🤖Automated Transaction Tracking

CTAX - Simplifying Crypto Tax Reporting for Ethereum DEX Users

Automated Transaction Tracking

CryptaxAI simplifies the often-complicated task of tracking every transaction in real time. By accessing Ethereum wallet data directly from the blockchain, CryptaxAI captures every detail of a user's DEX activity, including:

• Swaps: Detailed tracking of every token-to-token swap, capturing both entry and exit prices, time stamps, and taxable gains or losses.

• Liquidity Pool (LP) Transactions: Monitors the addition and removal of assets from liquidity pools, accurately calculating impermanent loss and any associated capital gains.

• Staking and Yield Rewards: Identifies income generated from staking or yield farming activities, categorizing these as taxable income and distinguishing between different types of rewards.

• NFT and Token Transfers: Recognizes non-standard transfers, making CryptaxAI one of the few solutions to capture NFT and token transactions on Ethereum that may also be taxable.

How It Works: With just a wallet address, the CryptaxAI Bot initiates a complete scan of the user’s transaction history, enabling a hands-free approach to tax tracking. Users simply paste their Ethereum wallet address and instantly access a full transaction ledger without manual input, ensuring precision and eliminating human error.