What is the vision and mission of KoinX?
KoinX is determined to become an indispensable platform, trusted throughout the world for its commitment to simplification, customer satisfaction, and dependability. Our sophisticated and dependable software has been crafted to serve one purpose: to simplify crypto taxation.
Thanks to our automated technology, let KoinX efficiently manage crypto taxes, portfolios, and accounting in a reliable and user-friendly way while you become more compliant.
Which jurisdictions and countries does KoinX primarily cater to?
Currently, KoinX primarily caters to customers in India, Australia, and the UK.
How is KoinX different from other crypto taxation platforms?
KoinX sets itself apart from other crypto taxation platforms through several key differentiators:
High Accuracy: KoinX promises precision in tax calculations and data analysis, ensuring users receive accurate and reliable tax reports for their crypto transactions.
Efficiency: The platform is designed for efficient operations, enabling swift and streamlined processing of complex crypto transaction data for tax purposes.
Comprehensive Trade Support: KoinX supports a wide array of trade types, catering to a diverse range of crypto transactions, from simple trades to complex DeFi interactions.
User-friendly Interface: The platform boasts an intuitive and easy-to-understand user interface, making it accessible for both novice and experienced crypto users.
What security measures does KoinX implement to safeguard user data?
KoinX prioritises user data security by implementing a comprehensive array of security measures, including:
Industry Standard Compliance: KoinX adheres to ISO 27001:2013 standards, ensuring a high level of security management and data protection practices.
Robust Hosting Security: The platform employs AWS and MongoDB for product and data hosting, effectively building a secure cloud infrastructure for its users.
Encryption Protocols: To safeguard data integrity, KoinX ensures encryption at rest for all databases and employs TLS/SSL encryption for data in transit, protecting data from unauthorised access during storage and transmission.
Information Security Management: KoinX has an active Information Security Management System (ISMS) that is transmitted across the organisation. This includes regular security awareness training for employees, which promotes a culture of security and vigilance in handling user data and system interactions.
How does KoinX stay updated with ever-evolving global tax regulations?
KoinX remains updated with the constantly evolving global tax regulations through the following measures:
Crypto Tax Experts: KoinX employs a team of specialised crypto tax professionals who stay abreast of the latest changes and trends in global tax regulations. These experts continually assist in refining and updating the platform's logic and algorithms to align with the latest tax laws.
Regular Updates to Platform Logic: The platform's algorithms and computational logic are frequently updated to reflect any new tax regulations, ensuring compliance and accuracy in tax calculations.
Monitoring Global Tax Trends: KoinX actively monitors global trends and changes in cryptocurrency taxation, adapting its services to accommodate these developments. This proactive approach helps provide users with up-to-date tax reporting that complies with current regulations.