Koinly vs Rotki

Struggling to choose between Koinly and Rotki? 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, Rotki is a Bitcoin & Cryptocurrency product tagged with portfolio, tracker, accounting, cryptocurrency.

Its standout features include Portfolio tracking, Multi-exchange and wallet support, Profit/loss calculations, Cost basis tracking, Tax reporting features, Open source codebase, Desktop and mobile apps, and it shines with pros like Free and open source, Supports many major exchanges and wallets, Detailed portfolio analytics, Customizable dashboard, Available on multiple platforms.

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


Rotki

Rotki

Rotki is an open-source portfolio tracker and accounting tool for cryptocurrencies. It allows users to track their crypto portfolio across multiple wallets and exchanges, providing insights into profit/loss, cost basis, and more.

Categories:
portfolio tracker accounting cryptocurrency

Rotki Features

  1. Portfolio tracking
  2. Multi-exchange and wallet support
  3. Profit/loss calculations
  4. Cost basis tracking
  5. Tax reporting features
  6. Open source codebase
  7. Desktop and mobile apps

Pricing

  • Open Source
  • Free

Pros

Free and open source

Supports many major exchanges and wallets

Detailed portfolio analytics

Customizable dashboard

Available on multiple platforms

Cons

Limited customer support due to open source model

Mobile app could be improved

Steeper learning curve than some competitors