Crypto Tax: Binance Launches “Binance Tax”; A Tax Tool For Crypto Investors

Crypto Tax: Binance Launches “Binance Tax”; A Tax Tool For Crypto Investors

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Crypto Tax: Binance Launches “Binance Tax”; A Tax Tool For Crypto Investors

CoinGapea month ago
CryptocurrencyCryptocurrency
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Published on February 08, 2023 02:34 GMT+00:00edited on February 08, 2023 06:54 GMT+00:00

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Crypto trading can be complicated, especially when you have to calculate the crypto tax and make adjustments accordingly. Cryptocurrency exchange Binance hopes to change this by launching Binance Tax, a tool to help users calculate the tax obligations on their crypto transactions.

Binance Tax: Your Best Friend this Tax Season

This amazing tool helps crypto investors to calculate tax obligations for up to 100,000 transactions and is available initially to users in Canada and France.

In its recent blog post Binance announced, “If you’re struggling to stay on top of your crypto taxes, or just looking to speed up the process, make sure to check out our recently-launched crypto tax calculator, Binance Tax.” and further added “In one click, you can now import your Binance transactions …