September has been an exciting month for KoinX as we continued to push boundaries and expand our global presence. Our platform now supports users in 80+ new countries, enabling crypto enthusiasts worldwide to seamlessly calculate their taxes. In line with our commitment to delivering more control and flexibility, we've added new tax settings to give users enhanced control over their tax calculations. Additionally, we've integrated with major global exchanges like XT and Bitstamp, refined portfolio management, improved transaction handling, and introduced Portfolio Reports feature. This month marks a major step forward in offering a more personalized, powerful, and global experience for our users!
KoinX Now Live In 100+ Countries
In September, KoinX achieved a monumental milestone by going live in 100+ countries, marking a significant step toward global expansion. This move enables users from around the world to easily calculate and file their crypto taxes using KoinX's intuitive platform. With this expansion, we’ve strengthened our commitment to delivering a seamless experience for crypto investors globally, ensuring they can manage their tax obligations no matter where they are. KoinX is now truly a global platform, bringing its trusted services to crypto traders across continents.
New Tax Settings: Treat Loan Repayment As Sale & Offset Brokerage Fees
As part of our ongoing effort to empower users with more control over their tax calculation logic, we introduced new customizable tax settings. Users can now opt to "Treat Loan Repayment as Sale", allowing loan repayments to be treated as a sale or as other income based on their preferences. Additionally, the "Offset Brokerage Fees in Trades" setting enables users to decide whether to offset brokerage fees from their sale and cost values. These options offer users greater flexibility and personalization, ensuring their tax reports align with their specific strategies and needs.
New Integrations: XT, Bitstamp
In our mission to expand global coverage, we are excited to announce the launch of XT and Bitstamp integrations. These two exchanges are monumental in terms of global representation, providing our users with seamless access to their transaction data and allowing for more accurate tax calculations. Whether you’re an XT user or a Bitstamp trader, you can now fully integrate your accounts with KoinX for a more comprehensive and automated tax reporting experience.
User Portfolio Coins Management & Add/Edit Improvements
We made significant improvements to the user portfolio coin management and revamped our add/edit architecture to ensure better mapping of coins while adding or editing transactions. This upgrade helps eliminate issues with incorrect coin mapping, ensuring that your portfolio is always up-to-date with precise and accurate information, thus streamlining the entire transaction management process for our users.
Enhanced Display of Transactions
We revamped our transactions page to offer a more intuitive and user-friendly experience. This update improves the display of transactions by incorporating better type and label icon handling, ensuring users can quickly identify the nature of their transactions. Additionally, we now show more relevant fields and detailed information based on transaction types, all while significantly enhancing the page’s performance for a smoother user experience.
Portfolio Holdings Report
We launched a new feature called Portfolio Holdings Report that allows users to generate PDF reports of their portfolio data as of a specific date. These reports are automatically emailed to users, providing a convenient way to track and store their portfolio insights. Additionally, we maintain a history of previously generated reports on the platform, ensuring easy access to past reports whenever needed. This feature adds an extra layer of utility for users who require detailed records of their portfolio data.