LedgiFi is a cryptocurrency tax portfolio tracker designed specifically for Latin America, enabling users to calculate capital gains and organize transactions across multiple wallets and exchanges. The platform automates tax calculations and provides real-time portfolio analysis, helping users comply with tax regulations while managing their investments effectively.
Funding
$660K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
5SFounders
Product
Problem
Calculating and reporting cryptocurrency taxes can be complex, especially for users in Latin America due to varying regulations and a lack of specialized tools. Many crypto investors struggle to accurately track capital gains and organize transactions across multiple wallets and exchanges, leading to potential compliance issues.
Solution
LedgiFi is a cryptocurrency tax and portfolio tracking platform designed to simplify tax compliance for users in Latin America. The platform enables users to connect their wallets and exchange accounts to automatically calculate capital gains, track portfolio performance, and organize transactions. LedgiFi supports over 25,000 cryptocurrencies and offers real-time portfolio analysis, helping users make informed investment decisions while adhering to local tax regulations. The platform offers both free and paid plans, with the paid plans expanding the benefits.
Target Audience
LedgiFi targets cryptocurrency investors and traders in Latin America who need a comprehensive solution for tax reporting and portfolio management.
Features
- Automated capital gains calculations for cryptocurrency transactions
- Portfolio tracking and analysis with up-to-date data
- Support for over 25,000 cryptocurrencies
- Integration with multiple wallets and exchanges via API
- Real-time portfolio valuation and performance statistics
- Calculation methods include FIFO, LIFO, and PMP
- Ability to add coins received from airdrops and gifts
- Support for handling lost coins and donations