SunCrypto Became The First Crypto Platform To Implement One Touch Integration With Taxcryp
Umesh Kumar and Pramod Yadav founded of SunCrypto in 2021 with the motivation to build the most user-friendly platform in India for cryptocurrency trading. They made the challenging decision to establish an exchange that will be user-friendly for all three generations based on their personal experience with cryptocurrency trading. Additionally, they collaborated with Ledger, the leading provider of cold wallet services, and concentrated on supplying security. Through this partnership, SunCrypto users are assured of the best security and insurance coverage of USD 150 Million.
The founders of SunCrypto used their individual expertise in the fields of marketing and IT to build their company into a success. Umesh Kumar, the firm's founder, and CEO, has a background in marketing, while Mr. Pramod has experience in IT and is now the company's CTO and co-founder.
SunCrypto Leading The Indian Crypto Market
Fintech is not like the entertainment sector, where you can get recognized based solely on hype and attention. The best services, training, and platforms for learning and growth are required for a business to succeed in the Fintech industry, and Suncrypto is succeeding to do so. Because of its emphasis on the phrase "Learn & Earn," SunCrypto was able to transition from being a simple cryptocurrency exchange to serving as a learning tool for users.
SunCrypto and TaxCryp Working Together To Build The Future Of Crypto
The challenges faced by cryptocurrency users when the government implemented the 1 per cent TDS and 30 per cent tax went far beyond just paying the tax. The necessity to compute profits and losses and examine the data for the entire financial year comes from this. To help all SunCrypto users with the tax computation process, SunCrypto partnered with the industry-leading taxation platform TaxCryp.
The major tax calculation problems faced by crypto users are being resolved by this collaboration. Users can view their transaction report and trade summary straight from SunCrypto thanks to the one-touch integration of TaxCryp here, and TaxCryp will offer information on the precise tax amount that the person needs to pay to the Indian government. With this, SunCrypto has achieved two objectives, one of which is becoming the top cryptocurrency platform. Second, it was among the first exchanges to adopt a one-touch integration with Taxcryp to provide cryptocurrency taxation reports, which simplifies the difficult process of calculating cryptocurrency taxes.
A Reliable Source for SunCrypto Users: TaxCryp
Taxcryp is not a basic tax platform as it puts more of an emphasis on giving users full control over their tax obligations and the ability to make informed decisions. Anmol Chawla, Indy Sarker, and Vaibhav Gupta, the three founders came together to build Taxcryp back in April 2022.
Meet Indy Sarker, a seasoned capital markets expert who has transitioned into an entrepreneur and is leading the development of cutting-edge financial technology solutions by co-founding ANALEC. Anmol Chawla, a creative businessman dedicated to developing India's digital assets ecosystem, will be riding with him on this adventure. Vaibhav Gupta, a tax professional with substantial consulting experience, has joined the team and will bring TaxCryp invaluable tax and regulatory expertise. Together, Indy, Anmol, and Vaibhav want to use TaxCryp's intelligent technology to transform the crypto industry in India by ensuring accuracy, transparency, and compliance.
Final Thoughts
The partnership between SunCrypto and TaxCryp is expected to transform the cryptocurrency industry in India. SunCrypto's rapid expansion and popularity can be attributed to its emphasis on user education, security, and simplicity.
SunCrypto addresses the difficulties associated with tax calculation and offers a simple solution for its consumers through its partnership with TaxCryp. With their shared dedication to precision, transparency, and compliance, they are transforming the crypto industry in India.
