Koinly scores 6 points above Waltio, led by cost-basis method, complex transactions, and record portability. Koinly ranks #1 and Waltio #7 of 11 published tax software. Every term of the gap is on the ledger below; the inputs are on the audit receipt.
Koinly81
vs
Waltio75
Scores are out of 100; published scores fall within 41–99 · ranks #1 and #7 of 11
Koinly scores 6 points above Waltio, led by cost-basis method, complex transactions, and record portability.
Koinly #1 of 1181
Waltio #7 of 1175
Scores are out of 100; published scores fall within 41–99; a bar is empty at 41 and full at 99.
Why, term by termKoinly leads on 3 of 4 published criteria; Waltio on 1. The terms sum to the gap.
TermKoinlyWaltioWeightPoints
Your tax form8/109/107.7−2.0for Waltio−1.0 of 32
Cost-basis method8/107/106.2+1.6for Koinly+0.8 of 32
Complex transactions8/107/105.3+1.4for Koinly+0.7 of 32
Record portability8/104/104.8+5.0for Koinly+2.6 of 32
Net of the terms+6.0
Reproduced gap+6.0
Weight is in points of the 86-point weighted total. Points are score points of the gap between the two.
Koinly's lead rests on lighter criteria: Waltio is ahead on your tax form, which carries more weight (32) than any criterion Koinly leads on (26).
KoinlyScore 81Names ten statutory forms across ten jurisdictions and ships Sweden's K4 in Skatteverket SRU upload format, but has no German form on any served page, supports only one of Rev. Proc. 2024-28's two allocation methods by its own admission, charges a per-country add-on to file in two places, and puts its 10-year report-access promise in the help centre while the contract reserves the right to delete inactive accounts with no refund.Strength: Named form output — 8/10Watch-out: Two, and the first costs money before it costs time. US buyers: paying does not by itself produce a filled 8949. "USA-specific reports like Schedule D and form 8949 require the 1099-DA flow to be completed. Without the information if you received the 1099-DA form or not, some of the fields cannot be filled." and "If you didn't complete the 1099-DA flow and download reports, some of them will be empty (1kb PDFs)" (https://support.koinly.io/en/articles/13791356-usa-uploading-1099-da-forms-to-koinly, re-loaded 2026-08-19). Now read that against the contract: "Refunds are not possible once you have downloaded any reports and must be made within 7 days of purchase. The refund reason must be related to a bug/issue within Koinly that we are unable to resolve within reasonable time." (https://koinly.io/legal/terms/, reached from https://koinly.io/terms/, loaded 2026-08-19, "Revised on Jan 2, 2026"). Downloading the empty 1kb PDF is itself the act that extinguishes the refund. Second: German and Austrian buyers get NO statutory form. The pricing FAQ names Germany among countries with "specialised tax reports" (https://koinly.io/pricing/), but the help centre's Localized Tax Reports list has no German entry — Germany appears only as a report LANGUAGE, and the countries article routes German filers to the generic artefact ("Our Comprehensive Tax Report is suitable for anyone looking to declare taxes - no matter which country.", https://support.koinly.io/en/articles/9489962-which-countries-does-koinly-calculate-taxes-for). No Anlage SO, no ELSTER handoff, no Austrian E1/E1kv and no FinanzOnline appears on any page loaded. A German filer pays for a Complete Tax Report written in German and transcribes it. And anyone filing in two countries pays the "Dual nationality" add-on again for each extra country, each tax year. THIRD, added in verification: the help centre's "Each yearly plan is valid for 10 years from the date of purchase" has no counterpart in the contract, which reserves the right to terminate "without any prior notice" on grounds including "Any extended periods of inactivity;", to delete "any and all related information, files, and any such content that may be associated with or inside your account, or any part thereof;", and states "If your account is terminated by Us, you will not be entitled to any refund of any monies spent on Koinly." A buyer who pays for a tax year and comes back in year four is relying on a help article, not on a term.WaltioScore 75The deepest named-form work in this category outside the US — Form 2086 and 3916-bis with boxes 8UU/3AN/3BN/3CN/5KU/5JG, Anlage SO with Zeile numbers and the ELSTER path, Italy's Quadro RT/RW and Spain's casilla 1804 — with the lot-matching rule enforced rather than offered as a picker in all five core markets; then it rents the record back, because the transaction export sits two tiers above the tier that produced the report, no new report can be generated once the calendar year ends, and a previous tax year can only be bought if you also hold an active subscription for the current one.Strength: Named form output — 9/10Watch-out: That the 39€ you paid buys a window, not a record — and all four sentences below were re-fetched and matched character-exact on 2026-08-19. Three served sentences compose into one trap: 'At the end of the subscription (end of calendar year), it is no longer possible to generate new reports.' (help.waltio.com/en/articles/4915779), 'To purchase access for a previous tax year, you must have an active subscription for the current year.' (.../5830168), and, on the transaction export, 'This feature is available only for Smart and Unlimited plans.' (.../6014877). So a Lite or Starter buyer who files, cancels, and is asked in 2028 to re-derive 2025 for an audit or an amended return cannot regenerate it, cannot buy 2025 on its own — they must first re-subscribe for whatever the then-current year is, then pay the 2025 tier fee on top, priced on 2025's own transaction count because 'each fiscal year is evaluated independently' (.../5444696) — and never had the raw transaction export at all, because that sits two tiers up at 249€. The article that looks like it should rescue the buyer does not: 'Obtaining a Tax Report for Previous Years' says 'If your subscription allows it, click "All documents" to download the tax documents for the selected year.' The Terms compound it: they are a 'seasonal subscription with automatic renewal' that says nothing about post-lapse access to a purchased year, and instead say 'The User must keep backups of their data.'
Quick facts
At a glance
2 of 3 rows read the same for both.
FactKoinlyWaltio
Entry planSnapshothttps://koinly.io/pricing/ — fetched 29 September 2026; plain curl returns HTTP 403 (Cloudflare interstitial), the page was rendered in headless Chrome (HTTP 200). Header "Simple pricing". Four columns as rendered: FREE "Essential features" "$ 0" "free forever"; NEWBIE "Just getting started" "$ 49" "per tax year"; HODLER "Taking it easy" "$ 99" "per tax year"; TRADER "Hustling like a pro" "$ 199" "per tax year". USAGE row "Transactions": Free "10,000", Newbie "100", Hodler "1000", Trader "3000", with a "10,000+" selector; "Wallets & exchange accounts" "Unlimited" on all four. Under TAX REPORTS the rows "Form 8949, Schedule D", "International tax reports", "Comprehensive audit report" and "Export to TurboTax, TaxACT" are marked "-" on Free. FAQ: "You only need to purchase a plan to download your tax reports." | "You can generate and download unlimited number of reports for the tax year that your plan is valid for." | "If you exceed the limits of our top plan you can purchase additional transactions in the app. Koinly supports up to 100,000 transactions on regular accounts." No fifth price renders. The help article https://support.koinly.io/en/articles/9856841-tax-plans (rendered 29 September 2026, "June 23, 2026") names a fourth paid tier the pricing page does not price — "Pro" "Up to 10.000 transactions" — and the unpriced add-ons "Extra transactions", "Dual Nationality", "Daily Sync" and "Expert Review". Contract (https://koinly.io/legal/terms/, "Revised on Jan 2, 2026", rendered 29 September 2026): "Refunds are not possible once you have downloaded any reports and must be made within 7 days of purchase." Prices unchanged since 19 August 2026.https://www.waltio.com/pricing-2/ — fetched 29 September 2026, HTTP 200, plain curl (JSON-LD dateModified 2026-09-03T13:24:26+00:00). Header: "Your one-click tax return, at the right price." Five cards: Free "0€" "No credit card" ("Manual P&L", "Foreign accounts form"); Lite "39€" "per year" ("Up to 50 transactions", "Capital gains and losses report", "Tax certificate", "Documents export"); Starter "99€" "per year" ("Up to 1,000 transactions", "Step-by-step filing guide"); Smart "Popular" "249€" "per year" ("Up to 10,000 transactions"); Unlimited "999€" "per year" ("Unlimited transactions", "Repatriation of funds", "Tax audit document"). FAQ: "Pricing is calculated based only on transactions from the current tax year." | "However, you can also access tax reports for all previous years dating back to 2019. Since our pricing is based on the number of transactions per year, access to prior years is available for a fee." Billing rules from https://help.waltio.com/en/articles/5830168-billing-pricing-and-subscriptions (dateModified 24 September 2026, fetched 29 September 2026): "Each subscription covers a single tax year ." | "Automatic renewal takes place on October 1st of each year ." | "To purchase access for a previous tax year, you must have an active subscription for the current year." The transaction export (.xlsx) is limited to Smart and Unlimited (https://help.waltio.com/en/articles/6014877-exporting-your-transactions). Prices unchanged since 19 August 2026.
Asset coverageEditorial——
Region fitSnapshotglobalglobal
From the published criteria
Which should you pick?
Koinly
81#1 of 11
Leads
Pick it when
Pick Koinly if cost-basis method matters most — it scores 8/10 to Waltio's 7/10 there (weight 26).
Strength
Named form output — 8/10
Tradeoff
Two, and the first costs money before it costs time. US buyers: paying does not by itself produce a filled 8949. "USA-specific reports like Schedule D and form 8949 require the 1099-DA flow to be completed. Without the information if you received the 1099-DA form or not, some of the fields cannot be filled." and "If you didn't complete the 1099-DA flow and download reports, some of them will be empty (1kb PDFs)" (https://support.koinly.io/en/articles/13791356-usa-uploading-1099-da-forms-to-koinly, re-loaded 2026-08-19). Now read that against the contract: "Refunds are not possible once you have downloaded any reports and must be made within 7 days of purchase. The refund reason must be related to a bug/issue within Koinly that we are unable to resolve within reasonable time." (https://koinly.io/legal/terms/, reached from https://koinly.io/terms/, loaded 2026-08-19, "Revised on Jan 2, 2026"). Downloading the empty 1kb PDF is itself the act that extinguishes the refund. Second: German and Austrian buyers get NO statutory form. The pricing FAQ names Germany among countries with "specialised tax reports" (https://koinly.io/pricing/), but the help centre's Localized Tax Reports list has no German entry — Germany appears only as a report LANGUAGE, and the countries article routes German filers to the generic artefact ("Our Comprehensive Tax Report is suitable for anyone looking to declare taxes - no matter which country.", https://support.koinly.io/en/articles/9489962-which-countries-does-koinly-calculate-taxes-for). No Anlage SO, no ELSTER handoff, no Austrian E1/E1kv and no FinanzOnline appears on any page loaded. A German filer pays for a Complete Tax Report written in German and transcribes it. And anyone filing in two countries pays the "Dual nationality" add-on again for each extra country, each tax year. THIRD, added in verification: the help centre's "Each yearly plan is valid for 10 years from the date of purchase" has no counterpart in the contract, which reserves the right to terminate "without any prior notice" on grounds including "Any extended periods of inactivity;", to delete "any and all related information, files, and any such content that may be associated with or inside your account, or any part thereof;", and states "If your account is terminated by Us, you will not be entitled to any refund of any monies spent on Koinly." A buyer who pays for a tax year and comes back in year four is relying on a help article, not on a term.
Waltio
75#7 of 11
Pick it when
Pick Waltio if your tax form matters most — it scores 9/10 to Koinly's 8/10 there (weight 32).
Strength
Named form output — 9/10
Tradeoff
That the 39€ you paid buys a window, not a record — and all four sentences below were re-fetched and matched character-exact on 2026-08-19. Three served sentences compose into one trap: 'At the end of the subscription (end of calendar year), it is no longer possible to generate new reports.' (help.waltio.com/en/articles/4915779), 'To purchase access for a previous tax year, you must have an active subscription for the current year.' (.../5830168), and, on the transaction export, 'This feature is available only for Smart and Unlimited plans.' (.../6014877). So a Lite or Starter buyer who files, cancels, and is asked in 2028 to re-derive 2025 for an audit or an amended return cannot regenerate it, cannot buy 2025 on its own — they must first re-subscribe for whatever the then-current year is, then pay the 2025 tier fee on top, priced on 2025's own transaction count because 'each fiscal year is evaluated independently' (.../5444696) — and never had the raw transaction export at all, because that sits two tiers up at 249€. The article that looks like it should rescue the buyer does not: 'Obtaining a Tax Report for Previous Years' says 'If your subscription allows it, click "All documents" to download the tax documents for the selected year.' The Terms compound it: they are a 'seasonal subscription with automatic renewal' that says nothing about post-lapse access to a purchased year, and instead say 'The User must keep backups of their data.'
Self-identify in 10 seconds
Which one is actually for you?
KoinlyLeads
Choose Koinly if cost-basis method matters most
Cost-basis method: 8/10 against 7/10 for Waltio (weight 26)
Complex transactions: 8/10 against 7/10 for Waltio (weight 22)
Record portability: 8/10 against 4/10 for Waltio (weight 20)
KoinlyScore 81Names ten statutory forms across ten jurisdictions and ships Sweden's K4 in Skatteverket SRU upload format, but has no German form on any served page, supports only one of Rev. Proc. 2024-28's two allocation methods by its own admission, charges a per-country add-on to file in two places, and puts its 10-year report-access promise in the help centre while the contract reserves the right to delete inactive accounts with no refund.Strength: Named form output — 8/10Watch-out: Two, and the first costs money before it costs time. US buyers: paying does not by itself produce a filled 8949. "USA-specific reports like Schedule D and form 8949 require the 1099-DA flow to be completed. Without the information if you received the 1099-DA form or not, some of the fields cannot be filled." and "If you didn't complete the 1099-DA flow and download reports, some of them will be empty (1kb PDFs)" (https://support.koinly.io/en/articles/13791356-usa-uploading-1099-da-forms-to-koinly, re-loaded 2026-08-19). Now read that against the contract: "Refunds are not possible once you have downloaded any reports and must be made within 7 days of purchase. The refund reason must be related to a bug/issue within Koinly that we are unable to resolve within reasonable time." (https://koinly.io/legal/terms/, reached from https://koinly.io/terms/, loaded 2026-08-19, "Revised on Jan 2, 2026"). Downloading the empty 1kb PDF is itself the act that extinguishes the refund. Second: German and Austrian buyers get NO statutory form. The pricing FAQ names Germany among countries with "specialised tax reports" (https://koinly.io/pricing/), but the help centre's Localized Tax Reports list has no German entry — Germany appears only as a report LANGUAGE, and the countries article routes German filers to the generic artefact ("Our Comprehensive Tax Report is suitable for anyone looking to declare taxes - no matter which country.", https://support.koinly.io/en/articles/9489962-which-countries-does-koinly-calculate-taxes-for). No Anlage SO, no ELSTER handoff, no Austrian E1/E1kv and no FinanzOnline appears on any page loaded. A German filer pays for a Complete Tax Report written in German and transcribes it. And anyone filing in two countries pays the "Dual nationality" add-on again for each extra country, each tax year. THIRD, added in verification: the help centre's "Each yearly plan is valid for 10 years from the date of purchase" has no counterpart in the contract, which reserves the right to terminate "without any prior notice" on grounds including "Any extended periods of inactivity;", to delete "any and all related information, files, and any such content that may be associated with or inside your account, or any part thereof;", and states "If your account is terminated by Us, you will not be entitled to any refund of any monies spent on Koinly." A buyer who pays for a tax year and comes back in year four is relying on a help article, not on a term.
Waltio
Choose Waltio if your tax form matters most
Your tax form: 9/10 against 8/10 for Koinly (weight 32)
WaltioScore 75The deepest named-form work in this category outside the US — Form 2086 and 3916-bis with boxes 8UU/3AN/3BN/3CN/5KU/5JG, Anlage SO with Zeile numbers and the ELSTER path, Italy's Quadro RT/RW and Spain's casilla 1804 — with the lot-matching rule enforced rather than offered as a picker in all five core markets; then it rents the record back, because the transaction export sits two tiers above the tier that produced the report, no new report can be generated once the calendar year ends, and a previous tax year can only be bought if you also hold an active subscription for the current one.Strength: Named form output — 9/10Watch-out: That the 39€ you paid buys a window, not a record — and all four sentences below were re-fetched and matched character-exact on 2026-08-19. Three served sentences compose into one trap: 'At the end of the subscription (end of calendar year), it is no longer possible to generate new reports.' (help.waltio.com/en/articles/4915779), 'To purchase access for a previous tax year, you must have an active subscription for the current year.' (.../5830168), and, on the transaction export, 'This feature is available only for Smart and Unlimited plans.' (.../6014877). So a Lite or Starter buyer who files, cancels, and is asked in 2028 to re-derive 2025 for an audit or an amended return cannot regenerate it, cannot buy 2025 on its own — they must first re-subscribe for whatever the then-current year is, then pay the 2025 tier fee on top, priced on 2025's own transaction count because 'each fiscal year is evaluated independently' (.../5444696) — and never had the raw transaction export at all, because that sits two tiers up at 249€. The article that looks like it should rescue the buyer does not: 'Obtaining a Tax Report for Previous Years' says 'If your subscription allows it, click "All documents" to download the tax documents for the selected year.' The Terms compound it: they are a 'seasonal subscription with automatic renewal' that says nothing about post-lapse access to a purchased year, and instead say 'The User must keep backups of their data.'
Criterion by criterion
Scorecard
Published criteria · weight in points of 868 of 8 cells scored. Strength is read from the evidence file; the weight is the published one. Methodology
Your tax form
by 1 of 10weight 7.7 of 86Waltio leads
Koinly8/10 out of 10
Waltio9/10 out of 10
Cost-basis method
by 1 of 10weight 6.2 of 86Koinly leads
Koinly8/10 out of 10
Waltio7/10 out of 10
Complex transactions
by 1 of 10weight 5.3 of 86Koinly leads
Koinly8/10 out of 10
Waltio7/10 out of 10
Record portability
by 4 of 10weight 4.8 of 86Koinly leads
Koinly8/10 out of 10
Waltio4/10 out of 10
Score dimensions
weights sum to 86
The published score is five dimensions, each weighted for the category. "Published criteria" is the criteria block above; the other four are the engine's own terms — availability, friction, trust record, measured data. Each bar is one side's points out of that dimension's maximum; the weight beside the name is its points of the 86-point weighted total. The published criteria above can fill 24 of the block’s 30. A weight marked “constant here” belongs to a dimension every ranked product in the category holds at the same value: it still counts in the total, and it orders nothing here.
Availabilityweight 20 of 86 · constant here
Koinly14/20Waltio14/20
Tie
Published criteriaweight 30 of 86
Koinly19.2/30Waltio16.9/30
Koinly leads
Frictionweight 10 of 86 · constant here
Koinly2.7/10Waltio2.7/10
Tie
Trust recordweight 8 of 86 · constant here
Koinly3.2/8Waltio3.2/8
Tie
Measured dataweight 18 of 86 · constant here
Koinly8.3/18Waltio8.3/18
Tie
Decision rulePublished order
Choose Koinly unless the term Waltio leads on is the one you are buying.
Pick Waltio if your tax form matters most — it scores 9/10 to Koinly's 8/10 there (weight 32).
The published order weighs every criterion the same way for everyone. To weigh them your way, run .
From the published order
Next best action
If this isn't your case
Other matchups worth comparing
How you can lose money here, and what the ranking scores
Regulatory failure: no licence where you are, or a forced market exit.
Scored by Which country's actual tax form comes out at the end — named, and for the year I am filing? · 32% (Koinly 8/10, Waltio 9/10)
Exit failure: you cannot get out at par, on time, or with what is yours.
Scored by Can my accountant take this without redoing it — and if I stop paying, does my per-lot basis still leave with me? · 20% (Koinly 8/10, Waltio 4/10)
Information failure: the number is wrong or bought, or your data leaks.
Scored by Which lot did it decide I sold, and does that method match what my tax authority actually requires? · 26% (Koinly 8/10, Waltio 7/10)
Scored by My history has DeFi, staking, NFTs, a rug and ten transfers between my own wallets — what does it do with each one? · 22% (Koinly 8/10, Waltio 7/10)
Every failure family that applies to this category is scored.
Questions
Frequently asked questions
Koinly scores 6 points above Waltio, led by cost-basis method, complex transactions, and record portability. Published scores, out of 100: Koinly 81 (rank 1 of 11 tax software), Waltio 75 (rank 7 of 11).
Reviewed means both products compared here was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
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