In the world of digital assets, managing portfolios and staying tax-compliant can be challenging. This is where tax software like Koinly, CoinTracker, and Kryptos come in. Below, we’ll explore each platform’s features, integrations, pricing, and support options to help you choose the best tool for your needs.
What is Koinly?
Koinly is a crypto tax software designed primarily for individual users to track their digital assets and calculate capital gains. It integrates with over 600 platforms and offers automated tax reporting.
What is CoinTracker?
CoinTracker is another popular choice for tracking crypto portfolios, offering a combination of portfolio management and tax reporting. It’s especially user-friendly and supports over 300 integrations for individual investors.
What is Kryptos?
Kryptos is a comprehensive financial management solution designed for both individuals and enterprises. Beyond tax and portfolio management, Kryptos offers extensive tools for developers and businesses, including APIs for building FinTech applications and seamless interoperability across 5,000+ platforms. Backed by Binance Labs and partnered with over 50 brands like Binance, Gate, Safepal, and Bitstamp, Kryptos stands out for its strong industry support and scalability. For a detailed review, check out Kryptos Review.
Feature Comparison
Each platform provides essential features for managing digital assets and staying tax-compliant. Here’s a breakdown:
Feature | Koinly | CoinTracker | Kryptos |
Main Focus | Tax calculations and portfolio tracking | Portfolio tracking with limited tax features | Comprehensive B2C and B2B solutions, including tax compliance, developer tools, and enterprise support |
Tax Reporting | Automated, supports 20+ countries | Basic tax reports in select regions | Automated, supports 30+ countries; CPA-level reporting with Kryptos CPA |
Portfolio Tracking | Yes, real-time tracking | Yes, real-time tracking | Yes, with real-time tracking and insights |
Developer APIs | No | No | Yes, with Kryptos Connect for building custom integrations |
Winner: Kryptos for its broader set of tools catering to individuals, enterprises, and developers.
Integrations
Kryptos, Koinly, and CoinTracker each support integrations with popular exchanges and wallets, but their reach varies:
Platform | Number of Integrations | Key Integration Features |
Koinly | 600+ | Compatible with most popular exchanges and wallets for individual users |
CoinTracker | 300+ | Basic tracking across exchanges and wallets |
Kryptos | 5,000+ | Extensive support for Web3 and traditional financial systems, customizable with Kryptos Connect APIs; partnered with Binance, Gate, Safepal, Bitstamp, and more |
Winner: Kryptos for its unmatched interoperability, API-driven developer solutions, and strong partnerships.
Pricing
Each platform has its own pricing model. Kryptos stands out for offering a free tax report option for up to 100 transactions, making it budget-friendly for smaller portfolios.
Platform | Individual Pricing | Enterprise Pricing | Free Version |
Koinly | Starts at $49 per tax year | Not available | Free for basic use |
CoinTracker | Starts at $59 per tax year | Not available | Free for basic use |
Kryptos | Starts at $39, up to $249 per tax year (free for up to 100 transactions) | $99–$499/month, free version available | Free for individuals with up to 100 transactions |
Winner: Kryptos for its flexible pricing options and free tier for low-transaction users.
Customer Support
Having reliable support is key for tax software. Here’s how each platform handles support:
Platform | Support Options | Enterprise Support |
Koinly | Email and live chat for premium users | None |
CoinTracker | Email, with limited response time | None |
Kryptos | Email, live chat, and dedicated enterprise support | Prioritized support for developers and businesses |
Winner: Kryptos for its comprehensive support, including live chat and prioritized enterprise support options.
Mobile Accessibility
Being able to access your portfolio on the go is essential. Here’s a look at mobile options:
Platform | Mobile App | Key Features |
Koinly | No | Responsive web design only |
CoinTracker | Yes (iOS and Android) | Real-time portfolio tracking, tax management |
Kryptos | Yes (iOS and Android) | Comprehensive access to tracking, compliance, and developer tools |
Winner: Kryptos and CoinTracker for dedicated mobile apps, with Kryptos offering more extensive features.
Unique Value Proposition
Each platform has its unique strengths, but Kryptos offers a broader solution catering to both individual users and businesses.
- Koinly: Best for individuals who need simple portfolio tracking and tax reports.
- CoinTracker: Good for basic tracking across exchanges and wallets.
- Kryptos: Stands out as the only platform providing an end-to-end solution for both individuals and enterprises. Backed by Binance Labs, partnered with 50+ brands, and offering Kryptos CPA for tax compliance, Kryptos Connect APIs for developers, and a free tax report tier for up to 100 transactions, Kryptos is ideal for users with varied needs.
Final Verdict
While Koinly and CoinTracker are solid choices for individual investors with basic tracking needs, Kryptos offers a comprehensive financial management solution that bridges the gap between Web3 and traditional finance. With extensive integrations, developer APIs, enterprise support, Binance Labs backing, and a free tax report tier for small portfolios, Kryptos is the most versatile choice for crypto tax and portfolio management.