How it works -
How CypherPal Works
CypherPal is your trusted companion in the fast-moving world of
cryptocurrency taxation.




Import your crypto wallets effortlessly. We make it easy to link your favorite wallets and exchanges in just a few clicks — including Phantom, MetaMask, Coinbase, Binance, and many more. Your entire transaction history is automatically synced and imported, so you never have to deal with spreadsheets or manual uploads. Whether you're using a hot wallet, cold storage, or trading across multiple platforms, everything gets pulled into one secure, unified dashboard.
See every trade, swap, and transfer in one place. Your crypto activity is automatically categorized and neatly organized — trades, swaps, airdrops, NFT purchases, staking rewards, and more. With real-time tracking and an intuitive interface, you’ll gain complete visibility into your crypto journey. No matter how active or passive your trading habits, our system ensures you stay on top of every move with zero confusion.
Know exactly what you earned or lost. Our powerful tax engine handles the heavy lifting, matching buys and sells, tracking your cost basis, and applying real-time market data to calculate your capital gains, losses, and crypto income. We support common accounting methods like FIFO and LIFO, helping both casual investors and power users generate accurate summaries of their tax positions — all without the headache.
Get ready-to-file reports in seconds. Once your transactions are sorted and your gains calculated, you can generate fully compliant tax reports tailored to your country’s regulations. Download forms for self-filing, or send them directly to your accountant or tax software. Whether you're preparing for the IRS, CRA, HMRC, or another tax authority, we’ve got your back — simple, secure, and stress-free.
Frequently Asked Questions
Get advice and answers from our team of crypto tax experts.
Yes. In most countries, cryptocurrencies are treated as property or an asset class. This means that when you sell, trade, or spend crypto, it may trigger a taxable event. You may owe capital gains tax if the value increased since you acquired it.