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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

Syla is Australia’s most affordable crypto tax software, where you pay the lowest crypto tax. > All plans have support for 10,000 transactions and cover all financial years. > Developed by a team of Australian tax professionals, specifically to satisfy Australian tax law. > Guaranteed to pay the lowest tax legally possible using Syla’s pioneering LTFO (Lowest-Tax First-Out) tax optimisation. > Generate ATO compliant crypto tax reports. > Exclusively for Australia. The tax logic in Syla has been designed by a dedicated team of tax professionals, including a Chartered Accountant (CA), Chartered Tax Adviser (CTA), Tax Lawyer (LLB) and a SMSF Specialist Advisor (SSA).

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Crypto investors, standalone tax firms and tax software providers

Audience

Australian crypto investors and accounting professionals

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

No images available

Screenshots and Videos

No images available

Pricing

$49 per user
Free Version Supported
Free Trial Not Supported

Pricing

$59/year
Free Version Supported
Free Trial Not Supported

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 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.

Pros & Cons from Real Users

Pros

  • The best thing was the exceptional support. The product is great and really simple to use. It also helped me to save tax.

Cons

  • None. Everything worked really well, I just wish I had found it earlier!

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Descrypt
Founded: 2022
India
www.descrypt.com

Company Information

Syla
Founded: 2022
Australia
www.syla.com.au

Alternatives

Alternatives

Catax

Catax

Block Chain Innovation Pvt Ltd
CoinTracker

CoinTracker

CoinTracker.io

Categories

Crypto Tax Supported

Categories

Crypto Tax Supported

Integrations

No info available.

Integrations

No info available.
Claim Descrypt and update features and information
Claim Descrypt and update features and information
Claim Syla and update features and information
Claim Syla and update features and information