Cryptocurrency Tax Reports in Minutes | Koinly

Filing cryptocurrency taxes can be complicated, but Koinly makes it fast and easy. In just a few minutes, you can generate accurate tax reports for your crypto trades, staking, DeFi activity, and more.

Why Use Koinly for Crypto Tax Reports?

• Automatic import of transactions from exchanges and wallets via API or CSV
• Instant calculation of capital gains, losses, and crypto income
• Visual dashboard to track your portfolio and taxable events
• Country-specific tax reports ready for filing
• Beginner-friendly interface with step-by-step guides

How It Works

1. Sign up on Koinly.io (free or paid plan)
2. Connect your wallets and exchanges using API or CSV files
3. Koinly automatically imports all your transactions
4. Review your capital gains, losses, and income in the dashboard
5. Download tax reports in PDF, CSV, or other supported formats

Key Features

• Supports 900+ exchanges, 150+ blockchains, and multiple wallets
• DeFi, NFTs, staking, and airdrops fully supported
• Automatic calculation reduces errors and saves time
• Real-time portfolio tracking and insights
• Secure login with Two-Factor Authentication (2FA)

Pros & Cons

Pros

• Fast and easy tax report generation
• Beginner-friendly with visual dashboards
• Automatic calculation of gains, losses, and income
• Free plan available for portfolio tracking and tax previews
• Supports a wide range of exchanges and wallets

Cons

• Paid plans required to download official tax reports
• Advanced DeFi or NFT transactions may require manual verification

Conclusion

With Koinly, cryptocurrency tax reporting is simplified and fast. Beginners can start with the free plan to track their portfolio and preview taxes, while advanced users can generate full tax reports in minutes. Koinly’s automated calculations and secure platform make crypto tax filing hassle-free.

Frequently Asked Questions (FAQs)

1. How quickly can I generate a crypto tax report with Koinly?

You can generate tax reports in just a few minutes once your wallets and exchanges are connected.

2. Does Koinly support all types of crypto transactions?

Yes, it supports trades, DeFi, staking, airdrops, NFTs, and mining activities.

3. Can beginners use Koinly easily?

Absolutely! The interface is beginner-friendly, with step-by-step guides and visual dashboards.

4. Are Koinly tax reports valid for filing?

Yes, official tax reports are compliant with country-specific tax regulations, but downloading them requires a paid plan.