A head-to-head comparison of Koinly and ZenLedger — pricing, the features that actually differ, and which one fits which use case.
Automated crypto tax reports for traders, DeFi users, and NFT collectors
Crypto tax software with strong CPA network and e-file integration
These are the 4 capabilities where the two tools genuinely diverge — the rest of their feature sets overlap.
| Capability | Koinly | ZenLedger |
|---|---|---|
| Multi Country Reports | Yes | No |
| 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 | ZenLedger |
|---|---|---|
| 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
ZenLedger
Custom
$49/yr billed annually
ZenLedger
Custom
$149/yr billed annually
ZenLedger
Custom
$399/yr billed annually
Watch out: Per-transaction pricing punishes active DeFi users.
Watch out: Primarily US-focused.
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 ZenLedger when strong crypto-savvy cpa network 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 ZenLedger means primarily us-focused.
Koinly carries the higher editorial rating (4.3/5 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. ZenLedger wins when strong crypto-savvy cpa network.
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 ZenLedger, primarily us-focused. 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 ZenLedger on strong crypto-savvy cpa network, the two are often complementary rather than mutually exclusive.