taxbit

Taxbit is a group of people that work both smart and hard, value-driven, with the objective of converting users into advocates. Transparent and dedicated to achieving seemingly unachievable goals. TaxBit, founded in 2018 by CPAs, tax attorneys, and software engineers, has created an entirely new category within the company to facilitate the mainstream use of cryptocurrencies and other digital assets. The startup began with the goal of making crypto taxes easier to understand by automating tax compliance regulations as the demand for compliant, consistent, and dependable software has never been stronger in such a highly regulated environment with extraordinary complexity and market volatility.   The platform is functional across numerous market verticals. TaxBit changes one's experience of bitcoin tax reporting and accounting in a way that assures tax law compliance and helps users optimise their investments. Many of the industry's most well-known exchanges are their partners, and they service them. The exchanges supported by the platform are Coinbase, Binance.us, Kraken, Gemini, OKCoin, Blockfi, Sofi, FTX US, Paxos, Uniswap, Uphold, Paypal, CEX-IO, Prime Trust, Nifty Gateway, and many more. For free, the platform gathers data from more than 500 exchanges, wallets, Defi protocols, the NFT marketplace, and other sources and provides a technology-first approach to digital asset accounting. The platform also offers a number of plans for users, like plus+ and pro, where users can easily monitor the performance of their investments.