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What is Descrypt?

Descrypt has emerged as the leading crypto taxation software in India, gaining popularity since its launch in 2022 and offering support for over 35 wallets and exchanges, which will be accessible by that time. The software boasts numerous advantages, including its seamless integrations with exchanges that enhance the precision of tax profit and loss calculations compared to other platforms. Its cost-effectiveness is a significant factor behind its appeal among crypto investors. Descrypt also enhances the crypto-taxation process through exclusive collaborations with major taxation software firms in India, like Clear and TaxBuddy. In addition to these features, Descrypt provides a broad range of products and services tailored for various users, including: - Crypto investors - Tax firms, tax preparers, Chartered Accountants, and CPAs through their dedicated partner portal. The API Suites offered by Descrypt are particularly beneficial for tax software firms as they enable efficient tax collection. Now, not only is Descrypt the most affordable solution in its category, but it is also expanding its reach to investors in the US and UK markets, further solidifying its status as a versatile tool in the crypto taxation landscape.

What is CryptoTax?

CryptoTax is recognized as the premier tax software tailored for individuals engaged in Bitcoin, forex, and cryptocurrency trading. By employing a thoroughly audited tax structure, we guarantee that our localized tax reports offer unmatched legal protection. With a community of thousands of satisfied clients spanning over 20 countries, CryptoTax has become a reliable option for managing tax responsibilities. Users can take advantage of lower tax rates on their assets and use their cryptocurrency losses to reduce their overall tax burden. There's no necessity for extensive tax knowledge; CryptoTax empowers you to enhance your tax filing journey! We are consistently adding support for more exchanges and blockchain wallets, facilitating easy direct imports from numerous platforms. Furthermore, customers of CoinTracking can benefit from our direct import functionality, which allows for the simultaneous importing of data from various exchanges and wallets. To further simplify the preparation of your transaction data, we provide an automated classification system for deposits, enhancing the overall user experience. This unwavering commitment to convenience and efficiency demonstrates our passion for making cryptocurrency tax management accessible to everyone, regardless of their expertise. As we continue to evolve, we aim to introduce even more features that cater to the diverse needs of our users.

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Integrations Supported

AirSwap
Binance
BitMEX
Bitcoin
Bitfinex
Bitpanda
CoinTracking
Coinbase
EtherDelta
Kraken
Poloniex
bitcoin.de

Integrations Supported

AirSwap
Binance
BitMEX
Bitcoin
Bitfinex
Bitpanda
CoinTracking
Coinbase
EtherDelta
Kraken
Poloniex
bitcoin.de

API Availability

Has API

API Availability

Has API

Pricing Information

$49 per user
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Descrypt

Date Founded

2022

Company Location

India

Company Website

www.descrypt.com

Company Facts

Organization Name

CryptoTax

Date Founded

2017

Company Location

Germany

Company Website

cryptotax.io/en/

Categories and Features

Crypto Tax

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

Categories and Features

Crypto Tax

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

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