Blockpit Reviews 934

TrustScore 4.5 out of 5

4.4

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Rated 5 out of 5 stars

The tool and its AI integration are excellent and really help users feel confident using the platform. I booked some time with Florian, who helped me clean up all the crypto transactions I had made ov... See more

Rated 5 out of 5 stars

I accidentally purchased the license for the wrong tax year (2025 instead of 2024). Even though I had already briefly used the software out of curiosity, which meant that according to their ow... See more

Rated 5 out of 5 stars

Apart from all the improvements of the platform, the support is really top and whenever I needed it (often) they helped me in every way. One piece of advice I would like to give is to buy the license... See more

Company replied

Rated 1 out of 5 stars

CAUTION! SCAM They claim that you have crypto sitting in wallet but to access it you need to pay around £500 into their crypto wallet. Sounds like a perfect scam especially considering that they ca... See more

Company replied

Company details

  1. Cryptocurrency Service
  2. Accounting Software Company
  3. Bookkeeping service
  4. Tax Preparation
  5. Tax preparation service
  6. Tax preparation software

Written by the company

Blockpit is a leading crypto tax software platform and web app. We automate tax reporting for cryptocurrencies, offering comprehensive portfolio tracking and accurate tax calculations. Special highlights of our software are tax optimization and a unique nft gallery feature. Trusted by crypto enthusiasts and professionals worldwide, Blockpit ensures compliant and hassle-free crypto taxation.


Contact info

4.4

Excellent

TrustScore 4.5 out of 5

934 reviews

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Replied to 90% of negative reviews

Typically replies within 1 week

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Rated 3 out of 5 stars

Good, but...

Good handling and a cool guiding, but expensive and hidden options you can only see when charged.

7 March 2024
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Reply from Blockpit

Hello,

Thank you for your feedback. We're glad to hear that you found our platform easy to use and appreciated the guidance provided. Regarding pricing, we strive to offer transparent information about our plans and features. However, we understand your concerns and will take your feedback into consideration as we continue to improve our services.

Best regards
Team Blockpit

Rated 5 out of 5 stars

Quick and competent help

I had a problem with transactions that didn't show no matter how often I synched manually, and a very friendly and helpful guy led me through the process of fixing this.

26 February 2024
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Reply from Blockpit

Hello,

Thank you for sharing your feedback. We're pleased to hear that our support team was able to assist you promptly and effectively. Ensuring that our users receive quick and competent help is a top priority for us, and we're glad we could resolve your issue.

If you have any more questions or need further assistance, please feel free to reach out to us anytime. We're here to help!

Best regards
Team Blockpit

Rated 5 out of 5 stars

Easy to contact, fast reply, all solved

The support was easy to contact, answerd within one day and together we found a solution for my issues. That's how it should be, but what nowadays is hard to find. Keep it up like that!

28 February 2024
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Reply from Blockpit

Hello T.,

Thank you so much for taking the time to share your experience! We're thrilled to hear that our support team was able to assist you promptly and effectively. Providing excellent customer service is a top priority for us, and we're glad we could meet your expectations.

If you ever need further assistance or have any questions in the future, please don't hesitate to reach out. We're always here to help!

Best regards
Team Blockpit

Rated 2 out of 5 stars

Unfinished product

Pretty much all the good features of Accointing do not work on Blockpit. They are working on them but they by fare are not where Accointing was a year ago. I am very disapointet with the forced switch to Blockpit after their acquisition of Accointing. It cost me a lot of effort to reach a state that is not even close to what i had on Accointingt.

27 February 2024
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Reply from Blockpit

Hello,

thank you for your feedback. We understand that change can be difficult. Sadly, it was no option to keep both platform up and running. Be assured that Blockpit will reach feature parity as well.

Best regards
Team Blockpit

Rated 3 out of 5 stars

Growing pains

I transitioned from Accointing and getting accustomed to the new program. The transition did not go as seamlessly as had been suggested and I am still tackling Tips. Speaking of Tips, why Tips? Why not call them 'Errors' or 'Issues' or something a bit more descriptive? Must be a translation thing. And a great number of my Tips were created because of the wonky way the time stamp was transcribed. That would cause the transaction list to show a withdrawal prior to the deposit and create a 'missing history' Tip. Many were caused by miss-identified tokens. (I was rich for a few days until I corrected that Tip) It is a process.

But on to the main gripe. The customer service response time is very slow. The Discord blog isn't much help either. The only response I've gotten so far was an attempt to sell a very expensive crypto trading service.

I do like the tax documents.

Keep working and I'm sure it will get better.

26 February 2024
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Reply from Blockpit

Hello,

thank you for your honest feedback. Tips were called Issues before, but the wording has been changed to a more generic one, as not every Tip is a real Issue.
If you experienced incorrect import/migration of timestamps, it would be helpful to get some data samples in order to replicate the claim/potential problem.

Be assured that our customer service response times will improve. If you have an urgent matter, you can always forward your ticket ID in our social media channels.

Best regards
Team Blockpit

Rated 4 out of 5 stars

I got the file

I got the file, but it did take quite a while.

19 February 2024
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Reply from Blockpit

Hello,

thank you for your feedback. If you are referring to the accointing history file request, be assured that we are currently working on an alternative download option directly in your account.

Best regards
Team Blockpit

Rated 1 out of 5 stars

The currency cannot be changed so that…

The currency cannot be changed so that I'm forced to monitor my portfolio in EURO currency instead of US$. This is ridiculous and is a step back when migrating from Accounting.
Very disappointing and not understandable.

30 January 2024
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Reply from Blockpit

Hello U.,

thank you for your feedback. Unfortunately, it is currently not possible as the for the valuation is currently bounty to the tax jurisdiction. Therefor only by a change of your account settings this can be achieved,

Please use our Feature Request Board: https://blockpit.featureupvote.com/ to allow a proper prioritization of your request.

Best regards
Team Blockpit

Rated 1 out of 5 stars

Product has gotten worse since being bought out

Blockpit bought out a company called Accointing which was based in Switzerland. Privacy, usability, and data security were the main focuses. they required all accounting users switch to Blockpit’s platform, which removed a lot of features that made most people choose accounting, while charged substantially more for the service. Blockpit cannot generate business forms, generate expense statements, valuate airdrops at the time of collection (required by IRS), and all transactions are computed in GMT regardless of time zone, so end of year transactions can show up in the wrong year. Note for US filers could be liable for Tax fraud. Support took weeks to answer my questions, say they are bugs, but offer no realistic solution. On the plus side, they improperly valuate crypto in the trends space, so according to a Blockpit, I’m a billionaire.

29 January 2024
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Reply from Blockpit

Hello C.,

thank you for your feedback. As ex Accointing user, you get free licenses for all your tax year prior to 2023.
If a transaction label does not fit your requirements, you can simply relabel the affected transaction to Interest or other adequate types.
Should an asset not show the correct asset value please reach out to our support as this may be related. If your problem is not mentioned in your request, it may not be treated accordingly.

Make sure to use our ticket form and select tax tool migration so we can prioritize your request accordingly.
We are already working on improving our currently longer response times in general.

Thank you for your patience and understanding.

Best regards
Team Blockpit

Rated 1 out of 5 stars

The migration process from Accointing…Disaster

The migration process from Accointing was a disaster. Many transactions to other exchange’s “transfers”, were not complete just showing crypto sent. Transactions to my Ledger devices were missing or labeled just “crypto sent or received”. All the APIs to exchanges were missing. I had to going into the integrations to re sync with my APIs. When sync was finished I ended up with double transactions; hundreds! I’m still after almost 3 weeks reconciling everything. Here’s the part you’ll like, I HAVE to STAY with BlockPit at least this year because I have so much work invested in the system!

20 January 2024
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Reply from Blockpit

Hello,

Tax tool migrations in general are quite complex. Most of your Transfers will be detected/merged automatically as long as you imported all your integrations. Some may have to be merged manually in order to avoid incorrect Transfers. Your existing API keys can not simply be copied and pasted via CSV. The Blockpit tax tool migration dialogue is quite sophisticated and well documented in our migration guidelines. Please take care when setting up API syncs, as you should set the correct API start date.

Best regards
Team Blockpit

Rated 5 out of 5 stars

Much better than accounting

Much better UI and usability.

10 January 2024
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Reply from Blockpit

Hello L.,

thank you for your feedback regarding UI and usability of your Web App. We are doing our best to keep everything as simple and transparent as possible.

Best regards
Team Blockpit

Rated 1 out of 5 stars

Import from accointin (the Company

Import from accointin (the Company, Blockpit bought) is generating wrong data, with no reasonable conclusion. The Support Case I opened took several weeks to answer. And the answer was like: please take care of manually resolving the mistakes, that the import caused…thanks a lot, I guess

10 January 2024
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Reply from Blockpit

Hello Philippe,

thank you for your honest feedback. Due to year's end and high ticket pressure, specific requests may take longer for replies.
The answer given in your request was actually quite precise. Your acquisition costs can not match as long as you have unlabeled transactions that are not merged to Transfers as not all Transfers can be merged automatically. There is a failsafe/fallback logic for some cases in palce in order to avoid incorrect mappings. Please make sure all your Transfer transactions are represented and merged accordingly and start a recalculation after you did so.

More on the automatic merging to Transfers:
https://help.blockpit.io/hc/en-us/articles/360015360759

Best regards
Team Blockpit

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