Awaken vs Koinly
Awaken and Koinly are both crypto tax, and traders often weigh one against the other. Here's how they compare on the fee you'll actually pay, where they run, and what each does better. Plus the one official link for each, because both get cloned.
| Awaken | Koinly | |
|---|---|---|
| Fee | Free · $99 · $199–399 · $599–999 a year | Free · €49 · €99 · €199 per tax year |
| Works on | Web | Web, iOS, Android |
| Best for | Heavy on-chain and Solana traders | Exchange plus wallet tax reports |
| Lanes | Crypto tax | Crypto tax |
| Official link | awaken.tax | koinly.io |
| Official Telegram | None listed | None listed |
| Open | Open Awaken | Open Koinly |
Fees: how they compare
Neither charges a per-trade fee. Awaken: free · $99 · $199–399 · $599–999 a year. Koinly: free · €49 · €99 · €199 per tax year.
Where they run
Both work on Web. Only Koinly has iOS and Android. If you trade from your phone, that points to Koinly.
Real talk, side by side
Awaken
Why people use it
- Built for on-chain and Solana activity
- Handles bot and memecoin trades
- Free tier to start
Why people leave
- High-volume plans get expensive
- Still needs review for edge cases
- Not tax advice
Koinly
Why people use it
- Reports for many countries
- Free portfolio tracking
- Connects exchanges and wallets
Why people leave
- Tax reports need a paid plan
- Bot-heavy wallets need cleanup
- Prices per tax year
Which should you pick?
Pick Awaken if you want heavy on-chain and Solana traders, or built for on-chain and Solana activity.
Pick Koinly if you want exchange plus wallet tax reports, or reports for many countries.
Whichever you choose, open it from the official link above, never from a DM, and keep only trading funds in its wallet.
Awaken vs Koinly FAQ
Is Awaken cheaper than Koinly?
Awaken: free · $99 · $199–399 · $599–999 a year. Koinly: free · €49 · €99 · €199 per tax year. Network and priority fees apply to both.
What's the difference between Awaken and Koinly?
Awaken: crypto tax software built for on-chain traders and Solana. Koinly: popular crypto tax software with reports for many countries.
What are the official Awaken and Koinly links?
Awaken's official address is awaken.tax. Koinly's is koinly.io. Ignore links sent in DMs.
Can I use Awaken and Koinly together?
Yes. Many traders run two tools at once, for example one for discovery and one for execution. Keep separate wallets and only trading funds in each.