Blockpit was formed in 2017 with a goal of bringing necessary transparency and trust to a blockchain financial market with software compliance solutions. Essentially, the company offers Bitcoin tax software which helps you properly file your cryptocurrency tax return. Since most countries require their residents to pay taxes on cryptocurrency profits, Blockpit offers software to keep an overview of your taxes and trades in an optimized way. Sync transactions automatically via both API and CSV import. Just setup your exchanges one time (most major exchanges, including Coinbase, Bitfinex, BitPanda, and Kraken are supported), and then import your trades directly from your wallets. Using the reports page, users can quickly see their calculated realized gains and losses for all of the connected exchanges and wallets. Best of all, Blockpit is extremely easy to use. All you need to do is connect your exchange, let the software run its calculations, and then download the tax report. Rest easily when tax time comes around by using Blockpit to assist in creating your cryptocurrency tax returns!
Resource Name: Blockpit
Resource Website: Blockpit.io
Resource Category: Cryptocurrency Accounting
Leave a Reply
You must be logged in to post a comment.