Divly vs Koinly 2025: Best Crypto Tax Software Comparison

Want a country comparison? Read your country-specific comparisons here: Sweden / France / Germany / Finland / Spain / Norway

As a crypto investor, navigating the complex, ever-changing rules for crypto tax reporting is a challenge. Your search for a solution has likely led you to two of the most prominent names in the industry: Divly and Koinly.

Both are powerful platforms, but they are built on fundamentally different philosophies. One champions deep, localized expertise, while the other focuses on broad, global coverage. Choosing the right one isn't just about features; it's about finding the tool that best fits your specific needs and gives you true peace of mind.

This comprehensive comparison will break down everything you need to know to make the right choice.

Quick comparison:

What is Divly? The Specialist Approach

Divly was built with a clear mission: to make crypto taxes simple. Born from the frustration of using overly complicated software, Divly's approach is to go deep. Instead of trying to be everything to everyone, Divly focuses on mastering the tax codes of individual countries, particularly within Europe.

This has led Divly to become the undisputed leader in European crypto tax solutions, covering 85% of the European market, the highest percentage of any crypto tax software available. Think of Divly as your local tax expert, a specialist who understands the specific forms, methods, and nuances of your country's tax authority (see what countries Divly supports here)

What is Koinly? The Global Generalist

Koinly is one of the largest and most established crypto tax platforms in the world. Its core strength lies in its immense breadth. With support for a vast number of exchanges and blockchains across the globe, Koinly's philosophy is to provide the widest possible net for tracking crypto assets.

This makes it a popular choice for full-time global traders and investors whose assets are spread across a massive, diverse range of international platforms. Think of Koinly as a powerful, general-purpose tool designed for maximum global coverage.

The Core Difference: Depth vs. Breadth

The choice between Divly and Koinly comes down to their core design philosophy.

Divly's "Depth First" Philosophy

Divly builds a unique, sophisticated tax engine for each country it supports. This involves:

Deep Research: Collaborating with local tax experts to understand the specific legal framework.

Local Verification: Constantly verifying calculations and reports against the requirements of local tax authorities.

Solving Real Problems: Generating the specific, official tax forms required by each country, not just generic CSV files.

This "depth first" approach means that for any country Divly supports, the user experience is seamless, accurate, and tailored to local requirements, minimizing manual work and the risk of errors (see all localized reports Divly can make here).

Koinly's "Breadth First" Philosophy

Koinly's approach is to build a powerful, generalized tax engine that can be adapted for many different countries.

While its core calculations are robust, this often results in a more standardized output. For users in countries with unique or complex reporting requirements, this can mean receiving a generic report that still requires significant manual effort to become fully compliant with local law.

Customer Support: Trained Local Experts vs. A Global Helpdesk

When you're facing a confusing transaction or a question about your local tax form, the quality of support you receive is paramount.

With Divly, you’re not just talking to a software expert; you’re talking to a local tax specialist. The support team is strategically trained to handle country-specific inquiries. They understand the nuances of national tax authorities—like Germany's Finanzamt or Spain's Agencia Tributaria—and can provide clear, actionable advice in your native language.

Koinly's support is a large, global team. While they are knowledgeable about their product, their expertise is naturally spread across hundreds of countries. This means they may not have the same deep, specific knowledge of the quirks and requirements of your specific country's tax system as a dedicated local team would.

Quick comparison of support offered across Europe:

Pricing: Local Currency vs. Global USD

Both services allow you to import your data and see your capital gains for free, only requiring payment when you're ready to download your final tax report. However, their pricing philosophy highlights their core difference.

Divly's Pricing: What You See Is What You Pay

Reflecting its user-centric and local-first approach, Divly prices its service in local currencies. If you’re in France, you pay in Euros (€). If you’re in Sweden, you pay in Swedish Kronor (SEK).

The benefit is simple but significant: certainty. There are no surprise foreign transaction fees from your bank and no need to worry about fluctuating exchange rates. The price you see on the pricing page is the exact amount you will be charged. This transparency is a core part of making taxes less of a headache.

Koinly's Pricing: A Global Standard

As a global-first platform, Koinly prices all its plans in US Dollars ($). While their prices are competitive, for users outside of the United States, the final cost can be unpredictable. The amount you actually pay will depend on the exchange rate on the day of the transaction, plus any international processing fees your bank may charge. While the sticker price may seem similar, the final bill can often be higher than anticipated.

The Verdict:

While Koinly is an excellent and powerful tool for investors needing the absolute widest range of global integrations, Divly is the clear winner for anyone filing taxes in Europe.

The reason is simple: expertise. Divly’s philosophy of prioritizing depth, accuracy, and local knowledge provides a level of service and peace of mind that a generalist tool cannot match. By solving real local problems, like generating country-specific tax forms, Divly saves you time, reduces stress, and ensures your declaration is spot on.

Switch to Divly

Koinly user and want to switch over? It's easy, here is how to:

You can import transactions from Koinly into Divly by downloading and importing a CSV file. In this integration, Divly will import every wallet from Koinly individually so you don't have to start from scratch.

File import

1. Sign in to Koinly.
   
   
2. In the top menu navigate to the Tax Reports page.
   
   
3. Select the year at the top that represents the transactions you want to export.
   
   
4. At the bottom of the page in the dropdown select Transaction history.
   
   
5. Click the button Download Report. The file will download.
   
   
6. Repeat the above steps for all years you want to download transactions for.
   
   
7. Sign in to Divly.
   
   
8. Navigate to the Wallets page.
   
   
9. Search for Koinly and click on the Koinly page.
   
   
10. Click or Drag and drop the CSV files to where it says, “Drop a file to upload” Divly will import the transactions.

FAQ (Frequently Asked Questions)

Can I use both Divly and Koinly?

Yes, though there's no practical reason to pay for both. Some users trial both platforms to compare reports before committing.

Does Divly support countries outside Europe?

Yes, while Divly's focus is Europe (where it covers 85% of the market), check the supported countries page.

Is my data safe with Divly?

Yes. Divly uses bank-level encryption and never sells your data. Your transaction information is processed locally and securely.

How long does it take to generate a tax report?

Once your transactions are imported, Divly typically generates reports in seconds, depending on transaction volume.

Can Divly help with previous tax years?

Yes. Divly offers prior year reports at no additional cost, making it easy to catch up on unfiled years.

What if I need to correct an error?

Both platforms allow you to edit transactions and regenerate reports. Divly's support can guide you through corrections specific to your country's requirements and in your language (european)