Koinly 2026: Free Crypto Tax Software – Complete Step-by-Step Guide

Step 1: Sign Up / Log In

Screenshot Concept: Koinly homepage with Sign Up and Login buttons highlighted.

Instructions:

  1. Go to koinly.io.
  2. Click Sign Up to create a new account or Login if you already have one.
  3. Enter email, password, and country.
  4. Confirm your email via the verification link.

💡 Tip: Use a strong, unique password for security.

Step 2: Connect Wallets & Exchanges

Screenshot Concept: “Add Wallet / Exchange” page highlighting popular exchanges and wallet types.

Instructions:

  • Click Add Wallet / Exchange.
  • Connect via API (automatic sync), CSV upload, or manual entry.
  • Koinly imports all transactions, including trades, transfers, staking, and mining.

💡 Tip: API keys should be read-only to protect your funds.

Step 3: Review Transactions

Screenshot Concept: Transactions table showing Date | Asset | Type | Amount | Price | Gain/Loss.

Instructions:

  • Navigate to the Transactions tab.
  • Review all imported transactions for accuracy.
  • Koinly automatically matches transfers to prevent double-counting.

Step 4: Track Portfolio

Screenshot Concept: Portfolio overview with pie chart (holdings by coin) and line chart (portfolio value over time).

Instructions:

  • Click Portfolio to view total holdings, unrealized gains/losses, and historical charts.
  • Use this data to monitor performance and plan trades.

Step 5: Generate Tax Reports (Paid Plan)

Screenshot Concept: Tax Reports tab with Generate Report button, year selector, and report format options (PDF/CSV).

Instructions:

  • Upgrade to a paid plan to download official tax documents.
  • Select the tax year and click Generate Report.
  • Export PDF or CSV to file with your tax authority or share with your accountant.

💡 Tip: Choose a plan based on your transaction volume (Newbie, Hodler, Trader).

Step 6: Enable Two-Factor Authentication (2FA)

Screenshot Concept: Account Settings → Security → Enable 2FA with QR code for authenticator apps.

Instructions:

  • Go to Account Settings → Security → Enable 2FA.
  • Use an authenticator app like Google Authenticator or Authy.
  • Save backup codes securely.

💡 Tip: 2FA protects your crypto portfolio and tax data from unauthorized access.

Step 7: Sync Regularly

Screenshot Concept: Dashboard showing last synced date.

Instructions:

  • Regularly sync exchanges and wallets.
  • Track new DeFi, staking, and mining income.
  • Keep transactions categorized accurately.

Extra Tips

  • Use the free plan to track up to 10,000 transactions and monitor your portfolio before upgrading.
  • Organize your CSVs and transaction records for easier auditing.
  • Keep your account secure with a strong password, 2FA, and read-only API keys.
  • Check your portfolio regularly to catch missing or duplicate transactions early.

Conclusion

Koinly 2026 makes crypto tax tracking simple, accurate, and secure. Even the free plan is powerful for monitoring gains/losses and tracking your crypto portfolio. Paid plans unlock tax reports for official filing.

By following this guide:

  • You can track all your crypto transactions in one place.
  • Stay organized and compliant with tax laws.
  • Keep your portfolio secure with 2FA and best practices.
  • Save time and reduce stress during tax season.