Koinly vs CoinTracker: Which Is Better in 2025?
Detailed comparison of the two leading crypto tax platforms. Compare pricing, features, DeFi support, accuracy, and user experience to make the right choice.
🏆 Quick Verdict
- Best Overall: Koinly - Better pricing, superior DeFi support, cleaner interface
- Best for Portfolio Tracking: CoinTracker - Real-time portfolio dashboard, better mobile app
- Best Value: Koinly - More transactions for the price
- Best for Beginners: Koinly - Easier to use, better guidance
Side-by-Side Comparison
| Feature | Koinly | CoinTracker |
|---|---|---|
| Rating | ⭐ 4.8/5 | ⭐ 4.5/5 |
| Starting Price | $49/year (100 txns) | $0/year (100 txns) |
| Mid-Tier Price | $99/year (1,000 txns) | $199/year (1,000 txns) |
| High-Volume | $179/year (10,000 txns) | $499/year (10,000 txns) |
| Free Plan | Preview only | ✅ Up to 100 txns |
| Supported Exchanges | 700+ | 500+ |
| DeFi Support | ⭐⭐⭐⭐⭐ Excellent | ⭐⭐⭐⭐ Good |
| NFT Support | ✅ Yes | ✅ Yes |
| Portfolio Tracking | Basic | ⭐⭐⭐⭐⭐ Excellent |
| Mobile App | ❌ No | ✅ iOS/Android |
| Countries Supported | 100+ | 20+ |
| Tax Forms | IRS 8949, UK, Canada, Australia, etc. | IRS 8949, limited international |
| TurboTax Integration | ✅ Yes | ✅ Yes |
| Customer Support | Email + Help Center | Email + Help Center |
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)
CoinTracker Pricing
- Free: $0/year (100 transactions, 10 exchanges)
- Hobbyist: $59/year (500 transactions)
- Investor: $199/year (1,000 transactions)
- Trader: $499/year (10,000 transactions)
- Pro: $999/year (unlimited transactions)
Winner: Koinly for Value
Why: Koinly is significantly cheaper at every tier above the free plan. For 1,000 transactions, Koinly costs $99 vs CoinTracker's $199. For 10,000 transactions, Koinly is $179 vs CoinTracker's $499. CoinTracker has a free plan for basic users, but Koinly offers much better value for active traders.
Feature Comparison
DeFi Support
Winner: Koinly
- Koinly: Excellent DeFi support with automatic categorization of yield farming, liquidity pools, lending, and wrapped tokens. Supports Uniswap, Aave, Compound, Curve, etc. Auto-detects DeFi protocols.
- CoinTracker: Good DeFi support but requires more manual review. Handles major protocols but less automatic detection than Koinly.
Portfolio Tracking
Winner: CoinTracker
- CoinTracker: Real-time portfolio dashboard with price alerts, profit/loss tracking, and performance charts. Mobile app for on-the-go tracking. This is CoinTracker's core strength.
- Koinly: Basic portfolio view focused on tax reporting. Shows holdings and balances but not as comprehensive as CoinTracker's portfolio features.
Ease of Use
Winner: Koinly
- Koinly: Clean, intuitive interface. Easy wallet/exchange sync. Clear transaction categorization. Better guidance for tax review.
- CoinTracker: More complex interface due to portfolio features. Can be overwhelming for users who only need tax reports.
International Support
Winner: Koinly
- Koinly: Supports 100+ countries with local tax rules (UK HMRC, Canada CRA, Australia ATO, Germany Finanzamt, etc.). Country-specific forms and calculations.
- CoinTracker: Primarily US-focused with limited international support (20+ countries). Best for US taxpayers.
NFT Support
Winner: Tie
- Both platforms handle NFT transactions from OpenSea, Rarible, and other marketplaces
- Both track NFT cost basis and capital gains
- Both support Ethereum, Polygon, and Solana NFTs
Exchange/Wallet Coverage
Winner: Koinly
- Koinly: 700+ integrations including all major exchanges and wallets
- CoinTracker: 500+ integrations, covering most popular platforms
User Experience
Koinly
Strengths:
- Clean, focused interface
- Excellent transaction review process
- Clear warnings and guidance for missing data
- Fast sync speeds
- Comprehensive help documentation
Weaknesses:
- No mobile app
- Limited portfolio tracking features
- Preview mode can be frustrating (can't see final report without paying)
CoinTracker
Strengths:
- Excellent mobile app (iOS/Android)
- Real-time portfolio dashboard
- Free plan for basic users
- Good for daily portfolio monitoring
- TurboTax integration
Weaknesses:
- More expensive than Koinly
- Interface can feel cluttered
- DeFi categorization requires more manual work
- Limited international support
Accuracy & Tax Compliance
Koinly
- Strong accuracy with automatic DeFi detection
- Handles complex scenarios (staking, mining, airdrops)
- Country-specific tax calculations (HMRC Section 104, CRA ACB, etc.)
- Regular updates for tax law changes
CoinTracker
- Good accuracy for standard trading
- IRS-focused calculations
- Handles most common scenarios well
- May require more manual adjustments for complex DeFi
Winner: Koinly for International, Tie for US
Both are accurate for US taxpayers. Koinly has better international tax compliance.
Who Should Choose Koinly?
- ✅ International users (UK, Canada, Australia, Germany, etc.)
- ✅ DeFi users (yield farming, liquidity pools, lending)
- ✅ Value seekers (better pricing than CoinTracker)
- ✅ Active traders (10,000+ transactions at $179 vs $499)
- ✅ Users who want simple tax reporting (no portfolio clutter)
Who Should Choose CoinTracker?
- ✅ Portfolio trackers (want real-time dashboard + tax)
- ✅ Mobile users (need iOS/Android app)
- ✅ Beginners with <100 transactions (free plan)
- ✅ US-only taxpayers (don't need international support)
- ✅ Users who prefer all-in-one platform (portfolio + tax)
Final Recommendation
🏆 Overall Winner: Koinly
Why Koinly wins:
- Better value at every pricing tier (except free)
- Superior DeFi support with automatic detection
- Excellent international tax compliance (100+ countries)
- Cleaner, more focused interface for tax reporting
- 700+ integrations vs 500+
Choose CoinTracker if: You need portfolio tracking + mobile app and are willing to pay more for those features.
FAQs
Is Koinly better than CoinTracker?
Yes, for most users. Koinly offers better value, superior DeFi support, and broader international coverage. CoinTracker is better if you prioritize portfolio tracking and mobile access.
Which is cheaper, Koinly or CoinTracker?
Koinly is significantly cheaper. For 1,000 transactions: Koinly costs $99/year vs CoinTracker's $199/year. For 10,000 transactions: $179 vs $499.
Does Koinly have a free plan like CoinTracker?
No. CoinTracker offers a free plan for up to 100 transactions. Koinly only offers a preview mode (you can see your report but can't download without paying).
Which has better DeFi support?
Koinly has superior DeFi support with automatic protocol detection and better categorization of yield farming, liquidity pools, and lending activities.
Can I use both Koinly and CoinTracker?
Yes, but unnecessary. Both can import the same data. Some users use CoinTracker for free portfolio tracking and Koinly for actual tax reporting (to save money).
Which is better for international users?
Koinly is far better for international users with support for 100+ countries including UK, Canada, Australia, Germany, and more. CoinTracker is primarily US-focused.