Cryptocurrency Traders

Decentralized Finance (DeFi) is a rapidly growing sector within the cryptocurrency space, with new platforms and projects emerging every day. For cryptocurrency traders looking to get involved in DeFi, there are a number of unique challenges and opportunities to consider.

DeFi refers to a broad range of financial applications built on top of blockchain technology. These applications are designed to be decentralized, transparent, and accessible to anyone with an internet connection. They can include everything from decentralized exchanges and lending platforms to prediction markets and insurance products.

How we can help you?

  • Our Crypto Tax advisors can provide valuable guidance on how to navigate the tax implications of Complex Defi and Cefi smart contact arrangement Ranging from Staking, Farming Yielding, Lending and Borrowing.
  • They can help you understand the various tax rules that apply to these transactions and how to report them correctly on your tax return.
  • Assist with identify taxable event and allocating accurate cost basis