Voyager Digital Partners with CoinLedger to Streamline and Simplify Crypto Tax Reporting

[ad_1]

TSX: VOYGOTCQX: VYGVFBorse Frankfurt: UCD2

Leading crypto and tax platforms integrate to give users the ability to track cost base and report taxes

NEW YORK, Dec. 7, 2021 / PRNewswire / – Voyager Digital Ltd. (“Voyager” or the “Company”) (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2) one of the fastest growing listed cryptocurrency platforms in the United States, announced today hui its partnership with CoinLedger (a rebranding of CryptoTrader.Tax) to facilitate capital gains, losses and income tax reporting for users.

“We are excited to join forces with the CoinLedger team and to be at the forefront of the changing crypto landscape by providing a more streamlined cryptocurrency tax filing experience for all. Voyager customers. This is one of the many initiatives we are rolling out as we continue to stay focused on adding value to the Voyager user ecosystem, ”said Steve Ehrlich, CEO and co-founder of Voyager.

The interoperable nature of cryptocurrencies and digital assets, with transfers to and from platforms such as Voyager, can create tax problems for users, especially when it comes to tracking the cost base, what is needed for capital gains tax reporting. CoinLedger, a leading tax reporting platform for cryptocurrency, DeFi, and NFT users, solves this problem by integrating directly with major exchanges, wallets, and blockchains to enable any cryptocurrency user to follow the history of its transactions of digital assets in the crypto-economy.

Voyager customers will be able to use the CoinLedger platform as early as fiscal year 2021 to import their cryptocurrency transactions and obtain reports on capital gains, losses and income. These reports can be imported into tax reporting software such as TurboTax or sent to tax professionals to facilitate tax reporting.

“Voyager is forward-thinking when it comes to user experience,” said David Kemmerer, CEO and co-founder of CoinLedger. “At first, the Voyager team realized that relying solely on the General Information Statement of Form 1099 may not be enough to help clients report and report their crypto taxes. We are excited to bring CoinLedger’s tax reporting solutions to the Voyager ecosystem and further enhance the user experience of the platform by making it easier to track and report taxes for our customers. ”

About Voyager Digital Ltd.

Voyager Digital Ltd. (TSX: VOYG; OTCQX: VYGVF; FRA: UCD2) is a fast growing, publicly traded cryptocurrency platform in the United States founded in 2018 to bring choice, transparency and profitability to the market. Voyager offers a secure way to trade over 65 different crypto assets using its easy-to-use mobile app and earn rewards of up to 12% per year on over 30 cryptocurrencies. Voyager, through its subsidiary Coinify ApS, provides crypto payment solutions to consumers and merchants around the world. To learn more about the company, please visit https://www.investvoyager.com.

About CoinLedger

CoinLedger (a rebranding of CryptoTrader.Tax) enables transparent portfolio tracking and tax reporting for participants in the digital asset economy. Founded in 2017, CoinLedger was designed to reduce the friction associated with participating in the cryptocurrency ecosystem by making tax reporting as simple as possible. By integrating directly 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 bet on DeFi protocols, CoinLedger makes tracking your portfolio and reporting your taxes easier than ever. For more information, visit https://cryptotrader.tax/world-meet-coinledger.

The TSX has neither approved nor disapproved of the information contained in this document.

Press contact

Voyager Digital, Ltd. Michael Legg Director of Communications (212) 547-8807 [email protected]

Voyager Public Relations Team [email protected]

CoinLedger Amy Camp CoinLedger Communications 202-270-1783 [email protected]

SOURCE Voyager Digital (Canada) Ltée.

Related links

https://www.investvoyager.com/

Sources

1/ https://Google.com/

2/ https://www.prnewswire.com/news-releases/voyager-digital-partners-with-coinledger-to-streamline-and-simplify-crypto-tax-reporting-301438758.html

The mention sources can contact us to remove/changing this article

[ad_2]

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts