Crypto Basics

Koinly Review - Features, Pricing and Top Alternatives

Get the comprehensive review of Koinly, including its features, pricing, and support. Also explore its top alternatives in the cryptocurrency space.
Marcus K
7 Minutes
MIN

Cryptocurrencies have come a long way since the inception of Bitcoin in 2009. As the industry has evolved, so have the tools that support investors, traders, and tax professionals. 

Koinly is one such tool that has gained significant traction over the years. Let's delve into an in-depth review of Koinly in 2023.

What is Koinly?

Koinly is a cryptocurrency tax software and portfolio tracking tool that aids users in managing their crypto transactions, calculating tax liabilities, and ensuring tax compliance in various jurisdictions. Founded in 2018, Koinly has continuously enhanced its features to keep up with the ever-changing crypto landscape.

Key Features of Koinly

Comprehensive Transaction Tracking

  • Wallet Integration: Koinly supports over 300 exchanges and wallets. Users can link their accounts for automated transaction tracking.
  • Manual Input: For those who prefer a hands-on approach or use unsupported platforms, Koinly allows manual entry of transactions.

Global Tax Compliance

  • Jurisdiction-Specific Reports: Koinly provides tax reports tailored to specific countries, ensuring users remain compliant with regional laws.
  • Capital Gains Reports: Koinly tracks the cost basis of crypto holdings, helping users calculate capital gains or losses for each sale or transfer.

Advanced Analytics

  • Portfolio Overview: Get a birds-eye view of your crypto holdings, including asset distribution, realized and unrealized gains, and overall performance.
  • Profit/Loss Analysis: Understand which trades were the most profitable and which ones incurred losses.

How to Open an Account with Koinly?

Creating an account on Koinly platform is a straightforward process. Here's a step-by-step guide to getting started:

1. Visit the Website: Head over to Koinly's official website using your preferred browser.

2. Initiate Sign-Up: Spot the "Sign Up" button, usually prominently displayed on the homepage. Clicking this will start your registration process.

3. Enter Basic Information: A registration form will appear. Input your email address and select a strong, unique password for security.

4. Email Verification: After registration, Koinly will send a verification email to the address provided. Open this email and click on the confirmation link to validate your email address.

5. Platform Introduction: Once back on Koinly, a setup wizard will greet you. This tool is designed to simplify the process, guiding you through the initial stages of account configuration.

6. Connect Wallets & Exchanges: The wizard will prompt you to link your cryptocurrency wallets and exchanges. This is crucial as Koinly uses this data to track and analyze your transactions. Follow the on-screen instructions, granting any necessary permissions for data synchronization.

7. Review & Finalize: Once all connections are set, review the provided data for accuracy. Make any necessary tweaks or corrections.

8. Dive In: With your account now fully set up, explore Koinly's features, from portfolio tracking to tax reporting, to make the most of your crypto investments.

Koinly Price Plans

Koinly offers a tiered pricing model to cater to the needs of different users, ranging from hobbyists to professional traders:

Free Plan - Koinly allows you to access up to 10,000 transactions at no cost, encompassing DeFi, margin trading, and futures.

Newbie Plan: Ideal for users with fewer transactions, this plan offers basic features for a nominal fee of $49.

HODLER Plan: Aimed at active traders, this plan offers more comprehensive reporting and increased transaction limits at $99.

Trader Plan: Best suited for high-frequency traders or those with complex portfolios. It provides priority support and unlimited transactions at $179.

Koinly Price

Koinly Support

In the ever-evolving landscape of cryptocurrency, having reliable support is crucial. Koinly stands out in this regard. Offering a dedicated help center packed with informative articles, users can easily find answers to common queries. 

Additionally, for more complex issues or personalized assistance, their responsive customer service team can be reached via email or chat. User feedback often highlights the timely and knowledgeable assistance they receive, which is testament to Koinly's commitment to ensuring a seamless experience for its community.

Pros and Cons of Koinly

Pros:

  • Intuitive Interface: Koinly's dashboard is user-friendly, allowing even crypto newcomers to navigate with ease.
  • Extensive Support: With 300+ integrations, most users will find their platform supported.
  • Regular Updates: Koinly keeps its software updated with the latest tax regulations, ensuring compliance.

Cons:

  • Price: Some users might find Koinly's higher-tier plans pricey, especially when compared to some alternatives.
  • Mobile Experience: While functional, the mobile experience could be more streamlined.

Is Koinly Right for You?

Koinly might be the ideal solution if you're searching for a comprehensive tool that simplifies both cryptocurrency tax calculations and portfolio management. Its broad range of integrations—covering over 300 exchanges and wallets—makes it incredibly versatile. 

This means whether you're a casual investor or a seasoned trader, Koinly's user-friendly interface and jurisdiction-specific tax reports can streamline your crypto experience. 

However, it's essential to consider your volume of transactions and budget, as Koinly's premium features come with a cost. By evaluating your specific needs and comparing them with what Koinly offers, you can determine if it's the right fit for your crypto journey.

Top Alternatives to Koinly

1. CoinTracker - CoinTracker has emerged as a favorite among many crypto enthusiasts. Its simple interface and competitive pricing make it an attractive option.

Key Features:

  • Wallet and Exchange Integration
  • Tax Loss Harvesting Tools
  • Support for DeFi and NFT transactions

2. CoinLedger - CoinLedger is a newer entrant but has quickly garnered attention for its robust capabilities and innovative features.

Key Features:

  • Multi-platform synchronization
  • Detailed capital gains analysis
  • Real-time portfolio tracking

3. ZenLedger - ZenLedger stands out for its all-rounded features, making crypto tax calculations and portfolio management a breeze.

Key Features:

  • Broad exchange and wallet support
  • Advanced tax optimization strategies
  • Integration with major tax software platforms

Frequently Asked Questions

Q1. What currencies does Koinly support for tax reporting?

Koinly provides tax reporting features for a wide range of fiat currencies, ensuring you can get tax documents tailored to your country's official currency.

Q2. How does Koinly ensure the safety and security of my data?

Koinly uses advanced encryption methods to protect user data. Additionally, they adhere to strict privacy guidelines, ensuring your personal and transaction data remains confidential.

Q3. Does Koinly support staking and farming transactions?

Yes, Koinly recognizes and accurately categorizes income from staking, farming, and other crypto reward mechanisms, making it easier to report for tax purposes.

Q4. Can I import historical data from previous years into Koinly?

Absolutely! Koinly allows users to import past transaction data, ensuring comprehensive tax reports that encompass all historical trades and transfers.

Q5. How often is Koinly updated to reflect the latest tax regulations?

Koinly's team continuously monitors global tax changes, updating their platform as needed to ensure users always have access to compliant and up-to-date tax reports.

Q6. Can I collaborate with my tax professional using Koinly?

Yes, Koinly offers features that allow seamless collaboration with tax professionals, ensuring they have the necessary data to assist with your crypto tax needs.

Q7. Is there a mobile app for Koinly?

While Koinly is primarily web-based, they do offer a mobile version, allowing users to track and manage their crypto portfolio on the go.

Q8. How does Koinly handle lost or stolen cryptocurrency?

Koinly provides features to tag and report lost or stolen cryptocurrency, ensuring accurate reflection of such events in your tax calculations.

Conclusion

Koinly stands out as a comprehensive crypto tax and portfolio management tool, ensuring users stay compliant while understanding their portfolio's performance. 

While it's among the industry's top players, there are alternatives like CoinTracker, CoinLedger, and ZenLedger that offer varying features catering to different needs.

Before choosing a platform, it's crucial to assess your specific requirements, transaction volume, and desired integrations. 

Remember, the world of cryptocurrency is ever-evolving. Ensuring you have the right tools, like Koinly, can make navigating this space much more manageable.

Disclaimer

The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such.

Token Metrics does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

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Top 5 Cryptocurrency APIs to Watch in 2025

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Introduction

As the blockchain and crypto ecosystems continue to evolve rapidly, access to reliable and comprehensive cryptocurrency data through APIs remains vital for developers, analysts, and businesses. APIs facilitate the integration of real-time market data, historical analytics, and on-chain information into applications and services. With 2025 shaping up to further advance the crypto landscape, selecting the right crypto API can significantly impact the quality of data-driven insights and automation capabilities.

This article explores the 5 best cryptocurrency APIs in 2025, focusing on their features, data coverage, and analytical strengths to support developers and researchers in making informed technology choices. We also highlight the role of AI-driven tools like Token Metrics API in enhancing crypto data research.

Criteria for Selecting Cryptocurrency APIs

Choosing the best crypto API requires evaluating several key factors beyond mere price feeds. Important criteria include:

  • Data Reliability: Consistent uptime, accurate and up-to-date pricing, and comprehensive market coverage across numerous exchanges and tokens.
  • Data Variety: Inclusion of spot prices, historical data, order books, wallet and on-chain metrics, social sentiment, and news feeds.
  • Latency and Speed: Especially for trading bots and arbitrage systems, low-latency API responses are critical.
  • AI and Analytical Integration: Some APIs, such as the Token Metrics API, incorporate AI-driven analytics and ratings to provide deeper insights.
  • Documentation and Support: Quality of developer resources and responsive support channels.

1. Token Metrics API

The Token Metrics API stands as a leading choice for 2025. It combines traditional market data with AI-powered analytics, fundamental scores, and predictive signals. This fusion allows users to enrich their platforms with both raw data and research-grade insights.

Key Features:

  • Real-time price and volume data across multiple exchanges.
  • AI-derived token ratings and forecasts based on machine learning models.
  • Sentiment analysis sourced from social channels integrated within the API.
  • Comprehensive documentation tailored for both research and trading platform integration.

Further, Token Metrics offers a complementary crypto trading platform that leverages this API, showcasing practical implementation in trading research.

2. CoinGecko API

CoinGecko remains one of the most popular free and paid crypto APIs, favored for its extensive token database and community-focused data. It excels at delivering real-time pricing, volume data, and detailed token metadata including developer activity and liquidity scores.

Key Features:

  • Access to over 13,000 cryptocurrencies with live prices and market capitalization.
  • Historical price charts and market dominance data.
  • DeFi and NFT data endpoints increasingly incorporated.
  • Reliable and well-documented REST API endpoints.

3. CryptoCompare API

CryptoCompare has built a reputation for combined market data and social sentiment in a single API package. Its focus extends beyond spot prices to include derivatives and exchange-level metrics, making it useful for comprehensive market analysis.

Key Features:

  • Real-time and historical crypto pricing.
  • On-chain blockchain stats and addresses data.
  • Social media sentiment scores and trending news.
  • Extensive global exchange coverage and order book snapshots.

4. Nomics API

Nomics delivers high-quality primary market data emphasizing transparency and accuracy. Their API offers aggregated pricing, supply data, and exchange volume metrics with premium tiers providing enhanced data granularity.

Key Features:

  • Cleaned and gapless historical data across thousands of tokens.
  • Proprietary liquidity and transparency scores for exchanges and assets.
  • Support for institutional-grade data integration.
  • Focus on raw market data rather than derived metrics.

5. Glassnode API

Glassnode is a leader in on-chain analytics, offering APIs that provide deep blockchain-level insights beyond market prices. Its datasets include wallet behavior, transaction flows, and network health indicators, making it ideal for fundamental blockchain research.

Key Features:

  • On-chain metrics covering multiple blockchains.
  • Indicators like active addresses, transaction volumes, and hodler distribution.
  • Data feeds designed for integration into research platforms and dashboards.
  • Subscription plans with tiered access to advanced metrics.

How to Use Cryptocurrency APIs Effectively

Utilizing crypto APIs efficiently involves defining clear objectives—whether for portfolio tracking, app development, or research. Developers and analysts should consider combining multiple data sources to obtain a multidimensional view of the markets.

Incorporating AI-based analytics, such as those offered through the Token Metrics API, can augment traditional price and volume data by providing predictive insights and risk assessments. This integration supports more nuanced research and decision-making processes.

It is also important to monitor API usage limits, latency, and data update frequencies to ensure smooth operation of dependent applications.

Conclusion

In the dynamic and data-intensive world of cryptocurrency, accessing robust and feature-rich APIs is fundamental to gaining insights and building competitive products. The top 5 cryptocurrency APIs for 2025 highlighted here present options catering to varied needs—from real-time market data to advanced AI-enabled analytics and on-chain metrics.

Among them, the Token Metrics API distinguishes itself by combing comprehensive crypto market data with AI-enhanced predictive research, making it a valuable resource for projects seeking to integrate both fundamental and technical perspectives.

Those engaged in crypto development and research may benefit from exploring these APIs in alignment with their specific analytical or operational requirements.

Disclaimer

This content is for educational and informational purposes only. It does not constitute financial, investment, or legal advice. Users should conduct their own research and consult professionals before relying on any cryptocurrency data or platforms.

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Unlocking the Potential of Modern API Platforms

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Introduction to API Platforms

In today’s digital ecosystem, API platforms serve as critical infrastructure for enabling seamless communication between software applications. Whether facilitating data exchange, integration, or automation, API platforms empower developers and organizations to build scalable and modular systems adaptable to evolving technological needs.

This article explores the concept of API platforms with a focus on their relevance in various industries, including their increasing role in crypto trading environments where secure and reliable APIs support advanced analytics and automation.

What Is an API Platform?

An API platform is a suite of tools, services, and technologies designed to create, manage, and monitor Application Programming Interfaces (APIs). It offers developers a structured environment to develop APIs that enable software components to interact efficiently. Key features typically include:

  • API design and development tools
  • Security and authentication mechanisms
  • Analytics and monitoring dashboards
  • Scalability and performance management
  • Developer portals and documentation support

For example, the Token Metrics API represents a contemporary crypto API platform offering comprehensive data endpoints to support quantitative analysis and integration within broader crypto trading platforms.

Key Benefits of Using API Platforms

Organizations embracing API platforms can unlock several advantages:

  • Efficiency: Streamlined API development reduces overheads and accelerates time-to-market.
  • Security: Inbuilt authentication and authorization protocols ensure secure data access.
  • Scalability: Platforms handle increasing loads by managing API traffic effectively.
  • Improved Collaboration: Centralized developer portals foster better communication and documentation.
  • Insightful Analytics: Monitoring tools help understand usage patterns and optimize API performance.

These features are particularly crucial in crypto-related APIs where timeliness, accuracy, and security are paramount—for instance, when utilizing a crypto API to inform automated trading decisions within a crypto trading platform.

API Platforms in the Crypto Industry

The cryptocurrency space has rapidly adopted API platforms to support data-driven trading and analytics. Crypto APIs provide access to market data, pricing feeds, on-chain information, and sentiment metrics. These APIs enable developers and analysts to embed real-time data effortlessly into their applications or trading bots.

For example, Token Metrics API delivers AI-driven crypto asset ratings and analytics that enhance decision support systems. Such integrations form the backbone of sophisticated crypto trading platforms, allowing users to research fundamentals and perform technical analysis with the aid of advanced algorithms.

Essential Features to Consider When Choosing an API Platform

Selecting the right API platform depends on specific organizational needs. Several factors to evaluate include:

  1. Security and Compliance: Strong encryption, OAuth support, and regulatory compliance are critical for sensitive data.
  2. Usability and Documentation: Clear documentation and easy onboarding speed up integration.
  3. Performance: Low latency and high availability ensure timely information delivery.
  4. Scalability: Ability to manage growing numbers of requests from applications and users.
  5. Analytics and Monitoring: Real-time insights into API usage help optimize performance and detect issues.
  6. Support for Automation and AI: Integration with AI research tools accelerates analytical workflows.

Platforms like Token Metrics API exemplify these attributes, particularly in the crypto sector where precision and security are vital.

How AI Platforms Boost API Efficiency

AI-driven platforms can augment API capabilities by providing predictive analytics, anomaly detection, and automated decision support. Combining APIs with AI tools enhances the value extracted from data streams. For instance, Token Metrics offers AI-powered insights accessible through their API platform, providing structured ratings and metrics that can be integrated into broader trading applications.

Such integrations facilitate rapid, data-backed evaluations without manual intervention, improving operational efficiency while supporting developers and analysts with actionable intelligence.

Best Practices for Integrating API Platforms

Successful integration of API platforms can be supported by adhering to the following principles:

  • Understand Use Cases: Define the problems the API will address clearly to select compatible tools.
  • Incremental Adoption: Start with minimal endpoints and scale integration as needed.
  • Security First: Implement necessary authentication and monitor access consistently.
  • Leverage Documentation: Utilize detailed developer guides and SDKs to minimize errors.
  • Monitor and Optimize: Use provided analytics to track API performance and scaling requirements.
  • Stay Updated: API providers often rollout new features; staying current ensures maximal benefit.

For developers working in crypto markets, relying on a specialized crypto API platform that integrates seamlessly with AI research components such as those from Token Metrics can markedly enhance the robustness of their applications.

Conclusion

API platforms represent a foundational element in modern software development, enabling agility and interoperability across systems. Their significance is pronounced in data-intensive sectors such as cryptocurrency, where real-time, reliable data access supported by AI analytics can facilitate deeper research and more sophisticated applications.

By carefully evaluating documentation, security, scalability, and integration capabilities, organizations can select API platforms that align with their operational goals. Leveraging resources like the Token Metrics API and related crypto trading platforms supports a comprehensive approach to building next-generation tools in the crypto ecosystem.

Disclaimer

This article is intended for educational purposes only. It does not constitute financial, investment, or trading advice. Readers should conduct their own research and consult with professional advisors before making decisions based on API data or analysis.

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Understanding Data APIs: Unlocking Real-Time Crypto Insights

Token Metrics Team
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Introduction to Data APIs

In the ever-evolving landscape of digital technology, data APIs have become fundamental tools that enable seamless data exchange between software systems. APIs, or Application Programming Interfaces, function as bridges that allow different applications to communicate and share data efficiently. Specifically, in the cryptocurrency domain, data APIs provide access to crucial market and blockchain data essential for analysis, development, and trading activities.

What Is a Data API?

A data API is a set of protocols and tools that allows developers to access and manipulate structured data from an external service or database. Unlike general APIs, data APIs focus on delivering datasets that can be used for analytics, reporting, and decision-making. These interfaces often provide endpoints for querying real-time or historical data, enabling users to fetch information on demand.

Importance of Data APIs in Crypto

In cryptocurrency markets, rapid access to accurate and reliable data is paramount. Data APIs serve as the backbone for developers, analysts, and traders to obtain:

  • Real-time prices and market trends
  • Historical trade data for backtesting
  • Blockchain metrics such as transaction volumes and network health
  • Sentiment and fundamental analysis data powered by AI tools

Given the volatile and decentralized nature of crypto assets, data APIs enable participants to build data-driven models and tools, enhancing transparency and operational efficiency.

Key Features of a Robust Data API

When selecting or utilizing a data API, it is important to consider several critical features:

  • Data Accuracy: The API should deliver verified and precise data, minimizing discrepancies.
  • Real-Time Access: For trading and analytics, the ability to retrieve live data streams is essential.
  • Comprehensive Coverage: Access to a broad spectrum of assets, exchanges, and market indicators diversifies analytical capabilities.
  • Scalability: APIs must support increasing data volume and user requests as usage grows.
  • Documentation & Support: Clear documentation facilitates integration and minimizes development overhead.

Introducing the Token Metrics API

Token Metrics API represents a sophisticated solution designed to provide comprehensive cryptocurrency market data and analytics through an accessible interface. It delivers AI-driven insights, fundamental metrics, and market data that empower developers and analysts to augment their research and applications.

The API supports multiple endpoints facilitating data retrieval including price history, on-chain analytics, sentiment metrics, and other fundamental indicators. This breadth and depth make it a valuable tool for anyone seeking structured and actionable crypto data.

Practical Uses of Data APIs

Data APIs serve various practical purposes in the crypto ecosystem, including but not limited to:

  1. Crypto Trading Platforms: Integrating data APIs enables platforms to display live price feeds, order books, and trade execution data for users. Leading crypto trading platforms leverage these data streams to enhance user decision-making.
  2. Portfolio Management Tools: Accurate portfolio valuation requires real-time price data accessed via APIs.
  3. Research and Analytics: Analysts utilize data APIs to collect, aggregate, and analyze detailed market and fundamental data to uncover trends and evaluate asset health.
  4. Automated Trading Bots: Bots depend on fast and consistent market data through APIs to execute strategies algorithmically.

How AI Enhances Data API Usage

The integration of artificial intelligence with data APIs introduces new possibilities for crypto research and analytics. AI models can analyze vast quantities of data accessed through APIs to generate insights such as predictive analytics, sentiment scoring, and risk evaluation.

For example, Token Metrics incorporates AI-driven analytics that complement raw data by producing research-based ratings and forecasts to help users interpret complex market dynamics efficiently.

Best Practices for Using Data APIs

  • Understand Data Limitations: Always recognize that data APIs are subject to latency, data update schedules, and potential inaccuracies.
  • Ensure Security: Use secure authentication methods (such as API keys or OAuth) to protect access.
  • Monitor Data Quality: Implement checks to detect anomalies or inconsistencies in data streams.
  • Efficient API Usage: Follow rate limit guidelines and optimize queries to reduce redundant calls.
  • Leverage AI Analytics: Combine data API feeds with AI research tools like those from Token Metrics for enhanced insights.

Integrating the Token Metrics API

Developers aiming to incorporate crypto data into their applications can utilize the Token Metrics API for a reliable source of market and analytic data. The API features RESTful endpoints with JSON responses, making it straightforward to integrate with modern development stacks.

Comprehensive documentation guides users through authentication, available endpoints, and example queries, allowing efficient adoption. Users can tailor data requests to fit varying needs, from simple price retrieval to complex on-chain metrics.

Conclusion

Data APIs are indispensable tools for accessing structured and real-time cryptocurrency data that power research, analytics, and trading platforms. Choosing a robust and reliable API, such as the Token Metrics API, enables more informed and data-driven operations in the fast-paced crypto space.

Combined with AI-driven analytical tools like those from Token Metrics, data APIs unlock deeper insights by converting raw data into actionable intelligence without any promotional bias or investment recommendations.

Disclaimer

This article is for educational purposes only and does not constitute financial, investment, or trading advice. Users should conduct their own research and consult professionals before making any financial decisions.

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