Software Alternatives, Accelerators & Startups

Koinly VS Toggl

Compare Koinly VS Toggl and see what are their differences

Koinly logo Koinly

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

Toggl logo Toggl

Toggl is an online time tracking tool. It features 1-click time tracking and helps you see where your time goes. Free and paid versions are available.
  • 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.

  • Toggl Landing page
    Landing page //
    2023-10-05

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?

Toggl videos

Toggl Review: Time Tracker

More videos:

  • Tutorial - Time Tracking: How To Use Toggl Track (2021 Tutorial)
  • Review - TIME TRACKING: Why You Need to Use Toggl

Category Popularity

0-100% (relative to Koinly and Toggl)
Cryptocurrencies
100 100%
0% 0
Time Tracking
0 0%
100% 100
Crypto
100 100%
0% 0
Invoicing
0 0%
100% 100

User comments

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Reviews

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

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.

Toggl Reviews

Toggl Track vs Clockk: 2023 comparison
Toggl Track and Clockk are both popular time tracking apps used by freelancers and businesses to keep track of time spent on projects. Toggl and Clockk both have a browser extension available. Read on to...
Source: clockk.com
21 Time Tracking Tools To Manage Your Workday
Thanks to web, desktop, and mobile applications which all sync in real time, Toggl takes the hassle out of time management. Their calendar integration improves the scheduling aspect of managing a team, and starting a timer takes only a single click. Toggl also offers the option to enable notifications which remind users to start tracking (or to stop tracking when the program...
Source: hive.com
The 5 best time tracking apps of 2022
Toggl Track has some of the most detailed options I've seen in a time tracking app. For example, in the Toggl Track Chrome extension, you can automatically start and stop tracking time based on whether the browser is open or not. It also has excellent idle detection, which helps you maintain high accuracy across your records. When the app detects your computer has been idle...
Source: zapier.com
10 Best Free Employee Timesheet Apps in 2020
Toggl provides online timesheet software. It follows manual as well as the automatic type of tracking. Toggl time tracking software will provide you the time breakdown for projects, tasks, and clients. It can be used as a desktop app, mobile app, or as a chrome extension.
10 Best Time Tracking Software and Time Management Tools
I really enjoy using Toggle. It’s intuitive, easy to use and the free plan is quite generous.

Social recommendations and mentions

Based on our record, Koinly should be more popular than Toggl. 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: 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
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Toggl mentions (78)

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What are some alternatives?

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

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

Harvest - Simple time tracking, fast online invoicing, and powerful reporting software. Simplify employee timesheets and billing. Get started for free.

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

RescueTime - Time management software that shows you how you spend your time & provides tools to help you be more productive.

CryptoTrader.Tax - Tax software for cryptocurrency

Time Doctor - Time Tracking and Time Management Software that is accurate and helps you to get a lot more done each day.