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.

Feature	Koinly	Blockpit.io
Overall Score	N/A	N/A
Primary Category	Bitcoin & Cryptocurrency	Bitcoin & Cryptocurrency

Product Overview

Koinly

Description: 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.

Blockpit.io

Description: 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.

Key Features Comparison

Koinly Features

• 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

Blockpit.io Features

• 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

Pros & Cons Analysis

Koinly

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

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

Pricing Comparison

Koinly

• Freemium
• Subscription-Based

Blockpit.io

• Subscription-Based