In a move set to revolutionize the crypto tax space, Kryptos, a leading crypto tax software backed by Binance Labs and Gate.io Labs, collaborates with The Crypto App, a popular crypto toolset and an indispensable resource for crypto enthusiasts worldwide with over 4.9 million users.
The platform offers a comprehensive suite of tools that enable users to track coins, analyze market trends, and stay updated with the latest industry news. With this collaboration, Kryptos aims to provide The Crypto App users with a seamless experience in managing their crypto portfolios and efficiently handling their tax obligations.
Speaking on the partnership, Sukesh Tedla, CEO and Founder of Kryptos mentioned,
"This collaboration with The Crypto App is a testament to our commitment to providing the best solutions for our users. We understand the complexities of managing crypto assets and tax compliance challenges. With this partnership, we aim to simplify the process for crypto users worldwide."
Key Highlights of the Partnership
The collaboration seeks to leverage the distinct advantages of both platforms, offering users increased benefits through product integrations, exclusive offers, and other collaborative efforts in the upcoming months.
While the Crypto App provides top-notch trade insights and a user-friendly method to track crypto assets, Kryptos delivers top crypto tax services to help users know the tax liabilities for their crypto assets and experience stress-free compliance.
Users can anticipate the following enhancements with the integration of these two platforms:
Easy Syncing: Users can sync their crypto transactions in both apps, ensuring their portfolios remain up-to-date.
Active Portfolio Tracking: With enhanced tools and features, users can actively track and manage their crypto assets, preview their capital gains and losses to understand their tax liabilities better, and leverage tax-saving opportunities.
Stress-Free Crypto Tax Report: The partnership will facilitate users to seamlessly generate pre-filled crypto tax reports that comply with their country’s tax regulations. Currently, the platform provides complete support for 9+ countries including the U.S., the UK, Sweden, Denmark, Norway, Australia, New Zealand, Canada, and India, with more countries being added to the list.
Special Promotional Offer
To kick off the partnership, Kryptos is excited to offer a 15% discount to all TCA users. To redeem the offer, choose your desired plan and use the code “TCA15” during checkout.
If you are already a Kryptos user, you can get a free one-month trial of The Crypto App Pro.
Simply download The Crypto App, sign up for the Pro subscription, and use the code “ProFree2023” at checkout.
About Crypto App
The Crypto App is a market-leading, utility-focused mobile application (4.9 + million downloads and a 4.6-star rating or higher across Google Play and iOS App Store, backed by over 84,000 reviews) that features a comprehensive crypto-focused toolkit and content experience built for the needs of crypto enthusiasts, traders and investors everywhere.
Its best-in-class array of free and paid features, including a portfolio tracker, token analytics, real-time alerts and widgets, multi-language support, and an up-to-the-minute news feed, help users deepen their knowledge, monitor their investments, and make empowered financial decisions in the crypto ecosystem. The Crypto App is a member of the TrustSwap corporate family.
About Kryptos
Kryptos is a global crypto tax compliance software that simplifies Web3 finance for clients around the world. It is backed by Binance Labs and Gate.io Labs, two of the leading cryptocurrency exchanges in the world.
Kryptos offers a comprehensive suite of solutions that include accounting, portfolio management, and tax reporting. It supports over 2000+ DeFi protocols, 100+ exchanges and wallets, and 50+ blockchains. This makes it the one-stop shop for all Web3 finance needs.
Conclusion
The collaboration between Kryptos and The Crypto App is a significant step towards simplifying the crypto tax landscape.
It marks a significant step forward in the shared goal of ensuring that crypto users are equipped with comprehensive tools and the knowledge necessary to thrive in the ever-evolving world of digital finance.
If you would like to calculate your crypto taxes, Sign Up on Kryptos now and avoid last-minute tax surprises.
To get all the latest updates, follow Kryptos on Twitter.
All content on Kryptos serves general informational purposes only. It's not intended to replace any professional advice from licensed accountants, attorneys, or certified financial and tax professionals. The information is completed to the best of our knowledge and we at Kryptos do not claim either correctness or accuracy of the same. Before taking any tax position / stance, you should always consider seeking independent legal, financial, taxation or other advice from the professionals. Kryptos is not liable for any loss caused from the use of, or by placing reliance on, the information on this website. Kryptos disclaims any responsibility for the accuracy or adequacy of any positions taken by you in your tax returns. Thank you for being part of our community, and we're excited to continue guiding you on your crypto journey!
Country
Issue
Kryptos Use Case
India
Cryptocurrency transactions are taxed as capital gains, with evolving legislation creating uncertainty.
Kryptos.io streamlines the process by automatically tracking transactions and computing capital gains, adjusting to new regulations for precise reporting.
Brazil
Cryptocurrencies are subject to capital gains tax and must be reported, posing challenges with complex requirements.
Kryptos.io simplifies compliance by offering real-time transaction tracking and detailed tax calculations, making it easier to meet Brazil’s tax obligations.
Nigeria
Regulatory framework for cryptocurrencies is evolving, with uncertainty around taxation and restrictions from the Central Bank.
Kryptos.io provides an adaptable solution by maintaining detailed records and generating flexible reports, helping users stay compliant despite regulatory changes.
USA
Cryptocurrency transactions are subject to capital gains tax, with detailed IRS reporting requirements.
Kryptos.io enhances compliance by automating the tracking of transactions and generating comprehensive tax reports, facilitating adherence to IRS requirements.
UK
Cryptocurrencies are taxed under both capital gains tax and income tax, requiring careful tracking and reporting.
Kryptos.io aids UK users by monitoring both capital gains and income from crypto transactions, ensuring accurate and straightforward tax reporting.
Australia
Cryptocurrencies are subject to capital gains tax, and users must report their gains and losses to the ATO.
Kryptos.io assists Australian users by providing seamless transaction tracking and precise capital gains calculations, ensuring efficient compliance with ATO reporting requirements.
Germany
Cryptocurrencies are taxed as private assets with gains subject to tax if held for less than a year.
Kryptos.io supports German users by tracking holding periods and computing taxes on cryptocurrency transactions, ensuring adherence to German tax regulations.
Japan
Cryptocurrency gains are treated as miscellaneous income and are subject to high tax rates.
Kryptos.io helps Japanese users by offering a detailed tracking system and calculating taxes on miscellaneous income, efficiently managing high tax obligations.
Scenario
Description
Kryptos Features that can be of aid
Multiple Exchanges and Wallets
Consolidating records from various exchanges and wallets to maintain a comprehensive overview of crypto activities.
Seamless integration with numerous exchanges and wallets, automatic import, and consolidation of records.
International Transactions
Managing records for cross-border transactions, including currency conversions and compliance with international tax laws.
Support for multiple currencies, efficient management of cross-border activities, accurate currency conversion for reporting.
Complex Transactions
Handling trades, swaps, staking, lending, and other sophisticated crypto activities.
Advanced tracking, reporting, and documentation for various transaction types. Kryptos' DeFi and NFT modules offer specialized tools for managing decentralized finance and NFT activities, ensuring precise records and comprehensive oversight.
How we reviewed this article
Written by
Brihasi Dey
Social Media Manager, Content Writer, Strategist, and Marketer - An IT graduate well versed in SaaS, AI, & Web3, assisting Tech and Blockchain brands in scaling with Content.
As Web3 evolves, managing a diverse portfolio has become complex. Kryptos simplifies this with advanced tools for real-time tracking, NFT management, and DeFi analytics. Discover how Kryptos turns challenges into strategic advantages for modern investors.
Struggling with crypto tax in Australia? Kryptos.io simplifies the process, ensuring accurate and compliant filings with the ATO. Track transactions and value assets effortlessly—make tax season stress-free.
Mastering Crypto Taxation: Navigate the Complex World of Digital Assets with Kryptos, the Ultimate Solution for Accurate, Efficient, and Future-Proof Tax Reporting.
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Exciting Partnership Ahead: Kryptos Collaborates with The Crypto App
By
Brihasi Dey
On
In a move set to revolutionize the crypto tax space, Kryptos, a leading crypto tax software backed by Binance Labs and Gate.io Labs, collaborates with The Crypto App, a popular crypto toolset and an indispensable resource for crypto enthusiasts worldwide with over 4.9 million users.
The platform offers a comprehensive suite of tools that enable users to track coins, analyze market trends, and stay updated with the latest industry news. With this collaboration, Kryptos aims to provide The Crypto App users with a seamless experience in managing their crypto portfolios and efficiently handling their tax obligations.
Speaking on the partnership, Sukesh Tedla, CEO and Founder of Kryptos mentioned,
"This collaboration with The Crypto App is a testament to our commitment to providing the best solutions for our users. We understand the complexities of managing crypto assets and tax compliance challenges. With this partnership, we aim to simplify the process for crypto users worldwide."
Key Highlights of the Partnership
The collaboration seeks to leverage the distinct advantages of both platforms, offering users increased benefits through product integrations, exclusive offers, and other collaborative efforts in the upcoming months.
While the Crypto App provides top-notch trade insights and a user-friendly method to track crypto assets, Kryptos delivers top crypto tax services to help users know the tax liabilities for their crypto assets and experience stress-free compliance.
Users can anticipate the following enhancements with the integration of these two platforms:
Easy Syncing: Users can sync their crypto transactions in both apps, ensuring their portfolios remain up-to-date.
Active Portfolio Tracking: With enhanced tools and features, users can actively track and manage their crypto assets, preview their capital gains and losses to understand their tax liabilities better, and leverage tax-saving opportunities.
Stress-Free Crypto Tax Report: The partnership will facilitate users to seamlessly generate pre-filled crypto tax reports that comply with their country’s tax regulations. Currently, the platform provides complete support for 9+ countries including the U.S., the UK, Sweden, Denmark, Norway, Australia, New Zealand, Canada, and India, with more countries being added to the list.
Special Promotional Offer
To kick off the partnership, Kryptos is excited to offer a 15% discount to all TCA users. To redeem the offer, choose your desired plan and use the code “TCA15” during checkout.
If you are already a Kryptos user, you can get a free one-month trial of The Crypto App Pro.
Simply download The Crypto App, sign up for the Pro subscription, and use the code “ProFree2023” at checkout.
About Crypto App
The Crypto App is a market-leading, utility-focused mobile application (4.9 + million downloads and a 4.6-star rating or higher across Google Play and iOS App Store, backed by over 84,000 reviews) that features a comprehensive crypto-focused toolkit and content experience built for the needs of crypto enthusiasts, traders and investors everywhere.
Its best-in-class array of free and paid features, including a portfolio tracker, token analytics, real-time alerts and widgets, multi-language support, and an up-to-the-minute news feed, help users deepen their knowledge, monitor their investments, and make empowered financial decisions in the crypto ecosystem. The Crypto App is a member of the TrustSwap corporate family.
About Kryptos
Kryptos is a global crypto tax compliance software that simplifies Web3 finance for clients around the world. It is backed by Binance Labs and Gate.io Labs, two of the leading cryptocurrency exchanges in the world.
Kryptos offers a comprehensive suite of solutions that include accounting, portfolio management, and tax reporting. It supports over 2000+ DeFi protocols, 100+ exchanges and wallets, and 50+ blockchains. This makes it the one-stop shop for all Web3 finance needs.
Conclusion
The collaboration between Kryptos and The Crypto App is a significant step towards simplifying the crypto tax landscape.
It marks a significant step forward in the shared goal of ensuring that crypto users are equipped with comprehensive tools and the knowledge necessary to thrive in the ever-evolving world of digital finance.
If you would like to calculate your crypto taxes, Sign Up on Kryptos now and avoid last-minute tax surprises.
To get all the latest updates, follow Kryptos on Twitter.
All content on Kryptos serves general informational purposes only. It's not intended to replace any professional advice from licensed accountants, attorneys, or certified financial and tax professionals. The information is completed to the best of our knowledge and we at Kryptos do not claim either correctness or accuracy of the same. Before taking any tax position / stance, you should always consider seeking independent legal, financial, taxation or other advice from the professionals. Kryptos is not liable for any loss caused from the use of, or by placing reliance on, the information on this website. Kryptos disclaims any responsibility for the accuracy or adequacy of any positions taken by you in your tax returns. Thank you for being part of our community, and we're excited to continue guiding you on your crypto journey!
As Web3 evolves, managing a diverse portfolio has become complex. Kryptos simplifies this with advanced tools for real-time tracking, NFT management, and DeFi analytics. Discover how Kryptos turns challenges into strategic advantages for modern investors.
Struggling with crypto tax in Australia? Kryptos.io simplifies the process, ensuring accurate and compliant filings with the ATO. Track transactions and value assets effortlessly—make tax season stress-free.
Mastering Crypto Taxation: Navigate the Complex World of Digital Assets with Kryptos, the Ultimate Solution for Accurate, Efficient, and Future-Proof Tax Reporting.