Koinly is a cryptocurrency tax software company that promises to make it easy for users to file their taxes. The company has a free and a paid version, with the paid version offering more features.
Koinly integrates with popular exchanges and wallets, including Coinbase, to help users track their crypto transactions and calculate their taxes.
NOTE: It is important to note that Koinly is not endorsed or supervised by Coinbase, and therefore, connecting Koinly to Coinbase may involve certain risks. Please ensure that you understand the safety measures and security protocols implemented by both Koinly and Coinbase before proceeding with the connection. In addition, it is also important to verify the legitimacy of any third-party applications before you connect them to your Coinbase account.
So is Koinly safe to connect to Coinbase? There are a few things to consider when answering this question. First, Koinly is a reputable company that has been in business since 2017. The company is based in Estonia and is backed by investors such as Boost VC. Second,Koily uses industry-standard security measures to protect user data.
For example, user data is encrypted and stored on secure servers. Finally, Koinly has a good track record when it comes to customer satisfaction. Overall, Koinly is a safe and reputable company that can be trusted to connect to Coinbase and other popular exchanges.
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