As 2024 comes to a close, the crypto market is booming, with Bitcoin reaching an all-time high of $100,000 per BTC. However, this remarkable growth brings heightened responsibilities for crypto investors, particularly as the tax season approaches. Whether you’re preparing for the UK tax deadline on January 31st, navigating the new IRS regulations in the US starting January 1st, or exploring tax loss harvesting strategies before year-end, Kryptos provides the tools to help you effectively manage your crypto finances.
Kryptos offers an interconnected ecosystem that simplifies financial management for individuals, enterprises and developers alike. With 5000+ integrations and support for over 30 jurisdictions, Kryptos ensures seamless data flow between portfolio tracking, tax, compliance and finance tools. Backed by Binance Labs, Kryptos combines innovation and reliability to offer solutions tailored for all users.
If you hold crypto, you need Kryptos!
Kryptos: The All-in-One Crypto Finance Solution
Managing cryptocurrency portfolios and taxes doesn’t have to be overwhelming. Kryptos offers a robust suite of tools that cater to individuals, enterprises, and developers, ensuring compliance, real-time tracking, and ease of use.
1. How does Crypto Tax Software help simplify Compliance for Investors?
The Kryptos – Crypto Tax Calculator simplifies tax calculations for digital assets, automating complex cost-basis and capital gains computations. Whether you’re in the UK, the USA, or another jurisdiction, Kryptos ensures you’re prepared for tax deadlines with their extensive guides.
Pro Tip: Use Kryptos to explore tax loss harvesting opportunities before the year ends. Learn more from their Advanced Guide to Crypto Tax Loss Harvesting.
IRS Changes in the USA: Starting January 1, 2025, the IRS will enforce stricter reporting requirements for cryptocurrency transactions as outlined in Revenue Procedure 24-28 and Form 1099-DA. Kryptos simplifies compliance with automated reporting tools.
2. Crypto Portfolio Tracker – Real-Time Insights, All in One Place
Stop juggling multiple platforms. With the Kryptos Portfolio Tracker, monitor all your assets from one dashboard, with real-time updates and detailed performance analytics. As BTC hits record highs, Kryptos keeps you informed, ensuring smarter investment decisions.
3. Seamless Integration for Individual Users
Kryptos offers simple onboarding and integration, making it ideal for everyday investors. From tracking assets to generating accurate tax reports, it’s all designed to save time and effort, while seamlessly connecting data between tools.
Kryptos Enterprise – Treasury and Compliance for Organizations
Kryptos Enterprise delivers enterprise-grade solutions for managing digital asset treasury, financial reporting, and regulatory compliance. It provides multi-user access controls, detailed audit trails, and real-time financial insights for organisations handling large transaction volumes.
Kryptos Connect: Revolutionising Crypto Finance
Set to launch soon, Kryptos Connect is a new platform designed for developers and enterprises. Think of it as the “Plaid” or “Open Banking” of crypto—offering APIs and widgets for seamless onboarding, data aggregation, and sharing. This revolutionary tool will empower developers to create innovative FinTech solutions, positioning Kryptos as a pioneer in this space.
Kryptos Hub – Central Platform for FinTech Innovation in Web3
Kryptos Hub is a central platform for listing and discovering products built on Kryptos Connect. It allows users to easily manage data-sharing permissions and find new financial tools while maintaining privacy and control.
Why Investors and Enterprises Choose Kryptos
Comprehensive Tools for Compliance: Whether you’re filing taxes or managing investments, Kryptos covers you from start to finish.
Ease of Use: Intuitive tools eliminate the complexities of crypto financial management.
Global Compatibility: Kryptos supports over 30 jurisdictions, including the UK, US, and EU, so you’re always prepared.
Backed by Binance Labs: Kryptos brings the credibility and innovation associated with one of the crypto space’s most trusted names.
5000+ Integrations: Kryptos connects seamlessly with platforms you already use, ensuring efficiency and reliability.
Start Your Crypto Journey Right
With Bitcoin soaring and tax season on the horizon, there’s no better time to streamline your crypto management. From tracking to tax reporting to innovative developer tools, Kryptos is the trusted partner you need to navigate the ever-evolving crypto landscape.
If you hold crypto, you need Kryptos! Visit Kryptos.io today to simplify your crypto life.
Don’t let crypto management hold you back from enjoying the rewards of this booming market. Get ahead of tax deadlines in the UK and US, simplify compliance, and harness the power of innovation with Kryptos—the all-in-one crypto finance solution for every crypto holder.
This is a sponsored story. Please conduct your own due diligence and make an informed decision before taking any action. Bitcoin.com accepts no responsibility or liability.
