A head-to-head comparison of Koinly and CoinLedger — pricing, the features that actually differ, and which one fits which use case.
Automated crypto tax reports for traders, DeFi users, and NFT collectors
Best all-around crypto tax software with strong error reconciliation
These are the 3 capabilities where the two tools genuinely diverge — the rest of their feature sets overlap.
| Capability | Koinly | CoinLedger |
|---|---|---|
| Cost Basis Methods | FIFO, LIFO, HIFO, Avg Cost | FIFO/LIFO/HIFO |
| Margin Trading Support | Hodler+ | No |
| Chains Supported | 50+ | Hundreds of exchanges + chains |
| Feature | Koinly | CoinLedger |
|---|---|---|
| Defi Support | ✓ | ✓ |
| Nft Support | ✓ | ✓ |
| Staking Income | ✓ | ✓ |
| Multi Country Reports | ✓ | ✓ |
| Cost Basis Methods | FIFO, LIFO, HIFO, Avg Cost | FIFO/LIFO/HIFO |
| Api Import | ✓ | ✓ |
| Csv Import | ✓ | ✓ |
| Cpa Export | ✓ | ✓ |
| Margin Trading Support | Hodler+ | ✗ |
| Chains Supported | 50+ | Hundreds of exchanges + chains |
Both tools are free to use — costs come from network or usage fees.
Koinly
Custom
$49/yr billed annually
Koinly
Custom
$99/yr billed annually
Koinly
Custom
$179/yr billed annually
CoinLedger
Custom
CoinLedger
Custom
$49/yr billed annually
CoinLedger
Custom
$99/yr billed annually
CoinLedger
Custom
$199/yr billed annually
Watch out: Per-transaction pricing punishes active DeFi users.
Watch out: Strongest for US filers.
CoinLedger edges ahead on our editorial score (4.6/5), but these tools aren’t straight substitutes. Pick Koinly when defi categorization is the most accurate of any consumer-grade tax tool matters most to your workflow; pick CoinLedger when best-in-class error reconciliation is the priority. The deciding factor is usually the trade-off you can least afford — Koinly means accepting that per-transaction pricing punishes active defi users, while CoinLedger means strongest for us filers.
CoinLedger carries the higher editorial rating (4.6/5 vs 4.3/5), but they solve different problems. Koinly is the stronger pick when you need defi categorization is the most accurate of any consumer-grade tax tool. CoinLedger wins when best-in-class error reconciliation.
Both tools are free to use, with costs coming from network or usage fees rather than subscriptions.
Koinly's main limitation is that per-transaction pricing punishes active defi users. For CoinLedger, strongest for us filers. Weigh these against how you actually plan to use the tool.
In most cases yes — many teams run both, using each where it's strongest. Since Koinly leads on defi categorization is the most accurate of any consumer-grade tax tool and CoinLedger on best-in-class error reconciliation, the two are often complementary rather than mutually exclusive.