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What is BlockSentry?

The world of cryptocurrency taxation is undergoing significant changes. Protect yourself in this increasingly regulated landscape with our all-encompassing compliance solution designed for users of all financial backgrounds. Gain instant clarity on your trading activities through visually striking data representations. Our cutting-edge, patent-pending technology makes transaction categorization effortless and accurately identifies transfers between accounts, which can lead to substantial savings in both time and resources. Through comprehensive analysis, you can access real-time data on trades across various exchanges, providing detailed insights into gains and losses for specific assets as well as your entire portfolio's performance. Furthermore, BlockSentry utilizes advanced A.I. technology to facilitate the preparation of your tax forms and effectively pinpoint inter-account transfers. This capability not only saves you countless hours but also helps preserve your long-term cost basis, allowing you to effectively reduce your tax burdens. In an environment where tax laws are continuously evolving, it is essential for every cryptocurrency trader to remain well-informed and compliant to navigate these changes successfully while maximizing their financial benefits.

What is Bittax?

Adhering to cryptocurrency tax regulations is crucial, and the Full Report Calculation offers a detailed analysis of historical data. This approach not only boosts accuracy and tax efficiency but also effectively reduces tax liability through Specific Identification on the blockchain, fully complying with IRS guidelines. With Bittax’s Tax Planning Algorithm, users can strategically plan their crypto taxes to secure the best possible outcomes. The system carefully tracks all fiat transactions and correlates this information with crypto activities and inventory, generating a comprehensive Anti-Money Laundering (AML) report. Additionally, it monitors blockchain transactions in real-time, beginning with the user's first transaction, providing a complete review of their financial history from the initial fiat-to-crypto conversion to their current assets. Furthermore, it generates an in-depth graphical report that highlights inconsistencies and pinpoints any missing data. This extensive insight empowers users to stay informed and compliant in their financial transactions while allowing them to make educated decisions for future investments.

Media

Media

Integrations Supported

Coinbase
Gemini
Kraken
KuCoin
Poloniex
HitBTC
TaxAct

Integrations Supported

Coinbase
Gemini
Kraken
KuCoin
Poloniex
Bitstamp
AscendEX
Bitfinex

API Availability

API Availability

Pricing Information

$49 per year
Less Than 200 Transaction
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Not specified

Company Facts

Organization Name

BlockSentry

Date Founded

2017

Company Location

United States

Company Website

blocksentry.co

Company Facts

Organization Name

Bittax

Date Founded

2017

Company Location

Israel

Company Website

www.bit-tax.com

Categories and Features

Crypto Accounting

Not specified

Crypto Tax

Not specified

Categories and Features

Crypto Tax

Not specified

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