Koinly is a powerful cryptocurrency tax and portfolio tracking tool designed to make crypto tax reporting effortless for individuals and accountants alike.
It connects seamlessly with over 800 exchanges, wallets, and blockchains to automatically import your transaction data, calculate your capital gains and crypto income, and generate tax reports suited to your country’s requirements. This automation saves you time and ensures your tax filings are accurate.
It’s important to note that Koinly is not a wallet or a platform for storing your cryptocurrency. Instead, it serves as a dedicated tax calculator and portfolio tracker. You’ll still need your own wallets and exchanges to buy, sell, and store crypto. Koinly helps you organize and manage all the transactions from these sources in one place, giving you a clear overview of your crypto holdings.
Beyond tax reporting, Koinly’s portfolio tracking feature lets you monitor your assets across multiple platforms. Whether you’re involved in DeFi, NFTs, staking, or mining, Koinly provides real-time insights into your holdings, profit and loss statements, and overall portfolio performance—all through an intuitive and user-friendly dashboard.
ℹ️ See our article - Dashboard Explained for more information
In summary, Koinly is your go-to tool for crypto tax compliance and portfolio management, making it ideal for simplifying your crypto journey 🚀