Trust Wallet, one of the largest self-custodial and multi-chain mobile wallets, today announced its integration with Coinpanda, Koinly, and CoinTracker, to provide its users with free insights reports to gain deeper insights into their crypto holdings, in addition to offering a simple, convenient, and affordable way to generate tax reports to better comply with crypto tax regulations.
The new integration means Trust Wallet users can now enjoy a seamless one-click service with no need to manually input information, helping users to more easily understand their crypto tax liability and handle the complexities of reporting during the upcoming tax season. Trust Wallet has launched its new feature per users’ needs, with understanding tax liability being one of the most pressing questions for users during tax season. The feature serves as an optional reference tool to help users to more easily comply with tax regulations in different regions
Trust Wallet, alongside its partner services, will provide users a discount on generating their tax report. All Trust Wallet users will receive a more affordable price for a full tax report using any partner service, with additional discounts offered to holders of 50 $TWT.
“Our free insights report offers a comprehensive overview of a user’s crypto holdings, which can be just as useful for those who don’t want to file taxes,” said Eric Chang, Trust Wallet’s Head of Product. “We’re committed to making the Trust Wallet experience as seamless as possible for our users. With this new feature, we’re taking another step towards empowering our users with insights, and simplifying the crypto tax reporting process.”
“We believe that everyone should be able to easily and accurately report their cryptocurrency taxes, regardless of their level of expertise. We are very excited to partner with Trust Wallet to offer their users a seamless integration with Coinpanda’s tax software. Together, we are making tax reporting accessible to everyone in the cryptocurrency community.” said Eivind Semb, CEO and Founder at Coinpanda.
“We’re thrilled to partner with Trust Wallet!,” said Vera Tzoneva, COO at CoinTracker. “At CoinTracker, our mission is to enable everyone to use crypto with peace of mind. A huge part of that is simplifying crypto taxes. This partnership lets users calculate their tax liability quickly and accurately and then file!”
“We are very excited about our partnership with Trust Wallet, the market-leading self-custodial wallet. Trust Wallet users can sign up directly through the Trust Wallet app, in just one click, making it one of our most seamless integrations. Users can easily calculate their taxes in time for the upcoming tax season.” said Jane McEvoy, Global Head of Partnerships at Koinly.
About Trust Wallet:
Trust Wallet is the simple-to-use, self-custody crypto wallet and web3 hub for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it simpler, safer, and convenient for millions of people around the world to experience Web3, access dApps securely, store and manage their crypto and NFTs, and buy, sell, and stake crypto to earn rewards, all in one place and without limits.