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TokenTax VS Koinly

Compare TokenTax VS Koinly and see what are their differences


Crypto taxes made easy. TurboTax for cryptocurrency.

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

TokenTax details

Categories
Fintech Crypto Cryptocurrencies
Website tokentax.co  

Koinly details

Categories
Cryptocurrencies Fintech Crypto
Website koinly.io  

TokenTax videos

Automating Crypto Taxes And Harvesting Losses With Zac McClure TokenTax

More videos:

  • - TokenTax: Cryptocurrency Taxes Made Easy
  • - How TokenTax works! Crypto Taxes in 2020

Koinly videos

Rippleโ€™s Shareholder SBI Invest in QIWI. Ripple Unleashes 1B XRP. Koinly to Add Support for XRP!

Category Popularity

0-100% (relative to TokenTax and Koinly)
37
37%
63%
63
20
20%
80%
80
37
37%
63%
63
100
100%
0%
0

Social recommendations and mentions

We have tracked the following product recommendations or mentions on Reddit and HackerNews. They can help you identify which product is more popular and what people think of it.

TokenTax mentions

  • Iโ€™m just going to the gym everyday and watching my Theta grow, wanna be in great shape when Iโ€™m a millionaire. Holding for the long term ๐Ÿ’ช๐Ÿผ๐Ÿ˜Ž boats and hoes
    But if you want to be legit Https://tokentax.co/ (DON'T CLICK LINKS GOOGLE THEM) Don't TRUST ANYONE. - Source: Reddit / about 2 months ago
  • If you gain a free algorand a day from rewards, are you averaging down daily agains a $0 cost purchase?
    I just paid taxes on it and havent sold anything. Maybe talk to your accountant. As it stakes its seen as income. check out tokentax.co they make it really easy. - Source: Reddit / about 2 months ago
  • Yet another tax question (2020: unemployed, CERB, Defi degen, spent lots on eth gas, etc)
    In 2020 I made over 2000 defi transactions with my metamask wallet alone (this includes staking, borrowing, farming, approving tokens, buying, selling, claiming airdrops, providing liquidity, etc etc). There is obviously no way I want anyone to sort through all of these one by one. However, I can fairly easily export a spreadsheet of every transaction from within the zerion.io interface - and they have a... - Source: Reddit / about 2 months ago
  • Is there a website that gathers all kind of crypto metrics ?
    Finally, I'm using tokentax.co to calculate the taxes on my investments. - Source: Reddit / about 1 month ago
  • Crypto tax query
    Have had good luck with https://tokentax.co/ - Just give them API access to your accounts and eth addresses, etc and they figure it out for you. - Source: Reddit / about 1 month ago

Koinly mentions

  • Inaccurate Crypto Taxes! Trouble ahead?
    While I was looking to do that, I came across the website https://koinly.io/. It looks nice and maybe not that expensive depending on the amount you engaged on cryptos. Apparently, it handles multiple platforms as well. - Source: Reddit / 2 months ago
  • Tezos AMA: Ask us about Proof-of-Stake, NFTs, DeFi, DAOs, and more. We brought Tacos!
    It will export transaction history via Excel so that you can upload to a service such as this: https://koinly.io/. - Source: Reddit / 2 months ago
  • CGT report for Coinbase and Pro
    Have a look at https://koinly.io/, you can import your transaction history (free) and it can generate a report for you (for a fee per tax-year). - Source: Reddit / 2 months ago
  • We should not have to pay taxes on crypto spend on purchases, we are already taxed too much.
    In which case you can just use Koinly for it to calculate all your transactions and even save it as a tax form. Its easy as that. - Source: Reddit / 2 months ago
  • CGT + Crypto - what is considered profit?
    Separately you might find this app useful for calculating your return / what you owe: https://koinly.io/. So . - Source: Reddit / about 2 months ago

What are some alternatives?

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

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

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

BearTax - Calculate and file crypto taxes in simple and easy steps ๐Ÿ’ธ

Accointing - A crypto portfolio tracking platform with a tax tool

Coinbase Custody - The most secure crypto storage solution available

Stripe Atlas Taxes - Help file your business taxes

User reviews

Share your experience with using TokenTax and Koinly. For example, how are they different and which one is better?

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