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.

Pricing

Price Starts At:
$49 per user
Free Version:
Free Version available.

Integrations

No integrations listed.

Screenshots and Video

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Company Facts

Company Name:
Descrypt
Date Founded:
2022
Company Location:
India
Company Website:
www.descrypt.com
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Product Details

Deployment
SaaS
Training Options
Documentation Hub
Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Descrypt Categories and Features

Crypto Tax Software

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

Descrypt Customer Reviews

Write a Review
  • Reviewer Name: Rahul Y.
    Position: Engineering Manager
    Has used product for: 6-12 Months
    Uses the product: Weekly
    Org Size (# of Employees): 1,000 - 4,999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Most accurate & fast.

    Date: Aug 30 2023
    Summary

    Overall it was quite seamless. Within 10 minutes I was able to sign-up, connect all my exchanges and then was able to download P&L report. This was a blessing as I was filing my tax returns at the last minute. I had a question about the P&L report as I'm a trader with more than 100K transactions so had to reach out to their support. They went out of their way to immediately address my query and in fact even cross verified it with their in-house tax expert. Definitely recommend it to others.

    Positive

    * 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.

    Negative

    * The cost basis correction for more than 20 transactions gets tedious. I hope they roll out a bulk update feature here.

    Read More...
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