-- The provider of tax and accounting software made for bitcoin and other cryptocurrencies, Coin Trade Ledger, is inviting people to join their Cardano (ADA) stake pool. Those who delegate at least 5,000 ADA to the stake pool can earn an average of 5.5% interest, as well as receive 50% off their next purchase.
The Cardano stake pool is for mining crypto, but unlike Bitcoin, requires only minimal computer resources. It helps to support the operation and security of the blockchain, while also acting similarly to an interest savings account for those who contribute. Anyone interested in staking their Cardano with Coin Trade Ledger can do so with their digital currency wallet.
To stake Cardano in the Coin Trade Ledger stake pool, it's first necessary to use a Cardano wallet delegation center to find the stake pool, CTL. After delegating at least 5,000 ADA to the stake pool and waiting for it to become active, the next step is to contact Coin Trade Ledger for a special wallet address to send 1 ADA for identity purposes. After this small deposit is received and the sender's address verified, they will receive a coupon code for their account. More detailed instructions can be found on the Coin Trade Ledger website.
Coin Trade Ledger aims to simplify cryptocurrency tax and accounting with software built specifically for cryptocurrency. Their software uses a custom-built calculation engine for cryptocurrency tax calculation of profits and losses. The software currently supports almost 40 crypto exchanges, with more to be added in the future. Crypto exchanges only provide information about what has been bought and sold, without giving clear information about profits and losses. Coin Trade Ledger is designed to produce profit and loss reports, allowing users to bring accounts from different exchanges together. Data can be uploaded via file upload or API.
Coin Trade Ledger has a variety of features. Users can choose the cost basis on which their gains and losses are calculated and currency conversion ensures all trade realisations are converted to a fiat-based currency supported by the exchange. Both buy and sell transitions result in a realisation to provide accurate calculations. The clear and detailed cryptocurrency tax reports generated include capital gains reports with long-term and short-term capital gains, in addition to trading reports for traders with closing balances valued at period, cost or optimise.
Coin Trade Ledger supports Cardano for three key reasons. These are the proof of stake blockchain, the ability to earn interest without giving crypto to anyone, and the fact that Cardano is an open framework that anyone can build on.
Find out more about Coin Trade Ledger on the website: https://cointradeledger.com/. Please get in touch with Demetrio Trombi with any questions, by emailing [email protected].
Contact Info:
Name: Demetrio Trombi
Email: Send Email
Organization: Coin Trade Ledger
Website: https://cointradeledger.com/
Release ID: 89031508
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