+
+

Related Products

  • Summ
    842 Ratings
    Visit Website
  • CoinStats
    101,121 Ratings
    Visit Website
  • BYDFi
    5,934 Ratings
    Visit Website
  • eToro
    32,059 Ratings
    Visit Website
  • Sovos
    141 Ratings
    Visit Website
  • YouHodler
    28 Ratings
  • CEX.IO
    29 Ratings
    Visit Website
  • B2i
    2 Ratings
    Visit Website
  • Gemini Credit Card
    2 Ratings
    Visit Website
  • Sharesight
    566 Ratings
    Visit Website

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.

About

The Ledgible Platform provides cryptocurrency tax and accounting software for accountants, tax professionals, consumers, businesses, enterprises, and institutions. Our tax product, Ledgible Crypto Tax Pro, services tax and accounting professionals seeking to manage and file their client's crypto taxes. Our accounting product, Ledgible Accounting, is utilized by enterprises and institutions to manage and account for crypto data. Ledgible is fully SOC 1 & 2 Type 2 Audited and was designed from the ground up for professional and institutional use. We have established partnerships with some of the largest tax & accounting software companies on the market to ensure crypto data can be managed in traditional systems. In short, Ledgible makes crypto, legible.

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

Crypto investors, standalone tax firms and tax software providers

Audience

Accounting firms, Institutions, and Consumers looking for a crypto tax & accounting solution

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

No images available

Screenshots and Videos

Pricing

$49 per user
Free Version
Free Trial

Pricing

Free
Less than 100 transactions
Free Version
Free Trial

Reviews/Ratings

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

Reviews/Ratings

Overall 4.9 / 5
ease 5.0 / 5
features 4.8 / 5
design 4.8 / 5
support 4.9 / 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.

Pros & Cons from Real Users

Pros

  • I love the amount of integrations that it provides. Makes connecting all my wallets and trades very very easy.
  • Best online crypto tax platform that allows you to monitor all your crypto currency activities and produce tax reports. Single platform where we perform our financial activities and left the worries behind.
  • I like how my clients' portfolio is automatically integrated with their profiles and it calculates the taxes on their losses and gains.
  • Ledgible has the ability to not only provide a snapshot of our assets balance and capture every crypto transactions. This greatly improve our crypto accounting records and financial assets report.
  • Ledgible has some of the best manual categorization of crypto on the market. I come from tools like Cointracker, where if there isn't a direct integration, you can't use it. This isn't the case with Ledgible, and fit my needs perfectly.

Cons

  • I haven't found anything that I don't' like about this as of yet.
  • Take some professional mange the reports and customer portfolio and made some advisory services.
  • The only con would be to offer a lower-tier package for smaller businesses.
  • Since there are so many new chains and DeFi with crypto, sometimes the software doesn't have the integration we need.
  • A little pricy for my transaction volume, but I think most of the tools today or fairly similar.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Descrypt
Founded: 2022
India
www.descrypt.com

Company Information

Ledgible
Founded: 2016
United States
ledgible.io

Alternatives

Alternatives

Catax

Catax

Block Chain Innovation Pvt Ltd
AEM Journaler

AEM Journaler

AEM algorithm

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

Corporate Tax Features

Compliance Management
Data Import / Export
Data Verification
Electronic Filing
Exception Notification
For Nonprofits
For Partnerships
K-1 Reporting
Payroll & Employer Forms
Status Tracking
Tax Planning

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

Integrations

Bitstamp
Bibox
Binance
Bitfinex
Blockchain.com
Canton
Coinbase
DigiShares
Gemini
HTX
HitBTC
Kraken
NetSuite
OKX
Poloniex
QuickBooks Online
QuickBooks Online Advanced
Xero

Integrations

Bitstamp
Bibox
Binance
Bitfinex
Blockchain.com
Canton
Coinbase
DigiShares
Gemini
HTX
HitBTC
Kraken
NetSuite
OKX
Poloniex
QuickBooks Online
QuickBooks Online Advanced
Xero
Claim Descrypt and update features and information
Claim Descrypt and update features and information
Claim Ledgible and update features and information
Claim Ledgible and update features and information