Koinly 2026: Complete Crypto Tax & Portfolio Guide

Introduction

Koinly is a crypto tax software and portfolio tracker that simplifies managing your cryptocurrency holdings. Whether you trade Bitcoin, Ethereum, DeFi assets, NFTs, or stake crypto, Koinly helps you track transactions, calculate gains/losses, and prepare tax reports efficiently.

Even the free plan allows you to monitor your portfolio and see potential tax obligations, while paid plans generate official tax reports.

Step 1: Create an Account

  1. Go to koinly.io.
  2. Click Sign Up and enter your email, password, and country.
  3. Confirm your email through the verification link.

💡 Tip: Use a strong, unique password for security and future 2FA setup.

Step 2: Connect Exchanges and Wallets

  1. Click Add Wallet / Exchange in the dashboard.
  2. Choose your platform: exchange (Coinbase, Binance, Kraken, etc.) or wallet (MetaMask, Ledger, etc.).
  3. Connect via API (recommended) or CSV upload.
  4. Koinly automatically imports all transactions, including trades, transfers, staking, and mining.

💡 Tip: Always use read-only API keys to protect your funds.

Step 3: Review Transactions

  1. Navigate to the Transactions tab.
  2. Verify imported transactions are accurate.
  3. Koinly matches transfers between wallets to prevent double-counting.

💡 Tip: Categorize staking, mining, and DeFi income properly for accurate tax calculations.

Step 4: Monitor Your Portfolio

  1. Open the Portfolio tab.
  2. View holdings by coin and track unrealized and realized gains/losses.
  3. Analyze charts to see portfolio performance over time.

💡 Tip: Use this insight to plan trades or identify underperforming assets.

Step 5: Generate Tax Reports

  1. Upgrade to a paid plan if you need official tax reports.
  2. Go to Tax Reports, select your tax year, and click Generate Report.
  3. Export as PDF or CSV for filing or sharing with an accountant.

💡 Tip: Choose a plan according to your transaction volume: Newbie, Hodler, or Trader.

Step 6: Secure Your Account

  1. Go to Account Settings → Security → Enable Two-Factor Authentication (2FA).
  2. Use an authenticator app (Google Authenticator, Authy).
  3. Keep backup codes in a safe place.

💡 Tip: 2FA is essential for protecting your crypto assets and personal data.

Step 7: Maintain Accuracy

  • Sync your wallets and exchanges regularly.
  • Track new DeFi, staking, and NFT transactions.
  • Review transactions periodically to catch duplicates or missing data.

Extra Tips for Beginners

  • The free plan allows tracking up to 10,000 transactions — great for monitoring gains/losses.
  • Keep CSV exports from exchanges for backup.
  • Regularly check your portfolio performance to make better investment decisions.
  • Categorize all income (staking, mining, airdrops) for accurate tax reporting.

Conclusion

Koinly 2026 is a powerful yet beginner-friendly tool for crypto investors. It lets you:

  • Track all crypto transactions in one place.
  • Calculate gains, losses, and potential tax obligations.
  • Generate tax reports (with paid plans) ready for filing.
  • Maintain portfolio security with strong passwords and 2FA.

Whether you’re a beginner or an experienced trader, Koinly saves time, ensures compliance, and simplifies portfolio management.