Blockpit
Overview
The platform collects data from all major crypto exchanges to help professional crypto investors, traders, and crypto enthusiasts who invest and trade occasionally count their transactions and generate tax reports in full accordance with their place of tax residence. Blockpit provides a variety of instruments to cover all the user's needs and ensure reliability and the best user experience.
Client
Blockpit AG is the award-winning startup that raised $11M in Series A Funding and won the prestigious award “Best Blockchain Startup in Central European” according to Startup Awards, a participant of the startup300 ecosystem in Austria.
In Detail
Over the past few years, cryptocurrencies have rapidly burst into our everyday and financial lives. Many users worldwide are faced with the question - of how to properly and legally pay taxes on their crypto activities. At the very beginning, we worked on a service - cryptotax.io, which also solved financial accounting problems. Still, after attracting investment and merging with Blockpit, we took on the burden of responsibility to free users from long calculations of their transactions. We developed a service to connect accounts from all popular platforms and generate a detailed report of all financial transactions in one click. To support most of the possible crypto world providers, we have done the following: • Integration with all popular centralized crypto exchanges (Binance, Coinbase, Huobi, FTX, etc.) • Direct integration of transactions of top blockchain platforms (Bitcoin, Ripple, DOGE, Ethereum) • Integration with Metamask, Trust Wallet, Ledger, and other popular non-custodial wallets. Here are a few details of what problems we have solved for our users: • Creation of a detailed tax report in one click, taking into account the tax rules of each specific country • Unloading reporting in the form .csv, .pdf, or any convenient format • Calculation of realized and unrealized gains • Connection of any crypto asset and portfolio management • Ability to upload transaction history from any sources (in .csv format) to calculate the taxes. With our cooperation, the project is evolving quite dynamically. We look forward to developing many new features that help Blockpit’s customers calculate their taxes.
Country
Austria
Technologies
Java, Spring, React.js, Node.js, PHP, Laravel, AWS, RabbitMQ
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