Provides a cryptocurrency tax calculation platform that integrates with over 300 exchanges and wallets to automatically import transactions, categorize them, and calculate gains or losses using real-time market data. Generates compliant, audit-ready tax reports for individuals, professionals, and enterprises in 100+ countries, streamlining the complex process of crypto tax reporting and ensuring accuracy across 25,000+ supported assets.
Funding
Funding not disclosed
CVFounders
Product
Problem
Calculating and reporting cryptocurrency taxes can be complex and time-consuming due to the need to track transactions across multiple exchanges and wallets, understand varying global regulations, and accurately categorize different types of crypto activities. Many individuals and businesses lack the expertise to navigate these complexities, leading to potential errors, missed deductions, and compliance issues.
Solution
KoinX provides a comprehensive platform designed to simplify cryptocurrency tax calculation and reporting for individuals, tax professionals, and enterprises. The platform integrates with over 300 cryptocurrency exchanges and wallets, automatically importing transaction data and categorizing them using real-time market data. KoinX generates compliant, audit-ready tax reports for over 100 countries, supporting over 25,000 crypto assets, including NFTs. The platform offers features such as transparent calculation details, TDS information charts, portfolio insights, and tools for ensuring transaction accuracy. KoinX streamlines the crypto tax reporting process, reduces manual effort, and helps users stay compliant with evolving regulations.
Target Audience
KoinX serves individual crypto investors, tax professionals managing client portfolios, and enterprises requiring comprehensive crypto accounting solutions.
Features
- Integration with 300+ exchanges and wallets via API or CSV upload for automatic transaction importing
- Support for 25,000+ crypto assets, including NFTs
- Real-time market data for accurate gain/loss calculations
- Automatic categorization of transactions, including staking rewards, airdrops, and payroll expenses
- Generation of TDS, Advance Tax, and ITR compliant crypto tax reports
- Portfolio tracking and insights with visual analytics
- Tools for reviewing, categorizing, and discovering missing transactions
- Client management features for tax professionals to onboard clients and manage integrations
- ISO/IEC 27001 accreditation for information security management