BingX, the world’s leading cryptocurrency exchange, announced a strategic partnership with Blockpit, a leading European cryptocurrency tax solutions provider. Starting August 8, 2024, BingX users can easily handle their taxes through Blockpit, saving time and money. Blockpit provides legal protection to ensure compliance with ever-changing regulations, greatly enhancing BingX users’ trading experience and investment confidence. BingX users can also enjoy 15% off when filing your first tax return on Blockpit.

Vivien Lin, chief product officer of BingX, said:

We are very excited to integrate Blockpit’s innovative tax solutions into the BingX platform. This partnership demonstrates the platform’s commitment to continued global compliance and providing users with advanced financial decision-making tools. By increasing our presence in the European market, we provide our users with comprehensive tax preparation services and advanced portfolio management tools. We believe that this cooperation will provide a smooth, efficient and compliant trading experience for users in the global community.

BingX users can easily manage their taxes and optimize financial planning using Blockpit's state-of-the-art tax reporting features. Users can also use Blockpit’s advanced portfolio management tools to more accurately track and optimize cryptocurrency investments, ensuring informed decisions can be made in real time. In addition, Blockpit’s tax optimization feature reduces taxes through strategies such as tax loss harvesting, showing potential gains or losses and how long assets have been held.

BingX understands the importance of compliance, including tax compliance, which is an important part of its commitment to providing users with reliable financial tools. Leveraging Blockpit’s expertise in crypto tax management, BingX increases its brand awareness and provides effective crypto tax management solutions to users around the world, especially in Europe. This collaboration not only enhances user confidence, but also demonstrates BingX's commitment to smart financial management and compliance with local regulations.

About BingX

Founded in 2018, BingX is the world's leading cryptocurrency exchange, providing diversified products and services such as spot, derivatives, documentary and asset management to more than 10 million users around the world. It also regularly provides mainstream currencies in response to the market. Such as Bitcoin market conditions and Ethereum market analysis tools, meeting the needs of different levels from novices to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to enhance their trading capabilities. In 2024, BingX proudly becomes an official partner of Chelsea Football Club, marking its exciting debut in the world of sports.

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