Connect Giottus with Binocs 

Use Binocs to make your Giottus tax reporting easy. It imports your data and helps you create the right tax forms to submit.

Giottus is a cryptocurrency exchange based in India that offers a platform for buying, selling, and trading a variety of digital assets. It was founded with the aim of providing a secure, user-friendly platform for Indian cryptocurrency enthusiasts to trade cryptocurrencies in a safe and efficient manner.

Since its launch in 2017, Giottus has seen a growing number of users on its platform. As of 2021, Giottus had a user base of several thousand and offered trading in over 20 different cryptocurrencies. The platform has received positive reviews for its user-friendly interface, fast transaction speeds, and low trading fees.

In addition to its strong focus on security and compliance, Giottus also provides a number of features aimed at helping its users make informed trading decisions. For example, it offers real-time market data, price alerts, and a variety of analytical tools.

How are transactions in Giottus taxed?

Your Giottus transactions are subject to two types of taxes:

1. TDS (Tax Deducted at Source) of 1% for transactions over Rs. 50,000 in a year
2. A 30% flat tax on all profits from selling, swapping, or mining cryptocurrency

Stay informed with our India Crypto Tax Guide.

Does Giottus provide tax documents?

No, Giottus does not issue tax documents. You can find TDS information in your order details or Trading Report. To calculate your crypto taxes, you can either use your Giottus transaction history and do the calculations yourself or utilize a crypto tax calculator.

How to get your Giottus tax report with Binocs?

Simplify your tax process with Giottus and Binocs. Connect Giottus to Binocs by uploading your transaction history via a CSV file. Binocs will quickly calculate your taxes, generate a comprehensive report, and have you ready to file with the ITD in no time. Enjoy a stress-free tax season with the ultimate crypto tax tool. 

How to connect Giottus to Binocs via CSV?

To Connect Giottus in Binocs, you require a CSV.

STEP 1: Log in to your Giottus account.

STEP 2: Click the "Dashboard" button in the top right corner of the screen.

STEP 3: Scroll to the bottom of the page where you'll find "Crypto deposits and withdrawals" and "Trade History".

STEP 4: Select "Trade History" and click the download button.

STEP 5: Choose the time range you want to download your transaction report and save the CSV file.

STEP 1: Visit https://app.binocs.co/login to log in or signup on to the Binocs app

STEP 2: Users can log in with their user credentials or choose the option Login with Google (Log in with google can also help you sign up)

STEP 3: Once you sign in, the interface will direct you to > Select Account page

STEP 4: Search from the list available and select > Giottus

STEP 5: Click on the Upload CSV button to add Giottus CSV

Is Giottus obligated to report to the ITD?

Yes, Giottus is obligated, like all Indian crypto exchanges, to report TDS to the ITD. The ITD may also request customer data to enforce tax compliance.