Blockstats

Blockstats is a crypto portfolio tracker designed for cryptocurrency traders and investors to streamline tax reporting and portfolio management. It offers AI-powered analytics and real-time tax form generation that helps users stay compliant with IRS requirements while optimizing gains.

What Makes Blockstats Stand Out

• Real-time portfolio tracking: Monitor your crypto assets live with up-to-the-minute price data covering over 15,000 tokens.
• Automated tax form generation: Supports IRS forms like 8949 and Schedule D as well as TurboTax, simplifying tax filing.
• Extensive integrations: Connects with 500+ wallets, exchanges, and blockchains for comprehensive transaction coverage.
• AI-driven transaction labeling and tax event identification reduces manual effort and errors.
• In-depth performance metrics: Analyze cost basis, ROI, trade gains/losses, and price averages by token and exchange.

Who Should Use Blockstats

• Crypto investors needing accurate portfolio insights and tax compliance without manual spreadsheet management.
• DeFi users who require detailed tracking of complex transactions such as swaps, bridges, and claims.
• Tax professionals or accountants managing diverse client crypto portfolios wanting efficient, audit-ready reports.

Frequently Asked Questions

What is Blockstats?

Blockstats is a crypto portfolio tracker that combines automated tax reporting with live portfolio analytics, helping users manage trading performance while preparing accurate tax documents.

How does Blockstats support tax reporting for crypto?

It automates cost basis calculations for each transaction, categorizes taxable events using AI, and generates tax forms compliant with IRS requirements, making crypto tax filing more straightforward.

What are the main alternatives to Blockstats?

Other crypto portfolio and tax tools include CoinTracker, Koinly, and CryptoTrader.Tax, each offering various levels of integration, pricing models, and features tailored to different user needs.

What are the limitations of using Blockstats?

While Blockstats supports a vast array of tokens and exchanges, high-frequency traders or users with extremely complex DeFi operations might face occasional delays due to data volume or require manual verification.

Is Blockstats suitable for enterprises or professional teams?

Blockstats serves both individual traders and enterprise users, offering features that support large portfolios with audit-ready reports and priority support options.