Koinly vs CoinLedger: Which Is Better in 2025?

Side-by-Side Comparison

Pricing Comparison

Koinly Pricing

• Newbie: $49/year (100 transactions)
• Hodler: $99/year (1,000 transactions)
• Trader: $179/year (10,000 transactions)
• Pro: $279/year (unlimited transactions)

CoinLedger Pricing

• Starter: $49/year (100 transactions)
• Hobbyist: $99/year (1,000 transactions)
• Investor: $199/year (10,000 transactions)
• Pro: $299/year (unlimited transactions)

Winner: Koinly for High-Volume

Why: Pricing is identical at entry and mid-tier ($49-$99), but Koinly is cheaper at high volumes. For 10,000 transactions: Koinly $179 vs CoinLedger $199. For unlimited: Koinly $279 vs CoinLedger $299. Both are budget-friendly, but Koinly edges ahead for active traders.

Feature Comparison

DeFi Support

Winner: Koinly

• Koinly: Excellent automatic DeFi categorization. Handles Uniswap, Aave, Compound, Curve, yield farming, liquidity pools, wrapped tokens seamlessly. Auto-detects protocols.
• CoinLedger: Good basic DeFi support but requires more manual review. Handles common DeFi transactions but less sophisticated than Koinly's automatic detection.

If you're active in DeFi, Koinly is significantly better.

Ease of Use

Winner: Koinly

• Koinly: Clean, modern interface. Intuitive transaction review. Clear error messages and guidance. Better visual design.
• CoinLedger: Functional but less polished. Interface feels dated compared to Koinly. Still usable but not as smooth.

International Support

Winner: Koinly

• Koinly: 100+ countries with local tax rules. Excellent UK (HMRC), Canada (CRA), Australia (ATO), Germany (Finanzamt) support with country-specific forms.
• CoinLedger: Primarily US-focused. Limited international support. Best for American taxpayers only.

Exchange/Wallet Coverage

Winner: Koinly

• Koinly: 700+ integrations
• CoinLedger: 500+ integrations

Both cover all major exchanges, but Koinly supports more niche platforms.

NFT Support

Winner: Tie

• Both handle NFT transactions from OpenSea, Rarible, etc.
• Both track NFT cost basis and capital gains
• Similar quality of NFT tax reporting

Accuracy

Winner: Koinly

• Koinly: Better automatic categorization reduces errors. Fewer manual adjustments needed. Especially strong for DeFi.
• CoinLedger: Accurate for basic transactions but requires more manual review for complex scenarios.

User Experience

Koinly

Strengths:

• Beautiful, intuitive interface
• Excellent DeFi auto-categorization
• 700+ exchange integrations
• Broad international support (100+ countries)
• Fast sync and processing
• Clear transaction review process

Weaknesses:

• No mobile app
• Can't see final report without paying
• Preview mode limitations

CoinLedger

Strengths:

• Budget-friendly pricing (matching Koinly at low tiers)
• TurboTax integration
• Handles basic crypto tax needs well
• 500+ integrations cover most users
• Good for simple portfolios

Weaknesses:

• Less polished interface than Koinly
• Weaker DeFi categorization
• US-focused (limited international)
• Requires more manual adjustments
• Smaller exchange coverage (500 vs 700)

Best Use Cases

CoinLedger is Best For:

• ✅ US taxpayers with simple portfolios (basic buy/sell/trade)
• ✅ Budget-conscious beginners (100-1,000 transactions)
• ✅ Users who don't use DeFi (just exchange trading)
• ✅ Casual investors (few transactions per year)

Koinly is Best For:

• ✅ International users (UK, Canada, Australia, Germany, etc.)
• ✅ DeFi users (yield farming, liquidity pools, lending)
• ✅ Active traders (10,000+ transactions, better pricing)
• ✅ Users who want best-in-class UX (cleaner interface)
• ✅ Complex portfolios (multiple wallets, DeFi, NFTs)

Who Should Choose Koinly?

• ✅ Anyone outside the US (Koinly's international support is far superior)
• ✅ DeFi users (Koinly handles complex DeFi much better)
• ✅ Active traders (cheaper at high volumes)
• ✅ Users who value UX (cleaner, more modern interface)
• ✅ Anyone with 700+ exchanges/wallets needs

Try Koinly Free →

Who Should Choose CoinLedger?

• ✅ US taxpayers with simple needs (basic exchange trading only)
• ✅ Budget beginners (similar price to Koinly at entry level)
• ✅ Users who don't need DeFi (just CEX trading)
• ✅ Casual investors (few transactions, simple portfolio)

Try CoinLedger Free →

Final Recommendation

FAQs

Is Koinly better than CoinLedger?

Yes, for most users. Koinly has superior DeFi support, better interface, broader international coverage, and more integrations. CoinLedger is only competitive for US users with simple, DeFi-free portfolios.

Which is cheaper, Koinly or CoinLedger?

Pricing is identical at entry level ($49-$99), but Koinly is cheaper for active traders. 10k transactions: Koinly $179 vs CoinLedger $199. Unlimited: Koinly $279 vs CoinLedger $299.

Does CoinLedger support DeFi as well as Koinly?

No. Koinly has significantly better DeFi support with automatic protocol detection and categorization. CoinLedger handles basic DeFi but requires more manual work.

Which is better for international users?

Koinly is far better with 100+ countries supported including UK, Canada, Australia, Germany. CoinLedger is primarily US-focused.

Can CoinLedger handle NFTs?

Yes, both platforms handle NFT transactions. Similar quality of NFT support.

Is CoinLedger the same as CryptoTrader.Tax?

Yes, CoinLedger is the new name for CryptoTrader.Tax (rebranded in 2021).