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Koinly VS WalletSync

Compare Koinly VS WalletSync 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
Alternatives Is it good?
WalletSync

WalletSync offers a secure and user-friendly wallet web app to manage your digital assets effortlessly. Enjoy seamless transactions, advanced security features, and an intuitive interface for an enhanced financial experience.

Rating
0 reviews
Pricing
Freemium Free trial $4.99 / Monthly
Alternatives Is it good?
SquadPrime
Free MVP cost calculator: describe your app in 5 clicks and get a realistic 2026 estimate for a freelancer build, a traditional agency and a fixed-price 14-day build by senior professionals, where the client owns the code. sponsored

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
206 vs 7

Base details

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

Koinly
WalletSync
Website koinly.io walletsync.app
Pricing
Freemium Official pricing
Freemium Free trial $4.99 / Monthly
Platforms —
Android iOS Web
Company Startup from the United Kingdom · 2018 Startup from India · 1 - 9 employees · 2025
Listed in
Finance Cryptocurrencies Taxes Crypto Tax Reports Crypto Cryptocurrencies Dashboard Bitcoin Cryptocurrency Investment +5
Finance Personal Finance Expense Management And Reporting Expense Management Expense Tracking Budgeting Mobile Apps +4

About Koinly and WalletSync

In their own words, as submitted to SaaSHub.

Koinly
WalletSync

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

Take full control of your finances with WalletSync, the all-in-one expense tracker, budget planner, and money manager. Designed for individuals and small businesses, WalletSync simplifies financial management with powerful features that help you track expenses, set budgets, and save money...

Read more about WalletSync

Features and specs

What each product offers, as listed by its team.

Koinly 6 features
WalletSync 8 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.
  • Expense & Income Tracking
    Log transactions manually or via linked accounts.
  • Multi-Account Support
    Manage multiple bank accounts, wallets, and cash.
  • Categorization & Labels
    Assign categories (Food, Transport, Bills) and custom labels
  • Budgeting Tools
    Set monthly or custom budgets with alerts for overspending.
  • Bill & Subscription Tracking
    Auto-track and get reminders for recurring expenses.
  • Predictive Alerts
    Get smart alerts to avoid overspending and stay within budget.
  • Financial Tips & Insights
    Access helpful tips and personalized insights to improve money management.
  • Secure & Private
    Your financial data is encrypted and securely stored for your peace of mind.

Analysis

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

Koinly
WalletSync

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

  • I don't have verified, up-to-date information about WalletSync (walletsync.app), so I can't confirm whether it's good, safe, or reliable. Before using it, especially since it may relate to financial or crypto wallet functions, verify the company's legitimacy, security practices, reviews, and regulatory compliance independently.

Why this product is good

  • No verified data available on this product's features, security, or track record
  • Financial/wallet-related tools carry high risk if unverified, making due diligence essential
  • Cannot confirm company legitimacy, ownership, or user reviews from current knowledge
  • Domain name alone does not establish trustworthiness or functionality

Recommended for

  • Users who first independently verify the company's legitimacy and security audits
  • Individuals comfortable conducting their own risk assessment before granting wallet access
  • Not recommended for anyone unable to confirm the service's regulatory status or reputation

Videos

Walkthroughs and reviews on video.

Koinly 3 videos + Add
WalletSync 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?

Walletsync site honest review: Scam or Legit

More videos

  • - WALLETSYNC REVIEW : SCAM OR LEGIT?
  • - Walletsync my humble and honest review 😎

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
WalletSync
100% 100%
Cryptocurrencies
0% 0%
98% 98%
Finance
2% 2%
100% 100%
Crypto
0% 0%
0% 0%
Expense Tracking
100% 100%

Questions & Answers

As answered by people managing Koinly and WalletSync .

What makes your product unique?

WalletSync 's answer:

Smart budgeting, real-time alerts, category goals, offline tracking, and a fully customizable dashboard—all with top-tier privacy and cross-device sync.

Why should a person choose your product over its competitors?

WalletSync 's answer:

WalletSync offers a smarter, more personalized finance experience. With real-time alerts, flexible budgeting, offline tracking, category-based goals, and a fully customizable dashboard, it adapts to your lifestyle—not the other way around. Plus, it ensures top-level privacy and works seamlessly across all your devices.

How would you describe the primary audience of your product?

WalletSync 's answer:

Primary Audience for WalletSync:
WalletSync is designed for individuals who want to take control of their personal finances without the complexity. This includes:

  • Young professionals managing salaries, bills, and savings.
  • Students tracking daily expenses and budgeting on a limited income.
  • Families organizing household finances and planning monthly budgets.
  • Freelancers & small business owners monitoring irregular income and expenses.
  • Anyone seeking better financial habits, from saving for a goal to breaking overspending patterns.

They value simplicity, clarity, and smart tools that make financial management effortless.

What's the story behind your product?

WalletSync 's answer:

WalletSync was born out of a simple frustration: managing personal finances felt overly complicated. Spreadsheets were tedious, and most finance apps were either too basic or cluttered with features people didn’t need.

So, we set out to build something different—a clean, smart, and intuitive app that helps real people take control of their money without stress. We wanted users to track expenses, set budgets, and reach goals effortlessly, all while maintaining privacy and simplicity.

WalletSync was built with the belief that financial freedom starts with awareness. Whether you're budgeting weekly, saving monthly, or just trying to stop overspending, WalletSync gives you the tools to sync with your financial life—anytime, anywhere.

It's not just an app it's your personal finance companion.

Who are some of the biggest customers of your product?

WalletSync 's answer:

  • Young professionals managing salaries, rent, and subscriptions.
  • Students tracking limited budgets and daily expenses.
  • Freelancers monitoring variable income and business expenses.
  • Couples managing shared finances and saving for future goals.
  • Families budgeting household expenses and planning for education or travel.
  • Roommates splitting bills and shared living expenses.
  • Small business owners handling basic income and expense tracking.
  • Travelers tracking trip expenses and group spending.
  • Early savers building better financial habits through goal tracking.
  • Budget-conscious individuals seeking a simple, stress-free way to manage money.

Which are the primary technologies used for building your product?

WalletSync 's answer:

Primary Technologies Used in Building WalletSync

WalletSync is built using a modern, scalable, and cross-platform tech stack to ensure smooth performance and a seamless user experience:

📱 Frontend (Mobile & Web)

  • Native Android (Kotlin) – For building a smooth, native experience tailored for Android users.
  • Native iOS (Swift) – For a responsive and optimized native iOS experience.
  • React.js – For a responsive and dynamic web dashboard.
  • Tailwind CSS / Material Design – For clean and user-friendly UI/UX design.

🧠 Backend

  • Node.js / Express – For scalable API development and handling real-time data processing.
  • Firebase / AWS Amplify – For user authentication, real-time sync, and push notifications.

💾 Database & Storage

  • Firestore / MongoDB – For fast, cloud-based data storage and retrieval.
  • Room / SQLite – For local offline data management.

🔐 Security & Encryption

  • AES 256-bit encryption – To ensure user data is protected and private.
  • OAuth 2.0 / Firebase Auth – For secure user login via Google, Apple ID, etc.

☁️ Cloud & Sync

  • Firebase Cloud Functions / AWS Lambda – For background jobs like notifications, budget rollover, and syncing data.
  • Cloud Firestore / Realm Sync – For real-time cross-device data syncing.

WalletSync is built to be fast, secure, and reliable—so users can focus on their finances without worrying about performance or privacy.

User comments

Share your experience with using Koinly and WalletSync . 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
WalletSync no reviews yet

We have no reviews of WalletSync yet. Be the first one to post

Social recommendations and mentions

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

Koinly 306 mentions
WalletSync 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: over 3 years ago

View more

Tracking WalletSync since Apr 2025.

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