Blockpit

Overview

Blockpit brings crypto portfolio monitoring together with tax reporting and documentation of fund origins. It is best suited to investors who want a free tracker and can buy a report sized to their annual transaction volume. Its broad integration coverage and dedicated Source of Funds reports are useful strengths, but transaction-based pricing can become costly as activity grows.

Key features

The free tracker covers portfolio value, activity, allocation, historical performance and categorized transactions. That makes it useful for keeping tabs on holdings without committing to a paid report. Blockpit connects to exchanges, wallets, blockchains and dApps through API connections, wallet addresses and CSV imports; it says it supports more than 700 exchanges and wallets and more than 100 tax jurisdictions.

For tax work, Blockpit supports DeFi and NFT activity and produces crypto tax reports as well as Source of Funds reports for documenting where crypto funds came from. Reports can be exported as PDF or CSV, with tax-form formats including Beilage E1kv, Anlage SO, Wertschriftenverzeichnis, Form 8949 and Form 109. Costs depend on transaction count in the selected tax year, not portfolio value, so active traders should check their likely tier before buying.

Blockpit Plus adds a sales simulator, tax optimization opportunities, transaction-level tax details, daily synchronization, portfolio insights and charts. These features are aimed at users who want more than tracking and a one-off report; the annual subscription has custom pricing, making it harder to weigh against the separately priced reports before receiving a price.

Blockpit says it hosts services in Austria on dedicated hardware, encrypts transmitted data with 256-bit encryption and uses token-based two-factor authentication. Stored API keys are encrypted with AES-256-GCM, exchange keys are read-only, and it does not request private keys or wallet access. It also says a third-party security firm periodically performs vulnerability scans and penetration tests. Those safeguards address important access risks, though users still need to decide whether to connect accounts or import data.

Pricing

The free Portfolio Tracking plan costs nothing and provides portfolio tracking. It is the sensible starting point for users who want monitoring without tax reports. Blockpit Plus is an annual subscription with custom pricing and includes tax figures, tax optimization, daily synchronization, portfolio insights and charts; users who need those ongoing tools should confirm the price before choosing it.

Crypto tax reports are one-time purchases per tax year, priced by transaction volume, with PDF and CSV export: Small costs €49, paid once for up to 50 transactions; Medium is €99, paid once for up to 1,000; Large is €149, paid once for up to 3,000; X-Large is €229, paid once for up to 10,000; and XX-Large is €549, paid once for more than 10,000. Small is a low-cost fit for modest activity, but its 50-transaction ceiling rules it out for many active users. The higher tiers provide room to grow, at a substantially higher one-time cost.

Source of Funds reports are sold separately: 1 Credit costs €19.99, paid once, 3 Credits cost €49.99, paid once, and 5 Credits cost €79.99, paid once. Credits do not expire, which suits occasional documentation needs without a recurring subscription. The Plus trial lasts 14 days, ends automatically, requires no payment details and does not renew automatically.

Platforms

Blockpit is available on web, Android and iOS, covering desktop and mobile use.

Who it's for

Blockpit suits crypto investors who want portfolio tracking alongside transaction-based tax reports, especially those who need Source of Funds documentation or support for DeFi and NFTs. Its audience also includes tax professionals, financial institutions, exchanges and public authorities. Users with more than 50 transactions should budget for a higher report tier; those seeking tax optimization tools should compare the Plus subscription price before relying on it.

Pros and cons

• Pros: The free tracker covers several useful portfolio views, while reports can be purchased separately by annual transaction count.
• Pros: Source of Funds credits do not expire, making them practical for infrequent reporting needs.
• Pros: Read-only exchange API keys and no private-key requests limit the access Blockpit says it needs.
• Cons: The Small tax report stops at 50 transactions, so even moderately active users may need to pay for a higher tier.
• Cons: Plus has custom pricing, which makes its annual cost difficult to compare upfront with one-time report purchases.

Alternatives

Consider Coinpanda if its free option covering 25 transactions or its Hodler plan at $79 a year for 100 transactions fits your volume better. CoinTracking is another option if you want a free portfolio-view plan with a seven-day unlimited-import trial. Choose rotki if desktop or self-hosted platforms matter more to you; its free plan covers 1,000 recent events. Koinly may suit users whose needs match its free plan, which supports 10,000 transactions and unlimited wallets or exchange accounts. Consider Waltio if its free portfolio tracking and manual P&L fit your workflow, or Awaken Tax if a web-based option is preferable. Bitcoin.Tax offers a free plan for up to 20 trading transactions, while CoinLedger has a free portfolio-tracking plan with unlimited exchanges and wallets.

Browse the Crypto Tax Software category to compare more options.

Verdict

Choose Blockpit if you want free crypto portfolio tracking paired with transaction-based tax reports and Source of Funds documentation. Its broad connections, DeFi and NFT support, and non-expiring Source of Funds credits make it a capable choice for investors who can match purchases to their reporting needs. Look elsewhere if you need a tax report for more than 50 transactions at the Small tier, or if you need a published Plus subscription price before deciding.