Managing crypto taxes is an overwhelming challenge. Juggling multiple exchanges wallets DeFi transactions and NFTs can turn tax season into a nightmare often leading to costly errors and missed deadlines. The good news is it does not have to. Koinly is the globally trusted AI powered platform designed to eliminate this complexity. Koinly guarantees you are accurate and compliant in minutes.
What is Koinly? The Smart Automated Solution
Koinly is the world’s leading cryptocurrency tax and portfolio tracking tool trusted by over 1.5 million users worldwide. It is a comprehensive compliance engine that centralizes all your crypto activity regardless of its source to provide unparalleled accuracy.
Koinly’s proprietary AI engine instantly and automatically handles the most complex tasks:
- Seamless Integration: Connects with over 900 exchanges wallets and blockchains to automatically import your entire history via API or CSV.
- Intelligent Classification: Correctly tags all taxable events including staking rewards mining income airdrops and complex DeFi activity.
- Smart Transfer Matching: Crucially it automatically detects non taxable movements between your own wallets for example Coinbase to MetaMask preventing you from accidentally over reporting your gains.
- Local Compliance: Applies the precise tax method for example FIFO LIFO or Average Cost required by your jurisdiction.
5 Reasons Koinly is the Ultimate Crypto Tax Software
- Guaranteed Accuracy and Compliance: Eliminates manual errors and makes certain your final report is fully compliant with local tax regulations ready for filing or your accountant.
- Unrivaled Token and Exchange Support: Tracks virtually every asset supporting over 20000 tokens and 170+ exchanges covering all your Bitcoin Ethereum NFT and DeFi investments.
- Maximum Deductions Minimum Effort: Automatically calculates your cost basis using the correct method helping you maximize potential deductions and minimize your tax bill.
- Effortless Integration: Syncing takes minutes just enter a public wallet address or connect an exchange API. Your entire history is organized instantly.
- Professional Reports for Easy Filing: Generates a ready to file report like the IRS Form 8949 for US users that works seamlessly with popular tax software like TurboTax or can be handed directly to your CPA.
Special Offer: Start Your Simplified Tax Journey Today
Ready to cut the stress and verify total tax compliance? Koinly plans start at just $49 but you can sign up now and take advantage of an exclusive offer: Save $20 on your first tax report!
How Does Koinly Work in 3 Simple Steps?
- Sync Your Accounts: Connect your wallets for example Metamask and exchanges for example Binance via API or CSV upload. Koinly pulls your history automatically.
- Review and Confirm: Koinly’s AI processes your data and flags any missing info or errors for a quick fix. You can view your entire calculated tax liability for free before you ever pay for a plan.
- Download Your Report: Instantly generate your comprehensive CPA ready tax report. Done!
Final Thoughts: Stop Waiting Start Saving
Do not let the complexity of crypto taxes paralyze your investing. With Koinly’s automated accuracy and ease of use you can streamline the entire process save countless hours and be confident you are fully compliant. The $20 off your first tax report makes it the most cost effective solution on the market.