Software Alternatives & Startups

Koinly VS TestDisk

Compare Koinly VS TestDisk and see what are their differences

Koinly

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

Rating
0 reviews
Pricing
Freemium
TestDisk

TestDisk is a free and open source data recovery software tool designed to recover lost partition and unerase deleted files. DownloadDownload TestDisk & PhotoRec. TestDisk is a free and open .

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 more popular. It has been mentioned 306 times since March 2021.

social mentions
306 vs 0
Cryptocurrencies popularity
100% vs 0%
alternatives listed
204 vs 216

Base details

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

Koinly
TD
TestDisk
Website koinly.io cgsecurity.org
Pricing
Company Startup from the United Kingdom · 2018
Listed in

About Koinly and TestDisk

In their own words, as submitted to SaaSHub.

Koinly
TD
TestDisk

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 TestDisk yet.

Features and specs

What each product offers, as listed by its team.

Koinly 6 features
TD
TestDisk 5 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.
  • Open Source
    TestDisk is an open-source application, meaning it is free to use, modify, and distribute. This makes it accessible for a wide range of users without financial barriers.
  • Wide File System Support
    TestDisk supports a variety of file systems including FAT12, FAT16, FAT32, exFAT, NTFS, ext2, ext3, ext4, HFS+, and more, making it versatile for different recovery needs.
  • Cross-Platform
    The software is available on multiple operating systems including Windows, macOS, and Linux. This ensures that users can utilize TestDisk regardless of their OS.
  • Comprehensive Data Recovery
    TestDisk can recover lost partitions, make non-bootable disks bootable again, and fix partition tables. It provides extensive data recovery options for various situations.
  • Active Community Support
    Being an open-source project, TestDisk has a community of users and developers who contribute to its development and can offer support through forums and mailing lists.

Possible disadvantages

  • User Interface
    TestDisk features a command-line interface which may be daunting for less tech-savvy users. It lacks the user-friendly GUI that many commercial tools provide.
  • Learning Curve
    Due to its comprehensive features and command-line nature, there is a steep learning curve. Users may need to consult documentation extensively to use it effectively.
  • No Official Customer Support
    As an open-source project, TestDisk does not offer official customer support. Users are reliant on community support which may not always be as prompt or reliable.
  • Risk of Data Overwrite
    Improper use of TestDisk, especially for complex data recovery tasks, could potentially lead to data being overwritten, making recovery impossible.
  • Advanced Usage Complexity
    For advanced recovery tasks, the complexity can increase significantly, requiring a deep understanding of file systems and data recovery principles.

Analysis

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

Koinly
TD
TestDisk

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

  • Overall, TestDisk is considered a very good tool for data recovery, particularly valued for its powerful features, reliability, and ability to recover data even in complex situations. It is widely recommended by IT professionals and users who have experience with data recovery but may present a learning curve for new users.

Why this product is good

  • TestDisk is a highly regarded open-source data recovery tool used to recover lost partitions and fix non-booting disks. Its effectiveness comes from its ability to handle a wide variety of file systems and to work across different operating systems. Moreover, it’s a command-line tool which gives it a lot of flexibility and power for advanced users. However, its interface might be daunting for users who are not comfortable with command-line operations.

Recommended for

    TestDisk is recommended for IT professionals, tech enthusiasts, and users with a technical background who need a reliable tool to recover lost partitions or fix disk boot issues. It's also for users comfortable with command-line interfaces who appreciate having a powerful, versatile tool at their disposal.

Videos

Walkthroughs and reviews on video.

Koinly 3 videos + Add
TD
TestDisk 3 videos + Add

Ripple’s Shareholder SBI Invest in QIWI. Ripple Unleashes 1B XRP. Koinly to Add Support for XRP!

More videos

  • - Koinly Review - Paying Taxes on Crypto The Easy Way
  • - Koinly Review: The BEST for Crypto Taxes?

Product Review - TestDisk

More videos

  • - Data Recovery on a Formatted Drive with TestDisk by Britec
  • - Recover lost partition on Windows 8.1 with TestDisk

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
TD
TestDisk
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 TestDisk. 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
TD
TestDisk no reviews yet

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Social recommendations and mentions

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

Koinly 306 mentions
TD
TestDisk 0 mentions
  • 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

View more

Tracking TestDisk since Mar 2021.

Alternatives to Koinly and TestDisk

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