Koinly

Crypto Tax Reporting and Portfolio Tracking

Koinly

Koinly is an intuitive and cost-effective solution for managing crypto tax reporting. It automatically imports transactions from your wallets and exchanges, helping you track gains, losses, and income across over 6,000 cryptocurrencies. Koinly simplifies the process of generating tax reports, ensuring compliance with local tax laws while providing clear portfolio insights. This tool is ideal for organizations just starting with crypto taxes, offering scalability as your financial operations grow.

Koinly connects to your crypto wallets and exchanges, such as MetaMask and Safe, and tracks transactions for tax reporting purposes. It pulls data from platforms where assets are stored or transacted—like Kinesis, Multis, and Giveth—to create comprehensive tax reports and help with compliance. This app ensures that you are tax-compliant across both traditional and crypto operations.

Key Features of Koinly for Crypto Tax Reporting

Automated Transaction Tracking: Koinly automatically imports transactions from multiple wallets and exchanges (e.g., MetaMask, Safe), making it easier to track all crypto activity across platforms.

Tax Report Generation: Koinly generates tax reports based on crypto activity, including capital gains, losses, and taxable events, ensuring compliance with tax authorities.

Multi-Jurisdiction Support: It supports tax regulations across multiple countries, making it adaptable for organizations with global operations.

Fiat and Crypto Integration: Koinly tracks both crypto-to-fiat conversions and transactions across various tokens and stablecoins, helping ensure accurate reporting for hybrid finance.

DeFi and NFT Taxation: Supports decentralized finance (DeFi) and NFT transactions, providing a comprehensive overview of taxable events related to yield farming, staking, and token swaps.

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