What is Blockpit?
Blockpit is a comprehensive crypto tax calculator designed to simplify cryptocurrency tax reporting for investors worldwide. The platform automatically calculates gains and losses based on official tax regulations from over 100 countries, helping users avoid costly mistakes and maximize their profits through tax optimization features.
Users can connect their wallets, exchanges, and protocols through secure APIs or CSV uploads, and Blockpit's tax engine processes transactions to generate detailed tax reports. These reports include capital gains calculations, income reports, and country-specific tax forms that are ready for submission to tax authorities or sharing with accountants.
Features
- Crypto Tax Calculator: Automatically calculates gains and losses based on official tax rules from over 100 countries
- Portfolio Tracker: Monitors entire cryptocurrency portfolio with support for 500,000+ assets, exchanges, and blockchains
- Tax Optimization: Identifies tax-free gains, offsets losses, and provides smart suggestions to reduce tax burden
- Source of Funds Reports: Generates standardized reports to prove cryptocurrency fund origins for banks and exchanges
- AI Tax-Bot Support: Sophisticated AI chatbot assists with application usage and tax information queries
Use Cases
- Generating compliant cryptocurrency tax reports for tax filing season
- Tracking cryptocurrency portfolio performance across multiple exchanges and wallets
- Optimizing cryptocurrency taxes through loss harvesting and strategic planning
- Proving source of funds for cryptocurrency transactions to financial institutions
- Calculating cryptocurrency taxes for previous years retroactively
FAQs
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How many tax reports can I create with Blockpit?
Once you purchase a tax license for a specific year, you can create and download unlimited reports for that tax year. -
Which countries are fully supported with localized features?
Blockpit offers fully localized features including country-specific tax rules, tax optimization, and tax forms for Austria, Belgium, France, Germany, Italy, Netherlands, Spain, Switzerland, United Kingdom, and United States. -
What payment options are available for Blockpit services?
Blockpit accepts credit card, PayPal, SEPA Direct Debit, EPS, Klarna, Giropay, and iDEAL payments, securely processed via Stripe. -
Does Blockpit support futures and margin trading?
Yes, Blockpit provides support for futures and margin trading on exchanges as part of its comprehensive cryptocurrency tax calculation features. -
How does Blockpit handle DeFi and NFT transactions?
Blockpit supports DeFi applications including decentralized swaps, liquidity mining, yield farming, and NFT trading with specialized tax treatment and price oracles for accurate valuation.
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Blockpit Uptime Monitor
Average Uptime
100%
Average Response Time
185 ms