# Koinly vs SoftLedger: which do AI models recommend for crypto accounting, October 2026

Finance AI Recommendation Index, October 2026 Edition, Crypto accounting. Zero of fourteen models named Koinly first on the direct prompt; zero named SoftLedger. Page: https://finance-ai-index.com/accounting/crypto-accounting/koinly-vs-softledger/

| | First-choice share | Rank | Negative rate | Labels | Models naming it |
|---|---|---|---|---|---|
| Koinly | 11% | #4 of 14 | 31% | 36 | 14 of 14 |
| SoftLedger | 4% | #8 of 14 | 8% | 13 | 12 of 14 |

## The direct prompt, model by model

- GPT-5.4 mini: neither first, one named (first choices: Cryptio) (alternatives: Bitwave, SoftLedger)
- Claude Haiku 4.5: neither named (first choices: Cryptoworth) (alternatives: Bitwave, Breezing, Cryptio)
- Gemini 3.5 Flash: neither named (first choices: Bitwave) (alternatives: Cryptio, Cryptoworth, TRES Finance)
- Perplexity Sonar: neither named (first choices: Cryptio) (alternatives: Bitwave, CryptaCount, Ledgible, TRES Finance)
- Grok 4.1 Fast: neither named (first choices: Bitwave) (alternatives: Cryptio, Cryptoworth)
- Mistral Small: neither named (first choices: Cryptoworth) (alternatives: CryptaCount)
- DeepSeek V4 Flash: neither named (first choices: Bitwave) (alternatives: Cryptio, Cryptoworth, Ledgible)
- Llama 4 Maverick: neither named (first choices: CryptaCount) (alternatives: Ledgible)
- Qwen 3.7 Flash: neither named (first choices: CryptaCount) (alternatives: Bitwave)
- Kimi K2: neither named (first choices: Cryptoworth, Ledgible) (alternatives: Bitwave, TRES Finance)
- GLM 4.7 FlashX: neither named (first choices: Bitwave) (alternatives: CoinTracker, Cryptio, Cryptoworth, Ledgible)
- MiniMax M2.5: neither named (first choices: CryptaCount, Ledgible) (alternatives: Node40)
- GPT-6 Luna: neither named (first choices: Bitwave) (alternatives: Cryptio, Ledgible)
- Muse Glimmer 30B: neither named (first choices: Cryptoworth) (alternatives: Bitwave, Cryptio, Ledgible)

## What the models said about Koinly

- "Avoid consumer tools (ZenLedger/Koinly – tax-only, not full accounting)." (Grok 4.1 Fast, direct prompt, hard negative)
- "Be Cautious With—Not Avoid Completely ... rated poorly by professional accountants because they frequently misclassify complex transactions" (Qwen 3.7 Flash, negative prompt, soft negative)
- "the requirements shift away from "retail" crypto apps (like standard Koinly)" (Qwen 3.7 Flash, paraphrase prompt, soft negative)
- "For the most budget-conscious choice, Breezing or Koinly's free tier would be ideal starting points." (Claude Haiku 4.5, budget prompt, first choice)
- "If you're just starting and volume is low: Try Koinly (free plan) or Cryptoworth (free basic plan)." (GLM 4.7 FlashX, budget prompt, first choice)
- "the best starting point is usually Koinly for crypto accounting/tax tracking" (GPT-5.4 mini, budget prompt, first choice)

## What the models said about SoftLedger

- "Full ledger replacement, but pricier (~$13k+/yr)." (Grok 4.1 Fast, direct prompt, soft negative)
- "SoftLedger is the safer default recommendation because it appears better aligned to mid-market needs and pricing expectations" (Perplexity Sonar, paraphrase prompt, first choice)
- "Bitwave or SoftLedger are the top recommendations" (Mistral Small, paraphrase prompt, first choice)
- "SoftLedger is another option, starting at $45–$750 per month" (Mistral Small, budget prompt, alternative)

Share is the count of first choices across the direct, paraphrase, budget and scale prompts over all fourteen models, for a mid-market B2B company; rank is within the category. Comparisons are drawn for the top eight products in each category. Published under CC BY 4.0; the output is the models' output, and nothing here is a recommendation by the index.