Binocs

Binocs simplifies the calculation of crypto tax and portfolio tracking: Integrates major exchanges, wallets and chains; Your crypto portfolio in one place; Supports DeFi and Derivatives; Crypto tax compliance at your fingertips.

Seed Round $4M

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What is Binocs

Founded in May by Tonmoy Shingal and Pankaj Garg, Binocs aims to help crypto investors manage their tax responsibilities. The company said in the release it can compute crypto taxes in less 30 minutes and has over 1,000 customers.

Binocs' platform enables tax computation while adhering to local regulation and laws. It covers a range of transactions from traditional buy and sell trades to staking and airdrops.

Binocs can link to user’s crypto wallets and exchange accounts enabling individuals to track their overall portfolio value and download quarterly and annual tax statements.