Choosing the right crypto tax platform can save you hours of manual calculation. And we are here to differentiate between KoinX and Koinly so you can determine which software best fits your current needs.
While both platforms handle international tracking, they approach regional filings differently. To illustrate, Koinly offers a massive global footprint supporting over 20 countries with reliable forms like IRS Form 8949, HMRC summaries, and ATO myTax reports.
On the other hand, KoinX matches these global outputs but also focuses on deep local automation. For instance, it simplifies complex rules for Indian users by auto-generating Schedule VDA files and reconciling TDS credits, whereas Koinly necessitates manual data entry.
Still wondering which one is better for you? This guide will help you understand how KoinX and Koinly works, their features, advantages and disadvantages, country wise comparisons, and much more, so you can make an informed decision.
Key Takeaways
- KoinX auto-generates ITR-ready Schedule VDA for India; Koinly requires manual Schedule VDA entry.
- Both platforms generate Form 8949, HMRC Capital Gains, ATO, and Canada Schedule 3 reports.
- KoinX TurboTax export supports CSV and TXF; Koinly TurboTax export is, at present, PDF-only.
- KoinX prices plans in INR for Indian users; Koinly charges in USD only.
- KoinX includes 1:1 access to an India-based CA; Koinly offers in-house tax experts for platform guidance only.
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At-a-Glance Comparison Table
This table compares KoinX and Koinly across categories that matter the most for crypto investors filing ITR-2 or ITR-3 for FY 2025-26. Scan it first, then read the detailed breakdown below.
Feature | KoinX | Koinly |
Total integrations | 800+ | 800+ |
India: Schedule VDA auto-generated |
| Gain figures only; manual entry required |
India: Section 194S TDS reconciliation |
|
|
India: INR pricing and UPI |
| USD only |
India: ITR bundled filing |
|
|
India: 1:1 CA access |
|
|
USA: Form 8949 + Schedule D (Pre-filled) |
|
|
USA: TurboTax export | CSV + TXF | PDF-only |
UK: HMRC Capital Gains Summary |
|
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Australia: ATO-ready report |
|
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Canada: Schedule 3 + ACB |
|
|
DeFi transaction types auto-classified | 70+ | 40+ types (Liquidity, staking, margin, etc.) |
Free plan: Portfolio tracking | Yes, no limits on transactions. |
|
Tax report generation | Paid plan required | Paid plan required |
Tax-loss harvesting |
|
|
Transaction split / merge / edit + revert |
|
|
ISO 27001:2022 |
|
|
SOC 2 Type II |
| SOC 2 |
GDPR |
|
|
ITR-ready for ITR-2 and ITR-3
Country Coverage: What Each Platform Delivers
Choosing the right crypto tax platform often comes down to where you pay your taxes, as crypto compliance rules vary dramatically across global borders. Both KoinX and Koinly are built to handle international compliance, but they approach country-specific localized forms differently.
The table below maps the exact filing output each platform produces for India, the USA, the UK, Australia, and Canada to help you choose the right platform for your needs:
Country Coverage: Quick Reference
Country | Filing Output | KoinX | Koinly |
India | Tax form | ✅ Schedule VDA auto-generated for ITR-2 and ITR-3 | ❌Gain figures only; manual Schedule VDA entry required |
TDS reconciliation | ✅Section 194S TDS vs AIS, automatic | ❌ | |
ITR bundled filing | ✅ | ❌ | |
INR pricing and UPI | ✅ | USD only | |
1:1 CA access | ✅built in | ❌ | |
United States | Tax form | ✅Form 8949 + Schedule D, pre-filled | ✅ Form 8949 + Schedule D |
TurboTax export | ✅ CSV + TXF | ✅PDF-only | |
1099-DA reconciliation | ✅ | ✅ | |
Cost basis methods | ✅FIFO / LIFO / HIFO | ✅ FIFO / LIFO / HIFO | |
United Kingdom | Tax form | ✅ HMRC Capital Gains Summary | ✅HMRC Capital Gains Summary |
Section 104 pooling | ✅ Applied automatically | ✅ Applied automatically | |
Same-Day and 30-Day Rules | ✅ | ✅ | |
Crypto income report | ✅ | ✅ | |
Australia | Tax form | ✅ ATO-ready Capital Gains report | ✅ ATO myTax report |
50% CGT discount (12+ months) | ✅Applied automatically | ✅ Applied automatically | |
Cost basis methods | ✅FIFO / LIFO / HIFO | ✅ ATO-compliant methods | |
Staking and airdrop income | ✅ | ✅ | |
Canada | Tax form | ✅Schedule 3 | ✅ Schedule 3 |
T1135 / T2125 / T1A | ✅ | ❌ No native T1135 form generation (Manual entry needed) | |
Cost basis method | ✅ACB | ✅ACB |
Full Comparison: Category by Category
To give you a better idea of how these two platforms compare, we will differentiate both across eight critical categories. This hands-on evaluation looks at where each software excels or falls short, so you can pick the right one per your trading habits and regional tax rules.
Ease of Use
When you sign up on KoinX, you just need to enter your name and country to access the intuitive dashboard as well as connect your wallet. Plus, there’s no learning curve involved. Upon data import, the platform auto-classifies transaction types and instantly applies regional tax laws. This zero-configuration approach makes the interface friendly for beginners who don’t understand complex tax codes.
For advanced users, a browser-installable Progressive Web App (PWA) and an updated self-service help center speed up troubleshooting. Moreover, KoinX offers a frictionless filing experience allowing users to generate a ready-to-file Schedule VDA tax report with a single click.
Conversely, Koinly presents a more rigid user experience. Its onboarding process requires users to go through multi-step account creation and manually configure their base settings to reach the dashboard. While the interface is interactive, it comes with a steeper learning curve, often requiring users to manually review and categorize complex DeFi and staking transactions post-import.
Further, Koinly does not offer automated, localized filing summaries for all regions, forcing users to manually copy transaction line items into their government tax portals. For US investors, Koinly’s recent shift to a PDF-only TurboTax export adds an extra data-handling headache, whereas KoinX’s native CSV and TXF download options keep the workflow straightforward.
TL;DR:
- For India: KoinX provides automated, single-click Schedule VDA generation and TDS reconciliation. Koinly calculates the baseline figures accurately but requires a manual ITR entry step.
- For the US, UK, AU, and CA: Both platforms deliver a broadly equivalent onboarding and filing experience with native support for localized tax forms.
Ease of Use | KoinX | Koinly |
Onboarding steps | Quick 3-step setup | Standard multi-step onboarding |
India: Schedule VDA after import | ✅ One click ITR-ready | ❌Manual ITR entry required |
US / UK / AU / CA workflow | Auto-classify → download report | Auto-classify → download report |
Transaction auto-classification | ✅ | ✅ |
Mobile / PWA | Progressive Web App (PWA) install | Mobile-friendly web layout |
Features and Services
KoinX supports dedicated tax form outputs for over 100 countries. To elaborate, it provides automated Schedule VDA and Section 194S TDS reconciliation for India, pre-filled Form 8949 and Schedule D with TurboTax exports for the US, HMRC-ready summaries for the UK, ATO-ready reports for Australia, and Schedule 3 with ACB, T1135, T2125, and T1A forms for Canada.
Beyond country-specific outputs, KoinX auto-classifies over 70 DeFi transaction types, manages spam tokens, and allows users to split, merge, and edit transactions with a full revert history.
Conversely, Koinly covers only 20 countries with dedicated tax reports, delivering accurate baseline gain calculations for India alongside native forms like Form 8949 for the US, HMRC Capital Gains Summaries for the UK, ATO myTax reports for Australia, and Schedule 3 for Canada.
While it seamlessly handles liquidity pools, staking, and airdrops backed by in-house tax experts, it lacks KoinX’s extensive 100-country dedicated output matrix and advanced transaction edit history, giving KoinX the headline advantage for investors managing complex portfolios across multiple international jurisdictions.
TL;DR:
- KoinX: 100+ countries, Schedule VDA, TDS reconciliation, 70+ DeFi types, TurboTax CSV and TXF, full revert history, and 1:1 CA access
- Koinly: 20+ countries, accurate gain calculations, DeFi and NFT support, in-house tax experts
- KoinX leads on filing-specific outputs across every country in this comparison
Features | KoinX | Koinly |
India: Schedule VDA auto-generation | ✅ | ❌Not supported (Calculates gain summaries only) |
India: Section 194S TDS reconciliation | ✅ | ❌ |
USA: Form 8949 + Schedule D | ✅ | ✅ |
USA: TurboTax CSV + TXF export | ✅ | ❌ Discontinued; PDF-only web workflow |
UK: HMRC + Section 104 pooling | ✅ | ✅ |
AU: ATO-ready report + CGT discount | ✅ | ✅ |
CA: Schedule 3 + ACB + T1135 + T2125 | ✅Full support across forms | ⚠️ Gains calculations only; misses direct T1135 forms |
DeFi tx types auto-classified | 70+ | 40+ types (Liquidity, mining, staking, etc.) |
Tax-loss harvesting | ✅ | ✅ |
Transaction edit history and revert | ✅ Full history logs with step-by-step revert | ❌ No native “Undo” button; requires wallet reset |
1:1 CA access (India) | ✅ Built-in core feature | ❌ |
In-house tax experts | ✅ | ✅Available (Platform guidance only) |
Countries supported | 100+ | 20+ |
Integrations: Exchanges and Blockchains
KoinX & Koinly both have around 800+ integrations across exchanges, wallets & blockchains. However, they differ in terms of data integration.
KoinX’s integrations with popular exchanges, like CoinDCX, WazirX, CoinSwitch, and ZebPay, help it import TDS deduction records alongside trade data, not just transactions. A standard API connection imports your trades, while a deep integration imports your TDS deduction data separately, maps it to your AIS, and flags mismatches before filing.
Moreover, KoinX added significant new integrations in 2025-26, including Coinbase, Bybit, Binance, Bitget, NiceHash, and Nexo. Multi-chain EVM auto-suggest launched in February 2026, reducing manual wallet address entry across EVM networks, whereas editable API keys were added in February 2026.
Koinly relies on a robust global infrastructure designed to track massive multi-chain data and complex DeFi smart contracts across international platforms. However, its APIs import raw transaction histories rather than localized tax data, requiring users to manually handle regional tax line items.
TL;DR:
- Both platforms: 800+ total integrations where the count is equivalent
- KoinX: deeper Indian exchange integrations capturing TDS data
- The difference is what each integration captures, not how many integrations exist
Integrations | KoinX | Koinly |
Total integrations | 800+ | 800+ |
Indian exchanges: TDS data captured | ✅ Deep API sync pulls TDS files automatically | ❌ Standard trade-level transaction import only |
New 2025-26 integrations | Coinbase, Bybit, Binance, Bitget, NiceHash, Nexo | Regularly updated global exchange APIs |
Multi-chain EVM auto-suggest | ✅ Supported (Launched Feb 2026) | ✅ Automatically groups EVM chains under one public key |
Editable API keys | ✅ | ✅ |
DeFi and NFT Support
KoinX auto-classifies 70+ DeFi transaction types as of March 2026. This includes Solana Jupiter DCA transactions, EVM multi-chain imports, and split transaction support (it was added in December 2025). The DeFi Holdings Dashboard, launched in January 2026, shows live DeFi positions alongside exchange Portfolio data in real time. NFT Holdings tracking was redesigned in December 2025. This automation streamlines the reporting process, saving active crypto investors from tedious manual corrections before they file.
Koinly handles DeFi and NFT transactions, including liquidity pools, yield farming, staking, airdrops, and NFT history. The total number of DeFi transaction types it auto-classifies is not publicly quantified.
TL;DR:
- KoinX: 70+ DeFi types auto-classified; live DeFi Holdings Dashboard; redesigned NFT tracking
- Koinly: DeFi and NFT supported; auto-classification depth not publicly quantified
- For investors with complex multi-chain portfolios, KoinX minimizes manual data adjustments before you file.
DeFi and NFT | KoinX | Koinly |
DeFi tx types auto-classified | 70+ types | 40+ types (Liquidity tokens, loan collateral, etc.) |
DeFi Holdings Dashboard | ✅ Live on-chain position tracking | ✅ Real-time dashboard tracker |
NFT Holdings tracking | ✅ Redesigned engine | ✅Supported |
Split / Merge transactions | ✅ | ✅ Supported via Manual UI adjustments |
EVM multi-chain import | ✅ | ✅ |
Solana Jupiter DCA | ✅ | ✅ Supported via Phantom/Solana API parsing |
Free Plan
KoinX offers a permanently free tier for portfolio tracking. While comprehensive tracking across spot holdings, DeFi positions, and NFTs is free.
Koinly’s free plan includes portfolio tracking capped at 10,000 transactions. Tax reports require a paid tier.
TL;DR:
- Both Platforms: Offer robust, free portfolio tracking to monitor real-time profits, losses, and asset growth across multiple wallets and exchanges.
- KoinX: Features a localized dashboard that tracks real-time unrealized gains alongside native Indian compliance metrics like estimated TDS deductions.
- Koinly: Includes a massive free tier tracking up to 10,000 transactions across 900+ global integrations, complete with an interactive tax loss harvesting preview.
Free Plan | KoinX | Koinly |
Portfolio tracking | ❌ | ✅ Capped at 10,000 transactions |
Tax report generation | Paid plan required | Paid plan required |
Dashboard Extras | Localized estimated TDS deductions track | Interactive Tax-Loss Harvesting preview tool |
Pricing
KoinX structures its pricing plans based on a user’s transaction count per financial year, with the currency dynamically adjusting by region to include Yen for Japan, Euros for Europe, and USD for the United States. UPI and Indian card payments are accepted. A Refer and Earn programme allows users to earn 10% in KoinX credits per referral. ITR bundled filing plans are available separately for Indian investors.
Koinly prices all plans in USD globally. Plans are structured by transaction count. One structural difference worth noting: Koinly’s paid plans cover all historical tax years in a single purchase. For investors who need to file or amend returns across multiple prior years at once, this is worth comparing directly against KoinX’s per-year pricing at both platforms’ pricing pages before deciding.
For Indian investors paying at every annual renewal in USD, currency conversion adds a variable cost that compounds across years.
TL;DR:
- KoinX: Localised pricing, UPI accepted, Refer and Earn credits available
- Koinly: USD only; plans cover all historical tax years in one purchase
- For Indian investors: KoinX is the practical choice on currency, payment method, and local plan structure
Pricing | KoinX | Koinly |
Pricing currency (India) | INR | USD |
UPI / Indian card | ✅ Native checkout supported | ❌ Not available (International checkout gateways only) |
Plan structure | Per financial year billing tier | Single purchase unlocks all historical tax years |
Refer and Earn | ✅10% per referral | ✅ Refer-a-friend discounts + 20% affiliate track |
ITR bundled filing | ✅ Available for individual setups | ❌ |
Multi-year historical access | ✅ | ✅ |
Security
KoinX is ISO 27001:2022, SOC 2 Type II, and GDPR-compliant. To maintain these certified standards, it implements an enterprise-grade, multi-layered security framework designed to safeguard user profiles and asset histories.
All financial data is shielded using advanced encryption both at rest on servers and in transit across networks. This entire system is deployed on a highly resilient, isolated cloud infrastructure, ensuring continuous compliance and eliminating single points of failure.
By pairing a distributed hosting model with private network environments, KoinX ensures data remains completely protected against modern digital threats. It also offers read-only API access and two-factor authentication.
Koinly holds ISO 27001 certification, SOC 2 certification, and is GDPR-compliant. Plus, it cannot interact with your wallet. It can only import existing transaction history. Payment processing runs through Stripe. Moreover, it follows a data-minimisation approach, collecting only what is necessary and not sharing user data with third parties.
TL;DR:
- KoinX: ISO 27001:2022, SOC 2 Type II, GDPR, read-only API, 2FA
- Koinly: ISO 27001, SOC 2, GDPR
- No documented security incidents on record for either platform
Security | KoinX | Koinly |
ISO 27001:2022 | ✅ | ✅ |
SOC 2 Type II | ✅ | SOC 2 |
GDPR compliance | ✅ | ✅ |
Read-only API access | ✅ | ✅ |
Two-factor authentication | ✅ | ✅ |
Data minimisation policy | ✅ | ✅ |
Documented data breaches | None on record | None on record |
Customer Support
KoinX includes 1:1 access to an India-based CA as a core product feature, not a paid advisory add-on. This matters when a specific transaction type creates ambiguity under Indian law: a DeFi event, a P2P transfer, a staking reward from a foreign protocol, or an ITD notice requiring a documented response. For US, UK, Australian, and Canadian investors, KoinX provides 24/7 email and live chat support alongside its documentation and in-house team.
Koinly has in-house tax experts who monitor regulatory changes and maintain the platform. Email support and an AI assistant are available. But it does not offer 1:1 individual CA engagement for any investor, regardless of country. Platform guidance and individual filing advice are not the same service.
TL;DR:
- KoinX: 1:1 India-based CA access built in; no separate advisory fee
- Koinly: in-house tax experts for platform guidance; email and AI assistant for queries
- For ITD notice response or individual filing questions, KoinX is a better choice
Customer Support | KoinX | Koinly |
1:1 India-based CA for individual queries | ✅ Built-in core feature | ❌ |
In-house tax experts (platform guidance) | ✅ | ✅Available (Platform engine compliance checks) |
Email support | ✅ | ✅ |
AI assistant | ❌ No native bot deployment | ✅Available for quick navigation queries |
ITD notice support (individual) | ✅ Full advisory via CA team | ❌ |
Live Chat | ✅24/7 available | ✅ |
How Can KoinX Help You?
Choosing the right platform comes down to one goal: moving from raw data to a fully compliant tax return without manual corrections. If your crypto activity spans multiple global exchanges, a generic calculator won’t cut it. You need software engineered precisely for your specific country’s tax regime to ensure accuracy before the filing deadline. This is where KoinX comes in.
Automatically Imports Your Complete Crypto History
KoinX connects with 800+ exchanges, wallets, and blockchains via API sync including CoinDCX, WazirX, Binance, Coinbase, Bybit, and Bitget. KoinX pulls in every transaction type, including TDS deduction records from Indian exchanges that standard integrations miss entirely.
Classifies Transactions and Applies Your Country's Tax Rules Automatically
KoinX applies the correct tax treatment for each country on import: the no-loss set-off rule and Section 194S TDS reconciliation for India, FIFO/HIFO for the USA, Section 104 pooling for the UK, and the 50% CGT discount logic for Australia without manual configuration at any step.
Delivers a Ready-to-File Tax Report for Your Country
KoinX generates an ITR-ready Schedule VDA for India, pre-filled Form 8949 and Schedule D with TurboTax CSV and TXF export for the USA, an HMRC Capital Gains Summary for the UK, an ATO-ready report for Australia, and Schedule 3 with ACB calculations for Canada. All from a single platform, with a CA available for India-specific queries at no extra cost.
Conclusion
While both platforms handle standard global filings comparably, KoinX delivers a superior, high-automation experience. It matches global calculation standards but eliminates the variable exchange rate friction found in USD-only platforms. Furthermore, KoinX takes the lead by automatically generating specialized forms and reconciling complex tax-deducted-at-source data. Koinly leaves these gaps to manual user entry, adding hours of tedious data tracking. Ultimately, KoinX wins by eliminating the heavy lifting with targeted automation where global alternatives fall short.
KoinX imports your full transaction history via API sync, applies the correct tax treatment for your country automatically, and generates a filing-ready report. From India’s Schedule VDA to the USA’s Form 8949 to the UK’s HMRC Capital Gains Summary. Start your free KoinX account today, connect your exchanges, and have your country-compliant tax report ready before your filing deadline.
Frequently Asked Questions
What is the Main Difference Between KoinX and Koinly?
The primary difference is the India-specific filing output. KoinX auto-generates an ITR-ready Schedule VDA file and reconciles Section 194S TDS credits against AIS automatically. Koinly produces accurate gain figures for India but requires manual Schedule VDA entry on the ITR portal. For US, UK, Australian, and Canadian investors, both platforms generate equivalent country-specific reports.
Does Koinly Support Schedule VDA for Indian Investors?
Koinly does not auto-generate a pre-filled Schedule VDA file. It calculates gains correctly under Section 115BBH and produces a capital gains report and income summary. Each transaction must then be entered manually into Schedule VDA on the ITR portal.
Which is More Economical: KoinX or Koinly?
KoinX prices plans in INR with UPI payment support. Koinly prices in USD. Both use transaction-count-based tiers. Verify current pricing at koinx.com/pricing and koinly.io/pricing. For Indian investors, KoinX’s INR pricing removes currency conversion costs at every plan renewal. And this difference compounds across multiple years of use.
Which Platform is Better For US Investors in 2026?
Both platforms generate Form 8949, Schedule D, and TurboTax-compatible exports. The format difference matters: Koinly’s TurboTax CSV export was discontinued when TurboTax removed CSV support in January 2026. Koinly now generates a PDF gain/loss report compatible with TurboTax Online. KoinX continues to support CSV and TXF exports as of March 2026. For high-volume US investors who prefer direct data import over a PDF workflow, KoinX’s export format is the more flexible option.
Which Platform is Better for Investors With Accounts on Both Indian and Global Exchanges?
KoinX supports 800+ integrations including all major Indian exchanges with deep TDS data capture, as well as global platforms including Binance, Coinbase, and Bybit. It generates country-specific reports for India, the USA, the UK, Australia, and Canada from a single account. For investors who trade across Indian and international platforms and need a compliant report for India specifically, KoinX handles the complete workflow including TDS reconciliation without a separate manual step.
