What is Binocs?
The Simplest Crypto Tax Software And Accounting Platform. Calculate your crypto taxes & track portfolios across 300+ Exchanges, Wallets and chains 📊💸 You focus on investing and we'll take care of the rest.
Problem
Crypto investors often struggle with calculating taxes and tracking their portfolios across various exchanges, wallets, and chains, which can be cumbersome and time-consuming due to the decentralized and complex nature of cryptocurrency investments. The deciphering of tax liabilities and portfolio management across 300+ exchanges, wallets, and chains is particularly challenging.
Solution
Binocs offers a dashboard platform where users can calculate their crypto taxes and track their portfolios across 300+ exchanges, wallets, and chains. By unifying all crypto investments into one platform, it simplifies the process of tax calculation and portfolio management for investors. The simplification of crypto tax calculations and portfolio tracking across multiple platforms is a core feature.
Customers
The primary user persona for Binocs includes crypto investors, both novice and experienced, who engage in transactions across multiple platforms and require assistance in managing their tax liabilities and investment portfolios efficiently.
Unique Features
One of the unique features of Binocs is its ability to seamlessly integrate with 300+ exchanges, wallets, and chains, offering a comprehensive solution for tax calculation and portfolio tracking tailored specifically for the cryptocurrency market.
User Comments
User comments were not directly provided. Further research on forums and review platforms would be needed to accurately gauge user sentiments.
Traction
As of the last available data, specific metrics such as MRR, number of users, and financing were not explicitly mentioned for Binocs. Additional research on the company’s website and financial databases would be needed for precise figures.
Market Size
The global cryptocurrency market size was valued at about $1.49 trillion in 2021, indicating a vast potential market for crypto tax software and accounting platforms like Binocs.
