Software Alternatives, Accelerators & Startups

WazirX VS Koinly

Compare WazirX VS Koinly and see what are their differences

WazirX logo WazirX

WazirX is India's most trusted Bitcoin and cryptocurrency exchange & trading platform. Buy, Sell & Trade BTC, XRP, ETH, TRX, and 100+ cryptocurrencies in India at best prices. Start trading Now!

Koinly logo Koinly

Koinly is the easiest way to monitor your crypto activity & file your taxes.
  • WazirX Landing page
    Landing page //
    2022-03-18
  • 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.

WazirX videos

Wazirx tutorial for beginners | How to use Wazirx app | Vishal techzone

More videos:

  • Review - WazirX - What is WazirX - How it Works - WazirX Review
  • Review - Best Cryptocurrency Exchange in India 2021 | Best Bitcoin App | Wazirx vs Coinswitch vs Coindcx

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 WazirX and Koinly)
Cryptocurrencies
15 15%
85% 85
Finance
14 14%
86% 86
Crypto
0 0%
100% 100
Cryptocurrency Investment

User comments

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Reviews

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

WazirX Reviews

The 7 Best Bitcoin Wallets That You Should Use For Storing BTC
Bitcoin wallet applications which are installable on mobile phones are called mobile wallets. For each mobile operating system, such as iOS, Android, Windows, and Blackberry, compatible wallets are available. India’s Bitcoin space has WazirX, as the leading platforms.
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 seems to be a lot more popular than WazirX. While we know about 306 links to Koinly, we've tracked only 10 mentions of WazirX. 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.

WazirX mentions (10)

  • Buy Bitcoin, Cryptocurrency at India’s Largest Exchange | Trading Platform | WazirX
    WazirX is India's most trusted Bitcoin and cryptocurrency exchange & trading platform. Buy, Sell & Trade BTC, XRP, ETH, TRX, and 100+ cryptocurrencies in India at best prices. Start trading Now! Source: 5 months ago
  • Floki Inu Arrives in India, $FLOKI Now Available to Around 1.4 Billion People
    On Friday (March 10), “the people’s crypto” was listed on WazirX, one of India’s largest and oldest crypto exchanges. Source: about 1 year ago
  • Brave Browser — Your own Safety.
    Transfer/swap/transfer your BAT to your regular crypto exchanges like Binance, FTX, Hotbit, Kucoin, Wazirx, etc on the go in just a few steps. The process is instantaneous. Source: over 1 year ago
  • Binance sides with Indian regulators in WazirX fallout to cease support for off-chain transfers
    Binance is scheduled to remove off-chain fund transfers with Indian cryptocurrency exchange WazirX on Thursday, users will still be able to deposit and withdraw balances via the standard withdrawal and deposit process between the exchange. Source: almost 2 years ago
  • Legal documentation in place to prove WazirX owned by Binance said Nischal Shetty
    Nischal Shetty said Zanmai Labs, an Indian entity that operates WazirX is owned by him and other co-Founders and has a license from Binance for processing rupee transactions WazirX as a product and a brand is owned by Binance which was acquired in 2019. Source: almost 2 years 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 / 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
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What are some alternatives?

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

CoinMarketCal - All crypto events that help crypto traders at one place

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

Cryptorch API - Cryptorch API is an AI-powered machine learning utility that is used in forecasting the prices for various cryptocurrencies from Bitcoin to BitTorrent.

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

CoinBundle - Invest in crypto portfolios with one click and zero fees

CryptoTrader.Tax - Tax software for cryptocurrency