Software Alternatives & Startups

Koinly VS Solid Explorer

Compare Koinly VS Solid Explorer and see what are their differences

Koinly

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

Koinly Landing page
Rating
0 reviews
Pricing
Freemium
Solid Explorer

Solid Explorer is a powerful Android file manager featuring access to most popular cloud storages, root access and easy extensibility.

Solid Explorer Landing page
Rating
0 reviews
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.

Which is more popular?

Based on our record, Koinly seems to be a lot more popular than Solid Explorer. While we know about 306 links to Koinly, we've tracked only 1 mention of Solid Explorer.

social mentions
306 vs 1
Cryptocurrencies popularity
100% vs 0%
alternatives listed
204 vs 159

Base details

Website, pricing, platforms and company facts side by side.

Koinly
Solid Explorer
Website koinly.io neatbytes.com
Pricing
Company Startup from the United Kingdom · 2018
Listed in

About Koinly and Solid Explorer

In their own words, as submitted to SaaSHub.

Koinly
Solid Explorer

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...

Read more about Koinly

No description of Solid Explorer yet.

Features and specs

What each product offers, as listed by its team.

Koinly 6 features
Solid Explorer 6 features
  • 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

  • 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.
  • User Interface
    Solid Explorer has a clean and visually appealing user interface that supports both light and dark themes, making it pleasant to use.
  • Dual-pane mode
    The app supports a dual-pane mode, which allows you to manage files in two different locations simultaneously, enhancing productivity.
  • Cloud Storage Integration
    Solid Explorer supports a wide range of cloud storage services like Google Drive, Dropbox, OneDrive, and more, allowing for seamless file management across different platforms.
  • File Encryption
    The app includes features for encrypting and decrypting files, providing an extra layer of security for sensitive information.
  • Customization Options
    Solid Explorer offers extensive customization options, allowing users to change themes, icon sets, and layout to fit their preference.
  • Root Access
    It supports root access for rooted devices, enabling advanced file management tasks such as modifying system files.

Possible disadvantages

  • Payment Required
    Solid Explorer offers a 14-day trial period, after which a one-time payment is required to continue using the app, which might deter some users.
  • Occasional Bugs
    Some users have reported occasional bugs and crashes, which can disrupt the file management experience.
  • Storage Permissions
    The app requires extensive storage permissions, which some users might find concerning from a privacy standpoint.
  • Resource Intensive
    Solid Explorer can be resource-intensive, consuming more battery and memory compared to some of its competitors.
  • Limited Free Features
    While the app is feature-rich, the free version has limited functionalities, which could be a downside for users not willing to pay.

Analysis

An editorial look at what each product does well and who it suits.

Koinly
Solid Explorer

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

Overall verdict

  • Solid Explorer is generally considered a good file management app, appreciated for its comprehensive functionality and ease of use. It is well-regarded for providing solid performance and reliability.

Why this product is good

  • Solid Explorer is popular for its clean and intuitive user interface, robust file management features, and strong support for cloud storage integration. It offers dual-pane navigation, file encryption, and extensive customization options, making it versatile for various file management needs.

Recommended for

  • Users looking for a feature-rich file manager with cloud integration
  • Those who appreciate customizable interfaces
  • Users who need efficient file management on Android devices
  • Individuals looking for secure file encryption options

Videos

Walkthroughs and reviews on video.

Koinly 3 videos + Add
Solid Explorer 3 videos + Add

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?

Es File Explorer Vs Solid Explorer

More videos

  • Review - 8 Cool Things You Can do with Solid Explorer - Best ES File Explorer Alternative
  • Review - best paid android apps 2016 - Solid explorer file manager (Review, Pros, Cons, Does It Worth It)

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Koinly
Solid Explorer
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
100% 100%

User comments

Share your experience with using Koinly and Solid Explorer. For example, how are they different and which one is better?

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Koinly no reviews yet
Solid Explorer no reviews yet

Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Koinly 306 mentions
Solid Explorer 1 mention
  • 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... Source: almost 3 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.... - 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

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Alternatives to Koinly and Solid Explorer

When comparing Koinly and Solid Explorer, you can also consider the following products.