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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

Zapit is a Cryptocurrency Wallet which supports Bitcoin Cash. Support for Bitcoin, DASH, Ethereum, Litecoin, Polygon, and Avalanche will be added soon! Zapit has the following features: 1. P2P Exchange (Crypto <-> FIAT) 2. Coin Swap (Crypto <-> Crypto) 3. Instant Exchange (Crypto <-> FIAT) 4. Crypto to UPI Payments (India) 5. Dividend / Airdrop Distribution Tool!

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 Not Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Audience

Crypto investors, standalone tax firms and tax software providers

Audience

Crypto users, P2P users, UPI users, Blockchain Enthusiasts & Crypto Token Projects

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

Pricing

$49 per user
Free Version Supported
Free Trial Not Supported

Pricing

Free
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 4.8 / 5
ease 4.9 / 5
features 4.7 / 5
design 4.9 / 5
support 4.7 / 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

  • BCH Focused, Web3 Integration, User-Friendly Interface. The wallet typically offers an intuitive and easy-to-navigate interface, making it accessible even for those who are new to cryptocurrency and blockchain technology.
  • The Zapit Wallet offers numerous advantages, making it an excellent choice for cryptocurrency enthusiasts. One of its main benefits is its seamless integration with the Bitcoin Cash (BCH) network, ensuring fast and low-cost transactions. The wallet's user-friendly interface makes it accessible to both beginners and experienced users. Additionally, Zapit Wallet features a comprehensive rewards section, allowing users to earn ZRP tokens through daily spins, promotions, and tasks. This incentivizes regular use and engagement. Security is another strong point, as Zapit Wallet employs robust encryption techniques to protect user funds. Furthermore, it supports multiple cryptocurrencies, providing versatility for managing various digital assets. Overall, Zapit Wallet combines functionality, security, and user engagement, making it a top choice for digital asset management.
  • Zapit wallet has a friendly user interface and it is very easy to transfer and manage funds as everything seems to be at front. Also the transaction time is very fast.
  • The app with most valuable features and understanding command, totally loving it. Appreciating the fact.
  • 1. You can earn some rewards just my doing some simple task. 2. User friendly, easy to use 3. Clean interface

Cons

  • Limited Cryptocurrency Support. Zapit primarily supports Bitcoin Cash (BCH), Limited Cryptocurrency Support Zapit primarily supports Bitcoin Cash (BCH), which may not be ideal for users looking to manage a diverse portfolio of cryptocurrencies which may not be ideal for users looking to manage a diverse portfolio of cryptocurrencies.
  • While the Zapit Wallet has many advantages, there are some potential drawbacks to consider. The reliance on the BCH network may limit its appeal to users who prefer other blockchain networks. Additionally, the focus on earning ZRP tokens through activities like watching ads and completing tasks might not appeal to all users. The availability of customer support and comprehensive documentation could also be areas for improvement, ensuring users have adequate resources when encountering issues. Lastly, as with any digital wallet, users must be diligent about security to protect against potential hacking or phishing attempts.
  • I haven't spent much time using Zapit wallet , still didn't find anything as cons.
  • Sometimes the transaction fails, and I tries to log in, it fails.
  • 1. In transaction tab, I'm just a little bit confused. I swap some of my tokens (cashtoken) then I check in the transaction tab of how much BCH did I get from it but I kinda confuse in the list. But I'm still trying to check so I can understand it better.

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

Zapit
Founded: 2020
Hong Kong
www.zapit.io

Alternatives

Alternatives

Catax

Catax

Block Chain Innovation Pvt Ltd
Coin Wallet

Coin Wallet

CoinSpace LLC

Categories

Crypto Tax Supported

Categories

Integrations

Bitcoin Cash Not Supported
Unified Payments Interface (UPI) Not Supported

Integrations

Bitcoin Cash Supported
Unified Payments Interface (UPI) Supported
Claim Descrypt and update features and information
Claim Descrypt and update features and information
Claim Zapit and update features and information
Claim Zapit and update features and information