Koinly Review
By Itai Varochik | Last updated February 1, 2026
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Our Verdict
Koinly is the best crypto tax software for international users, offering unmatched country coverage and the most comprehensive DeFi/NFT support. While CoinTracker may edge it out for US-only TurboTax users, Koinly is the superior choice for global traders.
GetASearch Score: 8.6/10
Rating: 4.5/5 (891 reviews)
Pros
- 100+ country tax report support
- 700+ exchange and wallet integrations
- Excellent DeFi and NFT transaction handling
- Unlimited transactions on premium plans
- Free preview reports before paying
- Strong community and customer support
Cons
- Can be complex for absolute beginners
- Some niche integrations require manual CSV upload
- Audit trail could be more detailed
- Learning curve for advanced DeFi categorization
Score Breakdown
| Criteria | Score |
|---|---|
| Features | 8.8/10 |
| Ease of Use | 8.0/10 |
| Value for Money | 8.9/10 |
| Customer Support | 7.8/10 |
| Overall | 8.6/10 |
What is Koinly?
Koinly is the leading international crypto tax software, supporting tax reporting in 100+ countries with 700+ exchange and wallet integrations. It handles complex scenarios like DeFi, NFTs, and staking that trip up other platforms. Plans start at $49/year with unlimited transactions on higher tiers. The platform excels at global coverage - generating country-specific tax forms for the US (Form 8949), UK (SA108), Australia (myTax), Canada, Germany, and dozens more. Multiple cost basis methods (FIFO, LIFO, HIFO, Specific ID) are available, and the software automatically applies the correct tax rules for your jurisdiction. Koinly stands out for its handling of DeFi transactions, NFT sales, staking rewards, and airdrops. The platform can parse on-chain data directly from blockchain explorers, reducing the need for manual CSV uploads. Free preview reports let you see your tax liability before committing to a paid plan.
Koinly Features
| Feature | Available | Description |
|---|---|---|
| Global Tax Reports | Yes | 100+ country-specific tax forms |
| 700+ Integrations | Yes | Connect exchanges, wallets, and blockchains |
| DeFi/NFT Support | Yes | Automatic DeFi swap and NFT sale tracking |
| Multiple Cost Basis | Yes | FIFO, LIFO, HIFO, and Specific ID methods |
| Free Preview | Yes | See your tax liability before paying |
| On-Chain Parsing | Yes | Direct blockchain data import |
Koinly Pricing
$49/year
Best For
- International crypto traders
- DeFi and NFT investors
- Users trading on many exchanges
- Traders needing multi-country tax compliance
Not Ideal For
- US users who only want TurboTax integration
- Beginners with fewer than 25 transactions
- Those in unsupported countries
Final Verdict
Koinly is the best crypto tax software for international users, offering unmatched country coverage and the most comprehensive DeFi/NFT support. While CoinTracker may edge it out for US-only TurboTax users, Koinly is the superior choice for global traders.
Frequently Asked Questions
Is Koinly accurate?
Koinly uses the same calculation methods as professional accountants and has been verified by tax professionals across multiple jurisdictions. Always review your report before filing.
Does Koinly support DeFi and NFTs?
Yes, Koinly has some of the best DeFi and NFT support in the industry, handling swaps, liquidity provision, yield farming, and NFT sales automatically.
How many countries does Koinly support?
Koinly generates tax-compliant reports for 100+ countries, including the US, UK, Australia, Canada, Germany, Japan, and many more.
Can I try Koinly for free?
Yes, Koinly offers free portfolio tracking and a preview of your tax report. You only pay when you want to download the complete tax forms.