Best for German, Austrian, and Swiss investors who want legally compliant reports, a portfolio simulator, and tax-loss harvesting tools built for their jurisdiction.

Best for European investors outside DACH who want localized tax forms, native-language support, and EUR-priced plans with no FX conversion surprises.

Built as a general-purpose tax engine designed to handle any exchange, any chain, any country. The bet is breadth: if it exists, Koinly probably supports it. The tradeoff is that European-specific compliance depth — localized output, native language, country-specific forms — is thin compared to the two specialists below.

Built for Germany, Austria, and Switzerland first. Blockpit’s portfolio simulator lets you model the tax impact of a sale before you execute it — unusually powerful for active traders. Outside the DACH region, coverage becomes thinner and the data-heavy interface can feel like overkill for a passive investor.

Built depth-first for individual EU markets. Instead of generic CSV exports, it generates the actual official forms your local tax authority expects — Anlage SO for Germany, Form 2086 for France, K4 for Sweden. Pricing in local currencies means no surprise conversion costs. The integration library is smaller, but the output is more actionable for a European filing.

Outputs a generic gains/losses report. For many EU countries, you will need to manually transfer the numbers onto your local tax form. Koinly’s tax engine was built primarily for the UK and US market, and European edge cases — holding periods for Germany’s tax-free threshold, French PFU calculation, Dutch Box 3 rules — are not handled with the same depth as the specialists.

Generates legally compliant tax reports for Germany, Austria, and Switzerland — including correct holding period calculations for Germany’s 1-year tax-free rule on crypto held for staking. The Sell Simulator lets you model a hypothetical disposal before executing, useful for year-end tax planning. Outside DACH, compliance depth drops significantly.

Generates the actual official form your local tax authority uses. For France: Form 2086. For Germany: Anlage SO. For Sweden: K4. The tax engine is built per country rather than adapted from a global model. Support is staffed by local experts who can answer country-specific questions in your language — rare among crypto tax tools.

DeFi protocol depth is Koinly’s clearest advantage. Liquidity pools, rebasing tokens, MEV rewards, bridging transactions — Koinly auto-tags more of these than either competitor. If your portfolio touches obscure L2s or niche DeFi protocols, Koinly’s import library is likely deeper. It also auto-detects spam tokens and airdrops, which reduces manual cleanup work.

More integrations does not mean cleaner data. Koinly’s breadth means some API connections are thinner — users report missing DeFi transactions, broken wallet transfers, and timestamp inaccuracies on niche chains. Blockpit and Divly, with tighter integration sets, tend to produce cleaner data on the exchanges they do cover, but you may hit gaps on smaller platforms.

You can import all your data, run your full portfolio tracking dashboard, and preview your tax liability — for free. You only pay when you want to download the report. This is genuinely useful for checking whether the data import looks correct before committing. The downside is that once you’re ready to export, the price is in USD.

Blockpit splits its offering into tax reports (one-time per year) and Blockpit Plus (a monthly subscription unlocking portfolio analytics, the Sell Simulator, and the NFT gallery). If you want the optimizer tools — the most differentiating feature — you pay twice: once for the report, once for the subscription. Factor this in when comparing headline prices.

Koinly gives you full visibility into your data but requires more manual intervention on complex imports. Missing transfer matching and timestamp inaccuracies on some chains are cited regularly in user reviews. The dashboard is functional; beginner-friendly for simple setups, increasingly manual for DeFi-heavy portfolios.

Blockpit is engineered for users who want to dig into the numbers. The Sell Simulator and portfolio analytics dashboards are powerful, but the interface reflects that complexity. If you are a passive investor with a simple ETF + a few crypto positions, it may feel like more tool than you need.

Divly’s UX philosophy is minimal friction. It walks you through imports step by step, surfaces errors clearly, and avoids the wall-of-data approach of the others. The tradeoff is less raw power for advanced users. For someone doing their first crypto tax filing, this approach reduces mistakes.

Global helpdesk via email. Optimized primarily around US and UK tax questions — EU-specific queries can get slower or less precise responses. SOC 2 and ISO 27001 security certifications, the strongest formal certification profile of the three. Trustpilot score around 4.6 from a large review base.

AI tax-bot for immediate automated answers plus email support. Works well for standard DACH questions. For edge cases or complex DeFi reconciliation, the AI layer can fall short. End-to-end encryption and third-party penetration testing, but no public SOC 2 certification. Trustpilot score around 4.4.

Staffed by local country experts who can assist in German, Swedish, French, Spanish, and other EU languages. When you have a country-specific question — “does this staking reward qualify as income under French PFU?” — having a human who knows the answer is significantly more useful than a generic helpdesk. GDPR-compliant, EU-headquartered.

• You are based in Germany, Austria, or Switzerland
• You want legally compliant German Anlage SO output built in
• You actively trade and want to model the tax cost before selling
• You want the Sell Simulator for year-end tax-loss optimization
• You are comfortable with a more complex, data-heavy interface

• You are in France, Sweden, Spain, or another Divly-supported EU market
• You want the actual tax form your authority expects, not a CSV
• You want human support in your own language on local rules
• You want EUR or local-currency pricing with no USD exposure
• You are a beginner and want a guided, lower-friction experience

• Wallet transfer detection breaks on some chains — transfers get flagged as gains
• Timestamp inaccuracies on certain DeFi imports require manual correction
• Complex DeFi reconciliation (bridges, LP exits) often needs manual tagging
• USD pricing means EU users pay different amounts each year depending on the exchange rate
• Support is global and not optimized for European tax specifics

• Weak support for some L2 networks — imports require manual CSV uploads
• Valuation discrepancies on certain staking rewards reported by DACH users
• Blockpit Plus subscription is a separate, ongoing cost on top of the per-year report fee
• Interface is complex for passive investors — significant learning curve
• Outside DACH, the localization depth drops sharply

• Smaller integration library — obscure exchanges and niche chains often missing
• DeFi and NFT handling is basic compared to Koinly and Blockpit
• Portfolio tracking is limited — not a replacement for a dedicated tracker
• Fewer public reviews make it harder to gauge reliability at scale
• Not a good fit if you hold assets on many obscure protocols