Website

Binocs

Last updated: Dec 01, 2022

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

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Overview

Project industry	Finance Services & Banking
Product type	Platform
Founded	India

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.