Bybit, the second-largest global cryptocurrency exchange trading by volume, has entered into a strategic partnership with Crypto Tax Calculator (CTC), a leading crypto tax reporting platform, in a move that further offers support to its worldwide user base by enabling regulatory compliance.
This will make CTC the fourth official tax-solution provider of Bybit users and follow the likes of Koinly, Cryptact, and KoinX.
With this cooperation, Bybit users will access the tax calculation powerhouse of CTC, with 3,500+ integrations, such as exchanges, crypto wallets, DeFi protocols, and NFT platforms, as well as tax requirements in more than 100 countries.
It is fully connected to the API by Bybit, and its users can create correct tax reports based on their trading activity, automated and offered in a streamlined manner.
Users also have the option of uploading the CSV files, and thus, one has free will on how to operate his or her tax process.
Based on the exclusive Bybit offering, CTC will offer a 30% discount on the first year of subscription to its new customers, which is a big incentive and makes tax reporting more affordable and accurate with the help of accountants.
The platform created by CTC is focused on the entire crypto experience, making it interesting not only to beginner traders but also to experienced participants of DeFi.
It doesn’t matter whether you do it with traditional spot trading, buy NFTs, receive staking rewards, or exchange assets on multi-chain DeFi platforms; the platform monitors everything and produces Certified Public Accountants (CPA) approved reports ready to send to the tax authorities across the globe.
As the level of crypto usage has been increasing significantly, tax compliance is one of the most challenging and cumbersome issues among the owners of digital assets. In the case of having many chains and platforms, manual reporting will create errors and overlooked obligations.
CTC is the newest tech that Bybit released, which provides stable, institutional-grade connectivity, leaving traders to focus on what matters: the market.
This partnership signals Bybit’s continued commitment to delivering trusted, user-first services that empower its global community to navigate the evolving regulatory landscape with confidence.
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