CoinTracking vs Koinly Comparison
Pros & Cons
- Support for over 300 exchanges, wallets and blockchains is viewed positively
- Tax reports available in 27+ formats, including FIFO, LIFO, HIFO, ACB and AVCO
- Free entry-level use with up to 200 transactions possible
- Full API access for automated data import
- Lifetime license options available alongside annual plans (40 to 700 EUR/year)
- Integrated DeFi, staking, mining and NFT tracking
- Onboarding effort for extensive portfolios occasionally criticized
- User interface for beginners has room for improvement
- Native mobile app has room for improvement; usage currently via web version
- Supports over 800 exchanges and wallets
- Simple, beginner-friendly setup is appreciated
- Integrated DeFi, staking, and mining tracking
- Free portfolio tracking available without payment obligation
- Support for FIFO, LIFO, HIFO, and ACB as tax methods
- Audit support is currently not available and is occasionally criticized
- Pricing structure for high transaction volumes (USD 49 to 279/year) is room for improvement
- German localization is room for improvement, with a focus on the English-speaking market
Score Comparison
User Experiences
AI AnalysisThe analyzed user data on CoinTracking paints an overall rather positive picture from the users' perspective. Users most often mention the clear layout, the easy operation, and the tax reports. At the same time, users occasionally report criticism regarding the pricing level, language settings, and individual app-related topics.
Not enough reviews available.
This analysis is based on 409 user reviews evaluated by AI from the Apple App Store, Trustpilot, and Google Play Store. The total number of reviews on the respective platforms may be higher — the platform ratings (star ratings) shown refer to all reviews available there. The ratings presented reflect user experiences and do not represent the website operator's own assessment. All information is provided without guarantee. Status: April 2026. This comparison does not constitute investment advice.
Features
| ✓ | DeFi Support | ✓ |
| ✓ | Tax Advisor Export | ✓ |
| ✓ | FIFO Method | ✓ |
| ✓ | LIFO Method | ✓ |
| ✓ | API Access | ✓ |
| ✓ | Mobile App | ✓ |
| ✓ | Free Plan | ✓ |
| ✓ | NFT Tracking | ✓ |
| ✓ | Staking Tracking | ✓ |
| ✓ | Audit Support | ✓ |
- More than 100 countries are supported with country-specific tax reports
- Self-hosted option available for maximum data control
- CPA partnerships for professional tax advice
- Comprehensive support for all common tax methods (FIFO, LIFO, HIFO, ACB, AVCO)
- Mobile app available for iOS and Android
- Support for over 20 countries with country-specific tax reports
- Live chat and email support for quick help
- Automatic import via API and wallet addresses
The five areas head to head
AI AnalysisFees & Costs
When it comes to fees and costs, the overall view in the reviews is mixed. Some users appreciate the value for money, while others occasionally consider the price too high. Overall, users report both positive and critical impressions regarding the costs.
Importing is free: up to 10,000 transactions can be loaded, wallets and exchanges connected without limit, and capital gains previewed. Payment is only due when downloading the finished tax report, charged per tax year: around $49 for 100 transactions, $99 for 1,000, $199 for 3,000 and $299 from 10,000 upwards. Anyone needing a report once a year pays for that year only. As of August 2026.
Usability & User Experience
According to reviews, CoinTracking is frequently praised for its clear interface and easy operation. Users also report an intuitive app, although usability is occasionally described as confusing. Several users would additionally like a German language option or a more flexible language setting.
Setup is regarded as the most approachable entry point among tax tools: exchanges connect by API or CSV and categorisation runs largely automatically. Users with heavy DeFi activity still need to reconcile manually. As of August 2026.
Features & Offering
Among the most frequently mentioned features in the user data are above all the tax reports, which are highlighted positively by users. In addition, users would like more APIs in the interfaces and, occasionally, a profit display in EUR and Touch ID. Overall, users would still like improvements to certain app features.
More than 800 exchanges and wallets are connected. Country-specific tax reports are available for the US, UK, Canada, Australia, Germany and around 20 further jurisdictions, which matters because the output has to match the local filing format. Portfolio tracking and iOS and Android apps round this out. As of August 2026.
Stability & Security
Users report a mixed picture regarding stability and reliability. Occasionally, they mention login issues as well as cases in which the app freezes or crashes. Overall, users would like more reliability in this area.
Not enough reviews available.
Customer Support
The support is described mostly positively in the analyzed user reviews. Users report friendly support and in some cases also highlight the service in a positive way. Overall, customer support is perceived rather positively by users.
Not enough reviews available.
Details
Verdict
In our overall rating CoinTracking leads with 4.9 against 4.6 for Koinly.
For most investors CoinTracking is therefore the better choice.
CoinTracking is considered one of the longest-established and feature-rich crypto tax tools on the market. With over 300 exchange integrations and 27+ export formats, the platform is especially valued by experienced crypto investors and tax advisors. Support for all common tax methods — including FIFO, LIFO, HIFO, ACB and AVCO — makes CoinTracking particularly relevant for German users, as the FIFO method is considered the standard in Germany. Coverage of more than 100 countries with country-specific tax reports is also viewed positively.
Especially noteworthy is the ability to fully record DeFi, staking, mining, and NFT transactions. The free entry-level option with up to 200 transactions allows users to try the software without obligation at first. In addition, CoinTracking also offers a self-hosted option for maximum data control — an aspect that many users in the crypto space consider important. The price range of 40 to 700 EUR per year as well as lifetime license options provide flexible models for different portfolio sizes.
The user interface is occasionally described by beginners as room for improvement, and the onboarding effort for extensive portfolios should not be underestimated. A native mobile app is currently not available; usage takes place via the web version. Overall, CoinTracking is considered especially suitable for advanced investors and professional users who are looking for a comprehensive tool with maximum flexibility in tax methods and export formats.
Koinly is especially valued for its beginner-friendly interface and broad coverage of more than 800 exchanges and wallets. The setup is considered straightforward, which is particularly helpful for users who are dealing with the tax reporting of cryptocurrencies for the first time. With support for FIFO, LIFO, HIFO, and ACB as tax methods, Koinly covers the calculation methods commonly used in Germany. DeFi, staking, and mining transactions are also automatically recognized and categorized.
The free portfolio tracking makes it easy to get started without having to pay right away. The mobile app for iOS and Android is positively regarded as a practical addition to the web version. The pricing tiers from USD 49 to 279 per year are considered moderate in market comparison, although the costs at high transaction volumes are seen as room for improvement. Koinly offers country-specific tax reports for more than 20 countries, underlining its international usability.
The German localization is occasionally described as room for improvement, as the focus is more on the English-speaking market. Audit support is also currently missing, which may be relevant for users with more complex tax requirements. Overall, Koinly is seen as a solid choice for beginners and users with medium transaction volumes who are looking for an intuitive tool with broad exchange coverage and mobile access.