What are the pros and cons of using Koinly versus Crypto Tax Calculator?

1 answers

• Dec 18, 2021 · 3 years ago
  As an expert in the field, I can say that both Koinly and Crypto Tax Calculator have their pros and cons. Koinly is known for its user-friendly interface and extensive support for exchanges and wallets. It offers accurate tax calculations and generates detailed tax reports. However, some users have reported issues with importing data from certain exchanges, which can be a drawback. On the other hand, Crypto Tax Calculator offers advanced features like automatic data import and real-time tax calculations. It also provides personalized tax advice based on your unique situation. However, the interface can be overwhelming for beginners and it may not support all exchanges and wallets. In my opinion, it's important to carefully evaluate your specific needs and preferences before choosing between the two.
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