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Koinly Review 2025 — Ultimate Guide to Crypto Tax & Portfolio Tracking

1. What Is Koinly?

Koinly is a powerful crypto tax and portfolio tracking platform that helps users import transaction data from exchanges, wallets, and blockchains, automatically calculate capital gains and income, and generate ready‑to‑file tax reports tailored to local tax laws. Koinly Help Center

It’s not a wallet or broker — it organizes your existing data to make tax compliance easier. Koinly Help Center

2. How Koinly Works — A Quick Breakdown

  1. Connect Wallets & Exchanges — Import via API, CSV or public wallet address. TechBloat

  2. Automatic Reconciliation — Transfers between wallets are automatically matched to avoid phantom taxable events. MaestroSites

  3. Categorize Transactions — Trades, staking rewards, airdrops, mining income, and DeFi transactions are labeled and classified. TechBloat

  4. Generate Tax Reports — Download compliant tax documents (e.g., IRS Form 8949, HMRC reports). TechBloat

3. Key Features That Set Koinly Apart

3.1 Massive Integration Support

Koinly connects with 900+ exchanges and wallets, including Binance, Coinbase, Kraken, MetaMask, Ledger, Trust Wallet, and more. MaestroSites

It also supports 150+ blockchains such as Ethereum, Solana, Polygon, Bitcoin, Avalanche, etc., ensuring almost all crypto assets can be tracked in one place. MaestroSites

3.2 DeFi, NFT & Complex Transaction Support

Koinly handles advanced transactions like:

  • DEX swaps

  • Liquidity pool deposits/withdrawals

  • Yield farming rewards

  • NFT minting & trading
    These are included in its automatic classification and calculation logic. MaestroSites

3.3 Multiple Accountancy Methods

Users can select different cost‑basis accounting methods such as FIFO, LIFO, Highest‑Cost, Lowest‑Cost, etc., allowing flexibility for local tax rules. Coinweb

3.4 Real‑Time Portfolio Tracking

Beyond taxes, the dashboard shows live portfolio value, historical charts, and realized/unrealized gains — helping users monitor performance alongside tax implications. MaestroSites

4. Pricing & Plans (2025)

Koinly offers tiered plans based on number of transactions per year. You can also start with a free plan to preview your data and gains before purchasing. Koinly+1

PlanTransactions CoveredIncludes Tax Reports?

FreeUp to 10,000❌ (Preview Only)

Newbie~100✔️

Hodler~1,000✔️

Trader~3,000+✔️

Pro / Custom10,000+✔️

Prices start at around $49/year for basic tax reports and increase based on usage. Koinly

You can also pay with crypto or credit card. Koinly Help Center

5. Pros & Cons — What Users Should Know

✅ Pros

  • Massive support for exchanges and wallets — covers almost all major platforms. MaestroSites

  • Automated import and matching — eliminates most manual work. MaestroSites

  • Real‑time portfolio insights — track performance alongside tax calculations. MaestroSites

  • Reports for multiple jurisdictions — includes IRS, HMRC, and others. TechBloat

  • Intuitive UI for beginners & experts. TechBloat

❌ Cons

  • Can get expensive for high‑volume traders due to per‑transaction pricing. thecryptotaxhub.com

  • Some complex DeFi or cross‑chain transactions may need manual cleanup. XT.com

  • No built‑in two‑factor authentication reported in some reviews. XT.com

6. Real‑World User Feedback

While most reviewers praise Koinly’s features and accuracy, some users report issues such as:

  • API sync/timestamp mismatches for specific exchanges. Reddit

  • Steep learning curve for large portfolios. Reddit

  • Account sync challenges with VPN usage reported by privacy‑focused users. Reddit

This highlights that while Koinly is powerful, it’s important to review your imported data carefully before finalizing reports.

7. Who Is Koinly Best For?

🎯 Beginner & intermediate crypto investors who want a simple way to calculate gains and file taxes.
📊 Active traders and DeFi users who need advanced classification and multi‑chain support.
📈 Accountants or tax professionals dealing with clients with multiple wallets and exchanges.

8. Conclusion — Should You Use Koinly in 2025?

Koinly remains one of the top crypto tax tools in 2025 thanks to its extensive integrations, automated workflows, and robust reporting capabilities, making tax time easier and more accurate for users worldwide. thecryptotaxhub.com

Whether you’re a casual investor or an active trader, Koinly can simplify your tax reporting and give you meaningful insights into your crypto portfolio.

If you want, I can also write a shorter version, a comparison with alternatives (like CoinLedger, CoinTracker, etc.), or site HTML ready for publishing. Just tell me!

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