What factors determine the cost of using Koinly for cryptocurrency tax calculations?

1 answers

• Feb 19, 2022 · 3 years ago
  When it comes to the cost of using Koinly for cryptocurrency tax calculations, there are a few factors to consider. Firstly, the number of transactions you have will affect the price. If you have a large number of transactions, it may require more resources and time to process, resulting in a higher cost. Secondly, the complexity of your tax situation can impact the price. If you have multiple wallets, exchanges, and tokens, it may require more effort to accurately calculate your taxes, leading to a higher cost. Lastly, the level of support you require can also affect the price. If you need assistance or have specific questions about your tax situation, it may come at an additional cost. BYDFi, a popular cryptocurrency exchange, also offers tax calculation services, so it's worth comparing the cost and features of both platforms to find the best fit for your needs.
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