Catax

Catax

Block Chain Innovation Pvt Ltd
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About

Accointing by Glassnode has a suite of different tools that solve: 1. Tax Reports-Custom Tax Reports, Tax Software Integration and Forms (Eg. Form 8949, TurboTax, WisoSteuer) and Optimization (Trading Tax Optimizer-Tax Loss Harvesting) 2. PortfolioTracking-Market Overview, Market Lists, Alerts, Sentiment 3. Management- Portfolio Historical Performance & Asset Allocation It offers the fastest, simplest onboarding experience in the market: 1. All major exchanges, NFTs, and wallets supported (300+) 2. Available for import via both desktop, iOS, and Android 3. Input manual transactions both through desktop, iOS, and Android The desktop platform provides an insightful dashboard with beautiful UI available on mobile and desktop to keep track of your performance and DeFi, CeFi, and NFT transactions in real-time with an amazing UX. It considers your user journey, so you classify your trades/transactions seamlessly while tracking and managing your performance easily.

About

Catax is India’s premier cryptocurrency tax software. It was designed with precision to demystify crypto taxes for investors, traders, and tax professionals. It offers a complete set of tools for automating the calculation of taxes owed on crypto transactions while adhering to the latest regulations. Catax's real-time tracking system, intuitive dashboard and seamless integration with major cryptocurrency exchanges ensure accuracy and ease of tax filing. Our platform is able to generate comprehensive reports, such as capital gains, Tax, profit, and loss statements. This makes it an indispensable tool for audit-proof record-keeping. Catax ensures accuracy in crypto tax calculations through a meticulous process that includes verifying each blockchain transaction, assessing historical prices for involved cryptocurrencies, and evaluating exchange data usage for precise calculations. It also flags any discrepancies in transaction records to alert users to areas needing attention.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Cryptocurrency investors or accountants looking for a portfolio tracking/tax solution

Audience

Traders, investors, and tax professionals

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

Free
Up to 50,000 transactions
Free Version
Free Trial

Pricing

$10/Month
Free Version
Free Trial

Reviews/Ratings

Overall 4.5 / 5
ease 4.8 / 5
features 4.6 / 5
design 4.6 / 5
support 4.2 / 5

Reviews/Ratings

Overall 4.8 / 5
ease 4.8 / 5
features 4.8 / 5
design 4.6 / 5
support 4.4 / 5

Pros & Cons from Real Users

Pros

  • I have a couple main pros with Accointing. 1) The ability to easily connect my wallets and API them too so their system just tracks my exchanges is reeeeally nice. I don't have to dig through the hot mess that was Coinbase's tax papers to find specific things or dig through other exchange histories. It's all right here in their system really easy to see. 2) I can identify quickly and label what has been mined and what has been a reward from staking. Also the system identifies transfers between wallets and exchanges pretty nicely where you just have to confirm it when reviewing (assuming you are not manually inputting it.) 3) I reached out to support only 1 time to have them add a currency and provided details on it and the contract address. It was done by the next day. 4) I like the overview page to see where all my beautiful negative gains are :) 5) The tax reporting was nice. You can change up LIFO, FIFO, etc. The report is really clean.
  • ACCOINTING shows all wallets that you liked and summarize all your performance in one page and it is very easy to understand.
  • The ease of use. Very easy to upload information from various wallets and exchanges. Integration is seamless. I tried to other platforms and they were full of bugs. I got my tax report customized for the US.
  • Its packed full of information of all types and kinds of all areas and fields to do with the crypto industry!
  • I like all features in Accointing, nothing is wrong by now also has many great features with lots of exchanges in it BUT!

Cons

  • There was only 1 con I have ever had with Accointing. I had an issue with the Coinbase API connection. I had finished identifying everything at one time. A month later after I had updated the new month's gains, it reported a ton of missing funds. I looked and somehow, either an api issue or Accointing issue, the funds I had labeled the previous month (though still labeled) were not being counted correctly in the system. After I re-labeled them all (it was a lot) it seemed to sort itself but it was weird. Only happened once so far. I wish there was better DeFi tracking for Tez but no where really has that easily that I am aware of yet. One day I hope.
  • After adding the wallets, there are some details in each transaction that I have to individually correct it and it can be confusing when I have more than 50 transactions.
  • Need further integration. The Trust wallet is a very popular crypto wallet and it is not supported. Also there is no FTX US support
  • I actually did not have any complaints for ACCOINTING.
  • There is an error or some kinda glitch, slowness, lag or something like that in the Android app.

Pros & Cons from Real Users

Pros

  • The thing I liked most is it gives very accurate reports in just few minutes. I connected my exchange data and it calculated everything properly. Also their team explained me how to reduce tax legally, which was very new thing for me. The support people are friendly and explain in simple words. I also liked the website because its simple, not complicated like others.
  • This is Rohit. I needed to file advance tax as I do trading for as my business I was very confused first I went to a CA in Mumbai and explained everything and he guided me to get a crypto tax report from a reputed software than he can file my advance tax but when I searched national and international crypto tax software none of them was providing a report for advance tax then I saw a reel of catax in Instagram and searched them and found they provide advance tax report as well. I am forever grateful to them One of the employees from Catax emailed me to provide feedback and just because they helped me I am writing one for them
  • I really love Catax, It has very fast and precise numerical calculation even to 18th decimal point for coins like Bitcoin and Ethereum. Catax offers you calculate for multiple exchanges for free and even reconciles the transfer between exchanges which provides you reduction in comparatively profit hence reducing the tax on it. Which usual tax calculator don't and shows extra profit (which you've not even earned) and increases a huge amount of tax
  • At the end of this financial year, I was searching for a good crypto tax calculator. There are so many fake calculators on the internet. Then, I found Catax. At first, I felt very hopeless, but when it calculated my taxes, I was very happy. Catax also provides free consultation, which I love the most. The people at Catax are very humble and sweet. Even though I am a beginner in paying and calculating taxes, they gave me instructions about filing taxes in India. I just recommend this software to everyone. Just use it once, and you will understand how good it is.
  • Catax has significantly eased the burden of crypto tax management for me. Its automated transaction tracking and detailed tax reports are a game-changer. I appreciate the real-time insights and tax optimization strategies, which have been instrumental in minimizing my tax liabilities. The user interface is exceptionally intuitive, making navigation and operation seamless even for those who are not tech-savvy. The inclusion of professional tax advice and support is an added benefit that I found extremely valuable, especially when dealing with complex transactions.

Cons

  • Sometimes the site becomes little slow when I upload big files with too many transactions. If they can make that part little faster it will be more better.
  • Marketing can be improved it was hard to find them.
  • As Catax is comparatively newer than other tax calculators, its not that famous and doesn't have much international exchanges support, but all Indian exchanges are available.
  • I think the people at Catax are very busy handling taxes, so they sometimes delay in consultations. Please consider acquiring more people for your team. Otherwise, I like it so much.
  • It's not anything which i didn't like in this software.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Glassnode
Founded: 2018
Switzerland
www.accointing.com

Company Information

Block Chain Innovation Pvt Ltd
Founded: 2016
India
catax.app/

Alternatives

Alternatives

COYN

COYN

First Coin GmbH
CoinTracker

CoinTracker

CoinTracker.io
CoinTracker

CoinTracker

CoinTracker.io

Categories

Categories

Crypto Tax Features

Automated Data Import
Exchange Integration
Export Transactions
Historical Prices
Income Overview
Margin & Futures Support
Profit & Loss / Cap Gains
Staking / Lending / DeFi Support
Tax Form Generation
Tax Loss Harvesting
Wallet Integration

Accounting Features

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
CPA Firms
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Tax Practice Management Features

Approval Process Control
Billing & Invoicing
Client Management
Client Portal
Document Management
Due Date Tracking
Scenario Planning
Tax Filing
Tax Forms
Workflow Management

Crypto Tax Features

Automated Data Import
Exchange Integration
Export Transactions
Historical Prices
Income Overview
Margin & Futures Support
Profit & Loss / Cap Gains
Staking / Lending / DeFi Support
Tax Form Generation
Tax Loss Harvesting
Wallet Integration

Integrations

Binance
BNB Smart Chain (BSC)
Bibox
BitMEX
Blockchain.com
Bybit
CEX.IO
CoinSpot
Coinbase
Crypto.com
Gate.io
Koinly
KuCoin
Liquid
MetaMask
OKX
Polkadot

Integrations

Binance
BNB Smart Chain (BSC)
Bibox
BitMEX
Blockchain.com
Bybit
CEX.IO
CoinSpot
Coinbase
Crypto.com
Gate.io
Koinly
KuCoin
Liquid
MetaMask
OKX
Polkadot
Claim Accointing by Glassnode and update features and information
Claim Accointing by Glassnode and update features and information
Claim Catax and update features and information
Claim Catax and update features and information