Koinly

Koinly

4.9 out of 5 stars
BlockSentry Koinly

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BlockSentry:

About

The tax environment for cryptocurrencies is changing fast. Stay safe in an increasingly regulated market with our end-to-end compliance solution. You don’t have to be an accounting expert. Gain real-time insights into your trading performance with beautiful data visualizations. Our patent-pending technology categorizes transactions for you and automatically recognizes transfers between accounts, saving you time & money. Gain real-time insights into your trading across all of your exchanges with a detailed analysis of your gains and losses for individual currencies as well as broader portfolio trends. BlockSentry uses advanced A.I. technology to auto-fill your tax form, and automatically identify transfers between your accounts. This will save you hours of time and help you keep long-term cost basis, ensuring you pay the least in taxes.
Koinly:

About

Make tax reporting easy, reliable and accurate with Koinly. Simply connect your exchange accounts / public addresses and let Koinly calculate your capital gains, then generate a tax report for next year. Your final report is accepted by your tax agency and easy to print & file. Koinly is an accounting and tax reporting software for cryptocurrency investors, hobbyists and accountants. With over 700 integrations, Koinly supports over 400 Exchanges, 100 Wallets and over 170 Blockchains. This makes it easier for you to get the most out of your crypto capital gains. Easily track your crypto assets & taxes View your total holdings and portfolio growth over time - across all your wallets and accounts - along with your tax liabilities. Reliable cryptocurrency tax reports Preview your capital gains and taxes for free. Generate tax documents when you are ready. Easily find and fix issues with your transactions Say goodbye to absurd gains and inaccurate tax reports.
BlockSentry:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
Koinly:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
BlockSentry:

Audience

Companies looking for a Crypto Tax solution
Koinly:

Audience

Cryptocurrency investors or accountants looking for a tax solution
BlockSentry:

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported
Koinly:

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Supported
BlockSentry:

API

Offers API Not Supported
Koinly:

API

Offers API Supported
BlockSentry:

Screenshots and Videos

Koinly:

Screenshots and Videos

BlockSentry:

Pricing

$49 per year
Less Than 200 Transaction
Free Version Not Supported
Free Trial Supported
Koinly:

Pricing

Free
Koinly gives you more for less, with a generous free plan that features 10,000 transactions and support for over 700+ integrations including DeFi and NFTs.

Koinly also offer annual plans for when you are ready to generate your tax report:

* $49 for 100 transactions
* $99 for 1,000 transactions
* $179 for 3,000 transactions
* from $279 for 10,000+ transactions
Free Version Supported
Free Trial Not Supported
BlockSentry:

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software
Koinly:

Reviews/Ratings

Overall 4.9 / 5
ease 4.6 / 5
features 4.5 / 5
design 4.6 / 5
support 4.9 / 5
Koinly:

Pros & Cons from Real Users

Pros

  • I love that it can handle many blockchains and CEX's, the pricing is good. And also the customer support is amazing.
  • Just really amazing support with complicated Defi and NFT transactions, above and beyond what one would expect.
  • I find the Crypto Tax Reporting a bit complex and using Koinly and especially their Support Team has make it much simpler.
  • As a tax professional, I really love using Koinly’s service for my crypto clients! And whenever there’s an issue, the support team is very responsive and helpful! I’d very highly recommend Koinly!
  • Expert Service, Wallet Synchronisation, Tax Reporting, Free Trial Longevity, User Interface, Performance, Availability.

Cons

  • Maybe that it still has some issues with some relatively unknown chains (that have their own quirks like being able to pay gas in stable coins,...) , but it's understandable given the amount of chains they support.
  • Still early days for NFT and Defi transactions so requires a fair bit of manual adjustment.
  • Sometimes it took longer to get a response, but I understand that there are a TON of people looking for support and expertise. At the end of the day, they ALWAYS came through.
  • On one occasion I did receive an unfamiliar error message, but the team was very quick to resolve it!
  • Transaction search facility by contract is missing, transaction filtering could be improved, version control.
BlockSentry:

Training

Documentation Not Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported
Koinly:

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported
BlockSentry:

Company Information

BlockSentry
Founded: 2017
United States
blocksentry.co
Koinly:

Company Information

Koinly
Founded: 2018
United Kingdom
koinly.io
BlockSentry:

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BlockSentry:

Categories

Crypto Accounting Supported
Crypto Tax Supported
Koinly:

Categories

Corporate Tax Supported
Crypto Supported
Crypto Accounting Supported
Crypto Tax Supported
DeFi Tools Supported
Koinly:

Crypto Tax Features

Automated Data Import Supported
Exchange Integration Supported
Export Transactions Supported
Historical Prices Supported
Income Overview Supported
Margin & Futures Support Supported
Profit & Loss / Cap Gains Supported
Staking / Lending / DeFi Support Supported
Tax Form Generation Supported
Tax Loss Harvesting Supported
Wallet Integration Supported

Corporate Tax Features

Compliance Management Not Supported
Data Import / Export Supported
Data Verification Supported
Electronic Filing Not Supported
Exception Notification Not Supported
For Nonprofits Not Supported
For Partnerships Not Supported
K-1 Reporting Not Supported
Payroll & Employer Forms Not Supported
Status Tracking Not Supported
Tax Planning Not Supported

Tax Practice Management Features

Approval Process Control Not Supported
Billing & Invoicing Not Supported
Client Management Supported
Client Portal Supported
Document Management Not Supported
Due Date Tracking Supported
Scenario Planning Not Supported
Tax Filing Supported
Tax Forms Supported
Workflow Management Supported
BlockSentry:

Integrations

Coinbase Supported
Gemini Supported
HitBTC Supported
Kraken Supported
KuCoin Supported
Poloniex Supported
TaxAct Supported
Anchor Not Supported
Arbitrum Not Supported
AscendEX Not Supported
Buda.com Not Supported
Crypto.com Not Supported
Haru Not Supported
Hotbit Not Supported
P2PB2B Not Supported
Robinhood Not Supported
ShapeShift Not Supported
bitbank Not Supported
ccvault Not Supported
Koinly:

Integrations

Coinbase Supported
Gemini Supported
HitBTC Supported
Kraken Supported
KuCoin Supported
Poloniex Supported
TaxAct Supported
Anchor Supported
Arbitrum Supported
AscendEX Supported
Buda.com Supported
Crypto.com Supported
Haru Supported
Hotbit Supported
P2PB2B Supported
Robinhood Supported
ShapeShift Supported
bitbank Supported
ccvault Supported
BlockSentry:
Claim BlockSentry and update features and information
Claim BlockSentry and update features and information
Koinly:
Claim Koinly and update features and information
Claim Koinly and update features and information