Awaken Tax vs Koinly

Awaken Tax9.4Visit KKoinly9.0Visit

Higher score Awaken Tax #1 in Crypto Tax Software 9.4/10 Free plan Free plan✓ 2 of 2 features Visit Awaken Tax

vs

K Koinly #3 in Crypto Tax Software 9.0/10 Free plan Free plan✓ 2 of 2 features Visit Koinly

• Awaken Tax fits best

  Global users needing broad crypto-tax coverage

• Koinly fits best

  International users needing broad tax support

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Side by side

Feature	Awaken Tax 9.4/10 Visit ↗	KKoinly 9.0/10 Visit ↗
At a glance
Editor score	9.4	9.0
Ranking	#1 in Crypto Tax Software	#3 in Crypto Tax Software
Best for	Global users needing broad crypto-tax coverage	International users needing broad tax support
Pricing model	Free plan + paid	Free plan + paid
Starting price	$99/yr	—
Free plan	✓	✓
Free trial	—	—
Deployment	Cloud	Cloud
Platforms	Web	Web
Support	Email, Live chat, Docs	Email, Live chat, Docs
Compliance	SOC 2, 2FA	SOC 2, ISO 27001, GDPR
Integrations	500+ integrations	1,000+ integrations
Built for	Solo, Small business, Mid-market	Solo, Small business, Mid-market
Features Awaken Tax 2/2 · Koinly 2/2
DeFi support	✓	✓
NFT support	✓	✓
Specs
Transaction limit	300 transactions (best)	100 transactions
Supported jurisdictions	United States, Canada, Australia, United Kingdom, Germany, New Zealand, Austria, Belgium, Finland, France, Greece, Ireland, Italy, Netherlands, Norway, Denmark, Spain, Portugal, South Africa, Sweden, Iceland, Poland, Chile, Japan, South Korea, Singapore, Hong Kong, Israel, United Arab Emirates, Saudi Arabia, Brazil, Mexico, Argentina, Colombia, Peru, Switzerland, Turkey, Russia, India, Ukraine, Indonesia, Pakistan, Malaysia, Egypt, Nigeria, Vietnam, Philippines, Thailand, Czech Republic, Romania, Hungary, Kazakhstan, Kenya, Morocco, Bangladesh	USA, Canada, Australia, New Zealand, Brazil, Mexico, South Africa, UK, Germany, France, Spain, Finland, Norway, Sweden, Denmark, Netherlands, Belgium, Liechtenstein, Luxembourg, Ireland, Switzerland, Iceland, Malta, Czech Republic, Poland, Estonia, Ukraine, Japan, South Korea, Singapore, India
Import connections	500 sources	Not checked yet
Tax form formats	Form 8949, Schedule D, 1099-DA reconciliation, TurboTax export, TaxAct export	USA IRS Form 8949, Schedule D, Schedule 1; UK HMRC Capital Gains Summary; Sweden K4; Switzerland Valuation Report; Finland Lomake 9; Canada Schedule 3; Australia ATO Summary and Trading Stock Report; France Formulaire 2086; Spain Capital Gains Summary; Norway RF1159; TurboTax; TaxAct; CSV; TXF
Our review
Pros	Supports DeFi, NFTs, staking, lending, and liquidity activity Imports from 500 connections plus exchanges, wallets, blockchains, and CSV Exports Form 8949, Schedule D, TurboTax, TaxAct, and reconciles 1099-DA	Imports exchanges, wallets, blockchains, and CSV files Supports DeFi, staking, lending, airdrops, NFTs, and smart transfer matching Provides country-specific reports and multiple cost-basis methods
Cons	The free Minnow plan has no tax-report exports Higher transaction volumes require increasingly expensive annual plans Portfolio tracking and tax reporting are split across plan tiers	Paid plans are required to download tax reports The product is available on the web only Some advanced capabilities vary by plan
Our verdict	Awaken Tax is hosted software for calculating cryptocurrency gains, losses, income, and tax reports. It is designed for individual traders, crypto businesses, and funds managing activity across exchanges, wallets, blockchains, and CSV… Read the review →	Koinly is web-based crypto tax software for individuals, traders, and accountants managing digital-asset activity. It imports transactions from exchanges, wallets, blockchain addresses, and CSV files, then tracks portfolios and calculates… Read the review →

Strengths and trade-offs

• Awaken Tax — where it wins

  • Supports DeFi, NFTs, staking, lending, and liquidity activity
  • Imports from 500 connections plus exchanges, wallets, blockchains, and CSV
  • Exports Form 8949, Schedule D, TurboTax, TaxAct, and reconciles 1099-DA

  Where it doesn't

  • The free Minnow plan has no tax-report exports
  • Higher transaction volumes require increasingly expensive annual plans
  • Portfolio tracking and tax reporting are split across plan tiers

• Koinly — where it wins

  • Imports exchanges, wallets, blockchains, and CSV files
  • Supports DeFi, staking, lending, airdrops, NFTs, and smart transfer matching
  • Provides country-specific reports and multiple cost-basis methods

  Where it doesn't

  • Paid plans are required to download tax reports
  • The product is available on the web only
  • Some advanced capabilities vary by plan

• Awaken Tax9.4/10 · Free plan

  Broad crypto-tax coverage with a free tier and paid reporting plans.

  Visit Awaken TaxFull verdict →
• KKoinly9.0/10 · Free plan

  Broad crypto tax coverage with free portfolio tracking and international reports.

  Visit KoinlyFull verdict →