Crypto Exchange Binance Launches a Tool for Calculating Crypto Taxes
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Binance has just introduced a free service for tax calculation and reporting called Binance Tax.
According to the company, the platform allows users to “one-click” to import their transactions on the exchange into a calculator in order to estimate possible fiscal payments.
Binance Tax is at an early stage of launch and does not yet support all types of transactions. Transactions with a number of products such as futures and NFTs are not available for processing yet.
Binance Tax allows users to load 100,000 transactions into the calculator at no additional cost. According to the developers, this amount is enough “even for fairly active traders.”
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