Binocs recently announced entering a partnership with FitbitPro. The trusted crypto tax calculator shared the news on its official Twitter account.
According to the tweet, the parties will collaborate to revolutionize the crypto journey. The partnership will see the parties simplifying users’ investment tracking and tax calculations.
Moreover, they will facilitate unmatched fees and convenience across FitbitPro. On the other hand, the crypto exchange will promote Binocs services on the platform. As one of the top crypto exchanges India, FitbitPro boasts a massive user base.
Therefore, the collaboration will be equally beneficial for both parties. Ever since its inception in late 2022, Binocs has been simplifying tax headaches for crypto users across the world.
The Web3 portfolio and crypto taxation tracking platform made headlines back in September 2022. The platform managed to conclude a 4 million dollar Seed round led by BEENEXT. Names like Accel, Blume Ventures, Better Capital, Premi Invest, etc. were part of the funding round.
The platform used the funds to expand its engineering, marketing, growth, and product teams. The expansion worked out well, and several months later, the crypto tax platform partnered with Unicoin.
The collaboration between Unicoin and Binocs was also conducted to assist Indian crypto users with their crypto taxes. Binocs did not stop there, as the platform released an extensive report of crypto tax regulations in April 2023.
This report noted how the crypto market is shaping in 2023. Factors such as market development, noteworthy events, and regulatory changes were key parts of this report.
With developments like this under its belt, Binocs has already established a distinct reputation in the market. That is why the crypto community is celebrating its collaboration with FitbitPro, paving the path for its success in the upcoming months.
Source: https://www.cryptonewsz.com/binocs-announces-partnership-with-fibitpro-for-tax-simplification/