Where Koinly wins
Koinly leads with "Crypto tax reports in under 20 minutes", and that is a fair description of what it is for. If you need a document to file, we do not compete: WhereItGoes produces no downloadable tax report at any price, and no comparison table changes that.
Its free tier is also more generous than most in one specific way. Portfolio tracking, a capital-gains preview, DeFi and NFT import, FIFO, LIFO and average cost, transfer matching, spam detection, API sync and CSV import are all there without paying. Koinly puts the boundary in one sentence:
You only need to purchase a plan to download your tax reports.
That is a clean deal, honestly stated, and it is the right one if the report is what you came for.
Where the two actually differ
Both tools rebuild your history and both match transfers between your own accounts. Ours is documented if you want to check the reasoning rather than take it on trust: how the history is rebuilt and how a transfer is told apart from a sale. The differences are about what the free tier counts, what the price is attached to, and what the product is trying to be when the tax year ends.
| Capability | WhereItGoes | Koinly | What that means |
|---|---|---|---|
| Downloadable tax reports | No | Yes | Koinly produces Form 8949, Schedule D, international reports, an audit report and a TurboTax export. We produce none of these, at any price. |
| Transfer matching | Yes | Yes | Both link a withdrawal to the matching deposit automatically, and both do it on the free tier. Koinly publishes its rules: same asset, within 12 hours, within 20%, with a hash check. |
| Free without a transaction cap | Yes | No | Koinly free stops at 10,000 transactions, with unlimited wallets and exchanges and no cut-off on how far back it reads. We cap accounts instead: 2 exchanges and 5 wallets, one account per exchange. |
| Spam detection on free | Yes | Yes | Both filter scam airdrops without payment. Koinly also includes DeFi and NFT import, API sync and CSV import on its free tier. |
| NFT valuation | No | Partial | Koinly imports NFTs but states it has no price feed for NFT collections. Our NFT support is minimal, so neither of us suits an NFT-heavy portfolio. |
| One price, not one per tax year | Yes | No | Koinly is priced per tax year at $49, $99, $199 or $299 by transaction count, and the amounts vary by region. Pro here is $12.99 a month or $120 a year, and it is not tied to a tax year. |
Each capability above links to the Koinly page the claim was read from, checked on 2026-08-10. Feature lists and prices change without notice: if one of these has moved, tell us at support@whereitgoes.money and we will correct it.
What "free" means on each side
Koinly caps transactions. Free covers 10,000 of them, across unlimited wallets and exchanges, with no cut-off on how far back it reads. If you trade lightly, that ceiling may never touch you. If you use a bot, farm on-chain, or have been at this since 2017, 10,000 goes quickly, and the cap is counted across your whole account rather than per venue.
We cap accounts instead. Free connects 2 exchanges and 5 wallets, one account per exchange, drawn from 11 exchanges and 52 chains. Inside those accounts nothing is withheld: no transaction ceiling, no history cut-off, the full profit and loss, cost basis and the whole visual story.
The two models fail differently, and that is the useful thing to know in advance. Koinly stops counting when your history gets big. We stop when your money gets spread across more places than the free tier holds. Pick the one whose failure mode is further from you.
Per tax year, or per month
Koinly prices per tax year, at $49, $99, $199 or $299 depending on how many transactions that year holds, with the amount varying by region. That fits a product you visit in April. It fits less well if what you want is a number you can look at in July.
Pro here is $12.99 a month or $120 a year, and it buys live auto-syncing, exports, alerts, the advisor layer and unlimited accounts. It does not buy a tax report, because we do not have one. The full breakdown is on the pricing page.
Which one to use
Use Koinly if a filing is the deliverable. Use us if the deliverable is understanding: which accounts your money actually sits in, what it cost you, what it is doing now, and which transfers between your own wallets were never sales in the first place.
Plenty of people should use both, and that is a normal answer rather than a diplomatic one. A tax tool that is right once a year and a tracker that is right every day are not really the same purchase. If you are weighing the filing tools against each other rather than against us, CoinTracker is the other one worth reading, and we keep an eye on what happens to your keys whichever you pick.
We would rather you read our own limits before you trust a page where we chose the comparison. No downloadable tax reports, no live DeFi position valuation, minimal NFT support, no mobile app, and history that stops where each exchange API stops: what WhereItGoes does not do