Well-liked cryptocurrency tax software program now helps computerized tax reporting for customers of the Solana blockchain.
AUSTIN, Texas, Nov. 29, 2022 /PRNewswire/ — CoinLedger, a number one tax reporting platform for cryptocurrency, DeFi, and NFT customers, right now introduced its official integration with the Solana blockchain (SOL). Customers who work together with Solana through decentralized functions and wallets can now import their transaction historical past on to CoinLedger to automate all of their capital beneficial properties, losses, and revenue tax reporting.
“We’re excited to develop our tax reporting infrastructure to the Solana ecosystem,” mentioned David Kemmerer, Co-Founder and CEO of CoinLedger. “The transaction quantity and developer exercise on Solana speaks for itself. We could not be extra enthusiastic about serving to to unlock much more innovation inside the ecosystem by decreasing the friction related to transacting on Solana—by means of seamless tax reporting for all.”
The interoperable nature of cryptocurrencies and digital belongings, with transfers throughout completely different blockchains like Solana, can create tax reporting nightmares for people. CoinLedger solves this drawback by integrating immediately with main exchanges, wallets, and blockchains to permit any cryptocurrency person to trace their digital-asset transaction historical past throughout your entire crypto-economy.
By merely copy/pasting their public Solana pockets handle to CoinLedger, customers can now robotically import and account for all of their historic transactions with the clicking of a button. From right here, they will generate full capital beneficial properties, losses, and revenue tax reviews from their transaction historical past.
About Solana
Solana is a decentralized blockchain constructed to allow scalable, user-friendly apps for the world. To study extra about Solana, please go to https://solana.com/.
About CoinLedger
CoinLedger permits seamless tax reporting for contributors of the digital asset financial system. Based in 2018, CoinLedger was constructed to cut back the friction of taking part within the cryptocurrency ecosystem by making tax reporting so simple as potential. By immediately integrating with main exchanges, wallets, blockchains, and NFT platforms, CoinLedger offers a unified dashboard for customers to trace and monitor their cryptocurrency exercise. Whether or not you are buying and selling cryptocurrencies, shopping for and promoting NFTs, or staking on DeFi protocols, CoinLedger makes monitoring your portfolio and reporting your taxes simpler than ever. For extra data, go to https://coinledger.io/.
SOURCE CoinLedger
