From Crypto Trades to Taxes: Kryptos's Exciting Partnership with Deribit

by
Sukesh Tedla
Reviewed by
min read
Last updated:

Kryptos, a leading crypto tax software backed by Binance Labs and Gate.io Labs, is thrilled to announce its collaboration with Deribit, the world's largest crypto-options exchange, accounting for more than 90% of the market share in BTC and ETH options.

From features like Zero Fee Spot Trading for BTC to their unique tools like Options Wizard, Price Ladder, Proof of Reserves, and many more, Deribit is shaping the crypto options industry for every trader.

Now, this partnership aims to simplify the crypto tax calculation process for Deribit users by offering seamless integration with Kryptos's platform.

Partnership Highlights

The partnership between Kryptos and Deribit is set to revolutionize the way users handle their cryptocurrency transactions. 

Users can now effortlessly link their Deribit accounts, enabling automatic synchronization of all transactions. Users can view and manage their entire portfolio on a unified dashboard, making it easier to track and analyze their crypto investments. Kryptos's advanced algorithms categorize Deribit transactions into gains/losses or income, ensuring simplified tax calculations. After reviewing their data, users can easily generate and download their Deribit tax report.

Special Promotional Offer

To kick off the partnership, Kryptos is excited to offer a 20% discount to all Deribit users. 

Redeem the offer using two simple steps:

  • Choose the plan that suits your needs 
  • Use the code “DERIBIT20” during the checkout.

Integration Details

Connect your Deribit account to Kryptos using one of two methods:

  • API: Simply add your API keys to Kryptos for a one-time import of all transactions.
  • CSV: No API keys? No problem! Kryptos also supports CSV file imports. Upload your CSV file on Kryptos and see all the transactions in the dashboard.

Once linked, Kryptos calculates Capital Gains Tax and Income Tax from the Deribit transactions.

To know the step-by-step process, refer to the Deribit Integration Guide.

About Deribit

Deribit is a leading crypto futures, spot and options trading platform based in Panama City, Panama. Deribit’s state-of-the-art system architecture ensures the fastest performance in the market, making it the first choice for algorithmic and HF traders. Deribit is the market leader in crypto options, with a market share of around 90%.

About Kryptos

Kryptos is a global crypto tax compliance software that simplifies Web3 finance for clients around the world. It is backed by Binance Labs and Gate.io Labs, two of the leading cryptocurrency exchanges in the world.

Kryptos offers a comprehensive suite of solutions that include accounting, portfolio management, and tax reporting. It supports over 2000+ DeFi protocols, 100+ exchanges and wallets, and 50+ blockchains. This makes it the one-stop shop for all Web3 finance needs.

All content on Kryptos serves general informational purposes only. It's not intended to replace any professional advice from licensed accountants, attorneys, or certified financial and tax professionals. The information is completed to the best of our knowledge and we at Kryptos do not claim either correctness or accuracy of the same. Before taking any tax position / stance, you should always consider seeking independent legal, financial, taxation or other advice from the professionals. Kryptos is not liable for any loss caused from the use of, or by placing reliance on, the information on this website. Kryptos disclaims any responsibility for the accuracy or adequacy of any positions taken by you in your tax returns. Thank you for being part of our community, and we're excited to continue guiding you on your crypto journey!

How we reviewed this article

Written by
Sukesh Tedla

Founder & CEO - Kryptos , Chairman and Board Member at Swedish Blockchain Association, Top Blockchain Industry Thought Leader.

Reviewed by

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From Crypto Trades to Taxes: Kryptos's Exciting Partnership with Deribit

By
Sukesh Tedla
On

Kryptos, a leading crypto tax software backed by Binance Labs and Gate.io Labs, is thrilled to announce its collaboration with Deribit, the world's largest crypto-options exchange, accounting for more than 90% of the market share in BTC and ETH options.

From features like Zero Fee Spot Trading for BTC to their unique tools like Options Wizard, Price Ladder, Proof of Reserves, and many more, Deribit is shaping the crypto options industry for every trader.

Now, this partnership aims to simplify the crypto tax calculation process for Deribit users by offering seamless integration with Kryptos's platform.

Partnership Highlights

The partnership between Kryptos and Deribit is set to revolutionize the way users handle their cryptocurrency transactions. 

Users can now effortlessly link their Deribit accounts, enabling automatic synchronization of all transactions. Users can view and manage their entire portfolio on a unified dashboard, making it easier to track and analyze their crypto investments. Kryptos's advanced algorithms categorize Deribit transactions into gains/losses or income, ensuring simplified tax calculations. After reviewing their data, users can easily generate and download their Deribit tax report.

Special Promotional Offer

To kick off the partnership, Kryptos is excited to offer a 20% discount to all Deribit users. 

Redeem the offer using two simple steps:

  • Choose the plan that suits your needs 
  • Use the code “DERIBIT20” during the checkout.

Integration Details

Connect your Deribit account to Kryptos using one of two methods:

  • API: Simply add your API keys to Kryptos for a one-time import of all transactions.
  • CSV: No API keys? No problem! Kryptos also supports CSV file imports. Upload your CSV file on Kryptos and see all the transactions in the dashboard.

Once linked, Kryptos calculates Capital Gains Tax and Income Tax from the Deribit transactions.

To know the step-by-step process, refer to the Deribit Integration Guide.

About Deribit

Deribit is a leading crypto futures, spot and options trading platform based in Panama City, Panama. Deribit’s state-of-the-art system architecture ensures the fastest performance in the market, making it the first choice for algorithmic and HF traders. Deribit is the market leader in crypto options, with a market share of around 90%.

About Kryptos

Kryptos is a global crypto tax compliance software that simplifies Web3 finance for clients around the world. It is backed by Binance Labs and Gate.io Labs, two of the leading cryptocurrency exchanges in the world.

Kryptos offers a comprehensive suite of solutions that include accounting, portfolio management, and tax reporting. It supports over 2000+ DeFi protocols, 100+ exchanges and wallets, and 50+ blockchains. This makes it the one-stop shop for all Web3 finance needs.

All content on Kryptos serves general informational purposes only. It's not intended to replace any professional advice from licensed accountants, attorneys, or certified financial and tax professionals. The information is completed to the best of our knowledge and we at Kryptos do not claim either correctness or accuracy of the same. Before taking any tax position / stance, you should always consider seeking independent legal, financial, taxation or other advice from the professionals. Kryptos is not liable for any loss caused from the use of, or by placing reliance on, the information on this website. Kryptos disclaims any responsibility for the accuracy or adequacy of any positions taken by you in your tax returns. Thank you for being part of our community, and we're excited to continue guiding you on your crypto journey!

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