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About

Taking care of your compliance with crypto tax regulations. Full Report Calculation - an accurate historical data tracing. Maximizes accuracy and tax efficiency while consolidating your tax liability by performing Specific Identification on the blockchain. Fully compliant with the IRS regulation. Pre-plan crypto taxes with Bittax’s Tax Planning Algorithm to consolidate an optimal crypto tax liability. Tracks all FIAT entry and exit points, matching information with crypto activity and inventory to create a useful AML report. The system tracks the user's real-time blockchain transactions back to the first transaction, analyzing the user's full activity history from the source of the first FIAT-crypto transaction until real-time assets holdings. A detailed discrepancies and missing data analysis graphical report.

About

Descrypt is India's leading crypto taxation software. Launched in 2022, Descrypt supports more than 35 exchanges and wallets. Choosing Descrypt has a lot of advantages. Descrypt's direct exchange integrations helps it drive accuracy in tax PnL calculations when compared to other platforms. Its affordability also makes it a preferred choice for most crypto investors. Descrypt powers crypto taxation, through its exclusive partnerships, of the largest software taxation firms in India such as Clear and TaxBuddy. Descrypt has offerings supporting: - crypto investors - tax firms/ tax preparers / Chartered Accountants (CAs)/ CPAs through their partner portal and - software tax firms through their API Suite Descrypt is now available for US and UK investors and is the most affordable tool in this segment.

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

Companies looking for a Crypto Tax solution

Audience

Crypto investors, standalone tax firms and tax software providers

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

No images available

Pricing

No information available.
Free Version
Free Trial

Pricing

$49 per user
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • * The most accurate P&L calculation. * Seamless fetching of cost basis. * Integration with most of the exchanges I traded. * Terrific customer support. * Domain experts in US, and Indian crypto tax laws. * Bulk transaction upload support. * Their P&L reports are vetted by independent tax experts. * The UI is quite slick and intuitive to use.

Cons

  • * The cost basis correction for more than 20 transactions gets tedious. I hope they roll out a bulk update feature here.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Bittax
Founded: 2017
Israel
www.bit-tax.com

Company Information

Descrypt
Founded: 2022
India
www.descrypt.com

Alternatives

Alternatives

CoinTracker

CoinTracker

CoinTracker.io
Catax

Catax

Block Chain Innovation Pvt Ltd
Catax

Catax

Block Chain Innovation Pvt Ltd
CryptaTax

CryptaTax

CryptaCount

Categories

Categories

Integrations

Bitstamp
AscendEX
Bitfinex
Coinbase
Gemini
Kraken
KuCoin
Poloniex

Integrations

Bitstamp
AscendEX
Bitfinex
Coinbase
Gemini
Kraken
KuCoin
Poloniex
Claim Bittax and update features and information
Claim Bittax and update features and information
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Claim Descrypt and update features and information