Looking to Maximize Returns & Minimize Crypto Taxes?
Say Hello to Tax Loss Harvesting!
How Tax Loss Harvesting Can Help You Save Taxes
Picture this: You initially acquired BTC at $5000, but unforeseen market fluctuations led to a 20 % decline, reducing its value to $4000. Tax Loss Harvesting is how you’ll use this market setback to your financial gain – by selling your BTC at $4000, realizing a $1000 loss, and reinvesting the $4000 in a comparable asset, such as Ethereum.
Want to learn more about tax loss harvesting?
Harvest Your Crypto Loss in 3 Simple Steps
Setup Your Crypto Account
Begin your journey by signing up on our platform for free. Have your portfolio at your fingertips and start optimizing your crypto taxes.Get Started →
Connect Your Exchanges
Integrate your crypto exchanges with our software in just a few clicks. Our 3000+ integrations ensure you have all your assets in one place.Get Started →
Save Taxes on Crypto
Sit back and relax as our software analyzes your portfolio, identifies potential tax loss harvesting opportunities, and provides actionable insights.Get Started →
Trusted by Thousands of Happy Customer
Adding new integrations every day so your taxes are always sorted.
"Kryptos made crypto taxes a breeze! Their software simplified the complex world of cryptocurrency taxation. Highly recommended!"
"Kryptos saved me time and headaches when it came to crypto taxes. I couldn't have asked for a better tool!"
"Kryptos streamlined my crypto tax reporting. Their platform is user-friendly and efficient – a game-changer for crypto enthusiasts."
“Easy to use, accurate, and a lifesaver for anyone navigating the complexities of cryptocurrency reporting.”
“A seamless solution for managing crypto and tax reports.”
“Kryptos exceeded my expectations for crypto tax management. Seamless, intuitive, and an invaluable tool for staying compliant. Thank you!”
Let’s decode Crypto Tax Loss Harvesting with these FAQs
Yes, crypto is taxed in most jurisdictions today. So you will have to pay taxes on your profits or claim losses as well. Kryptos helps you stay Stress Free by automating the process with 1000+ integrations.
Traditional finance refers to the existing banking system and financial infrastructure, while DeFi (Decentralized Finance) is entirely digital and decentralized. In DeFi, the logic and workflows of traditional finance are encoded into blockchains as smart contracts, enhancing efficiency and reducing fees for investors.
Kryptos performs numerous automatic checks and provides detailed insights if there are issues such as missing prices, transactions, or uneven balances within the application. While Kryptos cannot legally guarantee accuracy, for further questions or concerns, we recommend contacting your accountant or tax consultant.
Yes, DeFi activities are also taxable in many jurisdictions. You are required to report capital gains on cryptocurrencies or tokens and to declare earned LP or lending rewards as income. We support auto-sync on over 3000 DeFi protocols across more than 35 blockchains, offering a comprehensive DeFi suite.
DeFi, short for Decentralized Finance, is a sector where digital assets are traded, and all operations are decentralized.
In most jurisdictions today, crypto transactions are taxable. You are required to pay taxes on your profits and can claim losses as well. Kryptos simplifies this process by offering stress-free automation with over 3000 integrations.