BingX Partners with Blockpit to Enhance Crypto Tax Reporting for Users Worldwide
BingX, a leading global cryptocurrency exchange, is thrilled to announce a strategic partnership with Blockpit, a prominent European provider of crypto tax solutions. Starting from August 8, 2024, BingX users will be able to effortlessly manage their tax obligations through Blockpit’s services, allowing them to save both time and money. Blockpit offers legal assurance by ensuring users stay compliant with dynamic regulations, significantly enhancing the trading experience and boosting investors’ confidence. To sweeten the deal, BingX users will enjoy a 15% discount on their first Blockpit license.
Vivien Lin, the Chief Product Officer of BingX, shared her enthusiasm regarding this new integration: “We are excited to incorporate Blockpit’s innovative tax solutions into the BingX platform. This partnership demonstrates our commitment to ongoing global compliance and equipping our users with cutting-edge tools for financial decision-making. By strengthening our presence in the European market, we’re enabling our users to access comprehensive tax reporting and advanced portfolio management services. We believe that this collaboration will ensure a seamless, efficient, and compliant trading experience for our international community.”
With this partnership, BingX users will benefit from Blockpit’s state-of-the-art tax reporting capabilities, allowing them to manage their tax responsibilities with ease and optimize their financial planning. The advanced portfolio management tools provided by Blockpit will also enable users to track and fine-tune their investments with greater precision, facilitating informed decision-making in real time. Additionally, Blockpit’s tax optimization features will help minimize tax liabilities through strategies such as tax loss harvesting, showcasing potential gains or losses and the holding periods of assets.
BingX recognizes the importance of regulatory compliance, including taxation, as a fundamental aspect of its mission to provide users with reliable financial resources. By harnessing Blockpit’s expertise in crypto tax management, BingX aims to strengthen its brand presence and empower users worldwide, particularly in Europe, with efficient solutions for handling their crypto taxes. This collaboration not only boosts user confidence but also highlights BingX’s dedication to prudent financial management and adherence to local regulations.
About BingX
Founded in 2018, BingX is a premier cryptocurrency exchange serving over 10 million users across the globe. The platform offers a diverse range of products and services, including spot trading, derivatives, copy trading, and asset management, all designed to meet the evolving needs of users, from beginners to seasoned professionals. BingX is committed to delivering a reliable platform that empowers users with innovative tools and features to enhance their trading skills. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting entry into the sports arena.
