
ZenLedger Now Supports Avalanche for Crypto Tax Reporting
ZenLedger has introduced native support for the Avalanche blockchain!
Simply input your Avalanche public wallet address, and all of your transaction data will be pulled from the blockchain into ZenLedger software. An easy tax solution for the growing Avalanche ecosystem to easily calculate taxes, generate required tax forms, and manage their entire crypto portfolio. Our software supports the following transaction types on c-chain:
- Liquidity Pool
- Staking
- Zap
- Farm
- Swap/Trade
- Borrow
- Repayment
- Claim Reward
- Bridge
What is Avalanche?
Avalanche is a layer-1 blockchain that claims to be the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake consensus mechanism protocol. Avalanche usage grew exponentially this year through the Avalanche Rush $180M incentive program that fostered new developers and users to join the ecosystem. The price of Avalanche’s native token, AVAX, gained more than 2,000% in 2021.
Create a free ZenLedger account to get your Avalanche taxes done now!
ZenLedger addresses a key pain point for today’s crypto traders by providing an easy solution for crypto tax preparation. With the ongoing tax reporting debate in Congress and the virtual currency question listed at the top of Form 1040, the current administration and the IRS have made it clear that they are taking crypto tax evasion seriously.
Founded in 2017, and built by industry veterans in technology, finance, and accounting, ZenLedger aggregates user transaction information across thousands of exchanges, wallets, and tokens into one simple dashboard, making it easy to calculate tax liability and make financial decisions. ZenLedger helps cryptocurrency investors and tax professionals stay compliant with integration support for over 400+ exchanges, 40+ blockchains, 20+ DeFi protocols, NFTs, and all wallets.