Crypto payments are on the rise and are one of the biggest steps in furthering the industry. In order to make the process as seamless as possible for the end user, Bitpay has added ZenLedger within their app ecosystem to simplify transaction tracking and tax reporting!
ZenLedger x Bitpay
ZenLedger automatically aggregates your transactions across wallets and exchanges, computes your capital gains and losses, and auto-fills IRS forms. We support 400+ exchanges, 7000+ token types, 30+ DeFi protocols, ERC-721 NFTs and all wallets.
All of this can now be easily accessed by Bitpay users to import their transactions and quickly calculate tax liabilities through ZenLedger.
How to use BitPay + ZenLedger to prepare your crypto taxes
1. Make sure you have the latest version of the BitPay Wallet or download the app here
2. Tap into the app Settings section
3. Select ZenLedger Taxes
4. You will be prompted to connect your wallet to ZenLedger
5. Log in or create a ZenLedger account
6. Choose the wallets holding the transactions you wish to import into ZenLedger
Once you’ve created an account and connected your wallet, your transactions will appear within your ZenLedger account. Now you are ready to use ZenLedger to prepare and file your crypto taxes.
Did you know you can import and manage any self-custody wallet from the BitPay app? Simply import your keys to manage and spend crypto from the BitPay Wallet.
About Bitpay and Crypto Payments
Founded in 2011, BitPay is one of the oldest cryptocurrency companies. As a pioneer in blockchain payment processing, the company’s mission is to transform how businesses and people send, receive, and store money. Its business solutions eliminate fraud chargebacks, reduce the cost of payment processing, and enable borderless payments in cryptocurrency, among other services. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet and BitPay Prepaid Card, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses.
The ability to pay for services and products in crypto is a driving force in global crypto adoption. Bitpay makes that easy for both the customer and the business, so transacting in specific currencies is seamless. Because of this, ZenLedger added Bitpay crypto payment capabilities for all of our customers earlier this year.
Regardless the complexity or quantity of your crypto transactions, you can rely on Bitpay and ZenLedger to make the tax process safe and easy.
If you trade or invest in crypto, ZenLedger can help simplify tax season. Automatically aggregate your transactions across wallets and exchanges, compute your capital gains and losses, and auto-fill IRS forms. We support direct integration with 400+ exchanges, 40+ blockchains,DeFi protocols, and even NFTs. Try it now for free!