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- 🍁 Golden Autumn, Big Prizes Await!
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Trust Wallet Brings in Coinpanda, Cointracker, and Koinly for Tax Help
Trust Wallet just teamed up with Coinpanda, Koinly, and Cointracker. Big move. They're adding crypto tax reporting to their non-custodial wallet. It seems they're trying to make tax season less of a nightmare for crypto holders.
The wallet now connects with these platforms. Simple solution. Users across different platforms can now deal with tax rules wherever they are. No more headaches. Trust Wallet users get free insights reports too. No manual input needed.
Eric Chang from Trust Wallet talked about it. "Our free insights report shows everything you own," he said. "Great even if you're not filing taxes." He's pretty confident about it. "We want things smooth. This empowers users and makes crypto taxes easier."
The new tool calculates tax stuff with one click. Just like that. Gone are the complicated tax puzzles that crypto people face. It's just a reference tool though. Not entirely clear if it covers all the regulatory nuances across regions.
Coinpanda's founder Eivind Semb thinks this makes tax reporting available to everyone. "Everyone should report taxes easily," he mentioned. "Doesn't matter if you're an expert or not." He sounds kind of excited about working with Trust Wallet.
Users get discounts too. Nice perk. They can even get a 50 TWT discount when making complete tax reports through partner services. TWT is Trust Wallet's own token.
Vera Tzoneva from CoinTracker (who's been around since 2021) shared her thoughts: "We're thrilled about this. Our mission is peace of mind. Simplifying crypto taxes is huge. Calculate quickly, then file."
Jane McEvoy at Koinly sees this as progress in crypto regulations. Helps people pay taxes on time. That's the goal, anyway.