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What are the features and limitations of Koinly Free for tracking my cryptocurrency transactions?

avataraztectimeDec 25, 2021 · 3 years ago3 answers

Can you provide a detailed description of the features and limitations of Koinly Free for tracking cryptocurrency transactions?

What are the features and limitations of Koinly Free for tracking my cryptocurrency transactions?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Koinly Free is a powerful tool for tracking your cryptocurrency transactions. It offers features such as automatic transaction importing, real-time portfolio tracking, and tax reporting. However, there are some limitations to be aware of. For example, the free version has a limited number of transactions you can track, and it may not support all cryptocurrencies or exchanges. Additionally, advanced features like tax optimization and multi-exchange syncing are only available in the paid versions of Koinly. Overall, Koinly Free is a great option for basic transaction tracking, but if you need more advanced features, you may want to consider upgrading to a paid plan.
  • avatarDec 25, 2021 · 3 years ago
    Koinly Free is a fantastic tool for tracking your cryptocurrency transactions! It's super easy to use and has a clean interface. You can import your transactions from various exchanges and wallets, and Koinly will automatically categorize them for you. It also provides real-time portfolio tracking, so you can keep an eye on your investments. However, keep in mind that the free version has some limitations. For example, you can only track a limited number of transactions, and it may not support all cryptocurrencies or exchanges. If you're a casual user or just getting started with crypto, Koinly Free is a great choice. But if you're a power user or need more advanced features, you might want to consider upgrading to a paid plan.
  • avatarDec 25, 2021 · 3 years ago
    Koinly Free is a popular choice for tracking cryptocurrency transactions. It offers a user-friendly interface and allows you to import transactions from various exchanges and wallets. However, it's important to note that Koinly Free has some limitations. For example, the free version has a transaction limit, which means you may need to upgrade to a paid plan if you have a large number of transactions. Additionally, Koinly Free may not support all cryptocurrencies or exchanges, so you should check if your specific assets are supported. Overall, Koinly Free is a solid option for basic transaction tracking, but if you have more complex needs, you may want to explore other options or consider upgrading to a paid plan.