Descrypt Description

Descrypt is India's most popular crypto taxation software. Descrypt, launched in 2022 and supporting more than 35 wallets and exchanges, will be available by then.

Descrypt offers many advantages. Descrypt's direct integrations with exchanges help it to achieve accuracy in tax PnL calculation when compared to others platforms. Its affordability makes it a popular choice for many crypto investors. Descrypt powers crypto-taxation through its exclusive partnerships with the largest software taxation companies in India, such as Clear or TaxBuddy.

Descrypt offers a variety of products and services that support:

- crypto investors
- Tax firms/ tax preparers / Chartered Accountants/ CPAs via their partner portal
API Suites are used by software tax firms to collect taxes.

Descrypt, the most affordable tool available in this segment, is now available to US and UK investors.

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Pricing

Pricing Starts At:
$49 per user
Free Version:
Yes

Integrations

No Integrations at this time

Reviews - 1 Verified Review

Total
ease
features
design
support
See More Reviews Write a Review

Company Details

Company:
Descrypt
Year Founded:
2022
Headquarters:
India
Website:
www.descrypt.com
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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Customer Support
Online Support

Descrypt Features and Options

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 User Reviews

Write a Review
  • Name: Rahul Y.
    Job Title: Engineering Manager
    Length of product use: 6-12 Months
    Used How Often?: Weekly
    Role: User
    Organization Size: 1,000 - 4,999
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to 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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