Blockpit vs Koinly
Side-by-side comparison of features, pricing, ratings, and alternatives.
Blockpit is a cryptocurrency portfolio tracking and tax calculation platform that connects wallets and exchanges through more than 700 integrations to automatically import transactions. It detects taxable events, computes gains and losses according to local tax rules, and generates ready-to-file reports covering more than 100 countries.
Koinly is crypto tax and portfolio tracking software that imports transaction history from exchanges, wallets, and blockchains, then calculates capital gains, income, and taxes owed. It supports multiple cost-basis methods including FIFO, LIFO, HIFO, and country-specific rules like UK Share Pooling, and it automatically matches transfers between a user's own wallets within a 12-hour window to avoid mistakenly taxing them as sales. The free plan allows unlimited transaction imports and full portfolio tracking, but generating downloadable tax reports such as IRS Form 8949 requires a paid plan, priced from $49 to $279 per tax year depending on transaction volume. Koinly produces localized tax reports for more than 100 countries and integrates with tax filing tools such as TurboTax and TaxAct.
- Free portfolio tracking tier with no cost to monitor holdings
- Very broad exchange and wallet integration coverage
- Localized tax reports for over 100 countries
- Partnerships with established platforms like Ledger and Bitpanda
- Free plan allows unlimited imports to preview gains before paying
- Broad exchange and wallet coverage with automated import
- Supports complex activity like DeFi, staking, and NFTs
- Localized reports for 100+ countries, not just the US
- Tax report generation requires payment starting at EUR 49 per tax year
- Tax rule coverage and accuracy still depends on correct transaction categorization
- Primarily focused on tax compliance rather than active trading tools
- Actual downloadable tax reports require a paid plan even after full import
- Pricing scales with transaction count, which can get expensive for active traders
- Complex DeFi transactions sometimes need manual review to categorize correctly
More alternatives & similar tools
Alternatives to Blockpit
View all →Track your crypto portfolio and generate accurate tax reports across hundreds of exchanges and wallets.
Crypto tax software that calculates gains, losses, and income across exchanges, wallets, and DeFi.
Alternatives to Koinly
View all →The Verdict
AI-generated from listing dataBoth Koinly and Blockpit offer free portfolio tracking, but Koinly gives unlimited import previews and broader DeFi/NFT support, while Blockpit provides a larger integration list and an advisor program; the main trade‑off is depth of tax features vs. breadth of connections.
Key differences
- •Koinly lets you import unlimited transactions on the free tier to preview gains, Blockpit’s free tier is tracking‑only.
- •Koinly supports multiple cost‑basis methods (FIFO, LIFO, HIFO, ACB) and DeFi/NFT tracking; Blockpit does not mention these specifics.
- •Blockpit integrates with over 700 wallets/exchanges and offers an API; Koinly mentions “hundreds” without an API.
- •Blockpit includes a dedicated advisor program for tax professionals; Koinly has no such program.
- •Both require paid plans for full tax report generation, but Blockpit’s tax reports start at EUR 49 per tax year, while Koinly’s pricing scales with transaction count.
Pricing & value
Koinly’s free plan includes unlimited transaction imports; Blockpit’s free tier only tracks holdings.
Ease of use / learning curve
Both provide automated imports and a web UI; no data on relative UI complexity.
Features & depth
Koinly offers multiple cost‑basis methods, DeFi, staking, NFT tracking, and direct export to tax software.
Integrations & ecosystem
Blockpit lists >700 wallet/exchange integrations and an API; Koinly lists “hundreds” without API.
Collaboration
Blockpit provides an advisor program for tax professionals; Koinly has no collaboration feature.
Scalability
Blockpit’s API and broader integration list support larger, automated workflows; Koinly scales via transaction‑count pricing.
Support
Blockpit mentions partnerships (Ledger, Bitpanda) and advisor program, implying stronger professional support.
Choose Blockpit if…
Users who prioritize the widest exchange coverage, API access, and professional advisor support.
Choose Koinly if…
Crypto traders needing deep DeFi/NFT tax calculations and unlimited free import previews.
Common questions
Can I generate a tax report for free?
No. Both require a paid plan: Blockpit starts at EUR 49 per tax year; Koinly’s tax reports need a paid tier based on transaction count.
Which tool supports DeFi and NFT transactions?
Koinly explicitly supports DeFi, staking, liquidity pools, and NFTs; Blockpit does not list these capabilities.
Do either platforms offer an API for automated imports?
Blockpit states an API is available; Koinly does not mention an API.