Bitcoin Verdict

    Review

    Koinly

    The one to reach for if your money is scattered everywhere

    Our Verdict

    If your coins are spread across a dozen exchanges and wallets, Koinly is the one most likely to find all of it. In our view it is the most complete tool here for people who hold Bitcoin but dabble in other coins too. Its integrations (the exchanges and wallets it can pull your history from automatically) number 700+, so there is a good chance it already knows yours. On-chain tracking is solid, the reports are clear, and the free tier lets you see what you will owe before you pay a cent. Reach for this when your transactions live in a lot of places and you need the widest net.

    What we like

    • Widest exchange and wallet integrations (700+)
    • Best on-chain transaction detection of any consumer tool
    • Free tier shows tax liability before payment
    • Supports FIFO, LIFO, HIFO, and specific identification
    • Direct TurboTax and H&R Block integration
    • International tax report support (UK, Canada, Australia, Germany)

    What could be better

    • Paid plans start at $49/year - free tier is limited
    • Interface is more complex than CoinLedger
    • Can struggle with complex DeFi transactions
    • Some manual cleanup needed for unusual transactions

    How We Scored This

    Community score compiled from Reddit threads, expert reviews, and app store ratings.

    Most frequently recommended tax tool on r/Bitcoin. Users praise the breadth of exchange integrations and on-chain tracking.

    Generally positive, but some users report issues with DeFi transaction categorization requiring manual fixes.

    Bitcoin Magazine Tax Tool RoundupPositive

    Called the "gold standard" for crypto tax calculation. Praised for comprehensive coverage and international support.

    Trustpilot ReviewsPositive

    4.3/5 average with 3,000+ reviews. Some complaints about pricing for high-volume traders.

    B+
    86/100
    Overall Score
    Last updated Apr 2026
    Accuracy & Coverage26/30
    Price20/25
    Ease of Use23/25
    Trust & Support17/20
    How we score products

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