BingX teams up with Blockpit to make tax reporting for users easier
BingX teams up with Blockpit to make tax reporting for users easier
Crypto exchange BingX has announced a strategic partnership with Blockpit, a leading European crypto tax solution provider. This collaboration, effective from August 8, 2024, aims to streamline tax reporting for BingX users, significantly improving their trading experience.
Thanks to the partnership between BingX and Blockpit, exchange users can now manage their tax obligations more efficiently, benefiting from Blockpit's cutting-edge tax tools and legal security, all while enjoying a 15% discount on their first Blockpit license.
Vivien Lin, Chief Product Officer at BingX, highlighted the importance of this integration, stating, “We are thrilled to integrate Blockpit’s innovative tax solutions into the BingX platform. This partnership is a testament to our commitment to ongoing global compliance and providing users with state-of-the-art tools for financial decision-making.”
The partnership with Blockpit provides BingX users with access to sophisticated tax reporting capabilities, making it easier for them to manage their tax obligations and optimize their financial strategies.
Blockpit’s advanced portfolio management tools allow users to track and refine their investments with greater accuracy, offering real-time insights that support informed decision-making. Additionally, the tax optimization features, including strategies like tax loss harvesting, help users minimize their tax liabilities by providing detailed analyses of potential gains, losses, and asset holding periods.
By leveraging Blockpit’s expertise in crypto tax management, BingX aims to boost its brand presence, especially in the European market, and provide effective solutions for managing crypto taxes.
Founded in 2018, BingX has rapidly grown into a leading crypto exchange, serving over 10 million users worldwide. The platform offers a diverse range of products and services, including spot trading, derivatives, copy trading, and asset management. Recently, BingX introduced BingX Labs, an initiative aimed at nurturing prospective blockchain projects, fostering innovation, and supporting the next wave of crypto entrepreneurs.
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