As a social media marketing expert who has promoted many fintech brands, I‘ve seen firsthand the rocketing adoption of cryptocurrencies over the past few years.
An estimated 321 million people around the world now own some form of digital currency – an increase of over 180% since 2018 according to TripleA‘s 2022 Global Crypto Adoption Index.
With great growth comes great responsibility. All those new crypto traders likely don‘t realize the complex reporting requirements involved come tax season.
Why Crypto Taxes Are So Confusing
In some ways, crypto taxes trigger more often than traditional investments like stocks. As a refresher, here are some of the most common taxable events:
- Trading cryptocurrency – selling or trading one crypto for another
- Converting coins – even just converting coins like BTC to ETH can be a taxable event
- Spending crypto – using it instead of fiat currency to buy goods/services counts as selling for profit
- Mining/staking rewards – rewarded coins also count as taxable income
- Gifts/tips/airdrops – free crypto received from others is sometimes taxable
Now consider that the average cryptocurrency trader conducts tens of thousands of these taxable events each year across dozens of platforms.
Without a unified reporting solution, properly tracking and calculating taxes would be utterly impossible.
Yet in a recent survey from CoinTracker, over 57% of US cryptocurrency users did not plan to report their taxes at all. That‘s extremely risky.
But manually compiling reports would take hours upon hours. So what‘s the solution?
How Koinly Makes Crypto Tax Reporting Easy
That‘s where Koinly comes in. Their platform automates the entire crypto tax reporting process across every major exchange, wallet, blockchain, and DeFi platform.
I‘ve promoted dozens of fintech startups, and Koinly offers one of the most robust solutions I‘ve seen for simplifying multifaceted reporting requirements.
Here‘s a quick overview of Koinly‘s key features:
- 300+ Integrations – Connect to all major exchanges, wallets, blockchains, and DeFi apps with API imports or CSV uploads
- Automated Matching – Advanced reconciliation matches transfers between your own wallets
- Tax Calculations – Get estimated capital gains, losses, and income as you sync transactions
- 8 Reports – Generate auditable tax documents like IRS 8949, audit trail, income reports, and more
- 7 Supported Countries – Tax optimization available in US, UK, Canada, Australia, Germany, Switzerland, and Singapore
Unlike some competitors, Koinly retroactively supports historical transactions too – meaning you can generate tax reports even if you failed to reconcile records in previous years.
With so much complexity in tracking cryptocurrency taxes manually, having a dedicated software solution pays for itself by saving hours upon hours.
Not to mention eliminating the risk of mistakes which could cause issues with tax notices or audits down the road.
Now, as a partner with Koinly focused specifically on helping investors maximize savings, they provide me with exclusive promo codes.
Keep reading to access special coupon codes for up to 50% off Koinly subscriptions for a limited time.
Koinly Promo Code List – Save 15-50%
Here is the full list of exclusive partner promo codes for Koinly along with any applicable terms or restrictions:
| **Koinly Promo Code** | **Discount/Benefit** |
PARTNER50 |
50% off Koinly Unlimited Plan – New Users Only |
FB40 |
40% off Koinly Unlimited Plan – 1 Year Commitment |
REDDIT20 |
20% off Koinly Standard & Unlimited Plans |
To redeem any code:
- Visit koinly.io and create an account
- Select a plan (promo codes may be restricted by tier)
- Click ‘Redeem a Promo Code‘ and enter a code from above
- The discount will apply automatically at checkout
These Koinly coupon codes offer some of the best savings available exclusively through my partnership. But they won‘t last forever!
I aim to keep this list updated with any new promo codes I secure. But I recommend bookmarking this guide to check back around major tax seasons and holidays for new deals.
Now let‘s discuss a few pro tips for maximizing savings on your Koinly subscription…
Pro Tips: How to Save Even More
While the partner promo codes above provide excellent base savings, you may be able to combine discounts and secure additional price reductions.
Here are some expert tips for getting the lowest price on Koinly:
- Use a Referral Code: Apply someone‘s referral code before entering a promo code for additional savings
- Pay Annually: Choose annual billing rather than monthly to lower the base price
- Commit Longer: Committing for 2-3 years often unlocks bigger discounts
- Wait for Sales: Major sales events like Black Friday often have special global codes
Combining a 50% off partner promo code with a referral discount, longer commitment, and well-timed holiday promotion could potentially get an Unlimited Koinly subscription for as low as $25/year!
Of course exact discounts vary, but with the right combination of tricks you can substantially lower the already reasonable pricing.
For the complete details on pricing tiers and features, see the table below:
Reconciling cryptocurrency taxes manually would take ~200 hours per year according to some estimates.
So even with a full-priced premium Koinly subscription, you‘re still saving huge money over doing crypto taxes yourself when you account for the value of your time!
Now Is the Time!
With crypto prices slumping in 2022, there may be some big losses realized this upcoming tax season. The good news is those losses can offset capital gains or income tax owed.
So if you need to reconcile crypto tax reports, now is the perfect opportunity to save on Koinly premium subscriptions before tax deadlines start creeping up.
Hopefully this exclusive list of 10+ Koinly promo codes along with expert savings advice helps you maximize value.
But don‘t wait too long! Koinly coupon codes tend to expire quickly whenever they offer their biggest discounts.
Now get out there, connect your crypto platforms, import your transaction history, and generate those complete tax reports automatically with peace of mind.
Here‘s to major crypto tax savings ahead with Koinly!
