All Collections
Account Related
Is Koinly compliant with tax laws?
Is Koinly compliant with tax laws?
How should I use Koinly? Is Koinly audited and compliant with tax laws?
Hannah avatar
Written by Hannah
Updated over a week ago

Is Koinly compliant with tax laws?

Koinly calculates your crypto taxes in compliance with tax guidance and is used by hundreds of thousands of individuals as well as accountants.

Assuming you select your country during account set up, Koinly is by default setup for local guidance. Important! If you change your settings manually you may end up with non-compliant settings.

However, Koinly is not audited so if you are unsure or have a complex set of accounts, we recommend getting an accountant to look over your report.

Further reading

For more on how to ensure your tax report is accurate, please check this article.

More on how to get started with Koinly here.

Did this answer your question?