Home/Business Instant Messaging Software/BearTax vs KoinlyUpdated on: March 29, 2024

Compare BearTax vs Koinly

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Koinly New SaaS Software (594 Ratings)
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Koinly

New SaaS Software (594 Ratings)
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Overview

Summary

Using BearTax, you can import transactions, calculate gains and file crypto taxes in simple and easy steps and is suitable for individuals and CPAs. Integrated with over 25 crypto exchanges, it is easy for you to develop trades across almost every exchange you’ve traded with BearTax, and calculate your capital gains in a short time. With a smart matching algorithm, BearTax helps match your deposit and withdrawals across supported exchanges based on the transaction imported. When the system can’t find a matching withdrawal for a deposit, you’ll be asked to review the sources to avoid assumptions and prevent running into negative balances. BearTax also has a user friendly capital gain-loss display makes it easy for users to track their trades by acquired date along with their price of acquisition and disposal. This provides for a user, a clear picture of trades and corresponding tax liability. These tax forms are then generated for the user in PDF format. The integration of BearTax to multiple exchanges makes it easy to import transactions. BearTax also has the capacity to handle thousands of transactions. It is also a trustworthy choice as BearTax has been verified by numerous professional CPAs for its consistency and integrity in capital gains calculations. ..show more

Koinly is a crypto tax software offering reliable and simple services. It is available across 20+ countries and helps users by calculating their cryptocurrency taxes and reducing them. The platform simplifies taxes in three easy steps. Users need to add their exchange accounts via CSV or API files and get their blockchain wallets connected through public addresses. They are offered a glimpse of the exact profit or loss earned by Koinly. Lastly, individuals can download detailed tax reports (Schedule D, Form 8949, TaxAct, TurboTax, International Tax Reports) curated by the software. Inbuilt portfolio tracking feature helps them gain a comprehensive view of their total holdings besides providing a detailed view of growth and ROI over time. Koinly also helps users detect absurd transactions using tools and functionalities like double-entry ledger system, auto import verification, missing transactions and duplicate handling mechanism. Other supported features include compatibility with 50 blockchains, 350 exchanges, 50 wallets, more than 17000 cryptocurrencies and historical data or 6+ crypto prices. ..show more

TECHNICAL DETAILS

Access Monitoring

24/7 (Live rep)

Business Hours

Online

Contact Number/Address

San Francisco, CA

Palo Alto, California

API

Deployment

SaaS/Web/Cloud

Mobile - Android

Mobile - iOS

Mobile - Windows

Mobile - BlackBerry

Installed - Windows

Installed - Mac

Customers

Individuals

Freelancers

Large Enterprises

Medium Business

Small Business

Pricing

Pricing Model

Free Trial

Freemium

One-time license

Open-source

Subscription

Quotation Based

Plans

Dollar
$0.99 /Year

$0.99 per Tax Year

Features

  • Upto 20 Transactions

All the plans includes these features

  • Chat Support
  • Unlimited Exchanges
  • Gain Loss Summary
  • Download Tax Forms
  • View Itemized Data
  • Full Tax Year Availability
Basic
$29.99 /Year

$29.99 per Tax Year

Features

  • Upto 200 transactions
  • Includes features of All plan
Plus
$59.99 /Year

$59.99 per Tax Year

Features

  • Upto 999 transactions
  • Includes features of All plan
Ultimate
$199.99 /Year

$199.99 per Tax Year

Features

  • Unlimited transactions
  • Includes features of All plan
View Price Page
Free
Free

USAGE

  • Transactions - 10,000
  • Wallets & exchange accounts - Unlimited
  • Portfolio tracking
  • Capital gains preview
  • Defi, Margin trades, Futures
  • Avalanche trades

TAX REPORTS

  • FIFO, LIFO, Average Cost & more
  • Wallet-based cost tracking (Spec ID)

AWESOME FEATURES

  • Smart transfer matching
  • Mining, Staking, Lending, Forks
  • Exchange & transaction fee tracking
  • 6000+ cryptocurrencies
  • 6+ years of historical spot prices

DATA IMPORT

  • Exchange API sync
  • CSV file import
  • ETH address auto-sync
  • xPub/yPub/zPub import
  • Bitmex, Deribit, Bybit & others
  • Nexo, BlockFi & others
  • Migrate from Cointracking, Cointracker

ERROR RECONCILIATION

  • Auto balance verification
  • Negative balance warnings
  • Double-entry ledger for every asset
  • Advanced transaction filtering
  • Transaction sorting by gains
Newbie
$49 /Year

NEWBIE

  • $49 per tax year

USAGE

  • Transactions - 100
  • Wallets & exchange accounts - Unlimited
  • Portfolio tracking
  • Capital gains preview
  • Defi, Margin trades, Futures
  • Avalanche trades

TAX REPORTS

  • Form 8949, Schedule D
  • International tax reports
  • Comprehensive audit report
  • Export to TurboTax, TaxACT
  • FIFO, LIFO, Average Cost & more
  • Wallet-based cost tracking (Spec ID)

AWESOME FEATURES

  • Smart transfer matching
  • Mining, Staking, Lending, Forks
  • Exchange & transaction fee tracking
  • 6000+ cryptocurrencies
  • 6+ years of historical spot prices

DATA IMPORT

  • Exchange API sync
  • CSV file import
  • ETH address auto-sync
  • xPub/yPub/zPub import
  • Bitmex, Deribit, Bybit & others
  • Nexo, BlockFi & others
  • Migrate from Cointracking, Cointracker
  • Custom file import

ERROR RECONCILIATION

  • Auto balance verification
  • Negative balance warnings
  • Double-entry ledger for every asset
  • Advanced transaction filtering
  • Transaction sorting by gains
  • Cost analysis
Hodler
$99 /Year

Hodler

  • $99 per tax year

USAGE

  • Transactions - 1000
  • Wallets & exchange accounts - Unlimited
  • Portfolio tracking
  • Capital gains preview
  • Defi, Margin trades, Futures
  • Avalanche trades

TAX REPORTS

  • Form 8949, Schedule D
  • International tax reports
  • Comprehensive audit report
  • Export to TurboTax, TaxACT
  • FIFO, LIFO, Average Cost & more
  • Wallet-based cost tracking (Spec ID)

AWESOME FEATURES

  • Smart transfer matching
  • Mining, Staking, Lending, Forks
  • Exchange & transaction fee tracking
  • 6000+ cryptocurrencies
  • 6+ years of historical spot prices

DATA IMPORT

  • Exchange API sync
  • CSV file import
  • ETH address auto-sync
  • xPub/yPub/zPub import
  • Bitmex, Deribit, Bybit & others
  • Nexo, BlockFi & others
  • Migrate from Cointracking, Cointracker
  • Custom file import

ERROR RECONCILIATION

  • Auto balance verification
  • Negative balance warnings
  • Double-entry ledger for every asset
  • Advanced transaction filtering
  • Transaction sorting by gains
  • Cost analysis
Trader
$179 /Year

Trader

  • $179 per tax year

USAGE

  • Transactions - 10000+
  • Wallets & exchange accounts - Unlimited
  • Portfolio tracking
  • Capital gains preview
  • Defi, Margin trades, Futures
  • Avalanche trades

TAX REPORTS

  • Form 8949, Schedule D
  • International tax reports
  • Comprehensive audit report
  • Export to TurboTax, TaxACT
  • FIFO, LIFO, Average Cost & more
  • Wallet-based cost tracking (Spec ID)

AWESOME FEATURES

  • Smart transfer matching
  • Mining, Staking, Lending, Forks
  • Exchange & transaction fee tracking
  • 6000+ cryptocurrencies
  • 6+ years of historical spot prices

DATA IMPORT

  • Exchange API sync
  • CSV file import
  • ETH address auto-sync
  • xPub/yPub/zPub import
  • Bitmex, Deribit, Bybit & others
  • Nexo, BlockFi & others
  • Migrate from Cointracking, Cointracker
  • Custom file import

ERROR RECONCILIATION

  • Auto balance verification
  • Negative balance warnings
  • Double-entry ledger for every asset
  • Advanced transaction filtering
  • Transaction sorting by gains
  • Cost analysis

SUPPORT

  • Email support
View Price Page

SCREENSHOTS

BearTax Screenshots
View 2 screenshot(s)
Koinly Screenshots
View 1 screenshot(s)

ALTERNATIVES

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