Paying taxes is never a pleasant experience, but it doesn't have to be an arduous task either. That's why HollaEx has been integrated into Koinly to provide a seamless tax reporting solution, something which your exchange, and users, can benefit from too.
Koinly is a service that simplifies the process of consolidating information from all your crypto wallets into a comprehensive report tailored for over 100 countries. Removing the need to delve through screeds of tables and work out when, and where, all your transactions were made, and how they measure up to each other. Instead, the entire process can be completed in a matter of minutes, and will create a report that can be used to submit on your country’s specific tax form.
The best part is, this service is completely free for you! You can even generate profits by getting a percentage of Koinly’s fee for users who have over 1000 transactions to process.
Planning to pay tax may not be the highlight of your users’ years, but at least you can provide them the tools to make it just a little bit simpler. Once you have contacted and are set up with Koinly, let your users know that they have even more options to make life that little bit easier.
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