Koinly: Free Crypto Tax Software (2026 Overview)

Koinly is a cryptocurrency tax reporting and portfolio tracking platform that helps you calculate your crypto taxes, track gains and losses, and prepare reports for tax filing. It’s widely used by crypto investors and traders around the world for simplifying what can otherwise be a complex and manual process.

📊 What Koinly Does

Koinly connects to hundreds of exchanges, wallets, and blockchain networks so you can automatically track all your cryptocurrency transactions — including trades, transfers, DeFi, NFTs, staking, and more — from one dashboard.

Key capabilities include:

  • Importing transactions via API or CSV from major exchanges (e.g., Binance, Coinbase, Kraken) and wallets (e.g., MetaMask, Ledger).
  • Portfolio tracking — view your crypto holdings, profit/loss, and performance over time in one place.
  • Capital gains and tax preview — see how much tax you might owe.
  • Tax report generation — produces tax‑ready documents (IRS Form 8949, Schedule D, and international equivalents) once you buy a paid plan.
  • Supports multiple countries with localized reporting formats.

💸 Free Plan vs Paid Plans

🆓 Free Plan

  • Cost: $0 forever.
  • Features:
    • Import up to 10,000 transactions across unlimited wallets & exchanges.
    • View imported transactions and basic calculated gains/losses.
    • Track portfolio performance.
  • Limitations:
    • You cannot download or generate official tax reports for filing on the free plan.

💼 Paid Plans

To generate exportable tax reports (PDF/CSV), you need a paid plan. Pricing (approximate) is:

  • Newbie: ~$49 per tax year — up to ~100 transactions.
  • Hodler: ~$99 per tax year — up to ~1,000 transactions.
  • Trader: ~$199 per tax year — ~3,000+ transactions.
    (Custom options available for higher transaction volumes.)
    Paid plans unlock official tax reporting and tools like TurboTax exports.

🪙 Why People Use Koinly

✅ Comprehensive integrations: Supports 900+ platforms and many blockchains and wallets so you don’t have to manually import trades.
✅ Portfolio and tax tracking in one place: Useful for investors who want an overview of their total crypto holdings cross‑platform.
✅ Multicountry support: Generates reports for jurisdictions beyond the U.S., like the UK, EU, Canada, Australia, and more.

Note: While the free plan lets you preview gains and track your portfolio, you’ll need a paid subscription to download formal tax reports for filing.

🧾 How It Works (Simplified)

  1. Create a Koinly account and log in.
  2. Connect exchanges and wallets via API key or CSV uploads.
  3. Koinly imports all your transactions and fetches market prices.
  4. It matches transfers and identifies trades, staking, mining, and other events.
  5. You can review calculations and, with a paid plan, generate tax reports ready for your tax authority or accountant.

📍 In Summary

Koinly is one of the most popular crypto tax and portfolio tracking tools available in 2026. It offers a free tier that’s great for viewing transactions and monitoring gains/losses across wallets and exchanges. To download official tax forms and file your crypto taxes, you’ll need a paid plan tailored to your transaction volume.