Koinly VS Exodus.io

Koinly Reviews

Exodus.io 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 / 6 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: 12 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

Exodus.io mentions (47)

• Why did you remove the Rewards tab?

  Staking is no longer accessible to Exodus customers if you're in the UK due to our commitment to comply with relevant regulatory requirements. However, you can still unstake your assets whenever you choose. If you're located outside the UK and experiencing issues with staking, please write to our 24/7 support team at support[@]exodus.com and we'll get to the bottom of it promptly. Source: 5 months ago

• BSC currently unavailable on exodus

  As you might know, our BSC infrastructure is temporarily out of sync. Due to this, recent BSC incoming transactions might not reflect immediately in your Wallet, and balances may also be incorrect. Your funds are completely safe, though. Please contact support[@]exodus.com if you're having issues with any other functionality, like withdrawing; we'll guide you through a resolution. Source: 5 months ago

• Why are banks afraid of Crypto? Can someone explain it like talking to a 5 years old?

  Exodus wallet exodus.com does not require any ID and does not care what country you are from. If you do not have a hardware wallet you can stake your SOL on exodus wallet and earn 7 percent interest. Source: 5 months ago

• Why can’t I convert all my currency

  Hello there 👋 Thank you for bringing this to our attention. We're here to help! Please write to our 24-hour support team at support[@]exodus.com; we'll swiftly work to identify what could be happening and offer a solution. Source: 5 months ago

• Exodus backdoor?

  I hope this helps ease some of your concerns. You can also use a hardware wallet to beef up your security; we recommend using one when storing significant value. If you have any specific concerns or need assistance, our support team is always here to help at support[@]exodus.com. Source: 5 months ago