Cryptact Now Supports Automatic Profit and Loss Calculation for NFT Transactions on Blur! Streamline Your 2024 Tax Filing with Ease

We are pleased to announce that we have supported Blur.

What is Blur?

Blur is the world’s second-largest NFT marketplace by trading volume, following OpenSea.*1
It offers professional traders advanced tools for analyzing collection prices and transactions, as well as aggregation features that allow trading NFTs listed on other marketplaces like OpenSea. Additionally, it provides a platform for bulk purchases. In March 2024, Blur’s trading volume exceeded $32M.*2

How Cryptact’s DeFi Feature Works

Using cryptact’s proprietary "DeFi Dictionary," our system analyzes the smart contracts involved in NFT transactions on Blur. This allows users to automatically calculate the profit and loss for each transaction.

By simply syncing their wallet address, Blur users can efficiently calculate their transaction profits and losses. This makes tax calculations for the 2024 tax season smooth and hassle-free.

*1, *2, Dapprader, November 2024.

For details and instructions on how to use cryptact's DeFi features, please refer to the help page.

cryptact will continue to keep pace with the evolving cryptocurrency market, enhancing user convenience through continuous feature improvements.