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Koinly · NorriWire
Koinly
Koinly Ltd (Lielbritānija; UK reģistrēta) · GB · 20 countries served
★ 4.6 / 5
Koinly (Koinly Ltd, UK, founded 2018 in London by CEO Robin Singh) is the global leader in crypto-tax software. 850+ exchange integrations, 50+ blockchains, 20,000+ cryptocurrencies. Per-tax-year pricing ($49-$279), free tier up to 10,000 transactions for portfolio tracking. The only global tool with official form generation in all 7 Norriwire target markets (LV D-21, LT GPM308, EE Tulu dekl., FI Lomake 9, SE K4, NO RF-1359, DK Årsopgørelse).
Affiliate disclosure: if you sign up with Koinly via this link, NorriWire may receive a commission. It costs you nothing extra and does not affect the price. See our .
Pricing plans
Free
Free
Up to 10,000 transactions
✓Pilns portfeļa pārskats līdz 10 000 transakciju
✓850+ biržu integrācijas
✓Capital gains preview
✓BEZ oficiāla nodokļu pārskata eksporta
Newbie
45 €/yr
Up to 100 transactions
✓Pilns nodokļu pārskats par 1 nodokļu gadu
✓Visu valstu oficiālās formas (LV D-21, LT GPM308, EE Tulu dekl., FI Lomake 9, SE K4, NO RF-1359, DK Årsopgørelse)
✓IRS Form 8949 (ASV), HMRC Capital Gains Summary (UK)
✓GDPR compliance, AES-256 API key encryption, READ-only access
✓Trustpilot rating 4.6 from 40,000+ reviews
Cons
✗Per-tax-year model can get expensive long-term ($895 over 5 years on Trader)
✗Free tier does not generate official reports - only portfolio view
✗No LV/LT/EE/FI UI localisation - English only (plus a few larger languages)
✗DeFi accuracy may need manual classification for newer protocols
✗Historical price data can differ from actual exchange fills - 1-2% capital-gains error risk
✗
Full review
Koinly - the global crypto-tax leader with Baltic and Nordic form support
Koinly (legally Koinly Ltd, founded in 2018 in London, founder and CEO Robin Singh) is one of the global leaders in crypto-tax software. The service automates capital-gains calculations, crypto transaction tracking and tax-return generation for 100+ countries. In the Norriwire context Koinly is especially relevant because it is the only global tool that supports official tax-form generation in all seven Baltic and Nordic jurisdictions - LV (Form D-21), LT (GPM308), EE (Tulu deklaratsioon Form A), FI (Lomake 9), SE (K4), NO (RF-1359) and DK (Årsopgørelse).
Widest integration network - 850+ exchange integrations (vs 600-700 for most competitors). If you have ever used a smaller exchange or a DEX, the probability that Koinly recognises it is high.
A genuinely usable free tier - up to 10,000 transactions for portfolio tracking with no fee. Most competitors (CoinLedger, ZenLedger) cap the free tier at a few hundred transactions or a trial window. Koinly's free tier is real-world usable even for active traders - you only pay when you want to export an official tax report.
Per-tax-year pricing - you do not pay a monthly subscription. You pay once per year when you want to generate the return. Even the Pro tier ($279) is cheaper for a single year than half a year of many subscription competitors.
Pricing structure - per tax year, not subscription
Koinly's pricing is not a subscription (as most SaaS would be). You pay once for a specific tax year and you get all reports and forms for that year. Prices are indicative (can vary slightly year-to-year and by region):
Tier
Price (USD/EUR per tax year)
Transaction limit
Key features
Free
$0
up to 10,000
Full portfolio view, capital gains preview, NO report generation
Newbie
$49 (~€45)
100
Full tax report, all country forms
Hodler
$99 (~€92)
1,000
Newbie + larger transaction limit
Trader
$179 (~€166)
3,000
Hodler + DeFi, NFT, margin/futures support
Pro
$279 (~€259)
10,000+
Trader + priority customer support, unlimited transaction history
Practical implication: if you are a typical Baltic / Nordic crypto user with 100-500 transactions per year, the Newbie tier ($49) is enough. If you are more active (DEX trading, DeFi farming, NFT), the Trader tier ($179) fits most cases.
Support for the 7 Norriwire target countries
Koinly's key strength for Baltic and Nordic users is official tax-form generation for each country:
Country
Tax authority
Form
Form name
🇱🇻 LV
VID
✓
Form D-21 / capital gains
🇱🇹 LT
VMI
✓
GPM308
🇪🇪 EE
MTA (EMTA)
✓
Tulu deklaratsioon (Form A)
🇫🇮 FI
Verohallinto
✓
Lomake 9
🇸🇪 SE
Skatteverket
✓
K4 / K15
🇳🇴 NO
Skatteetaten
✓
RF-1359
🇩🇰 DK
Skattestyrelsen
✓
Årsopgørelse
Why this matters: most international crypto-tax tools only generate a PDF summary with capital-gains numbers - you then have to manually transcribe them into your country's official form. Koinly skips this step - you receive the form that maps directly into your country's declaration structure.
In the Latvian context: since 1 January 2025 the capital-gains rate is 20% (down from 25.5%). Koinly's D-21 form automatically applies that rate.
What is actually supported
Full crypto transaction coverage:
Spot trading (across all 850+ exchanges)
DeFi (Uniswap, Aave, Curve, Compound, GMX and many more)
NFT (Ethereum, Solana, Polygon, other chains)
Staking (Ethereum, Polkadot, Cardano, Cosmos, Solana and many more)
Mining (BTC, classic ETH, GPU/CPU mining)
Margin trading (Bitfinex, Binance Futures, dYdX)
Futures (perpetual, expiring)
Rewards (airdrops, hard forks, referral)
Cost-basis methods:
FIFO (First In, First Out) - the standard in most countries
LIFO (Last In, First Out)
HIFO (Highest In, First Out) - not allowed in many jurisdictions
AVCO (Average Cost) - the UK standard
Specific identification - each lot individually
Latvian VID and Lithuanian VMI typically accept FIFO as the default. Koinly automatically applies the right method based on your selected country.
Data import methods:
CSV files (all exchanges support export)
API integration (700+ exchanges)
Wallet sync (Ethereum, Bitcoin, Solana etc. blockchains directly)
Manual entry (when an exchange isn't supported)
Security and compliance
GDPR compliance (EU customer data processed in EU)
API READ-only access to exchanges (Koinly CANNOT trade on your behalf)
API key encryption AES-256
2FA on the Koinly account
Data export and deletion on request (GDPR Article 17)
Cloud infrastructure on AWS and Google Cloud (EU regions)
One-off payment model - Koinly never adds a recurring charge to your card
Trustpilot rating - around 4.6 from 40,000+ reviews. Positive themes are automation accuracy, the wide integration set and a clean UX. Negative themes cluster around DeFi complexity (because DeFi protocols are heterogeneous) and the occasional need to manually classify edge-case transactions.
Five risks and limitations worth saying out loud
1. DeFi accuracy may need manual classification. Even though Koinly supports most DeFi protocols, new or rarely used protocols can produce incomplete automatic classification. You need to review and sometimes manually fix transactions before export.
2. Historical price data may differ. Koinly uses its own price feed, which can differ slightly from your exchange's actual fill prices. Rare, but can produce 1-2% capital-gains errors for high-volume traders.
3. Per-tax-year pricing can get expensive over time. If you pay $179 every year, that's $895 over five years. Subscription tools (Blockpit, CoinTracking) can be cheaper long-term if you use them actively.
4. The free tier does not generate official reports. The free tier is an excellent portfolio tracker, but you have to pay to file a tax return. Some alternatives (Divly) offer free report export for smaller users.
5. No LV/LT/EE UI localisation. Koinly's UI is in English (and a handful of larger languages). While form generation supports LV/LT/EE, the application itself isn't localised. That can be a barrier for users with limited English.
Who Koinly fits
A Baltic or Nordic user who wants official form generation - this is Koinly's headline strength. Other tools' form generation in our region is weaker or non-existent.
An active trader with 100-3,000 transactions per year - Newbie ($49) or Hodler ($99) is the sweet-spot price-to-feature ratio.
A user with DeFi/NFT/staking activity - Trader ($179) covers the more complex crypto transaction types.
A user who wants free portfolio monitoring - the free tier (10,000 transactions) is the best on the market.
For tax filings across multiple countries simultaneously - if you live in LV but spend time in NO/FI, one Koinly licence generates all three countries' forms.
Not a fit for:
Users who want LV/LT/EE UI localisation
Those who want a simple CSV export without integrated form generation (cheaper)
DeFi-only users with very complex protocol stacks (manual work may still be required)
Corporate and institutional clients (Koinly is retail-focused)
Users who don't trust SaaS for data storage (although GDPR compliance is strong)
Alternatives for the Baltic and Nordic user
Divly - Swedish competitor, also supports LV/LT/EE/FI/SE/NO/DK forms, often cheaper in our region
Blockpit - Austrian EU-focused tool (acquired Accointing), strong in DACH
CoinTracking - Germany's oldest crypto-tax tool (since 2013), deep DeFi support
Koinly is not a scam - it is an 8-year-old (since 2018), globally recognised crypto-tax tool led by founder Robin Singh, with 850+ integrations, 40,000+ positive Trustpilot reviews and a 4.6 rating. It is the clear global leader in the crypto-tax software space.
In our context (Norriwire target markets - LV, LT, EE, FI, SE, NO, DK) Koinly is a particularly strong choice because it generates official tax forms for each country. It eliminates the manual «retyping» step that other tools force on you.
On price - per-tax-year (Newbie $49 for 100 tx, Hodler $99 for 1,000 tx) is competitive vs subscription tools. The free tier is genuinely usable up to 10,000 transactions.
Realistic pick:
Beginner with <100 tx/year - start on the free tier, pay Newbie ($49) only when you're ready to file
Active trader at 100-1,000 tx - Hodler ($99) is the sweet spot
DeFi/NFT user - Trader ($179)
High-volume - Pro ($279)
Remember: Koinly will never request your card details by phone or email. All payment flows go through the secure Koinly portal. If someone writes from «Koinly» asking for urgent payment - it's a scam.
