CoinDCX Partners with KoinX to Make Crypto Tax Reporting Easier

CoinDCX Partners with KoinX to Make Crypto Tax Reporting Easier

KoinX, a trusted tax reporting platform, has announced its strategic collaboration with CoinDCX, a prominent Indian cryptocurrency exchange, to provide users with a seamless and efficient solution for crypto tax reporting. The partnership aims to simplify the complex process of tax compliance and enhance the overall user experience for crypto traders and investors.

 

As governments and tax authorities worldwide focus more on cryptocurrency taxation, having accurate and streamlined tax reporting solutions is crucial. Through this collaboration, KoinX and CoinDCX aim to address these challenges and simplify tax compliance for their users.

The partnership will allow CoinDCX users to use KoinX’s advanced tax reporting platform, which offers comprehensive tools for calculating and reporting cryptocurrency gains and losses. By integrating KoinX’s platform, CoinDCX aims to simplify the tax reporting process and save users time and effort.

Tax season can be overwhelming, but with the right tools, getting your crypto tax reports doesn’t have to be time-consuming. By following these simple steps, you can obtain your crypto tax reports in just 2 minutes and streamline your tax filing process.

Step 1: Login to Your Account

Visit the CoinDCX website at https://coindcx.com/ and log in to your account using your credentials.

Step 2: Navigate to Order History

Once logged in, go to the dashboard and find the ‘Orders’ section. Click on ‘Order History’ to proceed.

Step 3: Select Financial Year

In the ‘Order History’ section, you can filter transactions by financial year. Choose the desired financial year for which you need the transaction report.

Step 4: Download the Report

After selecting the financial year, click on the ‘Download CSV’ button. This will start the download of the transaction report in CSV format. Repeat the same process for ‘Margin History’ and ‘Insta History’ to download all relevant transaction data. Double-check the downloaded reports to ensure that all transactions are included.

By following these straightforward steps, users can easily retrieve their transaction data and generate a comprehensive report for accurate tax filing. KoinX provides a user-friendly interface that simplifies the crypto tax reporting process, making it easier for individuals to meet their tax obligations.

Compiled by Coinbold