Software Alternatives, Accelerators & Startups

Block Protocol VS Koinly

Compare Block Protocol VS Koinly and see what are their differences

Block Protocol logo Block Protocol

A POWERFUL NEW PROTOCOL FOR DEVELOPERSBuild and use interactive blocks connected to the world of structured dataAn open standard for building and using data-driven blocks.

Koinly logo Koinly

Koinly is the easiest way to monitor your crypto activity & file your taxes.
  • Block Protocol Landing page
    Landing page //
    2023-05-13
  • Koinly Landing page
    Landing page //
    2021-10-12

Koinly is a cryptocurrency calculator trusted by crypto investors in over 20 countries. Koinly integrates with 700+ exchanges, blockchains, and wallets to give investors an easy and accurate way to track their crypto transactions in one place. From here, Koinly calculates the total capital gains and income an investor has derived from their crypto in any financial year.

Block Protocol videos

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Koinly videos

Ripple’s Shareholder SBI Invest in QIWI. Ripple Unleashes 1B XRP. Koinly to Add Support for XRP!

More videos:

  • Review - Koinly Review - Paying Taxes on Crypto The Easy Way
  • Review - Koinly Review: The BEST for Crypto Taxes?

Category Popularity

0-100% (relative to Block Protocol and Koinly)
Crypto
7 7%
93% 93
Cryptocurrencies
5 5%
95% 95
Developer Tools
100 100%
0% 0
Finance
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Block Protocol and Koinly

Block Protocol Reviews

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Koinly Reviews

Best Cryptocurrency Tax Software: Complete Guide to the Top Options
The automated data import is available via either an API exchange connection or by adding cryptocurrency wallet addresses. Data on margin trading, futures trading, staking, lending and DeFi can also be imported. An interesting feature is Koinly’s smart transfer matching, which leverages an artificial intelligence system to detect transfers that are made between your personal...
Source: blockonomi.com
14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
Koinly has a very generous free subscription that permits up to 10,000 transactions with lots of additional features. It supports the usual FIFO, LIFO, average cost basis, etc., for tax accountancy.
Source: geekflare.com
15 Best Koinly Alternatives 2022
As the name suggests, CryptoTax Calculator provides easy-to-understand tax calculations with customizable rules to support your unique tax needs. CryptoTax Calculator is an excellent Koinly substitute that does a better job than Koinly in giving powerful and accurate tax reports.

Social recommendations and mentions

Based on our record, Koinly seems to be a lot more popular than Block Protocol. While we know about 306 links to Koinly, we've tracked only 14 mentions of Block Protocol. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Block Protocol mentions (14)

  • Ask HN: It's 2024. What would be your ideal blogging service?
    Off the top of my head… Tools for transclusion, inserting parts of other docs and rich references to them: https://en.wikipedia.org/wiki/Transclusion i.e. I refer to lobste.rs and Hacker news stories in posts like this: https://www.oilshell.org/blog/2021/04/build-ci-comments.html I wrote a bit of (offline) JavaScript to do it, but I could see it being expanded. I find it makes the posts more like a conversation... - Source: Hacker News / 6 months ago
  • Show HN: Primo – a visual CMS with Svelte blocks, a code editor, and SSG
    Looks like that's using lit-html templates inside Svelte, but not any custom elements. Web components would be good because they're an interface that Primo could work with without relying on specific implementation details. They're also encapsulated with shadow DOM, and support interoperable composition (components can have child elements made from any other frameworks or library). So you could still build blocks... - Source: Hacker News / 12 months ago
  • BlockSuite: An open-source Notion-like editor with multiplayer support
    Any chance this might interact with Block Protocol in any way? https://blockprotocol.org/ The obvious immediate benefit to this would be native editing of Wordpress blocks for your website. But if this became standardized and usable both locally and on the web, it could open up all sorts of interesting use cases. - Source: Hacker News / about 1 year ago
  • A quick analogy for those still finding fediverse, lemmy, mastodon stuff confusing
    I think the “servers” should be abstracted away from the user. Communities should be able to exist seamlessly across multiple servers, and the user shouldn’t need to know what servers a community is on. They should just be able to go to one website and access the entirety of the fediverse. Activities should adopt something similar to the Block protocol (https://blockprotocol.org/) so they can specify how they... Source: about 1 year ago
  • Are they going to keep going with Gutemberg ?
    The universal block thing...that's actually not too far from what is happening. WP didn't invent blocks, they adopted the Blocks Protocol. It's slow moving, with only a couple CMS's supporting it at the moment, but Drupal, Github, and Figma are planned to implement it as well. The idea being to enable a web standard for blocks that makes then platform agnostic. Use them anywhere on the web you like. Source: about 1 year ago
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Koinly mentions (306)

  • Tax Question. If i buy $1000 worth of crypto and sell 50% on a double and then let the balance ride. Am i exempt from paying tax on that transaction?
    Every transaction you make with crypto is a taxable event. Even buying something with your bitcoin is a taxable event. So instead of looking at your balance, you have to look at each and every transaction and see how much you paid for the asset, how much you sold it for, and how long you held it. The ATO will also want a report on your crypto transactions, which you can get from koinly.io. That will also... Source: 7 months ago
  • 48-nation bloc to crack down on using crypto assets to avoid tax
    Https://koinly.io/ is a popular recommendation here in Denmark. Denmark may have the worst possible taxation for crypto: every time you sell, use or convert your crypto, that's an event where you have to calculate your gains or losses. Gains are taxed like personal income (so up to 53% tax), but losses can only be deducted at 26% they do not offset the gains directly. A school teacher speculating in crypto ended... - Source: Hacker News / 8 months ago
  • Questions about defi
    -is it possible to track swaps and trades I'm making in defi via koinly.io or another tax tracking provider? I want to take advantage of long term capital gains vs short term whenever possible. Source: 12 months ago
  • I made around 90K profit from a meme coin (crypto)recently and I’m 18 years old and have no idea how to go about taxes. Please help me . Also what could I do with my profits ?
    Every trade where you go from 1 coin to another is a capital gains event. Take a look into https://koinly.io/ to calculate it for you. Source: about 1 year ago
  • Staked ETH Rewards on Coinbase
    I just bit the bullet and pay koinly.io to do it for me. The one thing I like about it is you can tag staked transaction (eth to eth2) as swaps so they don't show up on your taxes. It's actually free until you want them to generate a tax form for you. Source: about 1 year ago
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What are some alternatives?

When comparing Block Protocol and Koinly, you can also consider the following products

Blockchain Demo - Visual demonstration of blockchain technology

CoinTracking - All Coins, all Analyzes, all Calculations, all Charts and all Prices for Bitcoin, Litecoin...

BigchainDB - The scalable blockchain database.

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

Covalent - Interactive icebreakers for remote teams

CryptoTrader.Tax - Tax software for cryptocurrency