Сryptiony - Best Crypto Tax Automation Solution

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Сryptiony - Best Crypto Tax Automation Solution
The biggest problem with paying crypto taxes is that calculating your base value and, therefore, the amount you have to pay can be incredibly troublesome. After all, in-house traders and investors often make hundreds of trades and need help keeping track of all their trades. This can be very stressful for crypto trading.
In addition, frequent cryptocurrency users often receive cryptocurrencies from multiple sources. With proper care, this can lead to accurate reporting and result in fines. Thus, you must pay taxes on cryptocurrency. The need for accountants specializing in cryptocurrency taxes complicates the process for new users.
To find out if you owe taxes, you need your cost base. Then you need to check for capital loss. For a single transaction, this can be easily calculated. But when you add multiple transactions over time, it becomes confusing. This information can also be challenging to find on exchanges.
The good news is that you can now get help from Cryptiony, a revolutionary cryptocurrency tax tool. This tool automatically syncs between cryptocurrency exchanges and wallets, calculates your capital gains and losses, and provides you with comprehensive tax reports that you can use to file your taxes.
Cryptiony is a web application that automates cryptocurrency taxes for people and tax professionals. The tool was launched in 2021 and made filing cryptocurrency taxes fast and easy. Using automation and encryption techniques to simplify cryptocurrency tax compliance simplifies the process of calculating cryptocurrency taxes, allowing novices, professional traders, and accountants to do so quickly and affordably.

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