If you're deciding between Koinly and CoinTracker, the core question is: how many transactions do you have and do you use DeFi? CoinTracker's free plan (up to 25 transactions) is genuinely useful for light portfolios. Koinly wins almost everything else — broader exchange coverage, lower mid-tier pricing, and stronger DeFi support. We compared both platforms using their official pricing schedules, published feature documentation and exchange-support lists.
| Feature | Koinly | CoinTracker |
|---|---|---|
| Exchanges & Wallets Supported From each platform's official integrations/supported-exchanges page, June 2026. | 750+ ✓ | 500+ |
| Free Plan Free plan details from each platform's published pricing page. | Preview only (no download, any tx count) | Full report, up to 25 tx ✓ |
| Entry Paid Plan From each platform's published pricing schedule, June 2026. | $49/year (up to 100 tx) ✓ | $59/year (up to 100 tx) |
| Plan for 1,000 Transactions From each platform's published pricing schedule. | $99/year ✓ | $199/year |
| Plan for 3,000+ Transactions From each platform's published pricing schedule. | $179/year (up to 3,000 tx) ✓ | $299/year (up to 3,000 tx) |
| TurboTax Export Both platforms export TurboTax-compatible files. CoinLedger (not compared here) offers direct TurboTax Online integration. | Yes (TurboTax-compatible file + CSV) | Yes (TurboTax-compatible file) |
| DeFi Transactions Based on published feature pages and help documentation. | Yes — DeFi categorisation across major chains ✓ | Partial — basic DeFi on paid plans |
| NFT Support From published feature documentation. | Yes — NFT trades and royalties ✓ | Limited — on paid plans |
| Accounting Methods From each platform's published feature pages. | FIFO, LIFO, HIFO, ACB, Share Pool ✓ | FIFO, HIFO, LIFO |
| Tax-Loss Harvesting From published feature pages. | Yes — unrealised gains dashboard ✓ | Yes — Pro plan |
| Countries Supported From each platform's published country support pages. | 20+ (US, UK, CA, AU, DE + more) ✓ | US, UK, CA, AU |
| Customer Support From each platform's published support page. | Email + chat on paid plans ✓ | Email on paid plans |
Frequently Asked Questions
Is Koinly better than CoinTracker?
For most investors, yes. Koinly supports 750+ exchanges (vs CoinTracker's 500+), charges $99/year for 1,000 transactions (vs CoinTracker's $199/year), and has stronger DeFi and NFT transaction support. CoinTracker is the better choice only if you have 25 or fewer transactions per year and want a completely free report.
Is CoinTracker free?
CoinTracker offers a permanently free plan that generates a full tax report for portfolios with up to 25 transactions per year. Above that threshold, a paid plan is required. Koinly's free plan lets you preview your tax summary but does not allow downloading or filing — a paid plan is needed to export your report.
Does Koinly work with TurboTax?
Yes. Koinly generates a TurboTax-compatible file (specifically a CSV compatible with TurboTax's import format) on any paid plan. You download the file from Koinly and upload it to TurboTax. CoinTracker offers the same file-export method.
Which is better for DeFi — Koinly or CoinTracker?
Koinly is the stronger choice for DeFi users. It supports categorisation of DeFi transactions (liquidity pools, staking rewards, yield farming) across major chains including Ethereum, Solana, Polygon, and others. CoinTracker has more limited DeFi support, particularly for complex multi-step DeFi interactions.
Can I switch from CoinTracker to Koinly?
Yes. Both platforms allow you to import transaction history via CSV or API. You would need to connect your exchanges and wallets to Koinly from scratch — there is no direct 'import from CoinTracker' feature, but the underlying exchange data can be re-synced. If you have a current CoinTracker plan, check whether your subscription period has expired before switching.