CoinLedger announced its latest partnership with MetaMask

Leading cryptocurrency tax software platform has integrated with MetaMask Portfolio, enabling automatic tax reporting.
PRNewswireMarch 19, 20243 min

CoinLedger, a global leading crypto tax-reporting platform, has announced its latest partnership with MetaMask, the leading Web3 self-custody wallet provider. As a result of this partnership, users of MetaMask Portfolio now have the ability to sync their MetaMask transaction history with CoinLedger to enable automatic tax reporting.

“We are extremely excited to be bringing CoinLedger’s advanced tax reporting capabilities to the MetaMask customer base,” said¬†David Kemmerer, CEO and Co-Founder of CoinLedger. “By reducing the friction associated with calculating and reporting taxes, we’re making the¬†cryptocurrency¬†ecosystem more accessible to everyone.”

“Integrating top-rated providers to streamline tax reporting is an added benefit for MetaMask users, in a way that’s secure, convenient, and easy to use.” added Kai Huang, Sr Product Manager at Consensys.

The interoperable nature of¬†cryptocurrencies¬†and digital assets, with transfers into and out of different blockchain ecosystems, can create challenges for users, especially when it comes to tracking gains and losses‚ÄĒwhich is necessary for tax reporting. CoinLedger addresses this by integrating with hundreds of leading exchanges, wallets, and blockchains to allow any¬†cryptocurrency¬†user to track their digital-asset transaction history across the¬†crypto-economy.

MetaMask Portfolio allows users to track their¬†crypto¬†holdings within a single dashboard. By integrating with CoinLedger, users can now sync their transaction history with CoinLedger’s tax reporting software in a single click. This integration automates the cumbersome process of calculating capital gains, losses, and income associated with a user’s¬†cryptocurrency¬†activity from their MetaMask wallet.

Stay Ahead of the Financial Curve with Our Latest Fintech News Updates!

PRNewswire

newOriginal-white-FinTech1-1

We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications



FintecBuzz, 2024 © All Rights Reserved