TAXbit: Simplifying Cryptocurrency Accounting and Ranking as a Top Project in the Industry
TaxBit is a tax reporting tool for crypto participants that offers topnotch services to help users comply with tax regulations. It was created with contributions from blockchain Certified Public Accountants and tax attorneys to provide accurate reporting. The software offers API integration to automate the importation of transaction data from crypto exchanges and wallets, and supports 4,200 cryptocurrencies/commodities/equities, a broad array of crypto exchanges/wallets, and all fiat currencies. TaxBit has three subscription plans ranging from $50 to $500 per year, and offers free trials and a referral program. The platform has a simple, slick, and mobile-friendly website design, supports a broad array of coins and platforms, and follows tax regulations for compliance. However, its services are limited to users in the U.S.