Kryptos Partners with Bitgert to Transform Crypto Taxation and Portfolio Management

by
Sukesh Tedla
Reviewed by
min read
Last updated:

In a groundbreaking move, Kryptos, a leading platform for cryptocurrency tax calculations and portfolio management, has announced its partnership with Bitgert, a prominent L1 blockchain with the fastest-growing ecosystem in the crypto space. 

With over 25M+ transactions processed and 600K+ community members active on the Bitgert Chain (BRISE), this collaboration promises to serve a broad audience. It offers seamless integration of wallet transactions, enabling Bitgert users to manage their crypto taxes with unparalleled ease.

Benefits of the Partnership

The partnership between Kryptos and Bitgert is set to revolutionize the way Bitgert users handle their cryptocurrency taxes today. 

Here are some of the key advantages that users will receive:

  1. Seamless Integration: Users can now easily connect their Bitgert wallet to Kryptos with a few simple steps. This integration eliminates the need for manual data entry, ensuring all their transactions flow smoothly between the two platforms. It will not only save users’ time but also minimize the chances of errors in transaction records.
  1. Efficient Portfolio Tracking: With Kryptos's robust platform, Bitgert users can now precisely track their portfolios. Whether it's tracking capital gains and losses, or previewing overall portfolio performance, users can access up-to-date insights that will empower them to make informed investment decisions. 
  1. Stress-Free Tax Calculation: Say goodbye to the complexities of crypto taxation. This partnership ensures quick crypto tax calculations, making the tax season a breeze for Bitgert users. They can now automate their tax calculation process and generate crypto tax reports, ensuring compliance with tax regulations. 

Integration Details

The Bitgert integration on Kryptos is designed to be user-friendly. Users can directly connect their Bitgert BRISE wallet to the Kryptos platform, allowing easy tracking of their crypto assets and tax calculations. 

If you wish to calculate all of your Bitgert capital gains taxes, make sure to add all the wallets consisting of your Bitgert Trading history. This is Bitgert Blockchain integration, not the exchange.

For more details, refer to the Step-by-Step Bitgert Integration Guide.

About Bitgert

Bitgert is the fastest-growing blockchain ecosystem offering unbeatable speed and the lowest fees, with top-level security and scalability. The Bitgert Chain (BRISE) currently has more than 600K members and 25M processed transactions, with over 1,00,000 transactions happening per second and with gas fees as low as $0.00000001 per transaction

From the super-fast Bitgert Chain (BRISE) to the Bitgert Centralized crypto exchange that offers zero-fee trading experiences, Bitgert has a full suite of products that make it easy for everyone to engage with cryptocurrencies.

About Kryptos

Kryptos is a global crypto tax compliance software, backed by Binance Labs and Gate.io Labs, that simplifies Web3 finance for clients worldwide.

Kryptos offers a comprehensive suite of solutions that include accounting, portfolio management, and crypto 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

Kryptos is excited to join forces with Bitgert to provide unparalleled solutions in the Web3 finance domain. 

This strategic partnership not only simplifies the intricacies of crypto taxation for millions of Bitgert users but also reinforces Kryptos’s commitment to creating a more seamless experience for its users. 

To know all the latest updates, follow Kryptos on Twitter

CountryIssueKryptos Use Case
IndiaCryptocurrency 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.
BrazilCryptocurrencies 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.
NigeriaRegulatory 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.
USACryptocurrency 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.
UKCryptocurrencies 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.
AustraliaCryptocurrencies 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.
GermanyCryptocurrencies 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.
JapanCryptocurrency 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.
ScenarioDescriptionKryptos Features that can be of aid
Multiple Exchanges and WalletsConsolidating 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 TransactionsManaging 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 TransactionsHandling 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
Sukesh Tedla

Founder & CEO - Kryptos , Chairman and Board Member at Swedish Blockchain Association, Top Blockchain Industry Thought Leader.

Reviewed by

Arrow

Kryptos Partners with Bitgert to Transform Crypto Taxation and Portfolio Management

By
Sukesh Tedla
On

In a groundbreaking move, Kryptos, a leading platform for cryptocurrency tax calculations and portfolio management, has announced its partnership with Bitgert, a prominent L1 blockchain with the fastest-growing ecosystem in the crypto space. 

With over 25M+ transactions processed and 600K+ community members active on the Bitgert Chain (BRISE), this collaboration promises to serve a broad audience. It offers seamless integration of wallet transactions, enabling Bitgert users to manage their crypto taxes with unparalleled ease.

Benefits of the Partnership

The partnership between Kryptos and Bitgert is set to revolutionize the way Bitgert users handle their cryptocurrency taxes today. 

Here are some of the key advantages that users will receive:

  1. Seamless Integration: Users can now easily connect their Bitgert wallet to Kryptos with a few simple steps. This integration eliminates the need for manual data entry, ensuring all their transactions flow smoothly between the two platforms. It will not only save users’ time but also minimize the chances of errors in transaction records.
  1. Efficient Portfolio Tracking: With Kryptos's robust platform, Bitgert users can now precisely track their portfolios. Whether it's tracking capital gains and losses, or previewing overall portfolio performance, users can access up-to-date insights that will empower them to make informed investment decisions. 
  1. Stress-Free Tax Calculation: Say goodbye to the complexities of crypto taxation. This partnership ensures quick crypto tax calculations, making the tax season a breeze for Bitgert users. They can now automate their tax calculation process and generate crypto tax reports, ensuring compliance with tax regulations. 

Integration Details

The Bitgert integration on Kryptos is designed to be user-friendly. Users can directly connect their Bitgert BRISE wallet to the Kryptos platform, allowing easy tracking of their crypto assets and tax calculations. 

If you wish to calculate all of your Bitgert capital gains taxes, make sure to add all the wallets consisting of your Bitgert Trading history. This is Bitgert Blockchain integration, not the exchange.

For more details, refer to the Step-by-Step Bitgert Integration Guide.

About Bitgert

Bitgert is the fastest-growing blockchain ecosystem offering unbeatable speed and the lowest fees, with top-level security and scalability. The Bitgert Chain (BRISE) currently has more than 600K members and 25M processed transactions, with over 1,00,000 transactions happening per second and with gas fees as low as $0.00000001 per transaction

From the super-fast Bitgert Chain (BRISE) to the Bitgert Centralized crypto exchange that offers zero-fee trading experiences, Bitgert has a full suite of products that make it easy for everyone to engage with cryptocurrencies.

About Kryptos

Kryptos is a global crypto tax compliance software, backed by Binance Labs and Gate.io Labs, that simplifies Web3 finance for clients worldwide.

Kryptos offers a comprehensive suite of solutions that include accounting, portfolio management, and crypto 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

Kryptos is excited to join forces with Bitgert to provide unparalleled solutions in the Web3 finance domain. 

This strategic partnership not only simplifies the intricacies of crypto taxation for millions of Bitgert users but also reinforces Kryptos’s commitment to creating a more seamless experience for its users. 

To know all the latest updates, follow Kryptos on Twitter

You might also like:
Blog Image

Mastering Portfolio Management in the Web3 Era: Tips and Tools Kryptos

Kryptos Weekly

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.

Blog Image

Are You Ready for Tax Season? How Kryptos.io Can Simplify Your Australian Crypto Tax

Taxes

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.

Blog Image

Crypto Tax Software: Top Tool to Simplify Your Tax Filing

General

Mastering Crypto Taxation: Navigate the Complex World of Digital Assets with Kryptos, the Ultimate Solution for Accurate, Efficient, and Future-Proof Tax Reporting.