VB1: Crypto Taxes The Easy Way

Recorded: April 4, 2023 Duration: 0:32:50

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Hey, hey, hey, how's everyone doing? What's up, women?
is on. Okay. Yeah, of course. I'm excited. I'm glad you guys have some time. We'll wait till some more listeners come in here and we'll get into it. We'll keep it nice.
short and sweet but yeah we'll wait a little bit longer maybe share with some friends so we can get some more people in here but yeah we'll get started soon
Hey, noxie, hey, vitro. Hope you guys are doing well.
possibly got Michael Fanson in here
Amen, is this just you today? From correct?
Yeah, it's just me. Awesome. Perfect. Perfect. Yeah, we'll get started very shortly. Jump right into it. It's recorded. So, you know, we'll redistribute it, make some content, and obviously people can go back and listen to it. So that's the beauty of it.
Alright, the name and we'll get started. I think um
Always a good place to start right first of all everyone welcome here. Thank you for joining us You know, we have crypto tax calculator here. We have aiman who is equipment for our product manager aiman Yeah, that's the one awesome awesome
So I'm honored to have you here, honored to host you, our first official space. So very excited to get to know you. I talked to Shane about a week and a half ago. We released our episode on Phantom Edge, getting to know a little bit about him, his perspective
This is on the crypto space, building crypto tax calculator, and now we have Aiman product manager at crypto tax calculator. So Aiman, if you could kind of help us out with an intro, a little background about yourself, you can make it sure as possible or, yeah, just an introduction to yourself, please.
Of course, so I may or may not have bought the top back in 2017 as I'm sure many busted, but literally from the moment I bought it went down only from there. So somehow I thought, oh this is an interesting space. If it goes down 80% in two weeks, the coin from probably also got 80% in two weeks. That was honestly my mindset. So I just kept piloting cash into it.
And eventually I thought, OK, probably got a non-zero amount of money should probably actually look at what. I'm investing in two because I was investing in some random, you know, piquants, basically in this space. And then Sully Sully started looking more into the different projects, started doing leverage training, and up again, liquidated a couple of times. And honestly, because I got liquidated, like my full account.
I thought to myself I probably need a better job because I was tennis coaching at the time. I thought let me get a job in the crypto space because I got some knowledge and then next you know I rock about CTC about two years ago so I'll space it quick summer. I guess it's safe to say you've been in the space you've seen some stuff over.
over the last few years and you know you've experimented in different verticals so that's exciting and you said you were at CTC last two years correct? Yes. So I'm curious you know when talking to Shane I asked him were you part of when you guys were building the decks where you already part of the team
No, that was a few months before me. That's about six months before me, but I'm familiar with the story. Yes. Awesome. Yeah, because I was curious to find out for those listening, Shane CEO had mentioned that before building CTC, they were building a DEX and the reason CTC was born was because they
notice I was going to be a tax nightmare with the decks so I wanted to see if you have some insight on that. So tell me a little bit about something about kind of I'm curious because you know I figured okay you're building a tax product do you have any I guess finance or tax background all prior to this
I don't know so it's really mixed our team base because we need to have a few different specialties first one is of course the accounting and tax knowledge which is Critical so we have lots of accountants so I crypto tax accountants tax lawyers across all different countries because it's put almost 30%
countries. So we need to count and snatch one of those and tax laws and each one of those countries. And we live with those pretty often. But beyond that, we also need a lot of crypto knowledge because of course, crypto is a big space. You've got, of course, you got all EVM trains that are one big niche, but then you got, I'll poke it out
system, the Cosmars ecosystem, you got all the other ecosystems, NFT, DeFi, you're all farming, you're edrop, like everything at the space. So we have a lot of crypto digents in the team. Let's put it that way. But yeah, so we really be variety basically to answer your question.
A lot of DGEN centric team is good to have especially in the crypto I guess you get the culture from the ground up. Now you come from the product side right? Can you walk us through a little bit about you know I'm Lu
I want to do my taxes, right? And I'm gonna use CTC for someone to prepare me for all my crypto transactions. Can you walk me through a little bit about how the platform works? Definitely. So the platform is a three-step process and we try and keep it as simple as possible because by the time people
So, it's real three step process. First, you got to import your data. So, nice and simple. Import all your chains, API, CSV, on chain off chain, we have like 800 integration, so it should be more than fine.

FAQ on VB1: Crypto Taxes The Easy Way | Twitter Space Recording

Who is the host of the podcast?
The host is not mentioned in the text.
Who is the product manager at Crypto Tax Calculator?
Aiman is the product manager at Crypto Tax Calculator.
When did Aiman join Crypto Tax Calculator?
Aiman joined Crypto Tax Calculator about two years ago.
What was Aiman's profession before joining Crypto Tax Calculator?
Aiman was a tennis coach before joining Crypto Tax Calculator.
What did Shane and his team originally try to build before Crypto Tax Calculator?
Shane and his team originally tried to build a dex before Crypto Tax Calculator.
Why did Shane and his team pivot to Crypto Tax Calculator?
Shane and his team noticed that building a dex would be a tax nightmare, so they pivoted to building Crypto Tax Calculator.
What kind of specialists does Crypto Tax Calculator team have?
Crypto Tax Calculator team has accountants, tax lawyers, and crypto experts from various niches and ecosystems.
How many steps are involved in using Crypto Tax Calculator?
There are three steps involved in using Crypto Tax Calculator.
What is the first step in using Crypto Tax Calculator?
The first step in using Crypto Tax Calculator is to import your data.
How many integrations does Crypto Tax Calculator have for data import?
Crypto Tax Calculator has around 800 integrations for data import.