Is koinly a good crypto tax software?

When it comes to the question of whether Koinly is a good crypto tax software, it's important to weigh the pros and cons. Koinly offers users a comprehensive solution for tracking and managing their cryptocurrency transactions, which is crucial for accurate tax reporting. It boasts features like automatic syncing with exchanges and wallets, support for multiple currencies, and detailed reporting capabilities. However, some users may find the interface a bit overwhelming at first, and there are some limitations in terms of supported exchanges and wallets. Additionally, pricing can be a factor, as Koinly offers both free and premium plans with varying features. So, ultimately, whether Koinly is a good crypto tax software depends on your specific needs and preferences. If you're looking for a comprehensive solution that can handle all your crypto tax needs, Koinly is worth considering. But if you're on a tight budget or prefer a more simplified interface, you may want to explore other options.