KoinX is a crypto tax and accounting software platform created by Simplify Infotech Private Limited and aims to simplify the process of taxation of digital assets among investors, traders, and enterprises. It allows users to import and add machine accounts and analyze their cryptocurrency transactions, other deals, and wallets automatically.
Company Details:
- CEO & Founder: Punit Agarwal
- Founded: April 4th, 2022
- Headquarters: Bhubaneswar, Odisha, India
Key Features:
- Users can import crypto transactions into KoinX through API and CSV upload, or blockchain wallet sync.
- Determines capital gains and losses in accordance with tax-compliant procedures as either FIFO or LIFO.
- Connects account payers with professional chartered accountants and crypto tax professionals and provides a personalized service concerning the complex filings and audits.
- It tracks TDS in the cryptocurrency purchases of Indian users to guarantee that they are in line with the governmental tax regulations.
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