TSX: VOYG
OTCQX: VYGVF
Borse Frankfurt: UCD2
Leading Crypto and Tax Platforms Integrate to
Give Users Ability to Track Cost Basis and Report Taxes
NEW YORK, Dec. 7, 2021 /CNW/ - Voyager Digital Ltd.
("Voyager" or the "Company") (TSX: VOYG) (OTCQX: VYGVF) (FRA: UCD2)
one of the fastest-growing, publicly traded cryptocurrency
platforms in the United States,
today announced it is partnering with CoinLedger (a rebranding
of CryptoTrader.Tax) to facilitate capital gains, losses, and
income tax reporting for users.
"We are excited to join forces with the CoinLedger team and be
at the forefront of the evolving crypto landscape by bringing a
more simplified cryptocurrency tax reporting experience to all
Voyager customers. This is one of several initiatives we are
rolling out as we continue to stay focused on adding value to the
Voyager user ecosystem," said Steve
Ehrlich, CEO and co-founder of Voyager.
The interoperable nature of cryptocurrencies and digital assets,
with transfers into and out of platforms such as Voyager, can
create tax challenges for users, especially when it comes to
tracking cost basis—which is necessary for capital gains tax
reporting. CoinLedger, a leading tax-reporting platform for
cryptocurrency, DeFi, and NFT users, addresses this by integrating
directly with leading exchanges, wallets, and blockchains to allow
any cryptocurrency user to track their digital-asset transaction
history across the crypto-economy.
Voyager customers will be able to use the CoinLedger platform as
early as the upcoming 2021 tax year to import their cryptocurrency
transactions and get capital gains, losses, and income reports.
These reports can be imported into tax filing software such as
TurboTax or sent off to tax professionals to facilitate easier tax
filing.
"Voyager is forward-thinking when it comes to user experience,"
said David Kemmerer, CEO and
co-founder of CoinLedger. "Early on, the Voyager team realized that
relying solely on blanket Form 1099 information reporting may not
be sufficient to help customers report and file their crypto taxes.
We're excited to bring CoinLedger's tax reporting solutions to the
Voyager ecosystem and further enhance the user experience of the
platform by making tracking and filing taxes easier for its
customers."
About Voyager Digital Ltd.
Voyager Digital Ltd. (TSX: VOYG; OTCQX: VYGVF; FRA: UCD2) is a
fast-growing, publicly traded cryptocurrency platform in
the United States founded in 2018
to bring choice, transparency, and cost efficiency to the
marketplace. Voyager offers a secure way to trade over 65 different
crypto assets using its easy-to-use mobile application, and earn
rewards up to 12 percent annually on more than 30 cryptocurrencies.
Through its subsidiary Coinify ApS, Voyager provides crypto payment
solutions for both consumers and merchants around the globe. To
learn more about the company, please visit
https://www.investvoyager.com.
About CoinLedger
CoinLedger (a rebranding of CryptoTrader.Tax) enables seamless
portfolio tracking and tax reporting for participants of the
digital asset economy. Founded in 2017, CoinLedger was built to
reduce the friction of participating in the cryptocurrency
ecosystem by making tax reporting as simple as possible. By
directly integrating with major exchanges, wallets, blockchains,
and NFT platforms, CoinLedger provides a unified dashboard for
users to track and monitor their cryptocurrency activity. Whether
you're trading cryptocurrencies, buying and selling NFTs, or
staking on DeFi protocols, CoinLedger makes tracking your portfolio
and reporting your taxes more straightforward than ever. For more
information, visit
https://cryptotrader.tax/world-meet-coinledger.
The TSX has not approved or disapproved of the information
contained herein.
Press Contacts
Voyager Digital, Ltd.
Michael
Legg
Chief Communications Officer
(212) 547-8807
mlegg@investvoyager.com
Voyager Public Relations Team
pr@investvoyager.com
CoinLedger
Amy Camp
CoinLedger Communications
202-270-1783
Amy@CoinLedger.io
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SOURCE Voyager Digital (Canada)
Ltd.
