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For institutional investors, tax and audit reporting is an important but time-consuming year-end task.
Binance Reporting Center automates the sharing of crypto account data to meet tax and audit needs.
If you’re particularly troubled every time tax and audit season rolls around, this is a great opportunity to take advantage of Binance Reporting Center.
The tax and audit period is often a tedious time for investors.
That’s why Binance has set up the Report Center. The Report Center is a one-stop solution where VIP users can download data and reports through a self-service system and share their account’s transaction and activity records. The purpose of the Report Center is to reduce all the compliance reporting work that VIP users must do manually, including querying data for a specific historical period. These reports can also be shared with third parties, such as auditors.
Four Reasons to Use Binance Report Center
1. You can quickly download multiple report types
The Report Center puts the most important information at your fingertips. VIP and whitelist users can now quickly download audit data that would otherwise take days to obtain, including transaction history, account statement reports, and proof of account holding reports, all available through the Report Center.
2. Your account information is gathered in one place
You don't need to spend time sorting data from different accounts. You can get a comprehensive understanding of all your cryptocurrency transactions with a single click in the report center. At the same time, the master account can view spot, leverage, contracts, funds, financial wallets, and include sub-account activity records and positions. Users can also download all currency positions in PDF or CSV file format.
3. You can share sensitive data with confidence
Sharing important documents with third parties is a common requirement for tax and audit needs. Report Center enables you to send your private messages directly to designated recipients safely and securely via encrypted email. For external audit units, emails are sent from Binance email addresses, and all documents sent via email are password protected.
4. Continuous optimization based on your needs
Our users' needs are constantly changing at the speed of the crypto market. To this end, we work closely with our users to continuously understand their reporting needs and pain points, and we will consider these needs and optimize the Report Center. If you have any suggestions for improving the Report Center experience, please submit them through this form.
Use Report Center Now
As the new year arrives, the Report Center will help Binance VIP users save time and money on the critical but laborious work of tax filing and audit reporting. Binance VIP customers can browse the Report Center directly from the VIP area, while non-VIP users can request to browse it for a limited time.
To learn more about the Binance VIP program and exclusive VIP perks, refer to the following pages:
What is the Report Center in the VIP Area?
How to become a Binance VIP
Binance Zone: A one-stop service center designed specifically for Binance VIP users