Koinly Reviews — Pricing, Features & The Honest Take

Koinly’s free plan holds 10,000 transactions. Its $49 plan holds 100. That inversion is deliberate and it is the whole model: the free tier imports your wallets, calculates your capital gains and shows your complete tax position, and the paid tiers exist solely to download the filing documents. Koinly’s own FAQ puts it plainly — “You only need to purchase a plan to download your tax reports.”

• What it is: A cryptocurrency tax calculator and portfolio tracker covering DeFi, NFTs and hundreds of exchanges.
• Best for: Anyone who needs a crypto tax report and wants to see the numbers before paying.
• Pricing: Free forever; Newbie $49, Hodler $99, Trader $199 per tax year. Verified July 2026.
• The honest catch: The paid tiers are priced per tax year, so multiple back-years mean multiple purchases.

What Is Koinly?

Koinly connects to exchanges and wallets, reconciles transactions, and produces capital gains and income reports for tax filing. It supports FIFO, LIFO, Average Cost, HIFO and wallet-based cost tracking (Spec ID), covers DeFi and NFTs, and offers country-specific reports for the USA, Canada, Australia, the UK, Germany, Norway, Denmark and Sweden — plus any country using one of the standard cost-basis methods.

Wallets and exchange accounts are unlimited on every tier, including free. What the paid plans meter is transactions — and specifically, how many transactions your downloadable report may cover.

Koinly accepts both card and cryptocurrency payment (BTC, ETH, DAI, USDC).

How Koinly Works

• The free tier does the work; paid tiers release the report.
• Transactions are the paid meter — 100, 1,000, then 3,000.
• Wallets and exchange accounts are unlimited everywhere.
• Plans are priced per tax year, not as subscriptions.
• Reports are unlimited within a purchased year.
• Upgrades cost only the difference.

Koinly Pricing

Captured from Koinly’s pricing page in July 2026 in US dollars.

Every tier includes unlimited wallets and exchange accounts, portfolio tracking, capital gains preview, the tax optimizer, DeFi and NFT support, and all cost-basis methods including Spec ID.

What actually decides your cost:

• You can finish the entire job before paying. Import 10,000 transactions, reconcile them, and read your capital gains and income summary for any year — all free. Koinly’s FAQ confirms you can “see your gains on every transaction” before buying. The purchase is for the downloadable filing document, which means you can verify the tool works on your actual data before spending anything. Very few tax products allow that.
• The per-transaction rate improves sharply. $0.490 on Newbie, $0.099 on Hodler, $0.066 on Trader — the top plan is more than seven times cheaper per transaction than the entry one. Anyone near the 100-transaction line should look hard at Hodler, since 101 transactions forces the upgrade anyway.
• “Transaction” means less here than elsewhere. Koinly’s definition matters: exchanges that split one order into hundreds of fills are grouped into a single transaction, and spam plus most small reward transactions are excluded. Its FAQ claims this “results in considerably less transactions on Koinly compared to other tax software” — so a raw count from another tool is not a reliable guide to which plan you need.
• Pricing is per tax year, not per year of subscription. Filing three back-years means buying three plans. Reports within a purchased year are unlimited, so revisions cost nothing, but each additional tax year is a separate purchase.
• Upgrading costs only the difference. If you exceed your plan’s limit you pay the gap rather than repurchasing — a small courtesy that removes the risk of guessing wrong at checkout.
• Above 3,000 transactions you buy more in-app. Koinly supports up to 100,000 transactions on regular accounts, purchased as extra capacity, with a custom quote available beyond that.

Who Should Use Koinly

• Anyone facing a crypto tax filing. The clearest case — see the numbers free, pay only to file.
• DeFi and NFT traders. Both supported at every tier including free.
• People with many wallets. Unlimited exchange accounts on every plan.
• Filers outside the US. Country-specific reports for eight named countries plus general cost-basis support.

It fits poorly for anyone filing several back-years on a budget, since each tax year is a separate purchase; for those needing accountant collaboration features, which sit outside these plans; and for very high-volume traders, who will need in-app capacity purchases.

Honest Pros and Cons

Strengths

• The free tier holds 10,000 transactions and shows your full tax position.
• Unlimited wallets and exchange accounts on every plan.
• All cost-basis methods including Spec ID, even on free.
• Per-transaction cost falls sevenfold from Newbie to Trader.
• Upgrades cost only the difference.
• Payment accepted in crypto as well as by card.

Limitations

• Newbie covers only 100 transactions for $49.
• Each tax year is a separate purchase.
• Chat support is not available on every tier.
• Above 3,000 transactions requires in-app capacity purchases.
• The 100,000-transaction ceiling applies to regular accounts.
• Country-specific reports cover eight named countries.

Koinly Alternatives and How It Compares

• CoinLedger is the closest competitor on price and scope.
• ZenLedger targets US filers with accountant integrations.
• TokenTax bundles software with professional tax preparation.
• CoinTracker is the best-known alternative with strong exchange coverage.
• Crypto Tax Calculator focuses on complex DeFi reconciliation.
• Accointing and TaxBit compete on portfolio tracking and enterprise reporting respectively.

For a broader survey, browse our cryptocurrency tax directory.

The Verdict

Koinly’s pricing model is the most buyer-friendly in this category, and it is worth understanding why the numbers look strange. The free plan holds 10,000 transactions and the $49 plan holds 100 — not because the free tier is more generous in capability, but because free covers the analysis and paid covers the download. You can connect unlimited wallets and exchanges, import ten thousand transactions, reconcile them, run the tax optimizer and read your complete capital gains and income position without spending anything. Koinly’s FAQ is explicit: “You only need to purchase a plan to download your tax reports.”

That inverts the usual risk. With most tax software you pay first and discover afterwards whether it handled your DeFi positions correctly; here you find out first. For anyone with a messy transaction history — bridged assets, liquidity pools, NFT mints — that is worth more than any per-transaction rate, because the failure mode you actually care about is the tool getting your numbers wrong, not the price.

On the paid side the ladder is steep in the customer’s favour: $0.490 per transaction on Newbie, $0.099 on Hodler and $0.066 on Trader, so the top plan is over seven times cheaper per transaction than the entry one. Two things to know before choosing. Koinly counts transactions more conservatively than most competitors — grouping split orders, excluding spam and most small rewards — so a count from another tool will overstate what you need. And plans are priced per tax year, so three back-years means three purchases. Upgrading costs only the difference, which removes the penalty for guessing low.

FAQ

How much does Koinly cost?

Captured in July 2026 in US dollars: the Free plan is $0 forever, Newbie is $49 per tax year for 100 transactions, Hodler $99 for 1,000, and Trader $199 for 3,000. Custom solutions are quoted for higher volumes, and Koinly supports up to 100,000 transactions on regular accounts through in-app capacity purchases. Payment is accepted by card or in BTC, ETH, DAI or USDC.

Can I use Koinly for free?

Yes, extensively. The free plan covers 10,000 transactions with unlimited wallets and exchange accounts, portfolio tracking, capital gains preview, the tax optimizer, DeFi and NFT support and all cost-basis methods. Koinly describes it as a “never-ending free trial” — you only need to buy a plan to download your tax reports, and you can view your gains on every transaction beforehand.

Why does Koinly’s free plan allow more transactions than its paid plans?

Because they meter different things. The free tier’s 10,000 transactions cover importing and analysing your history; the paid tiers’ 100, 1,000 and 3,000 limits govern how many transactions your downloadable tax report may include. The paid plans are not upgrades to the tracking — they are the purchase of the filing document itself.

What counts as a transaction in Koinly?

Any deposit, withdrawal or trade added to Koinly — but with meaningful consolidation. Where an exchange splits a large order into hundreds of smaller fills, Koinly groups them into a single transaction, and it excludes spam transactions and most small reward transactions. Koinly states this produces considerably lower counts than other tax software, so do not size your plan from another tool’s figure.

Do I need to buy Koinly again each year?

Yes. Plans are priced per tax year rather than as an ongoing subscription, so filing for multiple back-years means purchasing a plan for each. Within a purchased year you can generate and download unlimited reports at no extra cost, and if you exceed your transaction limit you can upgrade by paying only the difference.