Blockpit.io is an online tax reporting and portfolio tracking platform for cryptocurrencies. It automatically imports trading data to generate capital gains reports and tax forms needed to comply with regulations.
Blockpit.io: Auto Tax Reporting & Portfolio Tracking
Online platform for cryptocurrency traders to manage tax compliance, track portfolios and generate capital gains reports with auto-imported trading data
What is Blockpit.io?
Blockpit.io is an online tax reporting and portfolio tracking platform designed specifically for cryptocurrency traders and investors. It allows users to connect their exchange accounts and wallets to automatically import all trading and transaction data.
Once the data is imported, Blockpit generates detailed capital gains reports that calculate the tax obligations from any gains or losses incurred during trading. These reports comply with tax regulations in various countries including the US, UK, Canada, Australia and across Europe.
Beyond taxes, Blockpit provides tools to track the overall performance of a crypto portfolio over time. This includes historical profit/loss charts, income breakdowns, realized versus unrealized gains, and cost basis information on coins. Portfolios can also be tagged for classification.
Blockpit aims to simplify tax reporting and portfolio tracking for cryptocurrency users. Its automated reporting eliminates manual work needed to produce accurate capital gains calculations. This saves significant time and effort while ensuring full compliance with local tax authorities.
Blockpit.io Features
Features
Automatic import of trading data from exchanges and wallets
Generation of capital gains reports and tax forms
Portfolio tracking and performance analysis
Support for multiple cryptocurrencies
Compliance with tax regulations in various countries
User-friendly interface and customizable dashboards
Pricing
Subscription-Based
Pros
Saves time and effort in tax reporting
Ensures tax compliance for cryptocurrency investors
Provides comprehensive portfolio tracking and analysis
Supports a wide range of cryptocurrencies
Offers a user-friendly and intuitive platform
Cons
Potential privacy concerns with sharing financial data
Limited support for some smaller or lesser-known cryptocurrencies
Subscription-based pricing model may not be suitable for all users
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