Blockpit Review: A User-Friendly Crypto Tax Software

Blockpit is a popular choice for crypto investors who need to track their investments and generate tax reports. The platform offers a range of features, including a portfolio tracker, tax optimizer, and source of funds reporting.

The platform is easy to use, with a clean and intuitive interface that makes it simple to connect your exchanges and wallets, and track your portfolio in real-time.

Blockpit also generates legally solid tax reports, which are essential for crypto investors who want to avoid penalties and fines. The platform uses advanced algorithms to calculate your capital gains and losses, and provides a clear overview of your tax obligations.

However, Blockpit is not without its limitations. The free plan has limited features, and the cost-basis calculation relies only on FIFO. Additionally, the platform does not integrate with mainstream tax software, which may be a drawback for some users.