Crypto Exchange Unicoin Announces Partnership With Crypto Tax Partner Binocs

According to a press release issued by Unocoin, “This collaboration will allow Unocoin users and all Indian cryptocurrency enthusiasts to easily calculate their crypto taxes by embedding Binocs in their accounts.”

It also helps you get accurate, efficient and compliant results in your cryptocurrency transactions.

According to the Ministry of Finance, all cryptocurrencies, including NFTs, are considered virtual digital assets and are subject to income tax. Now that the government has announced a cryptocurrency tax, we need software that can speed up the cryptocurrency taxation process.

According to a press release, “This partnership will simplify accounting for cryptocurrency holders in multiple states and expand the ecosystem’s portfolio of services.”

The collaboration of the two platforms makes it easy for digital asset owners to obtain tax reports with the click of a button. According to the press release, these reports can be installed, shared with tax professionals, or imported directly into popular tax reporting software.

Unocoin CEO and Co-Founder Sathvik Vishwanath said: Our partnership should be of great help to them in calculating accurate taxes effectively. ”

“By partnering with India’s first cryptocurrency exchange, Unocoin, we will make cryptocurrency tax and portfolio tracking accessible to everyone. This collaboration will improve procedures for Unocoin’s customers.” I am convinced.”

Unocoin recently made its latest development leading a new approach to the range of cryptocurrencies in Tier 2 and Tier 3 regions, making it available in 4 new additional languages ​​including Kannada, Tamil, Telugu and Malayalam. became.