Koinly: Reliable Crypto Tax Software
Description
Koinly is a comprehensive cryptocurrency tax software that offers users reliable tax reports and the ability to import their transactions from transactions from exchanges and wallets. Through the automated data import, users are able to connect their accounts via API and sync their data to Koinly for a complete view of all their trading activity. The software supports over 23,000 cryptocurrencies, 400 exchanges and 100 wallets such as Coinbase, Binance, Ledger and Trezor. Koinly also helps track and calculate taxes and generate tax documents for users in the US, Canada, the UK, Germany, Sweden and many other countries. Furthermore, the software uses AI to detect transfers within wallets and exclude them from tax reports. Additionally, Koinly relies on 10+ years of historical crypto and fiat prices, 170+ blockchains and 30+ services for accurate calculations.