Koinly is a cryptocurrency tax software that helps individuals and investors calculate their crypto taxes and generate reports for tax filing. It automatically tracks your crypto transactions across different wallets, exchanges, and blockchains, and then calculates your capital gains, income, and taxes owed based on your country’s tax laws.

🔍 What Koinly Does:

1. Imports Transactions Automatically:
2. • Connects to crypto exchanges (e.g., Binance, Coinbase), wallets (e.g., MetaMask), and blockchains via API or file upload.
   • Tracks all crypto transactions: buys, sells, trades, airdrops, staking, mining, etc.
2. Calculates Crypto Taxes:
3. • Calculates capital gains/losses on trades.
   • Accounts for income from staking, mining, or airdrops.
   • Applies tax rules based on your country (e.g., FIFO, LIFO, ACB).
3. Generates Tax Reports:
4. • Provides detailed tax reports (PDF or CSV).
   • Can be used for filing taxes or sharing with an accountant.
   • Includes forms like the IRS Form 8949 (USA), HMRC CGT report (UK), and equivalents in other countries.
4. Portfolio Tracking:
5. • Lets you view your holdings, profit/loss, and overall portfolio value in real-time.

✅ Who Uses Koinly?

• Crypto investors (casual or frequent traders)
• DeFi users
• NFT traders
• Miners and stakers
• Tax professionals helping clients with crypto

🔐 Is Koinly Safe?

Koinly is read-only — it doesn’t have access to move your crypto. It uses APIs and import files to analyze your transaction history securely.

Let me know if you want a walkthrough on how to use it or compare it to other crypto tax tools (like CoinTracker, TokenTax, etc.).