💴 Automated Crypto Taxes
Today's Highlights
- KoinX - crypto taxes made simple
- Learn - a couple of courses to further your knowledge in crypto.
- In Other News - a few interesting developments we're tracking.
KoinX - crypto taxes made simple
Founded by Punit Agarwal, KoinX helps retail crypto investors automate their taxes by integrating their portfolios and transactions with a single platform and providing a consolidated dashboard. It has partnered with crypto exchanges such as CoinDCX, Binance, Vauld and WazirX.
The core value of KoinX lies in the simplicity and ease of use for the consumers. They wanted to build something that has ease of access and integration so that crypto investors can solve their tax-related issues in a jiffy. Built on secure protocols, we ensure that users’ identities and other information are protected through advanced encryption techniques.
They are a proud Made in India product by very talented engineers and industry experts who have carefully understood user pain points and taken meticulous care to alleviate those pain points in a typical user journey. KoinX’s integration with Indian crypto exchanges is the key to making it easy for users to calculate their crypto taxes. The user must first download transaction data from all the crypto exchanges, platforms, and wallets they use. Then, they should upload the files on KoinX. Following this, KoinX calculates the user’s capital gains and generates a ready-to-download tax report. The report can be used by the user to declare their crypto income.
KoinX is not a product for collecting user data or tracking wallet activity, but simply a platform for users who wish to remain compliant with India’s crypto tax laws. KoinX has raised a total of $12M in funding.
📚 Learn
Enrique Barra and Asja Kamenica
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Oliver Belin and Jack Farmer
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