Kryptos
Depends
Confidence: Medium
Buy it if you actively trade crypto across many exchanges and need automated tax reports with DeFi and NFT coverage.
New check
Comparison
Kryptos vs Koinly
Kryptos and Koinly both land on Depends.
Koinly
Depends
Confidence: Medium
Buy if you trade across multiple exchanges, wallets, or DeFi protocols.
| Compare | ||
|---|---|---|
| Verdict | Depends | Depends |
| Best for | Active crypto traders across many exchanges | Active multi-exchange traders |
| Who it's not for | Casual holders with a dozen trades . spreadsheet territory | Buy-and-holders using one exchange |
| Privacy | Publishes a security page and GDPR data processing agreement; no known public vulnerabilities found in the sources reviewed.⁴ | ISO 27001-compliant per Koinly's own materials; one source references an unverified data breach. |
| Support quality | Trustpilot praise for customer service | No reliable evidence in reviewed sources |
| Public sentiment | Feedback is sparse but positive: Trustpilot reviewers praise customer service and third-party reviews call pricing transparent.⁷ | Long-term users report reliable tracking, but plan confusion and API-key security concerns recur across reviews.13 |
| Biggest gotcha | Higher-volume plans unlock more limits . heavy traders pay meaningfully more¹ | API-key access means breach exposure sits with the vendor; one source cites a Koinly data breach |
Pick Kryptos when
- Active crypto traders across many exchanges
- DeFi, yield farming and NFT-heavy portfolios
- Multi-wallet holders needing yearly tax reports
- Developers embedding crypto finance data via API
When Kryptos is not a fit
- Casual holders with a dozen trades . spreadsheet territory
- Enterprises needing AML/compliance analytics . Chainalysis-class tools fit
- Non-crypto investors; nothing here for you
Pick Koinly when
- Active multi-exchange traders
- DeFi and multi-chain users
- Accountants handling client crypto
- Multi-year portfolio histories
When Koinly is not a fit
- Buy-and-holders using one exchange
- A few dozen transactions . spreadsheet works
- Enterprises needing full accounting ledgers
- Anyone refusing third-party API key access
Sources
official
- Product security pagekryptos.ioofficial
- Kryptos Data Processing Agreement (DPA)kryptos.ioofficial
- Kryptos Connect developer docsdocs.kryptos.ioofficial
- Read Customer Service Reviews of kryptos.iotrustpilot.comreview
- Kryptos Review . My Honest Opinion 2024medium.comreview
- Kryptos Review . Is it Safe and Legit?tradersunion.comreview
- Kryptos vs. TokenTax Comparisonsourceforge.netreview
review
- Koinly Trustpilot reviewstrustpilot.comreview
- How reliable is Koinly? . Redditreddit.comreview
- Best Crypto Tax Software 2026 . CalcMoneycalcmoney.ioreview
- Koinly Free Plan explainedinnovatehubfinance.comreview