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Koinly VS Sortd

Compare Koinly VS Sortd and see what are their differences

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Contents:
  1. ยป Base Details
  2. ยป Videos
  3. ยป Reviews
  4. ยป Alternatives

Koinly logo Koinly

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

Sortd logo Sortd

Rated the #1 App for Gmail
  • 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.

  • Sortd Landing page
    Landing page //
    2023-06-27

One intuitive workspace to manage your Emails, To-do's, Projects, Sales, Client Service, CRM and Teamwork ... right in GMAIL!

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.

Sortd features and specs

  • Seamless Gmail Integration
    Sortd integrates directly with Gmail, transforming your inbox into an organized workspace for tasks, emails, and projects without the need to switch platforms.
  • Visual Task Management
    The tool uses a visually intuitive system that allows users to organize emails and tasks into columns and lists, offering a clear, easy-to-manage overview.
  • Collaborative Features
    Sortd facilitates team collaboration by allowing users to share boards, delegate tasks, and comment directly within the interface.
  • Customizable Boards
    Users can create custom boards and lists tailored to their workflow, providing flexibility in task and project management.
  • Drag-and-Drop Interface
    The drag-and-drop functionality makes it easy to move tasks and emails between lists and columns, streamlining organization.
  • Integrated Notes and Reminders
    Users can add notes and set reminders directly within Sortd, helping to keep relevant information and deadlines in view.
  • Task Prioritization
    Sortd allows users to prioritize tasks, ensuring that high-priority activities stand out and are addressed promptly.

Possible disadvantages of Sortd

  • Limited Free Plan
    The free version of Sortd has limited features and board quotas, which may be insufficient for users needing more comprehensive functionality.
  • Learning Curve
    Although Sortd is designed to be user-friendly, new users may require time to fully adapt to its interface and functionalities.
  • Gmail Dependency
    The service is primarily built for Gmail users, which means it's not suitable for those using other email providers or platforms.
  • Performance Issues
    Some users have reported occasional performance issues, such as lagging and slow load times, particularly with large volumes of emails and tasks.
  • Mobile App Limitations
    The mobile version of Sortd is not as feature-rich as its desktop counterpart, which can be a drawback for users who rely heavily on mobile management.
  • Cost for Premium Features
    Access to premium features and functionalities requires a subscription, which might be a barrier for individuals or small teams with limited budgets.
  • Privacy Concerns
    As with any third-party email integration tool, there are inherent privacy concerns related to granting access to your email account.

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 Sortd

Overall verdict

  • Sortd is generally considered a good tool for individuals and small to medium-sized teams seeking to improve email management and workflow organization within Gmail. Its intuitive interface and practical features often receive praise from users, though its utility largely depends on individual workflow needs and preferences.

Why this product is good

  • Sortd is designed to enhance productivity by transforming your email and tasks into organized, manageable lists. Integrated directly with Gmail, it allows users to prioritize emails, track important tasks, and collaborate seamlessly without leaving their inbox. Its visual format helps users manage workflows more effectively, making it a useful tool for individuals and teams looking to optimize their email and task management processes.

Recommended for

  • Professionals who rely heavily on email communication and need a structured way to organize their inbox.
  • Teams looking to streamline their task management processes by integrating it directly with email.
  • Users who prefer a visual, list-based approach to managing tasks and emails.

Koinly videos

+ Add

Rippleโ€™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?

Sortd videos

+ Add

Sortd - Organize Gmail Into Organized Task Lists

More videos:

  • Review - Sortd
  • Demo - Sortd for Email & Teamwork

Category Popularity

0-100% (relative to Koinly and Sortd)

Koinly

Sortd

Cryptocurrencies
100 100%
Cryptocurrencies
0% 0
Productivity
0 0%
Productivity
100% 100
Crypto
100 100%
Crypto
0% 0
Email
0 0%
Email
100% 100

User comments

Share your experience with using Koinly and Sortd. 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 Sortd

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 Koinlyโ€™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.
Source: rigorousthemes.com

Sortd Reviews

The 24 Best Email Marketing Tools
Sortd is a Gmail tool thatโ€™s โ€œthe perfect place for those emails you arenโ€™t sure what to do with.โ€ Sortd brings email and task management together โ€“ if you canโ€™t respond to an email right away, simply drag it to your To Do list and get to it later.
Source: webbiquity.com

Social recommendations and mentions

Based on our record, Koinly seems to be more popular. It has been mentiond 306 times since March 2021. 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 / over 2 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 Iโ€™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: about 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

Sortd mentions (0)

We have not tracked any mentions of Sortd yet. Tracking of Sortd recommendations started around Mar 2021.

What are some alternatives?

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

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

Trello - Infinitely flexible. Incredibly easy to use. Great mobile apps. It's free. Trello keeps track of everything, from the big picture to the minute details.

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

Drag for Gmail - Transform Gmail into organized To Do lists (like Trello)

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

HEY - Email at its best, new from Basecamp.

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