Koinly Review: Best Crypto Tax Software for Multi-Chain Portfolios

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Koinly is a leading crypto tax software and portfolio tracker that automatically imports transactions from 900+ exchanges, wallets, and blockchains. It calculates capital gains, losses, income from staking, DeFi, NFTs, mining, and airdrops, then generates ready-to-file tax reports for 20+ countries (including US Form 8949, Schedule D, ATO, HMRC, and more). Founded to solve the complexity of modern crypto taxes, it offers free portfolio tracking and capital-gains previews, with paid plans only when you need to download official reports.

Koinly is ideal for crypto investors, traders, and DeFi users who deal with multiple exchanges and wallets and want accurate, jurisdiction-specific tax reports without manual spreadsheet work.

Highlights

• Smart transfer matching that excludes internal moves from taxable events
• Supports 20,000+ cryptocurrencies and years of historical price data
• Clean dashboard with ROI, holdings, and tax optimizer insights
• Pay only for the tax years you need — no forced subscriptions
• Strong international coverage and accountant-friendly features

Potential Considerations

• Full tax-report downloads require a paid plan based on transaction count
• Very complex or brand-new DeFi protocols may need some manual labeling
• Pricing scales with total transaction volume (not just the current year)

Overall Verdict: 4.7/5 stars

Koinly remains one of the most comprehensive and reliable crypto tax platforms available. It turns chaotic multi-chain activity into clear, compliant reports while keeping portfolio tracking free and accessible.

Get started: https://quasa.io/projects/koinly