Blockpit

Overview

Blockpit brings crypto portfolio tracking, tax analysis and reporting into one service for investors who want to follow holdings and produce tax documentation. Its free tracker is the strongest starting point; tax reports cost extra and scale with transaction count.

Founded in 2017 and headquartered in Linz, Austria, Blockpit serves individual investors alongside tax professionals, financial institutions, exchanges and public authorities. It runs on the web, Android and iOS.

Key features

The free tracker shows portfolio value, activity, allocation, historical performance and categorized transactions. That is enough for ongoing portfolio monitoring, but users who want tax optimization or more detailed tax figures need Blockpit Plus.

Plus adds a sales simulator, tax optimization opportunities, transaction-level tax details, daily synchronization, portfolio insights and charts. These features make it more relevant to active investors planning sales or trying to understand tax consequences than to someone who only needs a basic balance view. Plus is an annual subscription with custom pricing.

Blockpit connects to exchanges, wallets, blockchains and dApps through API connections, wallet addresses and CSV imports. The company says it supports more than 700 exchanges and wallets and more than 100 tax jurisdictions. DeFi and NFT activity are supported, which broadens its usefulness for investors whose records span more than centralized exchange trades.

Crypto tax reports and Source of Funds reports address different needs: the former document tax activity, while the latter document where crypto funds originated. Crypto tax report charges follow the transaction count in the selected tax year, not portfolio value. Reports can be exported as PDF or CSV and support tax forms including Beilage E1kv, Anlage SO, Wertschriftenverzeichnis, Form 8949 and Form 109. That range is useful for supported filing workflows, but users should confirm their jurisdiction and transaction volume before choosing a tier.

Blockpit says it hosts services on dedicated hardware in Austria, encrypts transmitted data with 256-bit encryption and uses token-based two-factor authentication. It also says API keys are encrypted with AES-256-GCM, exchange keys are read-only, and it never asks for private keys or wallet access. A third-party security firm periodically performs vulnerability scanning and penetration tests. These safeguards are relevant for a service handling sensitive financial records, though they do not remove the need to protect account credentials.

Pricing

The Portfolio Tracking plan is free, making it the sensible choice for users who want portfolio monitoring without tax reports. The free tracker has a 50-transaction limit, so it may not cover a high-activity portfolio.

Crypto tax reports are one-time purchases per tax year, with PDF and CSV export:

• Small: €49, paid once, up to 50 transactions.
• Medium: €99, paid once, up to 1,000 transactions.
• Large: €149, paid once, up to 3,000 transactions.
• X-Large: €229, paid once, up to 10,000 transactions.
• XX-Large: €549, paid once, more than 10,000 transactions.

The Small tier suits low-volume users; larger tiers prevent a transaction-heavy year from exceeding the report quota, but make the cost rise substantially. Since pricing follows transaction count rather than portfolio value, frequent traders should estimate their activity before buying.

Source of Funds reports are sold as credits that do not expire: €19.99, paid once for one credit, €49.99, paid once for three, or €79.99, paid once for five. The three- and five-credit bundles lower the per-report cost for users who expect to document multiple sources. Blockpit Plus is an annual subscription with custom pricing and includes tax figures, tax optimization, daily synchronization, portfolio insights and charts.

The 14-day Plus trial ends automatically, requires no payment details and does not renew automatically. It offers a way to assess the subscription features without committing to a paid term.

Platforms

Blockpit is available on web, Android and iOS. That coverage suits users who want to check portfolios from a browser or mobile device; the platform list does not include a desktop application.

Who it's for

Blockpit fits crypto investors who want free portfolio tracking and the option to buy a tax report sized to their transaction volume. It is also worth considering for investors with DeFi or NFT activity, or those who need a Source of Funds report. Users seeking tax optimization and daily synchronization should assess Plus, while anyone who needs a free tax report or a fixed published Plus price should look elsewhere.

Blockpit offers a free 15-minute initial consultation, a €99 30-minute Expert Check and Expert Service starting at €199 per hour. Those paid services may suit users who want additional expert assistance, but they add to the cost of reporting.

Pros and cons

• Pros: Free tracking covers portfolio value, allocation and historical performance, so monitoring does not require a report purchase.
• Pros: Transaction-based report tiers make the tax-report cost depend on activity rather than portfolio size or value.
• Pros: DeFi and NFT support, broad exchange and wallet coverage, and Source of Funds reports cover needs beyond basic portfolio tracking.
• Cons: The free plan's 50-transaction limit and paid tax reports can make Blockpit a poor fit for users expecting substantial free tax coverage.
• Cons: Plus has custom pricing, making it harder to weigh its annual cost against its added analysis tools before requesting a price.

Alternatives

For a wider comparison, browse Crypto Tax Software.

Coinpanda is worth comparing if a 25-transaction free tax-year allowance or a $79 a year Hodler plan for 100 transactions better matches your needs.

CoinTracking is another freemium alternative with a free plan and a seven-day trial; its Starter plan is $49 a year.

rotki is an alternative with free options for Linux, macOS, Windows and self-hosting, including a Free plan capped at 1,000 recent events.

Koinly may suit users who want a free plan with up to 10,000 transactions, unlimited wallets and exchange accounts, portfolio tracking and a preview of capital gains.

Bitcoin.Tax offers a free plan for up to 20 trading transactions and a $59.95, paid once Premium plan for up to 1,000.

Waltio is an alternative with a free plan that includes unlimited exchanges and wallets, portfolio tracking and a foreign accounts form.

Awaken Tax is another freemium option.

CoinLedger is worth considering for its free portfolio tracking plan, which includes unlimited exchanges and wallets, and 20,000+ cryptocurrencies.

Verdict

Choose Blockpit if you want portfolio tracking at no cost and a path to transaction-based tax reports, including support for DeFi, NFTs and Source of Funds documentation. Its broad integrations and multiple report tiers serve investors with varied activity levels. Look elsewhere if you need a free tax report, your activity exceeds the free tracker’s 50-transaction cap, or you want a published Plus price before deciding.