Gate.io

Gate.io launches tool to track crypto transactions and tax obligations

The exchange of criptomonedas Gate.io introduced a new tool tax along with six different platforms tax reports to serve its more than seven million users worldwide. This was reported to Cointelegraph in Spanish, through a statement.
The exchange of criptomonedas Gate.io introduced a new tool tax along with six different platforms tax reports to serve its more than seven million users worldwide. This was reported to Cointelegraph in Spanish, through a statement.

As detailed, Gate.io has partnered with six tax platforms : Accointing, BearTax, CoinTracker, CryptoTax, Koinly and Lukka.

Furthermore, they claimed that these tools would allow users to accurately track their crypto operations and calculate their tax obligations.

“As the global cryptocurrency market continues to hit new highs, both in terms of value and adoption, tax compliance has become an important aspect of daily life for traders. This, especially since tax authorities around the world have changed their approach towards cryptocurrencies and those who actively participate in their trading, ”they indicated from Gate.io.

“Tax compliance is an extremely important factor that crypto investors around the world should be aware of. By partnering with some of the leading crypto tax tools, we at Gate.io want to once again reiterate our commitment to our users and their interests. Users should make sure to consider the tax implications related to trading cryptocurrencies to continue to comply with local tax authorities in the respective countries, ”said Marie Tatibouet, Director of Marketing at Gate.io.

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