Managing cryptocurrency taxes can be overwhelming, especially with multiple exchanges, DeFi protocols, and NFT transactions across different blockchains. With increasing regulatory scrutiny, accurate reporting is no longer optional—it’s essential. That’s where Cryptact comes in: a powerful, user-friendly crypto tax calculation tool designed to streamline your year-end reporting, portfolio tracking, and tax preparation—all in one platform.
Whether you're a casual investor or an active trader handling thousands of transactions annually, Cryptact simplifies the complex process of calculating capital gains, losses, and taxable income in compliance with Japanese tax guidelines.
Why Cryptact Stands Out in Crypto Tax Software
Cryptact isn’t just another profit-and-loss calculator—it's a comprehensive financial management solution tailored for crypto users. From automatic data syncing to real-time portfolio visualization, it empowers users to stay audit-ready throughout the year.
👉 Discover how easy crypto tax reporting can be with the right tools.
Seamless Integration Across Global Exchanges and Wallets
One of Cryptact’s biggest strengths is its extensive support for domestic and international exchanges, blockchain wallets, and DeFi platforms. With over 30 exchanges supported via API integration, including Binance, Coinbase, Kraken, and domestic platforms like bitFlyer and Coincheck, your trading history syncs automatically—no manual uploads required.
In addition:
- Connect Ethereum, Solana, or Bitcoin wallets directly.
- Automatically track NFT mints, swaps, and sales.
- Monitor liquidity pool activities, staking rewards, and airdrops.
This level of automation ensures that even high-frequency traders with diverse portfolios can maintain accurate records without spending hours on spreadsheets.
Free Plan with Full-Feature Access – No Hidden Limits
Unlike many competitors that restrict core features behind paywalls, Cryptact offers a robust Free Plan that includes:
- Support for up to 100,000 transaction imports
- Full access to DeFi and NFT transaction recognition
- Real-time portfolio tracking
- Multi-wallet and exchange connectivity
- Compatibility with 25,448+ cryptocurrencies (and growing)
This means you can start using Cryptact risk-free, scale as your trading volume increases, and upgrade only when advanced features like extended data retention or priority support are needed.
Real-Time Portfolio Insights at a Glance
Understanding your current financial position is crucial—not just for tax season but for making informed investment decisions. Cryptact’s intuitive dashboard provides:
- Live balance updates across all connected accounts
- Average acquisition price per asset
- Realized and unrealized gains/losses
- 24-hour price movement tracking
- Total portfolio valuation in JPY or USD
“I often forget what price I bought certain tokens at. With Cryptact, everything is visible—acquisition cost, current value, and profit status—all in one view.” – ichiya.eth, Artist & Crypto Investor
This transparency helps prevent costly mistakes and supports strategic tax-loss harvesting before year-end.
Trusted by Professionals and Regulators Alike
Cryptact has earned trust not only among individual investors but also within the professional accounting community. Developed with input from former Tokyo Regional Tax Bureau tax experts, it follows National Tax Agency (NTA) guidelines precisely.
Key compliance features include:
- Accurate yen conversion using minute-by-minute historical rates
- Support for both Total Average Cost Method and Moving Average Method
- Error detection for suspicious or malformed transactions
- Audit-ready reports exportable for tax filing
“As a CPA firm specializing in digital assets, we recommend Cryptact because it reduces human error and aligns perfectly with Japanese tax law.” – Shin Sakamoto, Partner at Tamaran Sakamoto CPA Firm
Its adoption by tax professionals underscores its reliability and accuracy—critical factors when facing potential audits.
Frequently Asked Questions About Crypto Taxation
Do I need to file a tax return if I earn crypto profits?
Yes. If you're employed and earn more than ¥200,000 in net crypto profits, you must file a tax return. For self-employed individuals or those without regular employment, the threshold is ¥480,000. Even small gains should be reported—tax authorities have increasing visibility into overseas exchange activity.
What’s the difference between Total Average and Moving Average methods?
The Total Average Method calculates your average purchase price once per year based on all buys and transfers. The Moving Average Method recalculates after each acquisition. In Japan, individuals default to the Total Average Method unless they formally apply otherwise. Cryptact supports both for comparison purposes.
👉 See how automated tools eliminate calculation errors during tax season.
Are trades on overseas exchanges taxable?
Absolutely. All crypto transactions—regardless of jurisdiction—are subject to Japanese taxation if you’re a resident. The NTA can request data from international exchanges, so assuming offshore trades go unnoticed is risky. Non-compliance may lead to back taxes, penalties, or audits.
Can I carry forward crypto losses to future years?
No. Unlike some countries, Japan does not allow loss carryforwards for cryptocurrency. If you have unrealized losses, strategically realizing them before December 31st could offset other gains in the same year—a tactic known as tax-loss harvesting.
Is it possible to calculate taxes manually using Excel?
While the NTA provides a basic Excel template, managing complex portfolios manually is error-prone. Different exchange formats, DeFi events, and accurate timing of transactions make automation essential. Tools like Cryptact eliminate formatting issues and ensure consistency.
How do I handle cross-year disposals?
If you sell crypto held from a previous year, the gain or loss counts toward the current year’s taxable income. Proper tracking tools help ensure correct attribution across fiscal periods.
Flexible Pricing Plans to Fit Every Need
Cryptact offers tiered plans that scale with your needs:
Free Plan: Ideal for beginners or low-volume traders
→ Includes full DeFi/NFT support, 100k transaction limit, 50MB file upload
Basic Plan: For regular traders needing extended data storage
→ Adds email support, unlimited data retention
Prime Plan: Designed for power users
→ Higher file limits (200MB), auto-renewal discounts
Pro Unlimited: Best for institutional or ultra-high-volume traders
→ Corporate fiscal year settings, enterprise-grade reporting
All plans follow NTA standards and allow seamless upgrades/downgrades anytime.
👉 Maximize your tax efficiency with smart portfolio tracking tools today.
Start Your Crypto Tax Journey Risk-Free
Getting started with Cryptact takes less than five minutes—no credit card required. Simply sign up with your email, connect your exchanges or wallets via API or CSV import, and let the system do the rest.
With over 150,000 users already relying on Cryptact for accurate reporting and peace of mind during tax season, joining the platform means joining a trusted community of informed investors.
Whether you’re preparing for your first crypto tax return or managing a complex multi-chain portfolio, Cryptact turns chaos into clarity—helping you stay compliant, save time, and make smarter financial decisions.
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