COTI is now Integrated with Koinly for Crypto-Friendly Tax Management

Published in

COTI

2 min readAug 22, 2023

Great news for $COTI holders looking for a crypto-friendly tax reporting solution, the COTI Pay VIPER wallet is now integrated with Koinly. Koinly provides a cryptocurrency tax management and reporting platform for individuals, accountants and businesses.

Users can import data from exchanges, wallets and protocols, and Koinly will calculate gains, losses and any tax implications for the previous financial year.

Tools for COTI Holders

With this integration, $COTI holders will find simple, easy-to-use tools to calculate things like Treasury’s APY rewards over the previous financial year.

Koinly also helps $COTI holders to classify transactions and generate submit-ready reports for accountants. This helps $COTI holders to be able to easily comply with the tax regulations of their home country.

How do you Import COTI Transaction Data into Koinly?

In order to import COTI Transactions into Koinly, you first create an account on Koinly.io, select your country for tax purposes, the currency in which you want to see the transactions, and connect to a transaction source.

This source can be a VIPER Wallet, ERC20 compatible wallet or crypto exchange. From here, it’s simply a matter of selecting and importing the data into Koinly’s platform.

Koinly have created this guide to explain the necessary steps: https://koinly.io/integrations/coti/

About Koinly

Koinly is a tax solution for cryptocurrency investors and accountants. By integrating with all major blockchains and exchanges such as Binance, Coinbase, Kraken and KuCoin, Koinly reduces crypto tax reporting to just a few minutes of work. Simply connect an exchange account or public address and let Koinly figure out the tax obligation. A final tax report is presented in a format that is accepted by the tax agency, making it easy to print and file.

At the time of COTI’s integration, Koinly supports the local tax policy of over 100 countries worldwide, supports more than 20,000 tokens, over 400 exchanges and 100+ wallets.

We’re excited about this much-anticipated partnership and will continue establishing partnerships that empower our community. Stay tuned for more updates.