A head-to-head comparison of Koinly and TokenTax — pricing, the features that actually differ, and which one fits which use case.
Automated crypto tax reports for traders, DeFi users, and NFT collectors
Full-service crypto tax software with accountants for complex situations
These are the 3 capabilities where the two tools genuinely diverge — the rest of their feature sets overlap.
| Capability | Koinly | TokenTax |
|---|---|---|
| Cost Basis Methods | FIFO, LIFO, HIFO, Avg Cost | FIFO/LIFO/HIFO/spec-ID |
| Margin Trading Support | Hodler+ | Yes |
| Chains Supported | 50+ | Major exchanges + chains |
| Feature | Koinly | TokenTax |
|---|---|---|
| Defi Support | ✓ | ✓ |
| Nft Support | ✓ | ✓ |
| Staking Income | ✓ | ✓ |
| Multi Country Reports | ✓ | ✓ |
| Cost Basis Methods | FIFO, LIFO, HIFO, Avg Cost | FIFO/LIFO/HIFO/spec-ID |
| Api Import | ✓ | ✓ |
| Csv Import | ✓ | ✓ |
| Cpa Export | ✓ | ✓ |
| Margin Trading Support | Hodler+ | ✓ |
| Chains Supported | 50+ | Major exchanges + chains |
Pricing models differ substantially between these two.
Koinly
Custom
$49/yr billed annually
Koinly
Custom
$99/yr billed annually
Koinly
Custom
$179/yr billed annually
TokenTax
Custom
$65/yr billed annually
TokenTax
Custom
$199/yr billed annually
TokenTax
Custom
$1599/yr billed annually
TokenTax
Custom
$3499/yr billed annually
Watch out: Per-transaction pricing punishes active DeFi users.
Watch out: Among the pricier options.
TokenTax edges ahead on our editorial score (4.4/5), 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 TokenTax when real accountants for complex cases 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 TokenTax means among the pricier options.
TokenTax carries the higher editorial rating (4.4/5 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. TokenTax wins when real accountants for complex cases.
Koinly is free to use, while TokenTax is priced on request.
Koinly's main limitation is that per-transaction pricing punishes active defi users. For TokenTax, among the pricier options. 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 TokenTax on real accountants for complex cases, the two are often complementary rather than mutually exclusive.