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Market News

Bitget Enhances Crypto Tax Reporting via Koinly Integration

Written By Jalpa Bhavsar
Published September 2, 2023 10:41 AM
Make The Crypto Times preferred on GoogleGoogle
Bitget Enhances Crypto Tax Reporting via Koinly Integration

One of the top derivatives cryptocurrency exchange, Bitget has announced a significant upgrade to its API connecting to Koinly’s tax reporting platform in direct response to priceless input from its vibrant community of crypto tax users.

πŸš€ New API integration πŸš€

Doing your @bitgetglobal taxes just got even easier!

Koinly pairs perfectly with #Bitget to calculate:
πŸ’° Crypto capital gains and losses
🎨 NFT gains & losses
πŸ›©οΈ Airdrops & Other Rewards
πŸ›οΈ IRS Form 8949 & Sched D
🌏 Supports 100+ countries! pic.twitter.com/ghkvyrvHLw

— Koinly (@KoinlyOfficial) September 1, 2023

The world of cryptocurrency investments has been evolving steadily, so the importance of the tax implications has increased. To efficiently navigate this, Bitget has always partnered with various cryptocurrency tax tool providers. 

For more than 18 months, Bitget’s strategic partnership with Koinly has seamlessly incorporated cryptocurrency tax reporting services into its platform, giving users the ability to produce meticulous cryptocurrency tax reports that precisely compute gains and losses. 

Gracy Chen, Managing Director at Bitget, said, β€œOur commitment to enhancing user experience is unwavering. The input we receive from our users plays a pivotal role in shaping our products and services. The recent API upgrade is a direct result of their input. ”

β€œBeing a Crypto Tax Software partner of Bitget is a privilege. The enhanced API paves the way for us to elevate the level of service we provide to our users. We eagerly anticipate the collaborative opportunities ahead,” said excited Koinly General Manager Adam Saville-Brown.

Also Read: Bitget Makes Mandatory ID- KYC Verification for Users

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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