Software Alternatives & Reviews

BitBox02 VS Koinly

Compare BitBox02 VS Koinly and see what are their differences

BitBox02 logo BitBox02

Secure and easy-to-use hardware wallet for Bitcoin and crypto currencies

Koinly logo Koinly

Koinly is the easiest way to monitor your crypto activity & file your taxes.
  • BitBox02 Landing page
    Landing page //
    2020-09-18

The BitBox02 is a hardware wallet made by Shift Crypto that simplifies secure handling of crypto coins through storing private keys and signing transactions. Two editions are available one is a Bitcoin-only and one supporting multiple crypto currencies such as Bitcoin, Litecoin, Ethereum and Cardano and various tokens.

  • 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.

BitBox02

$ Details
€149.0 / One-off (Hardware wallet Bitcoin-only and multi coin edition)
Platforms
Windows Android Mac OSX Linux
Release Date
2019 September

BitBox02 features and specs

  • Backups: Easy backup and restore on microSD
  • Security: Dual chip design using a secure chip, U2F support
  • Connection: USB-C & A compatible, cable included
  • Cryptocurrency: Bitcoin, Litecoin, Cardano, Ethereum and tokens
  • Privacy: Tor support

Koinly features and specs

No features have been listed yet.

BitBox02 videos

BitBox02: Setup

More videos:

  • Demo - BitBox02: Send
  • Demo - BitBox02: Receive
  • Review - How to Set Up & Use the Bitbox02 Hardware Wallet Multicurrency Edition 2020

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?

Category Popularity

0-100% (relative to BitBox02 and Koinly)
Cryptocurrencies
17 17%
83% 83
Cryptocurrency Wallets
100 100%
0% 0
Crypto
21 21%
79% 79
Finance
0 0%
100% 100

Questions and Answers

As answered by people managing BitBox02 and Koinly.

What makes your product unique?

BitBox02's answer

The BitBox02 features a dual chip design with a secure chip. The source code has been independently audited by security researchers and is fully open source.

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare BitBox02 and Koinly

BitBox02 Reviews

We have no reviews of BitBox02 yet.
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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.

Social recommendations and mentions

Based on our record, Koinly should be more popular than BitBox02. 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.

BitBox02 mentions (54)

  • Looking for a wallet
    Check out the BitBox02 - extremely user friendly and great support. Source: 5 months ago
  • Bitcoin Wallet?
    Be sure to check out the BitBox02. User friendly with tons of power user features. Source: 12 months ago
  • 2 years ago, I called out FTX for being a fraud on this subreddit.
    BitBox is a hardware wallet designed and I think manufactured in Switzerland you can find it here https://shiftcrypto.ch or their shop https://shiftcrypto.shop. I have both Trezor and Ledger the other major competitors BitBox is my favourite out of the 3 then Trezor then Ledger mostly because their source code is open and available to verify on GitHub for free whereas Ledger is proprietary. Source: about 1 year ago
  • options, options
    Check out the BitBox02. You can even connect your own full node to the companion app. Source: over 1 year ago
  • Need help finding possible wallet key on old hard drive
    If you want to install bitcoin core you can get it from bitcoin.org. But depending on what you want to do it’s probably not the best option. If you want to get into bitcoin and want to make sure your coin stays save you should get a hardware wallet. Bitbox 2 is a great option: https://shiftcrypto.ch/ If you are just going to have a few dollars in crypto, and aren’t too worried about it possibly getting stolen you... Source: over 1 year ago
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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 / 5 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
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What are some alternatives?

When comparing BitBox02 and Koinly, you can also consider the following products

Trezor.io - The Hardware Bitcoin Wallet

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

BlueWallet - An easy to use and secure Bitcoin wallet for iOS

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

Ledger Nano S - A secure Bitcoin and Ethereum hardware wallet

CryptoTrader.Tax - Tax software for cryptocurrency