Trust Wallet, a well-known self-custodial and multi-chain mobile wallet, has partnered with Coinpanda, Koinly, and CoinTracker to provide a one-click service to users who want to gain a deeper understanding of their cryptocurrency holdings. As part of this partnership, the companies will work together to offer a simple, convenient, and affordable method for users to comply with crypto tax regulations by providing a way to generate tax reports. This partnership aims to help users understand their crypto tax liability and handle complexities related to reporting in the upcoming tax session.
During tax sessions, tax liability is a crucial concern for cryptocurrency users. The new feature was launched to serve the needs of users and function as a reference tool to help them comply with tax regulations in various regions.
Trust Wallet is dedicated to making it easier for people all around the world to access Web3, securely access dApps, store and manage their cryptocurrency and NFTs, and buy, sell, and stake cryptocurrency to earn rewards, all in one place and without limits.