Koinly

Koinly, established in 2018, is a rapidly expanding cryptocurrency tax solution that offers automatic capital gains reporting in over 20 countries. It boasts a user-friendly setup process and sets itself apart from other tax tools by offering comprehensive API integration with popular exchanges such as Coinbase, Bittrex, and Binance. This eliminates the need for manual data entry. Koinly provides the flexibility to sync various forms of currency, including BTC, EOS, COSMOS, and XRP. Additionally, its error detection feature alerts users to missing transactions or errors within their data that could adversely affect their tax reporting. Some key features that differentiate Koinly from other tax solutions include a free portfolio tracking service with a visually appealing and feature-rich dashboard, live updates on tax liabilities, and personalized suggestions for minimizing tax burdens. It also conveniently provides integrated block explorer for various blockchains, eliminating the need to switch between multiple explorer sites. Koinly also generates ready-to-file tax reports like Form 8949 and Schedule D. While Koinly's portfolio tracking service is completely free, tax reporting is a paid feature, with packages ranging from $79 to $399 per year, based on the number of transactions. However, with the promo code "SS30," users can