Software Alternatives, Accelerators & Startups

Koinly VS The NFT Bay

Compare Koinly VS The NFT Bay and see what are their differences

Koinly logo Koinly

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

The NFT Bay logo The NFT Bay

Did you know that an NFT is just a hyperlink to an image that is usually hosted on GoogleDrive or another Web2.0 hosting service?
  • 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.

  • The NFT Bay Landing page
    Landing page //
    2022-02-22

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?

The NFT Bay videos

Platform Pembajakan NFT?! | THE NFT BAY

Category Popularity

0-100% (relative to Koinly and The NFT Bay)
Cryptocurrencies
100 100%
0% 0
Crypto
91 91%
9% 9
Art
0 0%
100% 100
Finance
100 100%
0% 0

User comments

Share your experience with using Koinly and The NFT Bay. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare Koinly and The NFT Bay

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.

The NFT Bay Reviews

We have no reviews of The NFT Bay yet.
Be the first one to post

Social recommendations and mentions

Based on our record, Koinly seems to be a lot more popular than The NFT Bay. While we know about 306 links to Koinly, we've tracked only 22 mentions of The NFT Bay. 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: 6 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 / 7 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: 11 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: about 1 year 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
View more

The NFT Bay mentions (22)

  • rule
    Good security advice but it just links to https://thenftbay.org/ a knockoff of the pirate bay where you can download a torrent off all nfts that exist. Source: about 2 years ago
  • Attitudes towards NFTs
    Yes, it´s art. The art of money laundering and the art of scamming. The only thing you own and the only thing unique about a NFT is a specific link to a jpeg. You have no digital ownership besides that. You can download over 10 terabytes of NFTs at https://thenftbay.org. Just to show how worthless current NFTs are. Source: about 2 years ago
  • There should be a website database of all NFTs to show how dumb of a concept they are
    I have good news for you: https://thenftbay.org/. Source: over 2 years ago
  • Extremely Fungible Tokens: The Anti-NFT Movement
    Oh, and since they're just links that anyone can read off the block chain, it wasn't that hard for people to scrape the links and put them on a torrent. Why right click just a few NFTs, when you can right click them all? Source: over 2 years ago
  • Please serios help how do I get into NFTs?
    I've been saving all of my NFTs from thenftbay.org but someone told me that that's not how it works. How do I really get into NFTs? Source: over 2 years ago
View more

What are some alternatives?

When comparing Koinly and The NFT Bay, you can also consider the following products

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

OpenSea - Ebay for cryptogoods. Buy and sell items on the blockchain.

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

NFTPort - Turn anything into an NFT with a single API call

CryptoTrader.Tax - Tax software for cryptocurrency

SHOWTIME - Get instant live and on-demand access to SHOWTIME shows.