TL;DR: Koinly remains an excellent all-round choice for many UK crypto investors, especially if you use several exchanges, wallets, DeFi apps, or NFTs. CoinLedger is the closest like-for-like alternative and has strong reconciliation tools. CoinTracking suits users who want deeper portfolio analytics and more control. Recap is the standout UK-focused alternative, with HMRC-specific calculations, privacy-focused encryption, and one subscription covering historic tax reports.
Koinly makes crypto tax reporting much less painful, but it will not suit everyone. Its paid reports start at $49 per tax year, and the price rises with your transaction count. Complex DeFi activity can also leave you with transactions that need manual review.
That explains why people search for Koinly alternatives before tax season. Some want better reconciliation tools. Others want deeper portfolio tracking or a different approach to managing their crypto.
We compared Koinly with CoinTracking, CoinLedger, and Recap. All three are genuine crypto tax platforms, but they take different approaches to pricing, reporting, integrations, and portfolio management.
Koinly alternatives at a glance
| Product | Best for | Starting price | Tax reporting | UK support | Key drawback |
|---|---|---|---|---|---|
| Koinly | Most UK and multi-platform investors | Free preview, reports from $49 per tax year | Yes | HMRC-specific reports and UK cost-basis rules | Price rises with transaction volume |
| CoinTracking | Detailed portfolio analytics and high-control users | $49/year for Starter | Yes | Supports UK tax calculations and reports | Interface can feel dense for beginners |
| CoinLedger | Closest direct Koinly replacement | Free preview, reports from $49 per tax year | Yes | UK HMRC Capital Gains Summary | Complex reconciliation can still require manual work |
| Recap | UK investors who value privacy and UK-focused reporting | Free preview, Basic from £119/year | Yes | Built around HMRC share pooling and bed-and-breakfast rules | Fewer automatic integrations than Koinly |
Koinly is the baseline for a reason
Koinly focuses on one awkward job: turning scattered crypto activity into usable tax records. It supports more than 900 exchanges, wallets, and blockchains. It also handles DeFi, NFTs, staking, mining, margin trades, and other common crypto activity.
UK investors get more than a generic capital gains calculation. Koinly can apply the same-day rule, the 30-day rule, and Section 104 pooling. It can then produce an HMRC Capital Gains Summary.
The free tier is useful because you can import data and preview gains before paying. You only need a paid plan when you want downloadable tax reports. Current plans start at $49 for up to 100 transactions. The $99 tier covers 1,000, while plans for 3,000 or more transactions start at $199.
You can read our full guide to Koinly pricing for a closer look at the tiers and limits.
The weak point is complexity at the edges. Koinly can import a large amount of activity, but imported data still needs checking. Trustpilot currently gives Koinly 4.5 out of 5 from more than 2,300 reviews. Reviewers often praise its usability and support, while some report wallet syncing problems.
Those issues do not make Koinly a poor choice. They do explain why alternatives to Koinly can be worth comparing before you pay.
CoinTracking: best for detailed portfolio tracking
CoinTracking has been around since 2012 and says more than 2.2 million investors use the platform. It supports over 400 exchanges and wallets, more than 25 reports, DeFi, NFTs, auto-sync, and several tax methods.
Its biggest advantage over Koinly is depth. CoinTracking feels closer to a crypto accounting and analytics workstation. You get detailed trade statistics, portfolio history, tax tools, and more control over your records.
That depth has a cost. The interface can feel busy if you just want to import transactions and download a tax report. Coin Bureau reached a similar conclusion in its 2026 review, praising the reporting depth while calling the interface dated and potentially overwhelming for beginners.
Pricing also works differently. Starter costs $49 per year and covers 200 transactions. Pro costs $169 per year for 3,500 transactions. Expert starts at $259, while Unlimited costs $899 per year.
CoinTracking supports UK rules, including share pooling, same-day matching, and the 30-day rule. It also offers UK-focused tax guidance and reporting.
Its Trustpilot rating currently sits at 4.6 out of 5 from nearly 500 reviews. Recent feedback frequently praises knowledgeable support. Some reviewers say CSV imports and record management can become time-consuming.
Among the Koinly alternatives for crypto tax reporting, CoinTracking makes the most sense for detail-oriented users. It is less attractive if you value a simple interface above everything else.
CoinLedger: the closest direct Koinly alternative
CoinLedger competes with Koinly on very similar ground. You connect exchanges and wallets, import transaction history, review gains and losses, and pay when you need a full tax report.
Its pricing even mirrors Koinly at the lower tiers. A report costs $49 for up to 100 transactions and $99 for up to 1,000. The Pro tier starts at $199 for 3,000 or more transactions. CoinLedger also lets you track your portfolio and preview capital gains for free.
CoinLedger says it supports more than 1,000 integrations on its UK site. It can import DeFi and NFT activity, flag missing cost basis, and produce an HMRC Capital Gains Summary.
That error-reconciliation focus is one reason to consider it. Missing cost basis can wreck a crypto tax calculation, especially after years of transfers between wallets. CoinLedger actively flags those gaps so you can resolve them before exporting a report.
The trade-off is that reconciliation still requires your input. A tool can identify suspicious records without knowing what actually happened. Recent user complaints mention frustration around missing cost basis and complex historical transactions. Those reports are anecdotal, but they show why no crypto tax platform should run on autopilot.
Broader review sentiment is strong. CoinLedger has a 4.6 Trustpilot score from more than 1,300 reviews. Users often praise its support team, although some still find reconciliation difficult. G2 also lists a 4.6 score, but that comes from only four reviews, so the sample is too small to carry much weight.
If you want one of the most direct Koinly alternatives for UK crypto tax, CoinLedger deserves the first look.
Recap: best UK-focused Koinly alternative
Recap is arguably the most interesting option here for UK investors. Unlike international tax platforms that support dozens of tax jurisdictions, Recap puts the UK at the centre of its product.
The software calculates capital gains and income using HMRC rules. That includes share pooling and the bed-and-breakfast rules used for crypto disposals. It also generates the figures you need for the capital gains section of a Self Assessment return.
Recap also takes a different approach to pricing. You can import transactions, track your portfolio, and preview your tax position for free. A paid subscription unlocks downloadable reports.
Basic costs £119 per year and supports up to 5,000 transactions. Pro costs £219 per year and removes the transaction limit. It also adds CSV exports and Celsius loss harvesting. A Company plan costs £349 per year excluding VAT.
That makes the comparison with Koinly interesting. Koinly starts much lower at $49, but that payment covers one tax year and up to 100 transactions. If you need several historical Koinly reports, you need a plan for each tax year. Recap’s paid plans include reports for all historic and current tax years.
Privacy is another point in Recap’s favour. It uses client-side encryption, so portfolio data is encrypted on your device before reaching its servers. Recap says it cannot decrypt your transaction data. The trade-off is that you need to keep your secret phrase safe because Recap cannot recover it for you.
Koinly has the edge on automatic integration coverage. Recap supports major services such as Coinbase, Kraken, Binance, Crypto.com, Revolut, Ledger, and several blockchains. For unsupported platforms, you may need its custom CSV importer instead. Recap lets you create unlimited custom accounts and wallets for these imports.
User feedback is particularly strong. Recap currently holds a 4.8 out of 5 Trustpilot rating from 122 reviews. Reviewers frequently praise its UK focus and customer support. Criticism is more often aimed at integration coverage, with some users noting that certain coins or exchanges lack automatic syncing.
Among the Koinly alternatives for UK crypto tax, Recap deserves serious consideration. Koinly remains more flexible internationally, but Recap’s UK-first approach may suit British investors who want software built specifically around HMRC rules.
Best Koinly alternative for common use cases
Best direct replacement: CoinLedger. It follows a very similar workflow and pricing model. Its UK HMRC report also makes it a credible switch for British investors.
Best for detailed analytics: CoinTracking. It gives experienced users more reporting depth and portfolio controls. The interface asks more of you in return.
Best UK-focused alternative: Recap. Its HMRC-first approach, all-year reporting model, and privacy-focused design make it especially appealing to British investors.
Best for most UK users overall: Koinly. Its 900+ integrations, UK-specific calculations, free preview, and approachable workflow make it hard to beat as a general-purpose option. Koinly is also the only product in this comparison currently available with Rewardio cashback.
Which one should you choose?
Start with the shape of your crypto history.
If you use several exchanges, chains, and DeFi protocols, Koinly remains a strong default. Its broad integration list reduces the odds that you will need manual CSV work.
Choose CoinLedger if you want a close alternative with an emphasis on identifying missing data. It is especially easy to compare because its entry pricing closely matches Koinly.
Choose CoinTracking if tax reporting is only part of what you need. Its deeper analytics can justify the busier interface for active traders and long-term crypto users.
Choose Recap if UK tax reporting is your priority and you value financial privacy. Its £119 Basic plan costs more upfront than Koinly’s entry tier, but it includes reports for historic and current tax years. The main compromise is a smaller automatic integration list, so check that your exchanges and wallets connect before subscribing.
For a deeper look at Koinly itself, read our full Koinly review.
How Koinly cashback works through Rewardio
Koinly currently offers 10% cashback through Rewardio. No code is needed. Rewardio earns a commission when you purchase Koinly through its tracked link, then passes part of that commission back to you as cashback.
Start on the Koinly Rewardio page and activate cashback before visiting Koinly. Complete the purchase normally in the same shopping journey so Rewardio can track it.
The cashback makes Koinly’s effective cost lower, but it should not decide the comparison by itself. CoinLedger or CoinTracking may still suit a particular portfolio better. Rewardio does not currently carry the other products in this comparison, so we have not included competitor discount codes or promotional offers.
FAQ
What are the best alternatives to Koinly?
CoinLedger is the closest direct alternative to Koinly. CoinTracking is better suited to people who want deeper portfolio analytics and detailed reporting controls. Zengo is a wallet-first option that includes a CoinLedger tax-report perk with its Pro subscription.
For most UK investors, Koinly still offers a strong mix of integrations, HMRC-specific reporting, and ease of use.
What is Koinly?
Koinly is crypto tax software and a portfolio tracker. It imports transactions from exchanges, wallets, and blockchains, then calculates gains, losses, and crypto income.
UK users can generate reports that account for HMRC cost-basis rules. Koinly supports more than 900 integrations and lets users preview gains before buying a tax report.
Is CoinLedger better than Koinly?
CoinLedger can be better if its reconciliation workflow suits your transaction history. It flags missing cost basis and supports UK HMRC Capital Gains Summary reports.
Koinly has an advantage in broad integration coverage and a well-established UK workflow. Both start at $49 for a tax report covering up to 100 transactions.
Which Koinly alternative is best for UK crypto tax?
CoinLedger is the strongest direct alternative for many UK users. It produces an HMRC Capital Gains Summary and has a UK-specific product page.
CoinTracking also supports UK cost-basis rules and tax reporting. The better choice depends on whether you prefer CoinLedger’s simpler workflow or CoinTracking’s deeper analytics.
Is Recap better than Koinly for UK crypto tax?
Recap can be the better option if you want software focused specifically on UK taxation. It applies HMRC share pooling and bed-and-breakfast rules and provides figures for your Self Assessment.
Its Basic plan also includes historic and current-year reports. Koinly charges separately for each tax year you need to report.
Koinly has a major advantage in integration coverage and starts at a lower price. Recap makes more sense if its UK focus and privacy features matter more to you.
Zengo Pro includes a CoinLedger tax-report perk, so you can build a wallet and tax workflow around the two services. If you only need tax software, Koinly, CoinLedger, or CoinTracking offers a more direct route.
Verdict
The best Koinly alternatives solve slightly different problems. CoinLedger comes closest to replacing Koinly outright. CoinTracking gives experienced users more analytics and control. Recap stands out for UK investors who want HMRC-focused calculations, strong privacy features, and access to historic reports under one annual subscription.
Koinly still has the broadest appeal for many UK investors. It supports 900+ integrations, handles HMRC-specific cost-basis rules, and lets you inspect your gains before paying.
Rewardio also gives Koinly one practical advantage in this group: 10% cashback.
Crypto tax rules depend on your country and personal circumstances. This article provides general information, not tax, legal, or financial advice. Check your records carefully and speak with a qualified tax professional if your situation is complex. Pricing, features, review scores, and cashback rates can change. We checked the figures in this comparison in September 2026. Confirm the latest terms on each provider’s website before buying.
