Koinly VS CryptoCompare

Koinly Reviews

CryptoCompare Reviews

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: about 1 year ago

CryptoCompare mentions (11)

• I chose IOTEX.

  Oh but on twitter and cryptocompare.com I assure you we warned them LUNA boys but they never listened. Just like the HEX boys will get rugged by Richard Heart soon, they dont listen. Source: almost 2 years ago

• World first BiiP implementation - Intro - Part 9

  Currently, on the 2 main indexing and tracking websites for blockchain projects (coinmarketcap.com and cryptocompare.com) there are over 19 thousand projects listed. Source: almost 2 years ago

• How much would it cost to build or purchase a rig that makes about $10/day?

  On a budget, I a would maybe recommend a 3 rtx 3060ti gpu rig to start. That is the first rig I have every built. Some great sources to use is youtube guides on building a rtx 3060 ti rig and cryptocompare.com's hash rate calculator. Basically if you were to use hiveos and mine Eth, you would need around 183MH/s. The rig before Gpu's I built came to about $1,200. I paid about $2,500 to $3,000 on two LHR cards and... Source: about 2 years ago

• Bitcoin Deposit

  Also, please note that Yield nodes uses cryptocompare.com for their rates. I found out after sending what I thought was enough to fund my nodes but it turned out to be less. Source: about 2 years ago

• New and interested

  Curently, the prices of miners and gpus are skyrocketing, but it is still highly profitable to be doing this. Try cryptocompare.com 's mining calculator on exact values. Source: over 2 years ago