SunCrypto Collaborates With TaxCryp
SunCrypto’s founders, Mr. Umesh Kumar and Mr. Pramod Yadav, had a vision of creating India’s easiest platform for people to trade in cryptocurrency. Based on their difficult experience with cryptocurrency trading, they decided to create an exchange that is simple enough for all three generations to use. Not only that, but they focused on security and partnered with Ledger, the leading cold wallet service provider. This collaboration promised SunCrypto users the best security and insurance coverage of $150 million.
This collaboration must address the most pressing tax calculation issues for cryptocurrency users. Users received one-touch integration of Taxcryp on SunCrypto, allowing them to see their trade report and summary directly from SunCrypto, and TaxCryp will provide the data of the exact amount that the individual needs to pay to the Indian government. SunCrypto has achieved two objectives with this, the first of which is to become the best cryptocurrency platform to use. Second, it was one of the first exchanges to implement one-touch integration with Taxcryp to generate crypto taxation reports, reducing the time-consuming process of calculating crypto taxes.
(With inputs from Shikha Singh)
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