What Is Koinly?
Koinly is a cryptocurrency tax software that helps you easily calculate taxes on your crypto trades and investments. It supports over 7,000 coins and tokens, provides real-time price updates, and offers comprehensive capital gains reports. The platform also integrates with popular wallets like Coinbase Pro, Binance and Kraken so you can automatically track all of your transactions in one place. Koinly helps users to generate up-to-date capital gains/losses report for filing taxes in the US, UK & Australia as well as other countries where crypto tax laws apply.
Is Koinly Any Good?
Yes! Koinly is rated highly by its users for providing an easy to use interface, helpful customer support and accurate calculations of taxes on crypto transactions. Koinly is also constantly improving its platform by introducing new features and making it more user-friendly.
Who Is Behind Koinly?
Koinly was founded in 2018 by two entrepreneurs, Anirudh and Bishal, who were looking for a better way to calculate their taxes on cryptocurrency investments. Since then, the team has grown to include experienced engineers, designers and business developers who have worked together to build one of the most popular crypto tax calculators available today.
Does Koinly Require KYC?
No, Koinly does not require users to submit any personal information or identity documents as part of its onboarding process. That said, it is recommended that users provide their personal details (name, address, etc.) to ensure accurate calculations and tax reports. This information is kept secure and confidential at all times. Koinly also complies with GDPR and other international data privacy laws.