Software Alternatives, Accelerators & Startups

Koinly VS Humanloop

Compare Koinly VS Humanloop and see what are their differences

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.

Koinly logo Koinly

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

Humanloop logo Humanloop

Train state-of-the-art language AI in the browser
  • 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.

  • Humanloop Landing page
    Landing page //
    2023-08-23

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.

Humanloop features and specs

  • Ease of Use
    Humanloop is designed to be user-friendly, making it easier for users with varying levels of technical expertise to create and manage machine learning models.
  • Interactivity
    The platform provides an interactive environment where users can iteratively improve their models by integrating human feedback, leading to better performance.
  • Time Savings
    By facilitating faster model iteration and immediate feedback, Humanloop helps save significant time in the machine learning development cycle.
  • Integration Capabilities
    Humanloop offers robust integration options with various tools and platforms, helping users streamline their workflows.
  • Improved Model Accuracy
    The platform allows for continuous model improvement through active learning and human-in-the-loop approaches, enhancing model accuracy over time.

Possible disadvantages of Humanloop

  • Cost
    Depending on the subscription or usage level, Humanloop may become expensive, particularly for small teams or individual developers.
  • Learning Curve
    Despite its user-friendly design, there can still be a learning curve for users new to machine learning or human-in-the-loop systems.
  • Dependence on Human Feedback
    The effectiveness of Humanloop relies heavily on the quality and consistency of human feedback, which can introduce variability and potential biases.
  • Data Privacy Concerns
    Handling and sharing data with a third-party platform may raise privacy and compliance concerns, particularly for sensitive information.
  • Limited Offline Functionality
    Humanloop's cloud-based nature means that its functionalities are limited or inaccessible without an internet connection.

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 Humanloop

Overall verdict

  • Humanloop is considered a strong choice for organizations seeking to enhance their AI model development process through interactive learning and feedback integration. Its user-friendly interface and powerful features make it a valuable tool in the AI development landscape.

Why this product is good

  • Humanloop, an AI and machine learning platform, is highly regarded for its ability to effectively integrate human feedback into AI systems. It's particularly praised for enhancing model accuracy and improving user experience by allowing for seamless annotation and model training. The platform offers tools that facilitate collaboration between developers and non-technical domain experts, making it easier to refine AI models effectively.

Recommended for

  • AI developers looking to improve model performance through human feedback.
  • Teams seeking a collaborative environment to refine AI processes.
  • Companies that need an accessible tool for both technical and non-technical staff.

Koinly videos

Ripple’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?

Humanloop videos

Train and deploy NLP — Humanloop

More videos:

  • Review - The Great AI Implementation with Raza Habib of Humanloop

Category Popularity

0-100% (relative to Koinly and Humanloop)
Cryptocurrencies
100 100%
0% 0
AI
0 0%
100% 100
Crypto
100 100%
0% 0
Developer Tools
0 0%
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 Humanloop

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 Koinly’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.

Humanloop Reviews

We have no reviews of Humanloop yet.
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Social recommendations and mentions

Based on our record, Koinly seems to be a lot more popular than Humanloop. While we know about 306 links to Koinly, we've tracked only 5 mentions of Humanloop. 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 / 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
  • 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: over 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

Humanloop mentions (5)

  • Ask HN: Who is hiring? (December 2024)
    Humanloop | London and San Francisco | Full time in person | https://humanloop.com Humanloop is building infrastructure for AI application development. We're the LLM Evals Platform for Enterprises. Duolingo, Gusto, and Vanta use Humanloop to evaluate, monitor, and improve their AI systems. ROLES:. - Source: Hacker News / almost 2 years ago
  • Show HN: PromptDoggy – Prompt Management for Product and Engineering Teams
    - https://humanloop.com/) for teaching me the philosophy of implementing a copilot textarea. I wish I could have used the project directly, but integrating just one React component into Rails while keeping importmap and StimulusJS was quite challenging. Given the limited time, I decided to move on with StimulusJS. This is our first time building an open-source project to share with the world, and we’re a bit... - Source: Hacker News / about 2 years ago
  • How are generative AI companies monitoring their systems in production?
    - Conversational simulation is an emerging idea building on top of model-graded eval” - AI Startup Founder Things to consider when comparing options: “Types of metrics supported (only NLP metrics, model-graded evals, or both), level of customizability; supports component eval (i.e. Single prompts) or pipeline evals (i.e. Testing the entire pipeline, all the way from retrieval to post-processing)” “+method of... - Source: Hacker News / almost 3 years ago
  • Ask HN: Who is hiring? (March 2023)
    Humanloop (YC S20) | London (or remote) | https://humanloop.com We're looking for exceptional engineers that can work at varying levels of the stack (frontend, backend, infra), who are customer obsessed and thoughtful about product (we think you have to be -- our customers are "living in the future" and we're building what's needed). Our stack is primarily Typescript, Python, GPT-3. Please apply at... - Source: Hacker News / over 3 years ago
  • Compiling a list of tools for building LLM apps
    https://humanloop.com/ Find the prompts users love and fine-tune custom models for higher performance at lower cost. - Source: Hacker News / over 3 years ago

What are some alternatives?

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

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

Langfuse - Langfuse is an open-source LLM engineering platform that helps teams collaboratively debug, analyze, and iterate on their LLM applications.

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

LangSmith - Build and deploy LLM applications with confidence

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

Hugging Face - The AI community building the future. The platform where the machine learning community collaborates on models, datasets, and applications.