As the global crypto and decentralised finance (DeFi) landscape continues to grow, the need for reliable, efficient tax software has never been greater. Managing crypto taxes, especially across multiple platforms and jurisdictions, has become a complex task for individual traders, investors, and enterprises. Kryptos, backed by Binance and GateLabs.io, is an all-encompassing platform designed to simplify these processes, making it one of the most powerful crypto tax solutions available today.Kryptos is pioneering the future of Web3 finance by establishing an interconnected, standardised financial ecosystem designed to bridge the gap between users, developers, and institutions.
Beyond automatic tax calculations, Kryptos offers real-time portfolio tracking, DeFi and NFT integration, and comprehensive reporting tools. With seamless connections to more than 5,000 platforms and exchanges, itโs ideal for both individuals and enterprises looking to streamline their financial management in Web3.
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Key Features of Kryptos
- Seamless Integrations with 5,000+ Platforms
Kryptos supports an extensive integration ecosystem, enabling users to automatically sync transactions from over 5,000 on-chain and off-chain platforms, including major exchanges, wallets, and DeFi protocols. This makes it especially valuable for investors with diverse portfolios spread across multiple exchanges or wallets, as well as those engaged in DeFi or NFT transactions. Kryptos is continuously updated to support new platforms and emerging technologies, ensuring users have access to the latest crypto tools. - Global Tax Compliance
Tax regulations vary significantly across countries, complicating tax reporting for global crypto users. Kryptos simplifies this process by offering automated tax calculations for more than 30 countries, including the US, UK, Australia, and Germany. With built-in, country-specific tax rules, users can generate accurate, compliant tax reports regardless of location, making it an essential tool for users managing cross-border transactions. - Advanced Tax-Loss Harvesting
Beyond standard tax compliance, Kryptos provides advanced tax-loss harvesting tools that help users optimise their tax liabilities. This feature identifies opportunities to sell underperforming assets at a loss to offset gains, reducing the overall tax burden. For active traders or users with large portfolios, this tool ensures they can strategically recognize losses to maximise after-tax returns. - DeFi and NFT Support
Kryptos supports DeFi and NFT transactions, accurately tracking and reporting these often-complex activities. Whether users are staking tokens in liquidity pools, lending assets, or trading NFTs, Kryptos automatically tracks and classifies these activities in compliance with relevant tax regulations. This specialised support ensures users stay on top of their tax obligations while tracking earnings from these emerging sectors.
- Comprehensive Portfolio Management
Beyond tax reporting, Kryptos provides a real-time portfolio management dashboard, giving users a clear view of their overall financial standing, transaction history, gains/losses, and more. This visibility allows users to make informed investment decisions, adjust strategies, and monitor tax obligations in real-timeโall from a single, intuitive interface.
- Mobile App for On-the-Go Management
The mobile app adds a layer of flexibility, enabling users to manage their crypto portfolios and tax reporting wherever they are. With real-time updates and reporting capabilities, users have full control of their crypto financials in their pocket.
Kryptos vs. Competitors: A Detailed Comparison
Features | Kryptos | Koinly | CoinLedger | CryptoTax | CoinTracker |
Integrations | 5,000+ | 750+ | 600+ | 1,000+ | 500+ |
Pricing | $0 – $249 | $49 – $299 | $0 – $499 | $49 – $499 | $59 – $1,999 |
Jurisdiction Support | 30+ | 20+ | 14 | 15+ | 4 |
DeFi Dashboard | โ | โ | โ | โ | โ |
Mobile App | โ | โ | โ | โ | โ |
Kryptos surpasses its competitors in several areas, particularly in the number of integrations and its comprehensive support for DeFi and NFTs. Additionally, Kryptos offers more competitive pricing, with advanced features at a lower cost than alternatives like CoinTracker, making it a strong choice for users seeking value and functionality.
Kryptos Pricing Plans
Kryptos offers flexible pricing tiers for different user needs:
- Freemium: Free, with access to basic tax essentials.
- Hobbyist: $39/year, with more comprehensive features and DeFi support.
- Starter: $69/year, ideal for individuals and small teams, with on-demand NFT support.
- Pro: $129/year, geared for advanced traders, including priority support and regular auto-syncing.
- Pro+: $249/year, tailored for enterprises, with full DeFi/NFT integration, priority service, and dedicated support.
Each plan grants access to Kryptosโs full range of integrations and tools, with additional features like premium support available in higher-tier plans.
Kryptos Pros and Cons
Pros:
- Backed by Industry Leaders: Binance and GateLabs.io support adds credibility and security.
- Extensive Integrations: 5,000+ platforms supported, covering exchanges, wallets, and DeFi protocols.
- Global Tax Compliance: Automated tax calculations for 30+ countries.
- Real-Time Portfolio Tracking: Comprehensive dashboard for managing transactions and performance.
- DeFi and NFT Support: Advanced tools for the emerging DeFi and NFT markets.
- Mobile App: Portfolio and tax management on-the-go.
- Competitive Pricing: Flexible, affordable plans for both casual users and professionals.
Cons:
- Higher-Tier Features Cost More: Premium features like priority support are limited to higher-priced plans.
- Learning Curve for New Users: Newcomers to crypto tax reporting may initially find it overwhelming.
Beyond Tax Reporting: Exploring the Kryptos Product Suite
Kryptos offers a range of solutions to meet diverse Web3 needs:
- Kryptos B2B: Tailored for Web3 businesses, providing advanced asset management, compliance, and seamless integrations for large-scale crypto operations.
- Kryptos Individuals: Ideal for personal investors, offering real-time tracking, tax-loss harvesting, and mobile accessibility to simplify portfolio management.
- Kryptos CPA: Built for accountants, enabling efficient client portfolio management with automated, region-specific tax reporting.
- Kryptos Connect: A robust data integration framework connecting over 5,000 platforms, making secure data sharing and management effortless for developers.
Conclusion
Kryptos stands out as one of the best crypto tax software options available. With its extensive integrations, global tax compliance features, advanced tax-loss harvesting, and robust portfolio management tools, Kryptos is an all-in-one solution for crypto users worldwide. Whether youโre an individual investor, active trader, or enterprise managing digital assets, Kryptos simplifies the complex world of cryptocurrency taxes while helping maximise tax efficiency.
With its competitive pricing structure and industry-leading features, Kryptos is well-positioned to become the go-to crypto tax solution for Web3 users. If youโre managing DeFi assets, trading NFTs, or simply tracking a diverse portfolio, Kryptos provides the comprehensive tools needed to succeed in todayโs Web3 landscape.