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- A popular tax reporting platform Koinly has announced that it will be adding support for XRP in May 2020.
- Wietse posted on twitter that the XRP ledger offers a decentralized Exchange, it will be helpful to add importing trades and transactions from XRP ledger accounts too.
- To this tweet, Koinly responded by saying that they are already working on integrating XRP and the announcement about this integration will be made next month.
A popular tax reporting platform Koinly has announced that it will be adding support for XRP in May 2020. This announcement was made by Koinly on Twitter during a discussion with the XRPL Labs Inc.’s developer Wietse Wind.
Wietse Offered to help Koinly
In the course of the conversation, Koinly revealed that their in-house developers are working on adding XRP token to the cryptos tracking software. Wietse comes up to help Koinly software in platform import trades and transactions from XRP Ledger accounts. He also assured to help the platform with his wealth of knowledge.
https://twitter.com/Koinly1/status/1245353416978599936
Wietse posted on twitter that the XRP ledger offers a decentralized Exchange, it will be helpful to add importing trades and transactions from XRP ledger accounts too. He will put his knowledge and full history node access for free to add the XRPL to the cryptos tracking software.
To this tweet, Koinly responded by saying that they are already working on integrating XRP and the announcement about this integration will be made next month.
Koinly offers expert guidance from tax consultants
Since 2018, Koinly was offering expert advice from tax consultants to the crypto ecosystem to help them in making a perfect crypto tax report in the process. Koinly offers cryptocurrency traders to connect with their exchanges, wallets, and blockchain addresses and allow them to import their crypto trading history for easy tax filings.
Within a minute Koinly makes the crypto reports available through the Bitcoin tax calculator, which is available in over 20 countries and over 300 exchanges worldwide. The platform also offers tax reduction for the subsequent year.
