#Canada #Toronto #cryptact #crypto tax #Canada launch

Cryptact's Expansion to Canada: A New Era for Crypto Tax Services

Cryptact, recognized as Japan's premier cryptocurrency tax service, has officially launched its operations in Canada. Trusted by over 150,000 users since its inception in 2017, the platform promises to simplify the intricate process of cryptocurrency tax calculation with a unique blend of institutional expertise and innovative technology.

A Trusted Service from Experienced Founders

Founded by Amin Azmoudeh and Gaku Saito, both former Goldman Sachs executives, cryptact combines extensive financial acumen with deep technological insights. Their vision for cryptact is to provide a reliable resource for crypto investors who need to navigate the complexities of tax reporting. By applying best practices from their backgrounds in finance and investment, they ensure that users have access to accurate and efficient solutions for their crypto tax needs.

Comprehensive Features to Support Users

The service offers a wealth of features tailored to a wide range of cryptocurrency transactions:

• - Broad Coverage: Users can calculate tax implications for over 24,000 cryptocurrencies across 137 exchanges and blockchains.
• - Free Access: New users can begin by importing up to 100,000 transactions annually at no charge, allowing them to grasp the service's capabilities without upfront investment.
• - Discounted Pricing: To celebrate the launch, cryptact offers a substantial 50% discount on its plans, reducing the price of the Basic plan from $45 to just $22.50 until April 30, 2025.
• - Accuracy and Reliability: Collaborating with Canadian crypto tax experts, cryptact guarantees precise calculations for various transaction types, helping users avoid the common pitfalls of tax filing related to cryptocurrencies.
• - Simplified User Experience: With features that automatically identify DeFi and NFT transactions, users can easily input a wallet address, importing and classifying transaction histories with minimal manual input.

Current Promotion and Offer Period

The promotional offer applies to all new purchases or plan upgrades and is automatically implemented at checkout. Eligible residents of Canada can take advantage of the campaign from February 12 until April 30, 2025, providing an excellent opportunity for newcomers in the crypto space to get started with their tax filings affordably.

Commitment to Continuous Improvement

Azmoudeh states, "We are committed to evolving our platform to better cater to the needs of our Canadian users. Our future plans include supporting more cryptocurrencies, expanding exchange options, and introducing innovative features to enhance user experience." Cryptact's launch in Canada marks a significant step in their mission to be a trusted partner for cryptocurrency users in North America.

Leadership Profiles

• - Amin Azmoudeh, Co-CEO: With a robust background in both technology and finance, Amin’s track record includes various critical roles at Goldman Sachs, including managing extensive portfolios and leading investment strategies.
• - Gaku Saito, Co-CEO: Gaku's experience as a portfolio manager at multi-asset hedge funds underscores his solid investment expertise, focusing on long and short strategies across diverse financial instruments.

Conclusion

As the cryptocurrency ecosystem continues to mature, services like cryptact become increasingly essential for navigating compliance within rapidly changing regulations. With their expansion into Canada, cryptact is poised to impact the local market by providing users with the tools they need for successful cryptocurrency tax management.

For more details and to access the service, visit cryptact.com.