Would you like to find out more about Koinly and are they really one of the best solutions for monitoring all your cryptocurrency trading activities to generate regulatory compliant tax reports with? At Koinly, the team have created a solution that makes it really easy for users to do their crypto taxes. It is capable of connecting to wallets and accounts and then automatically calculating the capital gains for users. With their cryptocurrency and Bitcoin tax calculators, generating tax reports is now really easy that anyone without tax training will be able to do. Additionally, it support 3 language: English, German and Swedish, making it highly appealing to clients from around the world.
What Are The Main Features And Benefits Of Koinly?
- Synchronises with major exchange APIs
- Straightforward and easy-to-use platform compared to most other crypto tax platforms
- Works well with most major crypto exchanges and even CashApp
- Users have the option to download CSVs and import them directly into exchanges
- Retroactively finds prices for calculations of all trades to derive gains and losses
- Highly useful for traders who use bots that make many small trades
- Has never had issues with importing transaction CSVs
- Offers different accounting methods including FIFO, LIFO and HIFO
- Helps users in documenting and importing their statements into the software
- Generate dozens of outputs to suit to needs of individual users...