Software Alternatives & Reviews

Koinly VS Ledger Nano S

Compare Koinly VS Ledger Nano S and see what are their differences

Koinly logo Koinly

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

Ledger Nano S logo Ledger Nano S

A secure Bitcoin and Ethereum hardware wallet
  • 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.

  • Ledger Nano S Landing page
    Landing page //
    2023-08-06

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?

Ledger Nano S videos

Ledger Nano S Review 2018 and why we can't recommend it

More videos:

  • Review - Ledger Nano S Unboxing & Review | The Cheapest & BEST Bitcoin Hardware Wallet On The Market?

Category Popularity

0-100% (relative to Koinly and Ledger Nano S)
Cryptocurrencies
82 82%
18% 18
Crypto
78 78%
22% 22
Finance
100 100%
0% 0
Cryptocurrency Wallets
0 0%
100% 100

User comments

Share your experience with using Koinly and Ledger Nano S. For example, how are they different and which one is better?
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Reviews

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

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.

Ledger Nano S Reviews

Top 5 Best Ethereum Wallet [2021] With Highlights & Additional Features
All the cryptocurrencies store in the wallet offline, so there’s no risk of hacking. If you’re not a programmer or a tech-savvy person, using a hardware wallet would be the best to ensure the security of your cryptocurrency. The OS of Ledger Nano S is BOLOS, which its developers integrate into a secure chip.
Source: www.upgrad.com
9 of the Best Ethereum Wallets [The Ultimate List]
Ledger Nano S is a widely-used hardware wallet developed by the French company Ledger. A hardware wallet is a type of cryptocurrency wallet where you can store your private keys in a secure physical device. At the heart of Ledger’s innovation lies a distinct operating system called BOLOS, which they integrate to a secure chip for their wallets.
Source: blockgeeks.com

Social recommendations and mentions

Based on our record, Koinly seems to be a lot more popular than Ledger Nano S. While we know about 306 links to Koinly, we've tracked only 7 mentions of Ledger Nano S. 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: 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
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Ledger Nano S mentions (7)

  • Swapin's Solution Explained: How Does It Work?
    We understand the importance of privacy and control over your crypto assets. That’s why Swapin seamlessly integrates with leading Web3 wallets, including Metamask, Ledger, Trust Wallet, Argent, Crypto.com, Exodus, and Rainbow. By establishing a secure encrypted connection between the Swapin App and your Web3 wallet, we ensure the privacy and security of your transactions. With Wallet Connect, you can confirm... Source: 10 months ago
  • Regarding Stax NFT Bundle
    Once December 19th arrives, you can go to the Ledger Shop (shop.ledger.com) and order a Ledger Stax by connecting your wallet so that the shop website can see that you own the "Ledger Stax NFT". This will skip the normal payment process (because they'll know you've already paid, simply by having the NFT in your wallet). Source: over 1 year ago
  • Black Friday Deal: 10% off site wide
    Your enthusiasm towards our Black Friday deals have been immense. Our $30 and $20 of BTC vouchers are officially out of stock. To keep our Black Friday deals going, use code BLACKFRIDAY10 at shop.ledger.com at checkout for any item site-wide. Source: over 1 year ago
  • Is it possible to steal/save new 24 w seed phrase while typing it on ledger nano s/s+
    If you are still concerned, then you can order directly from our official store - https://shop.ledger.com/. Additionally, here are our official resellers - https://www.ledger.com/reseller. Source: almost 2 years ago
  • Así aprendi Solidity
    Educational videos on DeFi (Decentralized Finance). Website (extra tutorials) ► http://finematics.com Patreon ► https://www.patreon.com/finematics Follow me on Twitter ►https://twitter.com/finematics Business Inquiries ► https://finematics.com/contact Consultations ► https://finematics.com/consultation/ Donations: Ethereum & ERC20 ► 0x6aFbb9d6438E02fC9d2bf1154c050e35AA8933a7 Bitcoin ►... - Source: dev.to / almost 2 years ago
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What are some alternatives?

When comparing Koinly and Ledger Nano S, you can also consider the following products

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

MetaMask.io - A crypto wallet & gateway to blockchain apps

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

Coinbase - Bitcoin, safe and easy.

CryptoTrader.Tax - Tax software for cryptocurrency

Trezor.io - The Hardware Bitcoin Wallet