The best alternative to Koinly

13 Aug, 2023 · 9 min read

The world of cryptocurrencies is complex and constantly changing. To succeed in this dynamic environment, investors need the right tools to manage their investments and optimize taxes. But is Koinly really the best option on the market? In this article, we shed light on the current situation and offer a powerful alternative to Koinly that is superior in many aspects.

What is Koinly?

Koinly is a cryptocurrency tax calculation platform. It helps cryptocurrency traders and investors to calculate and manage their tax liabilities related to cryptocurrency transactions. Koinly supports various exchanges, wallets, and cryptocurrencies, making it easier for users to import their transaction data and generate accurate tax reports.

We now take a closer look at CoinTracking and show why the market leader is considered the best alternative to Koinly.

CoinTracking vs Koinly

CoinTracking has established itself globally and has been on the market since 2012. The platform is a superior alternative and not only offers all the features like Koinly, but has additional advantages and features.

✅ 1,377,000 active users
✅ 25.000 CPAs and Corporate Clients
✅ $41.5 billion total value of all portfolios
✅ Audits by our Full-Service team
✅ Strong community


There are notable differences between the two platforms in terms of pricing. CoinTracking outperforms its competitor with a better price-performance ratio across all pricing models. Furthermore, Koinly doesn’t provide corporate accounts.

For instance, CoinTracking offers a completely free option for up to 200 transactions including tax report functionality, while with the free plan from Koinly you will not be allowed to generate a tax report.

CoinTracking also offers an unlimited lifetime account, which can be particularly appealing for traders or DeFi applications. Koinly instead only offers unlimited plans only per tax year. So it’s easy to understand the more transactions you have, the more you will benefit with CoinTracking.

Additionally, you have to pay extra for the daily sync. add-on with Koinly, while with CoinTracking you can enjoy an all-in one solution.

CoinTracking price chart

Plan 200 3.500 20.000  50.000  100.000  Unlimited
1 year 0  $115.00  $220.00  $284.00  $388.00  $775.00
2 years 0  $206.00 $335.00 $439.00 $620.00  $1,188.00
Lifetime 0  $408.00 $967.00 $1,398.00 $2,044.00 $6,026.00

Koinly price chart

Tax year 100 1.000 3.000 10.000 20.000 50.000 100.000 unlimited
2023 $49.00 $99.00 $179.00 $279.00 $379.00 $679.00 $1,179.00
2023/2022 $98.00 $198.00 $358.00 $558.00 $758.00 $958.00 $1,458.00
2023/2022/2021 $147.00 $297.00 $537.00 $837.00 $1,137.00 $1,237.00 $1,737.00


$196.00 $396.00 $716.00 $1,116.00 $1,516.00 $2,716.00 $4,716.00


$245.00 $495.00 $895.00 $1,395.00 $1,895.00 $3,395.00 $5,895.00

Dual Nationality (+1 country)

$49.00 $49.00 $49.00 $49.00 $49.00 $49.00 $49.00
Daily Sync addon $49.00 $49.00 $49.00 $49.00 $49.00 $49.00 $49.00


In terms of security you will be on the safe side with CoinTracking as it provides two-factor-authentication, available on both android and iOS. Whereas Koinly lacks this security feature and neither does it provide an iOS App. To understand the benefits of CoinTracking even more, let’s take a look at the core features of both platforms.

Portfolio Tracker

Portfolio tracking features are crucial for real-time monitoring of crypto investments and obtaining detailed information on the portfolio performance.

CoinTracking Koinly
Historical Charts 26.000+

Current price

26.000+ 20.000+
Total Value per Coin
Total Portfolio balance
Total Fiat balance
Total Trades
Trades per Exchange
Trades per Month
Balance by Day
Balance by Exchange
Balance by Currency

Import of transactions

Both platforms offer to import transactions from various exchanges, wallets, and blockchains. However, CoinTracking surpasses in this aspect by providing more extensive options for importing transactions overall. It is especially appreciated by customers that all import functions work smoothly and without errors

Another important aspect in terms of convenience is that with Koinly you can only view 25 transactions per page, while with CoinTracking you can see up to 50.000 entries per page, which makes navigation much easier.

CoinTracking Koinly
Exchanges 141 400+
Wallets & Blockchains 200+ 270+
API Importer 55 available
CSV Importer 86 available
Legacy Importer 22 3
Transactions limit unlimited (lifetime) unlimited (per year)
Transaction types 41 19+
(buy, sell, send, etc.)
Backups 20 no
 Sub-accounts yes no

Portfolio Analysis Reports

These reports provide deep insights into your portfolio performance. Compared to Koinly, CoinTracking’s reports are significantly more comprehensive, making them a valuable tool for any crypto investor.

CoinTracking Koinly
Current Balance
Balance by Exchange
Balance by Currency
Coins by Exchange
Realized Gains
Unrealized Gains
Tax-privileged Coins (Short & Long)
Missing Transactions
Duplicate Transactions
NFT Center
Average Purchase Prices
Coin Charts
Coin Price Calculator
User Statistics
API Live Data check
Trading Statistics
Trading List
Trading Pricees
Trading Fees
Number of Trades

Tax report types

CoinTracking Koinly
Countries 100+ 25
Tax methods 14 9
Transactions unlimited unlimited
Capital gains
Margin gains
Gifts and donations
Lost and stolen Funds

Tax Tool Integration

CoinTracking Koinly
Wiso Steuer
HR block

Tax Forms

CoinTracking Koinly
USA (Form 8949)
USA (Form 8938)
USA (Form 1040)
USA (Schedule D)
New Zealand

Countries and languages

CoinTracking offers tax reports for over 100 countries worldwide in 15 different languages.

CoinTracking Koinly
Countries 100+ 25
Languages English,

Switch to CoinTracking

To take advantage of CoinTracking, it doesn’t require a lot of effort. However, there are a few basic steps that should be followed.

Recapture transactions – Recommended!

It is recommended to export the complete transaction history from Koinly. All transactions should then be re-entered into CoinTracking. This will ensure that all information is complete and accurate. 

Importing data from Koinly into CoinTracking

Entering transactions can either be done manually for a manageable amount of data, or via an automatic import of an Excel or CSV file. Once the data is imported into CoinTracking, it is important to carefully review and verify its completeness and correctness.

Frequently Asked Questions
about Koinly alternatives

What is a cheaper alternative to Koinly?2023-08-13T07:59:43+01:00

CoinTracking has a better price-performance ratio, is cheaper across all pricing packages and offers flexible pricing models.

What is the best alternative to Koinly?2023-08-13T07:59:10+01:00

The best alternative to Koinly is CoinTracking. The platform offers extensive features and functionality at lower prices.


CoinTracking offers a superior alternative for crypto portfolio management and tax reporting. With its comprehensive features and affordable pricing, the platform is an excellent choice for those who value reliable portfolio management and want to efficiently generate tax reports.

Share this

Luis Schilli: SEO Manager
Content Manager & Crypto Blogger
Crypto trader and blockchain enthusiast with a passion for innovative technologies in the cryptocurrency market.
Crypto trader and blockchain enthusiast with a passion for innovative technologies in the cryptocurrency market.


Check out what's new and exciting

The world of cryptocurrencies is constantly changing – keep up with CoinTracking and get informed!

Go to Top