Software Alternatives & Startups

Shift VS Koinly

Compare Shift VS Koinly and see what are their differences

Shift

Your power browser. One window for everything you do on the internet. The first browser to integrate your web apps into one seamless experience.

Shift Landing page
Rating
5.0 · 1 review
Pricing
Freemium
Koinly

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

Koinly Landing page
Rating
0 reviews
Pricing
Freemium
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 a lot more popular than Shift. While we know about 306 links to Koinly, we've tracked only 20 mentions of Shift.

social mentions
20 vs 306
Productivity popularity
100% vs 0%
alternatives listed
240+ vs 204

Base details

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

Shift
Koinly
Website shift.com koinly.io
Pricing
Platforms
Windows Mac OSX Linux
Company Startup from the United Kingdom · 2018
Listed in

About Shift and Koinly

In their own words, as submitted to SaaSHub.

Shift
Koinly

Tired of logging in and out of multiple accounts? Shift users enjoy single-click access to over 1000+ of the Webs most popular applications, extensions, mail accounts, and cloud services. Shift is the productivity hack that changes everything for entrepreneurs, CEO's and teams. Manage all of your...

Read more about Shift

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

Features and specs

What each product offers, as listed by its team.

Shift 5 features
Koinly 6 features
  • Centralized App Management
    Shift allows users to manage multiple email accounts and apps from a single platform, reducing the need to switch between tabs and windows.
  • Unified Interface
    The application provides a unified and organized interface that helps users keep their workspace tidy and efficient.
  • Custom Integrations
    Shift supports various third-party integrations, such as Google Drive, Slack, and Trello, enhancing productivity by consolidating tools in one place.
  • Cross-Platform Availability
    Shift is available on multiple operating systems, including Windows, macOS, and Linux, making it accessible for a broad range of users.
  • Robust Notification System
    The application provides customizable notifications, ensuring users are alerted to important emails and updates without being overwhelmed.

Possible disadvantages

  • Subscription Cost
    Shift requires a subscription for premium features, which might be a downside for users looking for a fully free solution.
  • Resource Intensive
    The application can be quite resource-intensive, potentially slowing down older or less powerful computers.
  • Occasional Sync Issues
    Some users have reported occasional synchronization issues with connected apps and accounts, which can be disruptive for workflow.
  • Limited Customization Options
    While Shift offers a unified interface, it lacks extensive customization options for users who prefer a more personalized workspace.
  • Learning Curve
    New users might face a learning curve when getting accustomed to all the features and integrations that Shift offers.
  • 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.

Analysis

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

Shift
Koinly

Overall verdict

  • Shift is a good option for those looking to buy or sell a used car with minimal hassle and want a service that is transparent about vehicle conditions and pricing. However, like any service, experiences can vary depending on location and specific interactions, so it is advisable to read up on recent customer reviews for the most current insights.

Why this product is good

  • Shift (shift.com) provides a convenient and efficient platform for buying and selling used cars. It offers detailed vehicle inspections, transparent pricing, and a seamless online purchasing process. This can save time and effort compared to traditional car dealerships. Additionally, Shift provides a return policy and warranty options, which add a level of security and trust for buyers.

Recommended for

  • People who prefer online transactions for car purchases.
  • Individuals looking for a streamlined car-buying process.
  • Those who want transparent pricing and detailed vehicle information.
  • Customers who appreciate a return policy and warranty options.

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

Videos

Walkthroughs and reviews on video.

Shift 6 videos + Add
Koinly 3 videos + Add

Shift - An Honest Review Of This Productivity App

More videos

  • Review - Shift 3.0 Review: Productivity over 9000!!!
  • Review - Shift - Streamline Your Workflow - Time For A Moan
  • Review - SHIFT BY HUGH HOWEY REVIEW [Silo Book 2]! Exploring the Intriguing Sequel!
  • Review - The Shift | Review
  • Review - The Shift (2023) Movie Review

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?

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
Shift
Koinly
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
100% 100%

User comments

Share your experience with using Shift and Koinly. 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.

Shift 5.0 · 1 review
Koinly no reviews yet

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Social recommendations and mentions

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

Shift 20 mentions
Koinly 306 mentions
  • How do you guys have access the office portal for multiple MSP tenants at the same time?
    GDAP, but for those helpdesk staff who we need to give segmented access (I.e. Certain staff who can’t access certain customers) we use Shift (https://tryshift.com/) Shift also has the added benefit of allowing Google Workspace admin from... Source: over 3 years ago
  • Tech Stack
    Tryshift.com – a browser with easy switch between multiple google accounts + pinned apps. Source: over 3 years ago
  • Multiple Store Management
    Check out shift here. https://tryshift.com/. Source: over 3 years ago

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  • 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

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Alternatives to Shift and Koinly

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