Comparison
Coinfig vs Koinly
A South-Africa-specific comparison of Coinfig and Koinly for SARS filing. We focus on what matters for a South African taxpayer or accountant: South-Africa-first classification, ZAR/SARB-aligned valuations, African-exchange coverage and audit-defensible data.
The verdict (TL;DR)
For South African crypto tax specifically, Coinfig is the deeper fit. It is South-Africa-first, ZAR-native with SARB-aligned daily rates, gates each report behind a Data Completeness Score for audit defence, and treats VALR, Luno and AltCoinTrader as first-class connectors. Koinly remains an excellent global tool with very broad integrations and supports South Africa among many markets — a strong choice if you also file in other countries. If South Africa is your only tax home, Coinfig's provenance-grade data and SA depth are the differentiators.
Coinfig vs Koinly: feature comparison
| Feature | Coinfig | Koinly |
|---|---|---|
| South-Africa-first classification engineCoinfig 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 gatingCoinfig 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 SA 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 through a trusted partner (one auto-synced account, up to 100 transactions). Starter R190/yr, Advanced R2,500/yr | 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 through a trusted partner: one auto-synced account, up to 100 transactions, tax report for every year | Free to import and preview before paying (tier structure only — verify current pricing on their site) |
| Paid plans | Starter R190/yr (1,000 tx, 5 sources), Advanced R2,500/yr (unlimited, all report types) | Paid plans scale by transaction volume (tier structure only — verify current pricing on their site) |
| Accountant / practice | SA accountant directory + multi-client workflow, client portfolio on Advanced | 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 |
| SARS report | filing-ready capital gains + income summary | Generic and country-specific report templates |
Integrations & data
| Aspect | Coinfig | Koinly |
|---|---|---|
| African exchanges | VALR, Luno, AltCoinTrader first-class | 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, ideal for multi-jurisdiction filers.
- Koinly connects to Luno, a popular South African exchange.
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
Which is best for SARS crypto tax in South Africa?
Does Koinly work for South Africans?
Does Coinfig support VALR and AltCoinTrader?
How much does each cost for a South African filer?
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 connects to Luno, a South African exchange.Koinly Luno integration page
- Koinly is free to import and preview, with paid plans scaling by transaction count.Koinly pricing page
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.