Blockpit
Blockpit is a specialized crypto tax software providing automated portfolio tracking and legal tax reporting for digital assets to ensure your compliance with local tax regulations.
Koinly
Koinly is a cryptocurrency tax software that helps you calculate your capital gains and income by syncing your wallets and exchanges to generate compliant tax reports.
Quick Comparison
| Feature | Blockpit | Koinly |
|---|---|---|
| Website | blockpit.io | koinly.io |
| Pricing Model | Freemium | Freemium |
| Starting Price | Free | Free |
| FREE Trial | ✘ No free trial | ✘ No free trial |
| Free Plan | ✓ Has free plan | ✓ Has free plan |
| Product Demo | ✘ No product demo | ✘ No product demo |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2017 | 2018 |
| Headquarters | Linz, Austria | London, UK |
Overview
Blockpit
Blockpit simplifies the complex world of crypto taxes by automatically syncing your transactions across hundreds of exchanges and wallets. You can stop worrying about manual spreadsheets and let the platform calculate your gains, losses, and tax liabilities based on your specific country's tax laws. It supports a wide range of assets including DeFi, NFTs, and staking rewards, giving you a clear picture of your entire portfolio in one place.
The platform is designed for individual investors and tax professionals who need accurate, audit-ready reports. You can generate country-specific tax forms with just a few clicks, ensuring you meet your legal obligations without the stress. Whether you are a casual trader or a high-volume investor, the software scales to handle your transaction history while keeping your data secure and private.
Koinly
Koinly is a cryptocurrency tax platform designed to simplify the complex process of tracking your digital assets and calculating your tax obligations. You can connect your exchange accounts, private wallets, and blockchain addresses to automatically import your entire transaction history. The software then reconciles your data, identifies transfers between your own wallets, and calculates your capital gains or losses using approved accounting methods like FIFO or LIFO.
You can use the platform to monitor your portfolio's performance in real-time while ensuring you stay compliant with local tax laws in over 20 countries. It solves the headache of manual spreadsheet tracking by identifying missing market prices and highlighting potential errors in your data. Whether you are a casual investor or a high-frequency trader, you can generate ready-to-file tax reports like the IRS Form 8949 or TurboTax entries in just a few minutes.
Overview
Blockpit Features
- Automated Data Sync Connect your exchanges and wallets via API or public keys to import all your transaction history automatically.
- Country-Specific Reports Generate pre-filled tax forms tailored to the specific legal requirements of your country to ensure full compliance.
- Portfolio Tracking Monitor your real-time performance and asset allocation across all platforms in one unified and easy-to-read dashboard.
- DeFi & NFT Support Track complex transactions including liquidity mining, staking, and NFT trades without needing to manually categorize every entry.
- Tax Optimization Tools Identify unrealized losses and gains so you can make informed trading decisions to minimize your future tax burden.
- Error Detection Find and fix missing data or transaction gaps with automated warnings that help you maintain an audit-proof record.
Koinly Features
- Automatic Data Sync. Connect your exchanges and wallets via API or public keys to automatically import your transaction history without manual entry.
- Portfolio Tracking. View your total holdings, ROI, and unrealized gains across all your platforms in one unified, real-time dashboard.
- Tax Report Generation. Download localized tax documents like Form 8949, Schedule D, and international reports tailored to your specific country's requirements.
- Error Reconciliation. Identify and fix missing transaction data or duplicate entries with built-in tools that highlight inconsistencies in your records.
- DeFi & NFT Support. Track your decentralized finance activities and NFT trades across multiple blockchains to ensure every transaction is accounted for.
- Tax Loss Harvesting. Identify assets that are currently at a loss so you can sell them to offset your capital gains and lower your tax bill.
Pricing Comparison
Blockpit Pricing
- Unlimited transactions
- Unlimited wallet sync
- Real-time portfolio tracking
- Manual data entry
- Global tax calculation
- Everything in Free, plus:
- Up to 50 transactions per year
- Tax report for one country
- Audit-proof PDF export
- DeFi and NFT support
- Priority tax law updates
Koinly Pricing
- Up to 10,000 transactions
- Unlimited wallet sync
- Portfolio tracking
- Capital gains preview
- DeFi & NFT support
- Everything in Free, plus:
- Up to 100 transactions
- Downloadable tax reports
- IRS Form 8949 & Schedule D
- TurboTax & TaxAct export
- Comprehensive audit trail
Pros & Cons
Blockpit
Pros
- Excellent support for European tax jurisdictions
- Unlimited transaction syncing on the free plan
- Clean and intuitive user interface for beginners
- Handles complex DeFi and NFT transactions well
Cons
- Tax reports require payment per tax year
- Limited features for users outside supported countries
- Occasional API sync delays with smaller exchanges
Koinly
Pros
- Extensive support for over 700 exchanges and wallets
- User interface is clean and easy to navigate
- Accurate handling of complex DeFi and staking transactions
- Excellent customer support and detailed help documentation
Cons
- API sync can occasionally require manual troubleshooting
- Pricing increases significantly for high-volume traders
- Large datasets can take time to process