Koinly vs Syla: Best Crypto Tax Tool for Australians?
Koinly's global coverage vs Syla's Australia-only tax minimisation. Which crypto tax tool should you use?
By Crypto Tax AU Editorial
Contents
Koinly
Koinly
Australian-founded crypto tax calculator with ATO-ready reports, 800+ exchange & wallet integrations, and strong DeFi and NFT support. Free to track your portfolio; pay only when you download a tax report.
Pick Koinly if
ATO-specific myTax reports, Huge exchange & wallet coverage, Strong DeFi & NFT handling, Free portfolio-tracking tier, Recurring affiliate program
Pick Syla if
Built only for Australia, LTFO parcel optimisation cuts CGT, Affordable AUD pricing, ATO myTax-ready reports
Try SylaCompared 2 products on the same rubric · Runner-up: Syla 9.0
Last verified Jul 17, 2026
Koinly
- Price
- A$69
- Score
- 9.4
- Merchant
- Koinly
- Description
- Australian-founded crypto tax calculator with ATO-ready reports, 800+ exchange & wallet integrations, and strong DeFi and NFT support. Free to track your portfolio; pay only when you download a tax report.
Syla
- Price
- A$59
- Score
- 9.0
- Merchant
- Syla
- Description
- Crypto tax software built exclusively for Australia and ATO rules, featuring 'Lowest Tax First Out' (LTFO) parcel selection that can legally reduce your capital gains tax.
| Feature | Koinly | Syla |
|---|---|---|
| Price | A$69 | A$59 |
| Score | 9.4 | 9.0 |
| Merchant | Koinly | Syla |
| Description | Australian-founded crypto tax calculator with ATO-ready reports, 800+ exchange & wallet integrations, and strong DeFi and NFT support. Free to track your portfolio; pay only when you download a tax report. | Crypto tax software built exclusively for Australia and ATO rules, featuring 'Lowest Tax First Out' (LTFO) parcel selection that can legally reduce your capital gains tax. |
| Try Koinly Free | Try Syla |
Koinly vs Syla at a glance
Koinly is a flexible global tool that's very popular in Australia; Syla is built only for Australia with tax minimisation baked in.
Tax minimisation
Syla wins with Lowest Tax First Out parcel selection designed to reduce your CGT under ATO rules.
Coverage & flexibility
Koinly wins with 800+ integrations and multi-country support if you ever need it.
Price
Both are competitively priced in AUD; Syla can be cheaper for typical Australian portfolios, Koinly scales with transaction count.
Verdict
Choose Syla if you're Australia-only and want maximum tax efficiency with minimal fuss. Choose Koinly if you want the broadest integrations, the biggest community, and a free tracking tier to start.
General information only, current as a guide to ATO rules — not personal tax advice. Crypto tax depends on your circumstances. Verify with the ATO or a registered tax agent before you lodge.
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