Koinly vs Blockpit.io

Struggling to choose between Koinly and Blockpit.io? Both products offer unique advantages, making it a tough decision.

Koinly is a Bitcoin & Cryptocurrency solution with tags like cryptocurrency, bitcoin, tax, accounting, capital-gains, income, deductions, reports.

It boasts features such as Automatically imports transactions from exchanges and wallets, Generates capital gains/loss reports, Supports over 300 exchanges and wallets, Tax loss harvesting tools, Multi-currency support, Audit protection guarantee and pros including Easy to use interface, Integrates with many exchanges/wallets, Generates necessary tax forms, Good customer support, Reasonably priced.

On the other hand, Blockpit.io is a Bitcoin & Cryptocurrency product tagged with cryptocurrency, tax, reporting, portfolio-tracking, capital-gains, compliance.

Its standout features include Automatic import of trading data from exchanges and wallets, Generation of capital gains reports and tax forms, Portfolio tracking and performance analysis, Support for multiple cryptocurrencies, Compliance with tax regulations in various countries, User-friendly interface and customizable dashboards, and it shines with pros like Saves time and effort in tax reporting, Ensures tax compliance for cryptocurrency investors, Provides comprehensive portfolio tracking and analysis, Supports a wide range of cryptocurrencies, Offers a user-friendly and intuitive platform.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Koinly

Koinly

Koinly is a cryptocurrency tax software that helps users calculate capital gains, income and deductions for tax purposes. It connects to crypto exchanges and wallets to track transactions and generate tax reports.

Categories:
cryptocurrency bitcoin tax accounting capital-gains income deductions reports

Koinly Features

  1. Automatically imports transactions from exchanges and wallets
  2. Generates capital gains/loss reports
  3. Supports over 300 exchanges and wallets
  4. Tax loss harvesting tools
  5. Multi-currency support
  6. Audit protection guarantee

Pricing

  • Freemium
  • Subscription-Based

Pros

Easy to use interface

Integrates with many exchanges/wallets

Generates necessary tax forms

Good customer support

Reasonably priced

Cons

Limited free plan

No mobile app

Some unsupported smaller exchanges


Blockpit.io

Blockpit.io

Blockpit.io is an online tax reporting and portfolio tracking platform for cryptocurrencies. It automatically imports trading data to generate capital gains reports and tax forms needed to comply with regulations.

Categories:
cryptocurrency tax reporting portfolio-tracking capital-gains compliance

Blockpit.io Features

  1. Automatic import of trading data from exchanges and wallets
  2. Generation of capital gains reports and tax forms
  3. Portfolio tracking and performance analysis
  4. Support for multiple cryptocurrencies
  5. Compliance with tax regulations in various countries
  6. User-friendly interface and customizable dashboards

Pricing

  • Subscription-Based

Pros

Saves time and effort in tax reporting

Ensures tax compliance for cryptocurrency investors

Provides comprehensive portfolio tracking and analysis

Supports a wide range of cryptocurrencies

Offers a user-friendly and intuitive platform

Cons

Potential privacy concerns with sharing financial data

Limited support for some smaller or lesser-known cryptocurrencies

Subscription-based pricing model may not be suitable for all users