How to trade crypto safely and save on your taxes?
Cryptocurrencies have become a popular asset class for active traders. By establishing rules for buying and selling, trading systems enable traders to achieve consistent results by removing emotion from the process. Backtesting lets them fine-tune their trading systems to control risk, compare different strategies and maximize potential returns.
At the same time, automated trading systems can generate hundreds or thousands of trades each month. With already-uncertain tax status, the sheer number of transactions can make it extremely costly and complex to file for taxes each year. Each transaction must be converted to U.S. dollars and reconciled to come up with the capital gain or loss over the reporting period.
Join us for this live webinar as we cover how to automate your crypto trading and crypto taxes while staying compliant and efficient.
You will learn how to:
- Automate your crypto trading and save hours of your time;
- Trade crypto safely and more efficiently;
- Automate your crypto taxes;
- Save on your crypto taxes by putting capital losses against your capital gains.
CEO and Founder, BestRate
Pat Larsen, MBA
CEO and Co-Founder of ZenLedger