Comparison
Coinfig vs Koinly
Koinly is one of the best-known global crypto tax calculators, with very broad exchange and blockchain coverage. Coinfig takes a narrower, deeper approach: a South-Africa-first engine, provenance-grade data and an accountant-first workflow built specifically for South Africa.
The verdict (TL;DR)
Choose Koinly if you want the widest possible global integration count and you file in many countries. Choose Coinfig if you are a South African taxpayer or accountant who wants South-Africa-first classification, ZAR/SARB-aligned valuations, a Data Completeness Score that gates the report for audit defence, and first-class support for VALR, Luno and AltCoinTrader. Koinly's breadth is genuinely strong; Coinfig trades breadth for South African depth and provenance-grade data sourced from its own archival nodes and direct exchange APIs.
Coinfig vs Koinly: feature comparison
| Feature | Coinfig | Koinly |
|---|---|---|
| South-Africa-first classification engine Coinfig was designed around SARS rules first; most global tools localise South Africa as one market among many. | Yes — purpose-built for South African tax law | Partial — supports South Africa within a multi-country engine |
| ZAR / SARB-aligned valuations | Yes — ZAR-native, SARB-aligned daily rates | Yes — supports ZAR reporting |
| Cost-basis methods | FIFO + specific identification | Multiple methods including FIFO |
| Data Completeness Score / audit-defence gating Coinfig refuses to issue a report until data completeness clears a threshold, so the output is audit-defensible. | Yes — Data Completeness Score gates every report | No equivalent completeness-gating score documented |
| African-exchange coverage (VALR, Luno, AltCoinTrader) | Yes — VALR, Luno and AltCoinTrader as first-class connectors | Yes — connects to Luno and many global exchanges |
| Accountant directory | Yes — built-in directory of crypto-literate SA accountants | No directory; has a separate accountant platform |
| DeFi / NFT breadth | Core DeFi and NFT support; breadth expanding | Broad DeFi and NFT coverage |
| Jurisdictions supported | South Africa (deep); other markets on the roadmap | Many countries supported |
| Privacy model | Read-only API keys; data encrypted at rest | Read-only API keys; standard cloud security |
| Pricing model | Free workspace; R2,000/yr per final SARS report | Free to preview; paid tiers by transaction count (tier structure only — verify current pricing on their site) |
Pricing compared
Rival pricing is described by tier structure only. Crypto tax pricing changes often — always verify current pricing on each provider's site (see Sources).
| Plan | Coinfig | Koinly |
|---|---|---|
| Entry / free | Free workspace — import and reconcile at no cost | Free to import and preview before paying (tier structure only — verify current pricing on their site) |
| Paid report | R2,000 per year per final SARS report | Paid plans scale by transaction volume (tier structure only — verify current pricing on their site) |
| Accountant / pro | Accountant directory + multi-client workflow | Separate Koinly platform for accountants (tier structure only — verify current pricing on their site) |
South African tax fit
| Aspect | Coinfig | Koinly |
|---|---|---|
| South African tax rules | Engine designed around SARS treatment first | South Africa is one of many supported markets |
| Base currency | ZAR-native with SARB-aligned daily rates | Supports ZAR among many fiat currencies |
| Report format | filing-ready capital gains + income summary | Country-specific report templates |
Integrations & data
| Aspect | Coinfig | Koinly |
|---|---|---|
| African exchanges | VALR, Luno, AltCoinTrader as first-class connectors | Connects to Luno and major global exchanges |
| Global exchange breadth | Focused set, expanding | Very large global integration count |
| Data provenance | Own archival nodes + direct exchange APIs | Standard API and CSV imports |
Where Koinly is stronger
We think it's only fair to be clear about where Koinly genuinely leads:
- Koinly supports a very large number of exchanges, wallets and blockchains globally.
- Koinly produces tax reports for many countries, which suits multi-jurisdiction filers.
- Koinly has a long track record and a large international user base.
Where Coinfig wins for South Africa
- South-Africa-first engine. Coinfig was built around South African tax rules first, not localised afterwards.
- ZAR-native, SARB-aligned valuations. Every disposal is valued in Rand against SARB-aligned daily rates.
- Provenance-grade data. Coinfig sources transactions from its own archival nodes and direct exchange APIs.
- Data Completeness Score. Reports are gated behind a completeness threshold so the output is audit-defensible.
- African-exchange moat. VALR, Luno and AltCoinTrader are first-class connectors.
- Accountant-first. A built-in directory connects you with crypto-literate South African accountants.
Coinfig vs Koinly: FAQ
Is Coinfig or Koinly better for SARS tax?
Does Koinly support South African exchanges?
How does Coinfig pricing compare to Koinly?
Can my accountant use Coinfig?
Which has better data accuracy?
Sources
Every claim we make about Koinly is sourced below. Competitor features and pricing change over time — please verify current details on each linked page.
- Koinly supports a large number of exchanges, wallets and blockchains. Koinly integrations page
- Koinly produces tax reports for many countries. Koinly home page
- Koinly is free to import and preview, with paid plans scaling by transaction count. Koinly pricing page
- Koinly connects to Luno. Koinly Luno integration page
- Koinly offers a separate platform for accountants. Koinly for accountants
This comparison reflects Coinfig's editorial view and publicly available information as at the review date. Koinly and other product names are trademarks of their respective owners; Coinfig is an independent product and is not affiliated with or endorsed by Koinly or the South African Revenue Service (SARS). Competitor features and pricing change — please verify current details on each provider's own site. This is general information, not tax advice.