Automatic crypto capital gains and losses calculation
Crypto tax calculations: Simplified.
- Hassle-free. Everything you need for tax reporting in Canada
- Automatically calculate capital gains and manage your portfolio
- Supports 170 Canadian, international exchanges, and blockchains seamlessly
Crypto tax calculations: Simplified.
170
Canadian, international exchanges and blockchains
26,453
cryptocurrencies
150,000+
users
cryptact: A promising solution for crypto tax management in Canada
cryptact stands out in the crypto tax software industry by effectively addressing key challenges. The platform's transparent calculation logic handles various transaction types, from basic trades to complex DeFi operations, with apparent ease. As the crypto tax landscape evolves, cryptact's clarity and user-friendly features position it as a promising solution for traders.
Please refer to this page for details on our coverage of capital gains and loss calculations in Canada.
Take the hassle out of calculating your crypto gains
cryptact helps you calculate capital gains and losses on your crypto investments. This is usually a daunting task, even for the experienced, but our automated system makes it quick and easy.
Live portfolio view
Managing multiple currencies across different exchanges can quickly become overwhelming, potentially leading to poor investment and tax decisions. cryptact provides real-time updates on your portfolio every few seconds, helping you stay well-informed and regain control of your investments.
Get started in 3 easy steps
Even complex and tedious crypto gain and loss calculations can be done hassle-free, saving you valuable time.
Import your transactions
Review your results
Add to your tax filing
Import your transactions from exchanges
Easily sync your transactions by entering the API key or by uploading transaction files obtained from exchanges.
Import your transactions from wallets
Simply enter your wallet addresses into cryptact, and all your DeFi/NFT transactions will be automatically listed and visualized in one place.
Why cryptact?
By making cryptocurrency transactions easier and more convenient, we provide a simple and efficient
service trusted by users around the world.
Try out everything for free
Start calculating capital gains and losses for exchanges, DeFi, and NFTs, and import up to 100,000 transactions per year—all for free.
Your step-by-step virtual assistant
cryptact guides you through every step needed to calculate your profits and losses with a clear, easy-to-follow walkthrough.
Manage all your assets in real-time
cryptact updates your portfolio every few seconds, helping you view all of your investments in one place and make well-informed decisions.
Wide support for exchanges and coins
cryptact supports 170 Canadian and global exchanges, blockchains, and 26,453 cryptocurrencies, offering one of the broadest coverage among crypto tax software.
Automatic identification of DeFi and NFT transaction types
Simply input your wallet address to import all transaction history automatically. cryptact can auto-identify transaction types, significantly reducing manual work.
Effortless data sync via API and wallet addresses
Instantly sync transaction data with API integration and wallet connections. P&L calculations are simple for anyone.
Supported exchanges
Our service supports 170 Canadian and international exchanges, blockchains, and 26,453 cryptocurrencies seamlessly.
We are continuously expanding our coverage. Please feel free to reach out through our help center with any specific requests.
*Most exchanges with API sync support also accept file uploads.
*For unsupported exchanges, automatic calculations can still be done by uploading custom files or adding custom transactions.
Our plans tailored to your needs
Access all transaction types starting with the Free Plan. You can upgrade to a paid plan anytime.
Free
/year
Transactions/year:
Free plan key features:
- Live portfolio view
Average Cost (ACB), FIFO, LIFO + more
200+ fiat pairs, 10+ reporting currencies
- 26,453 cryptocurrencies
Unlimited exchanges & wallets
DeFi automated classification
NFT transaction support
Custom transactions/custom file support
- Upload file size up to 50 MB
Basic
/year
Transactions/year:
Everything in Free, and:
- Data retention
- Email support
- Ledger download
Prime
/year
Transactions/year:
Everything in Basic, and:
Auto-renewal discount
- Upload file size up to 200 MB
Pro
/year
Need more transactions per year?
Everything in Prime, and:
- Corporate fiscal year-end setting
Conditions apply to the annual transaction limit for Pro Unlimited. Please review them before purchasing. Read conditions Prices shown include tax. Cryptocurrency payments are also accepted. The final amount may vary due to credit card fees or exchange rate fluctuations. * For the Free plan, if you add more than 50 transactions in any given year, the results of your profit and loss calculations will not be displayed.
Please note that payments are non-refundable once confirmed. Additionally, paid plans will automatically renew unless you change your settings after purchase.
Frequently asked questions
Here are some of the most common questions we get asked by our customers.
Can I use cryptact for free?
Yes, you can start calculating capital gains and losses for exchanges, DeFi, and NFTs, and import up to 100,000 transactions per year for free.
Is cryptocurrency taxable in Canada?
Yes, the Canada Revenue Agency (CRA) treats cryptocurrencies as capital gain assets and certain types of transactions are recognized as income gains. You are required to pay taxes when you trade, sell, receive staking rewards, or use cryptocurrency for purchases.
Will I still be taxed on cryptocurrencies if I haven’t converted them into cash or if I have a loss?
Yes, you still need to report your cryptocurrency transactions to the CRA, even if you didn’t convert them into cash. Reporting losses is important because you can use them to offset future gains and reduce your tax liability.
What happens if I don’t report my crypto taxes? What if I forgot to report my crypto taxes?
According to the CRA, failing to lodge your tax return could be considered fraud or tax evasion. Penalties, including imprisonment, are stipulated for such cases.
Can the CRA track my trades and activity?
Yes, the Canadian government announced its plan to adopt the OECD's Crypto-Asset Reporting Framework (CARF) by 2027, enhancing tax transparency and strengthening reporting obligations for service providers globally.
I would like to include past fiscal years in the calculation. Do I have to pay a fee for each fiscal year?
No, you do not have to pay for each fiscal year. You can upload the history for any fiscal year during the term of the plan. Once uploaded, you will be able to calculate your profit/loss for each fiscal year.
What payment methods are available?
We accept the following payment methods: - Credit cards (Visa, MasterCard, AMEX, JCB, Diners Club, Discover) - Cryptocurrency (Bitcoin, Bitcoin Cash, Ethereum, and four types of stablecoins: GUSD, USDC, PAX, BUSD, etc.)
How can I switch from another crypto tax software to cryptact?
If you've used another calculation service, you don't have to import all your past transactions. Just provide us with the positions you held during a specific year, and we can accurately calculate your profit and loss.
Get started with cryptact today!
Get access to a wealth of free features that make it easy to calculate your cryptocurrency capital gains.
