A head-to-head comparison of Koinly and TaxBit — pricing, the features that actually differ, and which one fits which use case.
Automated crypto tax reports for traders, DeFi users, and NFT collectors
Enterprise and exchange-grade crypto tax compliance platform
These are the 4 capabilities where the two tools genuinely diverge — the rest of their feature sets overlap.
| Capability | Koinly | TaxBit |
|---|---|---|
| Multi Country Reports | Yes | No |
| Cost Basis Methods | FIFO, LIFO, HIFO, Avg Cost | FIFO, LIFO, HIFO, SpecID, Avg |
| Margin Trading Support | Hodler+ | Yes |
| Chains Supported | 50+ | 20+ |
| Feature | Koinly | TaxBit |
|---|---|---|
| Defi Support | ✓ | ✓ |
| Nft Support | ✓ | ✓ |
| Staking Income | ✓ | ✓ |
| Multi Country Reports | ✓ | ✗ |
| Cost Basis Methods | FIFO, LIFO, HIFO, Avg Cost | FIFO, LIFO, HIFO, SpecID, Avg |
| Api Import | ✓ | ✓ |
| Csv Import | ✓ | ✓ |
| Cpa Export | ✓ | ✓ |
| Margin Trading Support | Hodler+ | ✓ |
| Chains Supported | 50+ | 20+ |
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
TaxBit
Custom
$50/yr billed annually
TaxBit
Custom
$175/yr billed annually
TaxBit
Custom
Watch out: Per-transaction pricing punishes active DeFi users.
Watch out: US-only — no support for non-US tax jurisdictions.
Koinly edges ahead on our editorial score (4.3/5), 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 TaxBit when taxbit network auto-imports data from partner exchanges — no csv hunting 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 TaxBit means us-only — no support for non-us tax jurisdictions.
Koinly carries the higher editorial rating (4.3/5 vs 4.1/5), 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. TaxBit wins when taxbit network auto-imports data from partner exchanges — no csv hunting.
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 TaxBit, us-only — no support for non-us tax jurisdictions. 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 TaxBit on taxbit network auto-imports data from partner exchanges — no csv hunting, the two are often complementary rather than mutually exclusive.