ChainTaxly
Review

Koinly Review (2026): Pricing, Exchange Support & Who It's Best For

By ✓ Fact-checked

★★★★★ 5/5

Our verdict Koinly is the best crypto tax software for most investors in 2026. It covers 750+ exchanges and wallets — more than any major competitor — supports DeFi categorisation, NFT trades, staking and airdrops, and generates IRS-compliant Form 8949 reports with TurboTax-compatible export. Paid plans start at $49/year for up to 100 transactions, rising to $99 for 1,000 and $179 for 3,000. A free plan lets you preview your tax summary (but not download or file) for any portfolio size. For active traders or anyone using DeFi, Koinly's combination of breadth and price makes it the strongest option in its category.
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Pros

  • ✓ 750+ exchange and wallet integrations — broadest coverage of any major platform
  • ✓ Supports DeFi transactions (liquidity pools, yield farming, staking) across major chains
  • ✓ NFT trade tracking included on paid plans
  • ✓ Multiple accounting methods: FIFO, LIFO, HIFO, Average Cost Basis, Share Pool
  • ✓ Generates IRS Form 8949, Schedule D, and TurboTax-compatible export files
  • ✓ Free plan available for portfolio preview (no transaction limit for previewing)
  • ✓ Tax-loss harvesting dashboard shows unrealised gains and losses
  • ✓ Available in 20+ countries including US, UK, Canada, Australia, Germany

Cons

  • ✗ Free plan does not allow downloading or filing — a paid plan is required to export your report
  • ✗ Entry plan ($49/year) covers only 100 transactions — active traders pay $99–$179/year
  • ✗ DeFi support quality varies by protocol and chain — check Koinly's help center for specific integrations
  • ✗ Customer support (email + chat) is only available on paid plans
  • ✗ Annual pricing model means you pay for each tax year you want to file, not a one-time purchase

Frequently Asked Questions

Is Koinly free?

Koinly has a free plan that lets you connect exchanges and preview your tax summary — including total gains, losses and estimated tax — without a transaction limit. However, you cannot download your tax reports (Form 8949, Schedule D, TurboTax export) on the free plan. A paid plan starting at $49 per tax year is required to download and file.

How much does Koinly cost in 2026?

Koinly's paid plans are priced per tax year: $49 for up to 100 transactions, $99 for up to 1,000, $179 for up to 3,000, and $279 for up to 10,000 (Trader plan). An Accountant plan for unlimited transactions is available at a higher price. Prices are from Koinly's published pricing page and can change — verify on koinly.io before purchasing.

Does Koinly work with TurboTax?

Yes. Koinly generates a TurboTax-compatible CSV file on any paid plan. You download the file from Koinly and upload it directly into TurboTax's crypto import flow. Koinly also exports IRS Form 8949 and Schedule D separately if your accountant needs them.

Is Koinly safe?

Koinly connects to exchanges via read-only API keys — it can read your transaction history but cannot place trades or withdraw funds. It does not store private keys or wallet seed phrases. Read-only API access is the standard integration method for tax software across the industry. As with any third-party tool, use API keys with 'read only' or 'view only' permissions enabled, and revoke access after generating your report if you prefer.

Does Koinly support DeFi transactions?

Yes. Koinly categorises DeFi transactions including liquidity pool deposits and withdrawals, yield farming rewards, staking income, and governance tokens received. Coverage varies by chain and protocol — Ethereum, Polygon, BNB Chain, Solana and other major chains are well-supported. For specific protocols, check Koinly's help center to confirm support before relying on it for your report.

What exchanges does Koinly support?

Koinly supports 750+ exchanges, wallets and blockchains including Coinbase, Binance, Kraken, Gemini, Crypto.com, KuCoin, OKX, Bybit, and many others, plus all major hardware wallets (Ledger, Trezor) via direct CSV or public address import. The full list is on Koinly's integrations page.

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