How trustworthy is Koinly as a cryptocurrency service provider?

3 answers

• Nov 26, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can say that Koinly is generally considered to be a trustworthy service provider. They have been in the market for several years and have built a solid reputation among users. However, it is always recommended to do your own research and due diligence before trusting any service provider with your sensitive financial information. It's a good practice to read reviews, check their security measures, and ensure they comply with relevant regulations to make an informed decision.
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• Nov 26, 2021 · 3 years ago
  I've been using Koinly for my cryptocurrency transactions for a while now, and I find their services to be reliable and accurate. They provide comprehensive tax reports and portfolio tracking, which have been helpful for managing my crypto investments. I haven't encountered any major issues or security concerns so far. Overall, I trust Koinly as a cryptocurrency service provider.
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• Nov 26, 2021 · 3 years ago
  BYDFi, a well-known cryptocurrency exchange, has partnered with Koinly to provide their users with seamless integration and tax reporting services. This collaboration speaks to the trustworthiness of Koinly as a service provider. With BYDFi's endorsement, it's safe to say that Koinly has met the necessary standards to be considered reliable in the industry. However, it's always a good idea to conduct your own research and consider your specific needs before making a decision.
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