Koinly
vs
Waltio
Pros & Cons
Pros
- 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
Cons
- 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
Pros
- More than 700 exchanges, wallets and blockchains supported
- Full DeFi coverage including staking, lending, NFTs and airdrops
- Free plan for portfolio tracking; you pay only for the tax report
- FIFO, LIFO and HIFO available as calculation methods
- Works with tax firms and offers support in the event of an audit
- Guided setup that stays followable for beginners
Cons
- Pronounced French focus – export formats such as form 2086 are of no use elsewhere
- No public API, so you cannot connect your own tools
- The free plan produces a portfolio overview, not a tax report
- Prices reach €999 a year, which gets expensive at high transaction volumes
- Chat support is reserved for paid plans
Features
KoinlyWaltio
| ✓ | DeFi Support | ✓ |
| ✓ | Tax Advisor Export | ✓ |
| ✓ | FIFO Method | ✓ |
| ✓ | LIFO Method | ✓ |
| ✓ | API Access | ✓ |
| ✓ | Mobile App | ✓ |
| ✓ | Free Plan | ✓ |
| ✓ | NFT Tracking | ✓ |
| ✓ | Staking Tracking | ✓ |
| ✓ | Audit Support | ✓ |
- 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
- Free entry point covering 50 transactions
- Tax coverage for Germany, France, Belgium, Spain and Italy
- Web application, usable on mobile
- Two-factor authentication to protect your account