Raiz VS Koinly

Raiz Reviews

Koinly Reviews

Raiz mentions (5)

• People who are 40+, what is your advice to people in their 20s?

  Download an app like raiz. I know it has a US version as I use to use it but cant remember the name. Basically it rounds every transaction you make up to the $1. It puts those few cents into an investment portfolio. Also add $10 or $20 a week if u can. This is child like investment but what it does is force you to put money aside that otherwise you would spend on beer and steam games. Use it as long or short term... Source: over 1 year ago

• Where should an absolute beginner go to start investing?

  Hey mate! Take a look at Raiz (find link in comment) They have some free courses on their site, really insightful stuff! Raiz Website. Source: over 2 years ago

• Couldnt find the Raiz Australia apps to install

  You can follow the app link on https://raizinvest.com.au to take you to the play store. It’s weird it’s not coming up in search. Source: over 2 years ago

• Complete noob to investing pls help

  You could also look at something like Raiz. Source: over 2 years ago

• Can "Putting all the money in a superannuation and forget it" be a good strategy for a financially illiterate person?

  A simple way is to look at https://raizinvest.com.au/ or an even better option would be to option sign up to selfwealth.com.au broking platform and invest in VDHG https://www.vanguard.com.au/personal/products/en/detail/8221/Overview. Source: about 3 years ago

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: 5 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 / 6 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: 10 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: 12 months 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