SOFTWARE SUPPLIER FOR CRYPTOCURRENCY TAX, COINLEDGER, CUSTOMER INTEGRATION WITH POLYGON BLOCKCHAIN
“We are excited to expand our tax reporting and accounting capabilities to the Polygon ecosystem,” he said. David Kemmerer, co-founder and CEO of CoinLedger. “The transaction volume and the large number of applications built on top of Polygon are astounding. We could not have been more excited to help unlock even more innovation in the ecosystem by reducing the friction associated with transactions on Polygon – through seamless tax reporting for all. “
The interoperable nature of cryptocurrencies and digital assets, with transfers across different blockchains such as Polygon, can create tax reporting nightmares for individuals. CoinLedger solves this problem by integrating directly with leading exchanges, wallets and blockchains to allow any cryptocurrency user to track the transaction history of digital assets across the entire crypto economy.
By simply copying / pasting their public Polygon wallet address into CoinLedger, users can now automatically import and account for all their historical transactions with the click of a button. From here, they can generate complete capital gains, losses and income tax reports from the transaction history.
About polygon
Polygon is a layer-2 network that tries to help Ethereum scale. Through a range of solutions, Polygon enables developers to build scalable, easy-to-use decentralized applications with low transaction fees without sacrificing security. Today, over 19,000 dApps have used Polygon to help scale performance. To learn more about the company, please visit https://polygon.technology/.
About CoinLedger
CoinLedger enables seamless tax reporting for participants in the digital asset economy. CoinLedger was founded in 2018 and was built to reduce friction by participating in the cryptocurrency ecosystem by making tax reporting as easy as possible. With direct integration with major exchanges, wallets, blockchains and NFT platforms, CoinLedger provides a unified dashboard for users to track and monitor their cryptocurrency activity. Whether you trade cryptocurrencies, buy and sell NFTs or invest in DeFi protocols, CoinLedger makes it easier than ever to track your portfolio and report taxes. For more information, visit https://coinledger.io/.
SOURCE CoinLedger
