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Market News

Bitget Enhances Crypto Tax Reporting via Koinly Integration

Written By:
Jalpa Bhavsar

Last updated: September 2, 2023 10:41 AM
Published 2023-09-02
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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.

🚀 New API integration 🚀

Doing your @bitgetglobal taxes just got even easier!

Koinly pairs perfectly with #Bitget to calculate:
💰 Crypto capital gains and losses
🎨 NFT gains & losses
🛩️ Airdrops & Other Rewards
🏛️ 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, “Our 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. ”

“Being 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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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
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Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.

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