Cost comparison
Not enough reviews available.
TaxBit is a tax reporting platform for businesses: exchanges, wallets, fintechs, payment providers, marketplaces and banks use it to produce reports under CARF, DAC8, CRS 2.0 and 1099-DA across more than 70 jurisdictions. Pricing is set by individual quote.
| Offer | Cost at TaxBit |
|---|---|
| Enterprise licence | priced by scope, quote after a demo |
| Government and public sector | separate offer on request |
| Individual investors | consumer platform ran until 30 October 2023, since then focused on businesses and government |
Tip for individual investors: For your own tax return, tools with a fixed annual plan based on the number of transactions and a local tax report are the better fit. We compare their plans in our crypto tax software comparison.
As of 22 October 2026 according to taxbit.com.
Pros & Cons
- 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
- Reporting for more than 70 jurisdictions, including CARF, DAC8 and 1099-DA
- All tax methods available, including custom methods
- SOC 2-certified, bank-level security
- Full enterprise API for seamless integration
- Personal account manager for enterprise customers
- Businesses and government only, consumer platform closed at the end of October 2023
- Pricing on request, public pricing has room for improvement
- Setup is considered complex, professional support is recommended
Features
| available | DeFi Support | not available |
| not available | Tax Advisor Export | not available |
| available | FIFO Method | available |
| available | LIFO Method | available |
| not available | API Access | not available |
| not available | Mobile App | not available |
| not available | Free Plan | not available |
| available | NFT Tracking | available |
| available | Staking Tracking | available |
| not available | Audit Support | not available |
- 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
- Complete compliance suite for tax audits
- 3 billion transactions processed in tax year 2025
- SOC 2 certification and bank-level security
- Custom enterprise reports and tax forms
The five areas head to head
AI AnalysisFees & 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.
Not enough reviews available.
Usability & User Experience
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.
Not enough reviews available.
Features & Offering
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.
Not enough reviews available.
Details
Verdict
In our overall rating Koinly leads with 4.6 against 4.1 for TaxBit.
For most investors Koinly is therefore the better choice.
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.
TaxBit is regarded as one of the leading enterprise solutions in the area of crypto tax compliance. With reporting for more than 70 jurisdictions, the platform is primarily aimed at companies, institutional investors, and crypto exchanges that need a comprehensive compliance infrastructure. The SOC 2-certified, bank-level security and the complete compliance suite for tax audits are positively viewed in professional circles as quality features.
The platform supports all common tax methods, including custom calculation methods, allowing maximum flexibility in tax processing. The full enterprise API enables seamless integration into existing systems, and a personal account manager is available to enterprise customers. With 3 billion transactions processed in tax year 2025 and more than 50 million accounts (TaxBit figures, October 2026), TaxBit has an extensive data foundation that supports calculation accuracy.
TaxBit has not served individual investors since the end of October 2023 and now focuses entirely on businesses and government. Pricing is available only on request, which makes comparison with other providers more difficult. Setup is also considered complex and usually requires professional support. TaxBit is therefore a fit for companies and institutional users; individual investors will find suitable tools in our crypto tax software comparison.