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Crypto Asset Management

Crypto Portfolio Tracker | Cryptocurrency Planner | Treasury Management

keep track of your assets

Cryptocurrency Portfolio Management

Looking after and managing your crypto-funds is as equally important as looking after your bank account.

Strong oversight and management allows you to accurately see your portfolio value, forecast your tax liabilities and assess your investments. Plus, it’s always helpful to know the simple day to day questions – what is my current/ongoing balance and fiat value? Which is often where portfolio tracking is an important component with your crypto asset management process.

How can Harvex help? We can support you day to day covering with a range of useful services.

  • Crypto Asset Management
  • Crypto Treasury Management
  • Portfolio Tracking
  • Wallet Management
  • Crypto Pensions
  • Paying Employees with Crypto
  • Exchange Reports

Plus, as cryptocurrency continues to evolve and embed itself in mainstream life, more and more companies are offering services and opportunities in the crypto-sector. Harvex work with many individuals and companies who are utilising the openings forward thinking entities are providing.

  • Cryptocurrency Investments
  • Initial Coin Offering Investments
  • Bitcoin Mining
  • Loans with Crypto as Security

Cryptocurrency Asset Classes

Allocate and track your crypto investments within a range of asset classes.

Cryptoasset Classification

Ensure your assets are classified and valued correct, such as FIFO, LIFO, HIFO and more.

Cryptocurrency Management

Collate and manage your portfolios performance, ticking off profit & loss and tax in one go.

Token Management

Keep an oversight of your coins and tokens, their value and whether they are currently trading at a gain or loss.
cryptocurreny

Cryptocurrency Investments and Finance

The starting point for most is a safe and reliable pair of hands to undertake the management around your cryptocurrency, whether that is Bitcoin, Ethereum or any other coin. Harvex provide a huge range of solutions for your Cryptocurrency Treasury Management.

However, one thing stands out – our experience. We’ve been working with clients of all sizes for many years, we can provide bespoke, niche and secure services.

Crypto Wallet Management

Harvex can fully on-board your crypto management, reconcile incoming and outgoing payments from your wallets and prepare reports in your local fiat currency for comparison. We also can advise on your expected bitcoin tax liability on an ongoing basis and prepare financial statements to support ongoing business decisions.

If you hold crypto in a personal wallet, we are experienced in revaluations and liquidation of crypto to fiat to build into personal finances and tax returns.

Bitfinex Tax Report | Exchange Report Gains and Losses

With the likes of Coinbase and Bitfinex holding tax information on users and with the possible disclosure to a range of tax authorities, now more than ever, correct interpretation of exchange reports is essential for your crypto and bitcoin accounting.

For frequent traders, transactional reporting can run into tens of thousands of lines, from trade pairs, to positions claimed or closed, to settlements, all in a variety of cryptocurrencies and fiats.

For Harvex, this is not a complex process. We collate profit statements (used for tax and/or business management) on a daily basis for a wide range of clients. Whichever exchange(s) you work with, you can be sure we can have seen their reports.

Cryptocurrency Payroll | Withdrawing Crypto from your business

Have you spent some of your businesses cryptocurrency or pay others in crypto? If this is the case, you may have triggered tax charges. It’s unlikely you’ll be able to find a way around tax payments that are aligned to the way you withdraw money in fiat.

Harvex are experienced in navigating through the correct way to tax crypto payments and distributions ensuring you do not pay any more tax then you need too, if any at all.

Cryptocurrency Pensions

Although HMRC (UK), and many other tax bodies around the globe, do not recognise Crypto as a currency (yet), some regulated pension providers do invest in cryptocurrency as part of their fund.

Cryptocurrency Merchant Services | Accept Cryptocurrency Payments

If you accept bulk crypto payments, via a website, email list or other medium, Harvex will be able to support with both setup, operational and financial tasks relating to this.

Crypto Dividends

For those who’ve made some crypto-backed investments, you may be receiving dividends – let Harvex manage the ROI on your investments for you.

Passive Income | Masternodes

Some say masternodes are the future of cryptocurrency, in any case, passive crytpo income can be an exciting additional income stream.
cryptoasset taskforce report

Cryptocurrency Investments and Finance

Cryptocurrency Investments

So, you’re probably reading this as you have some crypto in your wallet. The value of this digital asset is constantly moving up and down against the fiat currency you choose to compare against. For some people that is investment enough.

However, for those who want to go a stage further, there is the world of ICO’s and Margin Funding.

Crypto to crypto investments are high risk, but these types of investments do allow you to speculate with your digital currencies, without moving it to fiat. Many of our clients hold a portfolio of investments in the altcoin and bitcoin currency sector. Harvex can ensure the accounting and tax of your investments is correct.

ICO Investments

If you hold ICO tokens, most commonly utility tokens, you may have been fortunate enough to see massive gains, with post-listing on trading exchanges transforming your initial investment into a healthy sum. On the other side, a lot of ICO’s didn’t live up to the hype and you may be carrying losses.

Aside from Harvex’ cryptocurrency treasury management, we can keep track of your ICO investments and give you regular updates on their values.

Bitcoin Mining Accounting

We know how to account and tax Bitcoin mining correctly. But our niche is going further, we can tell you the exact profit you made (or loss) on your mining activities. With energy prices reasonably stable, but Bitcoin highly volatile, Harvex can work with you to ascertain the true financial performance of your mining operation.

Crypto Loans in Fiat | Accounting For Cryptocurrency Loan

If you’re a hodler, this doesn’t mean you can’t put your assets to work in another way. Let’s say you, or your company, have a potential business interest that requires fiat, Harvex have connections with providers such as Blockfi who will issue crypto backed loans fiat using your assets as collateral / security.

However, Harvex’ main client service here is we ensure the financial treatment of your loan is correct and you obtain the tax savings which are available, either as upfront advice, or as part of the periodic accounts. It’s our job to ensure any financial liability you undertake against your crypto assets is recorded correctly.

Solutions & Guidance

Explore our Blog

If you’re looking for some quick solutions to current issues or to understand some of the more complex sides of your Cryptocurrency, ICO or iGaming businesses, then explore our Blog and follow some of our simple guidance.