The world’s leading blockchain ecosystem Binance officially announced the launch of Binance Tax, a crypto tax calculator that helps estimate and comprehend the user’s crypto tax liabilities “at no cost”.
Notably, on February 6, Binance posted the updates of the new tool on its official page that focuses on simplifying the “confusing, cumbersome, and time-consuming processes” involved in tax filing and calculation.
Interestingly, the platform details the difficulty of the computation of tax, commenting:
As per the blog, the Binance Tax helps calculate the crypto tax liabilities of up to 100,000 Binance transactions. It is…
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Source: Cryptocurrency - investing.com
