Software Alternatives, Accelerators & Startups

Trust Wallet VS Koinly

Compare Trust Wallet VS Koinly and see what are their differences

Trust Wallet logo Trust Wallet

Trust - Ethereum Wallet

Koinly logo Koinly

Koinly is the easiest way to monitor your crypto activity & file your taxes.
  • Trust Wallet Landing page
    Landing page //
    2019-03-15
  • 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.

Trust Wallet videos

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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 Trust Wallet and Koinly)
Cryptocurrencies
48 48%
52% 52
Cryptocurrency Wallets
100 100%
0% 0
Crypto
48 48%
52% 52
Finance
0 0%
100% 100

User comments

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Reviews

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

Trust Wallet Reviews

The 7 Best Bitcoin Wallets That You Should Use For Storing BTC
Trust Wallet provides a seamless, frictionless, and easy to use UI. It takes no email verifications, no onboarding, and no usernames/passwords to start using Trust Wallet.
Source: coinsutra.com

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 Trust Wallet. 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.

Trust Wallet mentions (118)

  • How To Stake HydraDX's HDX Token
    1. Navigate to app.hydradx.io and connect your wallet. The DEX supports a variety of wallets, including Talisman, Polkadot JS, Trust Wallet, SubWallet, and Enkrypt. Support for additional wallets is ongoing. Source: 8 months ago
  • Swapin's Solution Explained: How Does It Work?
    We understand the importance of privacy and control over your crypto assets. That’s why Swapin seamlessly integrates with leading Web3 wallets, including Metamask, Ledger, Trust Wallet, Argent, Crypto.com, Exodus, and Rainbow. By establishing a secure encrypted connection between the Swapin App and your Web3 wallet, we ensure the privacy and security of your transactions. With Wallet Connect, you can confirm... Source: 12 months ago
  • Baby Doge Announces New Integration with Trust Wallet
    Baby Doge was recently listed on KuCoin, and they also unveiled the launch of their virtual crypto card that will go live on May 4. In one of their latest announcements, they announced a new integration with Trust Wallet. Source: about 1 year ago
  • Trust Wallet nano integration updated!
    Nano is super fast, with transactions settling on average in less than a second! It's therefore important that nano integrations in wallets also reflect that speed. We are aware that many users had issues receiving funds in Trust Wallet. We are therefore happy to say the amazing team at Trust Wallet have updated their nano integration - sending and receiving nano with Trust Wallet should now be as smooth as... Source: about 1 year ago
  • Join the Dollox Network Airdrop and Pre-Sale for a Chance to Receive Free Tokens!
    1️⃣ First, download the secure Trust Wallet app at trustwallet.com. Remember to never share your seed phrase! Source: about 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: 6 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 / 7 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: 11 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: about 1 year 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 Trust Wallet and Koinly, you can also consider the following products

MetaMask.io - A crypto wallet & gateway to blockchain apps

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

Exodus.io - All-in-one app to secure, manage and exchange blockchain assets.

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

Toshi - A browser for the Ethereum network

CryptoTrader.Tax - Tax software for cryptocurrency