Koinly vs rotki

Koinly calculates cryptocurrency taxes and helps users prepare tax reports. It imports exchange history through APIs or CSV files and connects blockchain wallets using public addresses; private keys are not required. Koinly says it auto-syncs from 1,000+ direct integrations and 7,200+ DeFi protocols, with unlimited CSV imports. It supports DeFi and NFT transactions, displays holdings, return on investment, and growth over time, and can show the potential impact of tax-loss harvesting. Reports include US Form 8949 and are available for 20+ countries. The free plan includes portfolio tracking and a preview of capital gains. Paid plans are purchased for specific tax years rather than as subscriptions: Newbie costs $49 a year per tax year, Hodler $99 a year per tax year, and Trader from $199 a year per tax year. Regular accounts support up to 100,000 transactions, with additional transactions purchasable in the app above the top-plan limit. Koinly lists web, Android, and iOS, with mobile apps identified as beta options.

rotki is an open-source, self-hosted portfolio manager, accounting, and analytics tool focused on privacy. It runs locally on Linux, macOS, and Windows, with data stored on the user's device in a SQLCipher database encrypted using 256-bit AES. Exchange connections use read-only API keys processed locally, while blockchain access uses RPC endpoints chosen by the user. The dashboard tracks assets, liabilities, exposure percentages, and changes in net worth. rotki turns on-chain activity into readable events and generates profit-and-loss and tax reports. Listed integrations cover numerous chains, including Ethereum, Bitcoin, Avalanche, Polygon PoS, Arbitrum One, and Base, with early Solana support; the product says it detects and decodes more than 140 DeFi protocols. Premium adds graphs and analytics, advanced staking, higher event limits, decentralized-exchange accounting, and DeFi historical profit-and-loss reporting. It also allows encrypted database backup and synchronization across devices. The Free and Starter plans include up to 1,000 recent events and 10 notes; Starter lists no ETH staking. Supporter is €9 a month, Basic is €25 a month, and Advanced is €45 a month.