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Koinly vs CoinLedger
The international option against the US-focused one.
Both links below are affiliate links — what that means. It does not change what is written here; every entry carries a drawback for the same reason.
Short answer
Choose Koinly if…You file anywhere other than the US, or your history includes real DeFi activity.
Visit Koinly →Choose CoinLedger if…Your return ends up in TurboTax or TaxAct. The hand-off is smoother than anything else here.
Visit CoinLedger →Side by side
| What is being compared | Koinly | CoinLedger |
|---|---|---|
| Launched | 2018 | 2018 |
| Based / registered | United Kingdom | United States |
| Who holds the assets | Not applicable — read-only imports | Not applicable — read-only imports |
| Identity verification | None | None |
| Available to US residents | Yes, plus around 20 other countries | Yes — strongest in the US |
| Includes |
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What each one is actually good at
KoinlyThe widest country coverage, and you can import everything and see your gain before paying — you only pay to export the report.
Worth knowing. Pricing is per tax year and rises steeply with transaction count. A busy DeFi year can cost more than an accountant would charge to check it.
CoinLedgerThe smoothest hand-off into US consumer tax software — if your return ends up in TurboTax, this removes the most friction.
Worth knowing. Much less useful outside the US than Koinly, and DeFi coverage is thinner. Pricing is also per tax year.
What do they cost?
Both charge per tax year, and both scale the price with how many transactions you have — which means the cost depends entirely on your own history rather than on a headline number. Check yours against the live pricing:
Before paying for either, it is worth trying our own tax report generator — it is free, covers 12 countries, and runs in your browser. For a straightforward history it may be all you need; for years of DeFi it will show you what you are up against.
Frequently asked questions
＋What is the practical difference?
Coverage and reach. Koinly supports a wider set of countries and integrations; CoinLedger is US-centric and generally simpler to get through. If you file outside the US, that narrows the choice considerably on its own.
＋Will either import my DeFi activity correctly?
Both attempt it and neither is perfect — DeFi is where every tax tool struggles, because a single on-chain action can be several taxable events and the software has to infer intent. Expect to review and correct the trickiest transactions manually whichever you pick.
＋Does the tool decide my cost-basis method?
It applies the method, but your country usually decides which method is allowed — Canada mandates adjusted cost base, the UK uses share pooling, and so on. A tool that lets you pick freely is not giving you an option so much as a chance to file incorrectly.
Before you commit
Availability changes. Regulators bar platforms, platforms withdraw from markets, and this page was last checked on 2026-08-05 — confirm on the platform’s own terms that it serves your country before you sign up.
And before paying either: the rules for your own country decide most of the answer. Crypto tax in 22 countries covers what the software is actually applying on your behalf.