What is BearTax and how can it help with cryptocurrency taxation?

We are BearTax, a software which enables Individuals, CPAs, and Accounting firms to calculate the performance of their crypto investments for a given tax year for tax reporting purposes. We are incorporated in Georgia, USA and you can reach us on support@bear.tax or via the chat box on the bottom right corner.

Disclaimer: We are not a financial advisor or a certified tax professional. Please consider our platform as a tool helping you to calculate, but you need to report these numbers to your CPA or tax preparer and file accordingly.

Why do you need email id while registering?

Providing your email will help us in communicating with you securely. Also, to send out activation email, notify when certain events are done like importing transactions, calculation of gain/loss data and when tax forms are ready to download.

Didn't receive the activation email in my account!

You'll receive activation email as soon as you signup. Please check you Updates or Promotions tab on Gmail if not in primary inbox. If you couldn't find anywhere in the inbox, please check spam mail. If you don't get an email - it could be an official email and your email provider or company firewall must be blocking it - in such case, contact us using the chat box on the bottom right corner and we'll help you.

What exchanges are supported on BearTax?

BearTax is integrated with major exchanges like Coinbase, GDAX, Poloniex, Gemini, Binance, Bittrex, Cryptopia and many more. You can import trades from virtually every exchange around the world. If an exchange is not listed, you can use a generic csv file to upload your trades. This can help you with trades performed on decentralized exchanges

Do you recommend uploading a CSV or to connect API?

We would recommend connecting API instead of CSV upload. This is because you can import your deposits, transactions, and withdrawals in one go for most of the exchanges, without having to upload multiple CSV files. However, exchanges like Gemini doesn't have an API connection, where you need to upload transactions from a CSV file

Why can't I upload csv for Coinbase and GDAX?

As mentioned above, to stand by our recommendations - we've enabled only API or oAuth connection for those which are available. We support CSV upload only if the certain exchange doesn't have API integration to maintain security and accuracy

Is my data safe?

Security is our highest priority. Our architecture prevents any front-end access to data without proper credentials and all of our communications occur through a secure HTTP channel. Always look out for https:// in the URL and lock icon with words SECURE beside the URL.

How do I know that granting API access is secure??

If you read the API access documentation from various providers. API is meant for a third party application to interact with your exchange. Since you are granting only READ ACCESS, there's no way we or anyone else can modify anything on your exchange account.

We will never store your API keys and use it only for establishing a one-time connection to fetch transactions history from exchange and poof! You need to feed us again if you want to import next time.

Could someone hack BearTax and get access to my Coinbase account?

With Coinbase oAuth or API keys, you are granting our platform only a READ ACCESS. Above that, we are not storing your access token or API keys anywhere. So, even if a third party gains access to our servers or hacks our platform, there's no chance of reaching your exchange accounts.

Is this a paid service?

It's FREE to import transactions, calculate gain/loss and view the summary of your gainloss. We charge only for downloading detailed CSV for tax reporting or capital gains (8949) document.

Our pricing is simple and very competitive. It goes by the number of transactions you've and starts from as low as $0.99. Read more on pricing

I can't download my tax form or gain-loss CSV?

Tax form, which is a capital gains document or 8949 document opens in a popup. If you have an ad-blocker active on beartax or popups disabled for bear.tax, then your tax form won't open or download. We would request you to disable popup blocker or AdBlock paused on our website.

Go ahead & Try BearTax

Leave aside your calculator, excel sheets and let the Big Bear take care of it.