers to review the code, contribute to its development, and ensure transparency.
  • Cross-Platform
    The application is available on multiple platforms, including Windows, macOS, and Linux, ensuring that users can access their notes from any device.
  • Markdown Support
    Boostnote supports Markdown, enabling users to format their notes with ease and create well-structured documents.
  • Offline Access
    Users can access and edit their notes even without an internet connection, making Boostnote a reliable tool for note-taking anywhere.
  • Developer-Friendly Features
    Boostnote includes several features aimed at developers, such as code syntax highlighting and snippets, making it a good choice for coding notes.

Possible disadvantages of Boostnote

  • Limited Collaboration
    Boostnote lacks robust collaboration features, which can be a drawback for teams looking to work together on shared notes in real-time.
  • Mobile App Limitations
    The mobile apps of Boostnote are not as feature-rich or polished as the desktop versions, which may limit usability on smartphones and tablets.
  • Complex Setup for Syncing
    Setting up syncing across devices requires the use of external services like Dropbox or Google Drive, which can be cumbersome for some users.
  • No Built-in Cloud Storage
    Unlike some other note-taking apps, Boostnote does not come with built-in cloud storage, requiring users to manage their own storage solutions for syncing notes.
  • Potential Performance Issues
    Some users have reported performance issues, particularly with larger notes or extensive use of code snippets, which can impact the user experience.

Analysis of Koinly

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

Analysis of Boostnote

Overall verdict

  • Boostnote is a good choice for developers who need a robust note-taking tool that caters specifically to their coding and technical documentation needs. Its open-source nature also allows for customization according to individual user preferences.

Why this product is good

  • Boostnote is a popular open-source note-taking application aimed at developers and programmers. It supports a variety of programming languages for syntax highlighting, Markdown support for structuring notes, and offline access, which are beneficial for users who need to manage code snippets or technical documents efficiently. Its cross-platform nature makes it accessible on different devices, although it might not have the collaborative features found in other note-taking apps like Evernote or Notion.

Recommended for

    Boostnote is recommended for developers, programmers, and technical writers who require a focused tool for managing code snippets, technical notes, and markdown documents. Itโ€™s especially valuable for those who prioritize offline access and open-source customization options.

Koinly videos

+ Add

Rippleโ€™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?

Boostnote videos

+ Add

Best Note Taking Software - Boostnote (Free)

Category Popularity

0-100% (relative to Koinly and Boostnote)

Koinly

Boostnote

Cryptocurrencies
100 100%
Cryptocurrencies
0% 0
Note Taking
0 0%
Note Taking
100% 100
Crypto
100 100%
Crypto
0% 0
Productivity
0 0%
Productivity
100% 100

User comments

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Reviews

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

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 Koinlyโ€™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.
Source: rigorousthemes.com

Boostnote Reviews

8 Best Free Google Keep Notes Alternatives for Easy Note-Taking
Boostnote is a note-taking app designed specifically for coders. It supports rich text and markdown language, making it ideal for writing code snippets. Boostnote offers real-time cloud sync and support for over 100 programming languages. It works on all major desktop platforms and is free to use.
Source: tabletmonkeys.com
The 7 Best Note-Taking Apps for Programmers and Coders
The best part about Boostnote is that itโ€™s free and open source, itโ€™s cross-platform, and your notes will sync across all platforms you use Boostnote on.
Source: www.makeuseof.com

Social recommendations and mentions

Based on our record, Koinly seems to be a lot more popular than Boostnote. While we know about 306 links to Koinly, we've tracked only 6 mentions of Boostnote. 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.

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: over 2 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. 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 / over 2 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
  • I made around 90K profit from a meme coin (crypto)recently and Iโ€™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: about 3 years 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: over 3 years ago
View more

Boostnote mentions (6)

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What are some alternatives?

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

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

Joplin - Joplin is a free, open source note taking and to-do application, which can handle a large number of notes organised into notebooks. The notes are searchable, tagged and modified either from the applications directly or from your own text editor.

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

Standard Notes - A safe place for your notes, thoughts, and life's work

Coinpanda - Calculate & file tax reports for Bitcoin and cryptocurrencies. Made for traders and investors.

Evernote - Bring your life's work together in one digital workspace. Evernote is the place to collect inspirational ideas, write meaningful words, and move your important projects forward.

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