p/beartax-cryptocurrency-tax-software
Bitcoin & Cryptocurrency Tax Software
Samarth Jajoo
BearTax β€” Calculate and file crypto taxes in simple and easy steps πŸ’Έ
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BearTax is a trusted cryptocurrency tax software for individuals & CPAs, which provides seamless integration with various exchanges, intelligent matching of trades across exchanges, curated historical data for every coin, ability to review transactions while avoiding force sells/negative balances and provides you required tax documents.

Replies
Siddharth Ramesh
Looks nice! What exchanges is it integrated with?
Vamshi Vangapally
Thanks @srameshrr BearTax is integrated with following exchanges: * Coinbase * Coinbase Pro * Gemini * Kraken * Bittrex * Poloniex * HitBTC * OKEx * Binance * KuCoin * Huobi * Coinspot * BTCMarkets * Independent Reserve * Coinjar * QuadrigaCX * Trade Satoshi * Cryptopia and more...
Angie
Love what you built here! What is your story behind BearTax?
Vamshi Vangapally
@angeliquesocial Our problem statement started with high volume trades, pricey tools and mismatch of withdrawals/deposits with those tools. Tried out several of them and few have refunded as their functionality was breaking. After trying everything out there on the market, we've decided to build our own solution around the end of January 2018 and built BearTax. "Make what people want" - Paul Graham, this is what we believed and worked for us. We've rolled it out to individuals with modest pricing starting $0.99 and live chat available for everyone without discrimination on pricing. Our major intention was to educate users on cryptocurrency taxes, usage of exchange integrations, making them feel safe while connecting APIs as it's only read access. Meanwhile, our business development team focused on building partnerships with CPAs to reach out to wider audience and building BearTax as a crypto tax suite. That's our story and we've had more than 300 happy customers on our platform and growing exponentially. We are a bootstrapped startup having revenues enough to cover operations this year. Thanks for asking and trying our platform :)
Angie
@vamshi4001 thanks for your reply. Good luck and congrats on your launch!
jagdeesh Karicherla
Would like to know Beartax vs others
Vamshi Vangapally
Thanks for asking @jagdeesh Short answer - it works without breaking :) Long answer: * An easy to use interface * 24/7 customer service * Free gain loss summary without a paywall * Handles huge volumes without breaking * Smart match of deposits/withdrawals across exchanges * Avoid force selling & consider only actual taxable events * No negative balances as we ask the user to review missing sources.
Valerie DuVall
@jagdeesh I will say support. The crypto space is full of companies that have 0 support - look at the exchanges that hold your money! They make millions yet no support. These guys are awesome!
Jijo Sunny
Looks great! Congrats on the launch πŸ™Œ
Shubham Chaturvedi
good move. looking forward to this.
Peter Halasz
Ok, that bear is too cute.
Reyna Rose Boutique
good
connor paddon
Love it!
Valerie DuVall
Great software with actual support!!! Made things super easy once we figured out a small glitch on my end.
Ganesh S
The product is very simple to use and very beneficial. Thanks
James Regan
They do an incredible job of aggregating all of your trading data. I had over 7000 trades which they easily processed correctly. I will definitely use them again next year.
Ed Burns
Saved me so much time by preparing my tax documents! Their customer support chat is also extremly helpful.
Dennis Mast

I'm a 1st year Crypto trader. Taxes were stressing me out. OMG no worries !

Pros:

So easy and painless! Great support. Walked me through it!

Cons:

Maybe add a performance tracker?

Vamshi Vangapally
@dennis_mast Sure Dennis, it's on our roadmap. We'll keep you posted when it's live.
Kris Lawson
Awesome product! Would like to see some more API's added. Also the ability to review and edit transactions after fixing issues
Ben Ramirez

Very easy to use I love the product. Thanks for making it easy to be able to file my taxes

Pros:

API import

Cons:

Support more exchanges with API

Ben Ramirez
I really like the import of API. Easy to use. Would not have been able to do it otherwise
Bradley Carden

Glad I found this site to help process over a thousand transactions!

Pros:

API upload

Cons:

Chat isn't much help, and site seems slow but overall very useful

Vamshi Vangapally
@bradley_c Thanks Bradley for your feedback. We have bumped up our operations to provide 24x7 support. Hope to resolve your queries much faster the next tax year.
ERICA VOISIN

I needed something cheap to figure out cryptocurrency for taxes. This works good so far.

Pros:

Easy to Use

Cons:

None so far.

Miyuru Fernando

Thanks for relieving the stress of crypto tax :)

Pros:

Super easy to use and supported all the exchanges I traded on.

Cons:

API integration for more exchanges.

Vamshi Vangapally
@miyurufernando Sure, we are working on integrating with more exchanges via API and also supporting margin trades. We'll keep you posted.
Aaron Brown
this worked very well