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Bitcoin Bitcoin (BTC) $118,911.35 ↑ 0.67%
Ethereum Ethereum (ETH) $3,895.43 ↑ 3.19%
XRP XRP (XRP) $3.25 ↑ 2.38%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.03%
BNB BNB (BNB) $852.49 ↑ 7.28%
Solana Solana (SOL) $193.18 ↑ 3.51%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 2.62%
TRON TRON (TRX) $0.32 ↓ -0.13%
Cardano Cardano (ADA) $0.84 ↑ 2.23%
Hyperliquid Hyperliquid (HYPE) $44.36 ↑ 3.47%
Sui Sui (SUI) $4.23 ↑ 0.95%
Stellar Stellar (XLM) $0.44 ↑ 1.46%
Chainlink Chainlink (LINK) $19.24 ↑ 3.35%
Hedera Hedera (HBAR) $0.29 ↑ 1.11%
Bitcoin Cash Bitcoin Cash (BCH) $583.26 ↓ -0.39%
Avalanche Avalanche (AVAX) $27.19 ↑ 9.31%
Litecoin Litecoin (LTC) $114.69 ↑ 1.54%
Toncoin Toncoin (TON) $3.40 ↑ 3.56%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 1.59%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.12%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.03%
Uniswap Uniswap (UNI) $11.01 ↑ 4.88%
Polkadot Polkadot (DOT) $4.27 ↑ 3.34%
Monero Monero (XMR) $328.73 ↑ 0.80%
Bitget Token Bitget Token (BGB) $4.69 ↑ 2.53%
Pepe Pepe (PEPE) $0.00 ↑ 3.79%
Dai Dai (DAI) $1.00 ↓ -0.01%
Cronos Cronos (CRO) $0.15 ↑ 5.22%
Aave Aave (AAVE) $306.36 ↑ 3.90%
Ethena Ethena (ENA) $0.68 ↑ 11.37%
Bittensor Bittensor (TAO) $430.63 ↑ 1.74%
NEAR Protocol NEAR Protocol (NEAR) $2.99 ↑ 3.47%
Ethereum Classic Ethereum Classic (ETC) $23.38 ↑ 3.67%
Pi Pi (PI) $0.45 ↑ 1.16%
Ondo Ondo (ONDO) $1.06 ↑ 2.01%
Internet Computer Internet Computer (ICP) $5.96 ↑ 5.14%
Aptos Aptos (APT) $4.96 ↑ 3.93%
OKB OKB (OKB) $49.26 ↑ 2.34%
Bonk Bonk (BONK) $0.00 ↑ 1.67%
Kaspa Kaspa (KAS) $0.10 ↑ 5.09%
Mantle Mantle (MNT) $0.82 ↑ 1.42%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 0.32%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 2.40%
Algorand Algorand (ALGO) $0.28 ↑ 1.98%
Arbitrum Arbitrum (ARB) $0.47 ↑ 5.26%
Render Render (RENDER) $4.40 ↑ 3.97%
VeChain VeChain (VET) $0.03 ↑ 2.93%
GateToken GateToken (GT) $18.36 ↑ 3.01%
Worldcoin Worldcoin (WLD) $1.23 ↑ 5.83%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.03%
SPX6900 SPX6900 (SPX) $2.24 ↑ 12.90%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.36 ↑ 2.85%
Sky Sky (SKY) $0.10 ↑ 2.32%
Sei Sei (SEI) $0.35 ↑ 3.01%
Cosmos Cosmos (ATOM) $4.91 ↑ 3.27%
Filecoin Filecoin (FIL) $2.79 ↑ 4.11%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.78 ↑ 6.88%
Jupiter Jupiter (JUP) $0.61 ↑ 5.62%
Flare Flare (FLR) $0.02 ↑ 2.68%
Story Story (IP) $5.71 ↑ 4.17%
Injective Injective (INJ) $16.12 ↑ 6.84%
Quant Quant (QNT) $129.38 ↑ 2.94%
Celestia Celestia (TIA) $2.08 ↑ 6.24%
XDC Network XDC Network (XDC) $0.09 ↑ 2.47%
KuCoin Token KuCoin Token (KCS) $11.56 ↑ 0.86%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.01%
Optimism Optimism (OP) $0.82 ↑ 14.71%
Curve DAO Token Curve DAO Token (CRV) $1.02 ↓ -4.71%
Fartcoin Fartcoin (FARTCOIN) $1.38 ↑ 4.16%
Stacks Stacks (STX) $0.85 ↑ 5.08%
Four Four (FORM) $3.48 ↑ 1.88%
FLOKI FLOKI (FLOKI) $0.00 ↑ 0.93%
Immutable Immutable (IMX) $0.61 ↑ 3.97%
dogwifhat dogwifhat (WIF) $1.15 ↑ 6.93%
Ethereum Name Service Ethereum Name Service (ENS) $30.87 ↑ 1.44%
PancakeSwap PancakeSwap (CAKE) $3.24 ↑ 15.83%
The Graph The Graph (GRT) $0.11 ↑ 5.67%
Lido DAO Lido DAO (LDO) $1.18 ↑ 9.24%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.59 ↑ 1.19%
Kaia Kaia (KAIA) $0.17 ↑ 2.02%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -1.12%
Sonic Sonic (S) $0.34 ↑ 3.23%
Tezos Tezos (XTZ) $0.92 ↑ 4.10%
Conflux Conflux (CFX) $0.19 ↑ 1.13%
Theta Network Theta Network (THETA) $0.94 ↑ 5.74%
PAX Gold PAX Gold (PAXG) $3,345.68 ↓ -0.28%
Vaulta Vaulta (A) $0.58 ↑ 1.23%
Raydium Raydium (RAY) $3.38 ↑ 10.59%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.01%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 2.67%
IOTA IOTA (IOTA) $0.22 ↑ 1.29%
Nexo Nexo (NEXO) $1.33 ↑ 2.21%
Gala Gala (GALA) $0.02 ↑ 5.21%
Tether Gold Tether Gold (XAUt) $3,341.89 ↓ -0.19%
The Sandbox The Sandbox (SAND) $0.32 ↑ 1.81%
Pyth Network Pyth Network (PYTH) $0.14 ↑ 7.57%
Pendle Pendle (PENDLE) $4.71 ↑ 7.90%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↑ 0.69%
Jito Jito (JTO) $2.07 ↑ 4.64%
Bitcoin Bitcoin (BTC) $118,911.35 ↑ 0.67%
Ethereum Ethereum (ETH) $3,895.43 ↑ 3.19%
XRP XRP (XRP) $3.25 ↑ 2.38%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.03%
BNB BNB (BNB) $852.49 ↑ 7.28%
Solana Solana (SOL) $193.18 ↑ 3.51%
USDC USDC (USDC) $1.00 ↓ -0.01%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 2.62%
TRON TRON (TRX) $0.32 ↓ -0.13%
Cardano Cardano (ADA) $0.84 ↑ 2.23%
Hyperliquid Hyperliquid (HYPE) $44.36 ↑ 3.47%
Sui Sui (SUI) $4.23 ↑ 0.95%
Stellar Stellar (XLM) $0.44 ↑ 1.46%
Chainlink Chainlink (LINK) $19.24 ↑ 3.35%
Hedera Hedera (HBAR) $0.29 ↑ 1.11%
Bitcoin Cash Bitcoin Cash (BCH) $583.26 ↓ -0.39%
Avalanche Avalanche (AVAX) $27.19 ↑ 9.31%
Litecoin Litecoin (LTC) $114.69 ↑ 1.54%
Toncoin Toncoin (TON) $3.40 ↑ 3.56%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 1.59%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.12%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.03%
Uniswap Uniswap (UNI) $11.01 ↑ 4.88%
Polkadot Polkadot (DOT) $4.27 ↑ 3.34%
Monero Monero (XMR) $328.73 ↑ 0.80%
Bitget Token Bitget Token (BGB) $4.69 ↑ 2.53%
Pepe Pepe (PEPE) $0.00 ↑ 3.79%
Dai Dai (DAI) $1.00 ↓ -0.01%
Cronos Cronos (CRO) $0.15 ↑ 5.22%
Aave Aave (AAVE) $306.36 ↑ 3.90%
Ethena Ethena (ENA) $0.68 ↑ 11.37%
Bittensor Bittensor (TAO) $430.63 ↑ 1.74%
NEAR Protocol NEAR Protocol (NEAR) $2.99 ↑ 3.47%
Ethereum Classic Ethereum Classic (ETC) $23.38 ↑ 3.67%
Pi Pi (PI) $0.45 ↑ 1.16%
Ondo Ondo (ONDO) $1.06 ↑ 2.01%
Internet Computer Internet Computer (ICP) $5.96 ↑ 5.14%
Aptos Aptos (APT) $4.96 ↑ 3.93%
OKB OKB (OKB) $49.26 ↑ 2.34%
Bonk Bonk (BONK) $0.00 ↑ 1.67%
Kaspa Kaspa (KAS) $0.10 ↑ 5.09%
Mantle Mantle (MNT) $0.82 ↑ 1.42%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 0.32%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 2.40%
Algorand Algorand (ALGO) $0.28 ↑ 1.98%
Arbitrum Arbitrum (ARB) $0.47 ↑ 5.26%
Render Render (RENDER) $4.40 ↑ 3.97%
VeChain VeChain (VET) $0.03 ↑ 2.93%
GateToken GateToken (GT) $18.36 ↑ 3.01%
Worldcoin Worldcoin (WLD) $1.23 ↑ 5.83%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.03%
SPX6900 SPX6900 (SPX) $2.24 ↑ 12.90%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.36 ↑ 2.85%
Sky Sky (SKY) $0.10 ↑ 2.32%
Sei Sei (SEI) $0.35 ↑ 3.01%
Cosmos Cosmos (ATOM) $4.91 ↑ 3.27%
Filecoin Filecoin (FIL) $2.79 ↑ 4.11%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.78 ↑ 6.88%
Jupiter Jupiter (JUP) $0.61 ↑ 5.62%
Flare Flare (FLR) $0.02 ↑ 2.68%
Story Story (IP) $5.71 ↑ 4.17%
Injective Injective (INJ) $16.12 ↑ 6.84%
Quant Quant (QNT) $129.38 ↑ 2.94%
Celestia Celestia (TIA) $2.08 ↑ 6.24%
XDC Network XDC Network (XDC) $0.09 ↑ 2.47%
KuCoin Token KuCoin Token (KCS) $11.56 ↑ 0.86%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.01%
Optimism Optimism (OP) $0.82 ↑ 14.71%
Curve DAO Token Curve DAO Token (CRV) $1.02 ↓ -4.71%
Fartcoin Fartcoin (FARTCOIN) $1.38 ↑ 4.16%
Stacks Stacks (STX) $0.85 ↑ 5.08%
Four Four (FORM) $3.48 ↑ 1.88%
FLOKI FLOKI (FLOKI) $0.00 ↑ 0.93%
Immutable Immutable (IMX) $0.61 ↑ 3.97%
dogwifhat dogwifhat (WIF) $1.15 ↑ 6.93%
Ethereum Name Service Ethereum Name Service (ENS) $30.87 ↑ 1.44%
PancakeSwap PancakeSwap (CAKE) $3.24 ↑ 15.83%
The Graph The Graph (GRT) $0.11 ↑ 5.67%
Lido DAO Lido DAO (LDO) $1.18 ↑ 9.24%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.59 ↑ 1.19%
Kaia Kaia (KAIA) $0.17 ↑ 2.02%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -1.12%
Sonic Sonic (S) $0.34 ↑ 3.23%
Tezos Tezos (XTZ) $0.92 ↑ 4.10%
Conflux Conflux (CFX) $0.19 ↑ 1.13%
Theta Network Theta Network (THETA) $0.94 ↑ 5.74%
PAX Gold PAX Gold (PAXG) $3,345.68 ↓ -0.28%
Vaulta Vaulta (A) $0.58 ↑ 1.23%
Raydium Raydium (RAY) $3.38 ↑ 10.59%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.01%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 2.67%
IOTA IOTA (IOTA) $0.22 ↑ 1.29%
Nexo Nexo (NEXO) $1.33 ↑ 2.21%
Gala Gala (GALA) $0.02 ↑ 5.21%
Tether Gold Tether Gold (XAUt) $3,341.89 ↓ -0.19%
The Sandbox The Sandbox (SAND) $0.32 ↑ 1.81%
Pyth Network Pyth Network (PYTH) $0.14 ↑ 7.57%
Pendle Pendle (PENDLE) $4.71 ↑ 7.90%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↑ 0.69%
Jito Jito (JTO) $2.07 ↑ 4.64%
Home Economy

Koinly vs . TaxBit: A Detailed 2023 Comparison

Sean Odhran by Sean Odhran
5 June 2023
in Economy
Reading Time: 4 mins read
0
Koinly-vs-TaxBit-A-Detailed-2023-Comparison

With all the changes happening in the crypto world it’s super important to have a way to report taxes on it that’s both accurate and efficient . You wouldn’t want to deal with IRS after all . So there are these two cool platforms called Koinly and TaxBit that help people and businesses deal with the tricky world of crypto taxes . In this comparison we’ll check out the features, pricing and benefits of both platforms so you can make a smart choice based on what you need .

Table of Contents

Toggle
  • Koinly: Streamlining Crypto Tax Reporting 
    • YOU MAY BE INTERESTED
    • Cardano (ADA) Price Prediction 2025–2026: Can It Break $1?
    • AVAX to $100 or Bust? Here’s What Analysts Say for 2025 and 2026
    • Features and Benefits of Koinly:
  • TaxBit: A Comprehensive Crypto Tax Solution 
    • Features and Benefits of TaxBit:
  • Final Words: 
        • It may get your attention:

Koinly: Streamlining Crypto Tax Reporting 

Koinly is a cool website that helps you with your crypto taxes . It makes it super easy to keep track of all your crypto stuff and report it for taxes . Koinly’s got you covered when it comes to reporting your crypto taxes with its easy-to-use interface and ability to integrate with lots of other stuff .

YOU MAY BE INTERESTED

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Features and Benefits of Koinly:

  1. Multi-Country Support: Koinly is up and running in more than 20 countries all over Europe, Asia, Oceania, and the Americas . It lets you make tax reports for your area with forms like 8949, Schedule D, K4, Rf1159, and Sheet 9A .
  2. Extensive Service Integration: Koinly can work with more than 6,000 blockchains, 350 exchanges (like Binance, Coinbase and Kraken) and 75 wallets without any issues . This lets you keep tabs on your stuff like trading, mining, staking, and DeFi transactions all in one place .
  3. Easy Data Import: Koinly’s got a bunch of ways to bring in your data like hooking up APIs uploading CSV files and importing keys with xPub/yPub/zPub . It can even move your crypto history from places like Nexo, BlockFi, Bitmex, Deribit and CoinTracking so you don’t have to worry about a thing .
  4. Free Account Option: Koinly’s got a free account option that lets you track up to 10,000 transactions and check out previews of your capital gains tax . This choice is great for folks who want to keep an eye on their crypto trades and activities for as long as they want .
  5. Comprehensive Resources and Support: Koinly has got you covered with a bunch of cool stuff like a Crypto Tax Calculator, Regional Tax Guides, a list of Tax Accountants and a Blog to keep you in the loop . The platform’s got your back with support options like the Support section, FAQ page, email, live chat and social media channels .Koinly-vs-TaxBit-A-Detailed-2023-Comparison-2

TaxBit: A Comprehensive Crypto Tax Solution 

TaxBit is a cool crypto tax software that’s got some big names backing it up . It’s like a one-stop shop for people and businesses who need help with cryptocurrency taxes .

Features and Benefits of TaxBit:

  1. Free for Individuals: TaxBit has got you covered with a free option so you can do as many transactions as you want . Plus you’ll get a super comprehensive 8939 form if you’re in the US . This cool feature makes TaxBit a great option for folks who want to report their crypto stuff accurately without spending extra cash .
  2. Consumer and Enterprise Support: TaxBit is cool for everyone whether you’re a regular person or a big company . They make everything super easy to use . It’s got different pricing options for businesses and can help out with a bunch of 1099 forms .
  3. TurboTax Integration and Exporting: TaxBit makes it easy to file your taxes by letting you export your tax data straight into TurboTax and other tax software that you prefer .
  4. Used by Regulatory Agencies: TaxBit is super professional and accurate, which has totally impressed regulatory agencies . These agencies have been using it to get a better grasp of the crypto world and its tax issues .
  5. Designed by CPAs and Tax Attorneys: TaxBit’s software is made by some really smart CPAs and tax lawyers who know their stuff . They make sure everything is legal and give you the right numbers for your taxes .

Final Words: 

So, Koinly and TaxBit are both great options for reporting your crypto taxes . They each have their own strengths and are good for different people . Koinly is awesome because it can integrate with a lot of stuff, supports multiple countries and has a free account option for regular folks . It’s a great choice if you’ve got a bunch of different cryptocurrencies . TaxBit is pretty cool because they have a free option for regular folks, they help out big businesses, they work with TurboTax and the government thinks they’re legit . When you’re picking between these two platforms make sure to think about what you want and what you need so you can have a chill and on-point crypto tax reporting experience .

It may get your attention:

Streamlining Tax Compliance: A Comprehensive Review of the Best Crypto Tax Software Tools

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Sean Odhran

Sean Odhran

Financial Writer Hello there, my name is Sean, and I'm a financial reporter with a particular interest in the world of cryptocurrency. I'm passionate about delivering accurate and insightful reporting that helps my readers navigate the complex world of finance and make informed decisions about their investments.

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