Bitget, a popular crypto exchange, has announced a collaboration with CoinTracking. It is a well-known software platform dealing with crypto-related tax. Bitget provided the details of the partnership in a recently published blog post on its official web portal. The platform stated that the purpose of the respective collaboration is just to offer a smooth tax experience to worldwide crypto users.
Bitget and CoinTracking Collaborate to Offer Swift Calculation of Crypto Tax
In addition to this, the crypto exchange also mentioned that this partnership will be carried out for the long term. The intention behind this collaboration is to provide more and more benefits to the consumers, Bitget added. Another facility that Bitget consumers can leverage is that they can enter CoinTracking with a discount of 10 percent at their sign-up. The platform added that its latest collaborator is a prominent instrument concerning crypto tax and offers services to customers around the globe.
Moreover, the company expressed its enthusiasm for the collaboration, saying that CoinTracking is categorized among a few comprehensive tax tools and portfolio trackers. Apart from that, the platform disclosed that CoinTracking has remained effective in attracting more than 1.3M clients in up to one hundred jurisdictions in the recent few years.
In this way, the company has spread its services to provide a matchless experience regarding crypto tax taking into account the import of trades and the generation of tax reports. The crypto exchange brought to the front that crypto investors can utilize CoinTracking to import trades from more than 100 options. These options take into account blockchain addresses, legacy imports, and from exchange entities to wallets.
Following importing these trades, crypto investors can completely track portfolios thereof with more than twenty-five cutting-edge reporting features. They include trade statistics, balances, as well as market analysis. Tax-privileged coins are classified among the most advantageous features specified for crypto investors.
The Partnership Offers Several Benefits to the Bitget Users
They indicate the holdings that may qualify for a decreased tax rate because of the holding period (more than twelve months). After that, the eventual step in the crypto journey of an investor is the generation of a report dealing with crypto tax. It includes the losses and gains in line with an authorized account method. Bitget asserted that the users will get many benefits along with a 10% discount on their tax plans.
