Koinly Review 2026 — Crypto Tax Software Overview

Koinly remains one of the top crypto tax reporting tools in 2026, helping individuals and professionals calculate and file their cryptocurrency taxes with less manual work. It stands out for its integrations, features, and international tax support — though it’s not without limitations.

⭐ **What Koinly Is

Koinly is a cloud-based crypto tax calculation and reporting tool that connects to your exchanges, wallets, and blockchains. It automatically collects your transaction history, categorizes events (like trades, staking, or airdrops), and generates tax-ready reports tailored to the tax laws of over 20 countries.

🔑 Key Features in 2026

📊 Automatic Data Import

Koinly supports hundreds of exchanges and wallets via API or CSV upload, so you don’t have to enter transactions manually. This covers centralized exchanges, DeFi platforms, and even some NFT activity.

🌍 Multi-Jurisdiction Reporting

You can generate tax forms for many countries, including IRS Form 8949 in the U.S. and localized capital gains summaries for other regions.

📈 Portfolio Tracking

Aside from tax reporting, Koinly tracks your crypto portfolio performance in real time, showing gains, losses, and current holdings.

📑 Audit-Ready Reports

Reports exported in PDF or Excel formats are organized and detailed, supporting compliance and professional accounting review.

🔄 Cost Basis Methods

Koinly includes multiple cost basis accounting options (e.g., FIFO, HIFO), which can help optimize tax liability and meet specific local rules.

👍 Pros — What Koinly Does Well

✔ Broad Integrations: Links with hundreds of exchanges, wallets, and over 7,200 DeFi protocols for richer import coverage.
✔ Ease of Use: The dashboard and onboarding are intuitive for both beginner and experienced users.
✔ International Support: Generates country-specific tax summaries for major jurisdictions.
✔ Portfolio Insights: Beyond taxes, you can monitor performance and positions.
✔ Customer Satisfaction: High user ratings and positive reviews for support quality.

👎 Cons — Limitations to Know

⚠ Manual Cleanup Still Needed: Complex DeFi or cross-chain activity may not auto-categorize perfectly, requiring human review.
⚠ Security Features: Some reviews note that two-factor authentication (2FA) support is limited or missing in parts of the platform.
⚠ Pricing Structure: Transaction limits per plan mean high-frequency traders may pay more for the reports they need.
⚠ Not a Filing Service: Koinly helps produce tax reports but doesn’t file taxes directly with authorities — you must submit the forms yourself or with a tax professional.
⚠ Mixed Community Feedback: Some users report import inaccuracies or UI frustrations in community discussions — especially with complex wallet data.

💰 Pricing Snapshot (Typical Structure)

Koinly offers multiple tiers — often including:

🌟 Free Tier: Track portfolio and import transactions (no official tax reports).
📊 Entry-Level Paid Plans: Support limited transaction counts — ideal for casual users.
📈 Trader & Pro Plans: For high-volume traders or professionals needing extensive reporting and added features.

Pricing generally scales with the number of transactions you need to process.

🧠 Who It’s Best For

✅ Crypto investors who want automated tax calculation
✅ Active traders across multiple exchanges
✅ Users with DeFi or staking income
✅ Accountants preparing crypto tax returns
✅ Anyone needing compliance reports for different countries

📌 Final Verdict — 2026 Review

Koinly remains a leading crypto tax software in 2026 thanks to its wide integration support, intuitive interface, and comprehensive reporting. It’s suitable for both individuals and professionals looking to simplify crypto tax compliance. However, users with very complex portfolios should expect some manual reviewing and might pair it with professional advice or additional tools.