How To Connect CannabisCoin (CANN) with Koinly
CannabisCoin is a proof-of-work, peer-to-peer cryptocurrency with its own blockchain. Users are able to generate CANN, the native currency, through the process of mining. CannabisCoin promises to convert cryptocurrency directly into marijuana. There is a line of medicines and marijuana strains grown for the specific purpose of exchange at the rate of 1 CannabisCoin to 1 gram of medication.
If you're using CannabisCoin, why not connect with Koinly and make tax time easier? If you've got your public address from the CannabisCoin blockchain, you're ready to get started. After connecting with Koinly, the importing and calculating are done for you. At tax time, simply download the Koinly tax report for your country, and you’re good to file!
Follow these steps to download your CannabisCoin (CANN) data:
- For blockchains, it is usually best to sync your data through the auto-sync integration. If this is not an option for you, you can also import a CSV file.
- Open up your favorite block explorer for CannabisCoin (CANN)
- Search for your public address
- Find an export button (usually at the top or bottom of your transaction history)
- Download a CSV file with your transaction history. You may need to download multiple files if the explorer does not include all transaction types in a single file
- Koinly supports the CSV formats from a lot of different explorers but some formats are not supported. If your file does not import directly into Koinly, you will need to change the headers of the file to match one of our custom formats
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find CannabisCoin (CANN) in the list
- Click on it and select "File import" in the import options screen
- Upload the files you downloaded from CannabisCoin (CANN) (one at a time) and click on Import
- Review your transactions on the Transactions page to ensure everything is tagged correctly and no missing data
- Go to the Tax Reports page to view your tax liability!
- Head over to our help center
- Hit up our discussion boards - we might have already answered your question
- Ask us on social media - we're on Twitter and Reddit
- Contact us on email or live chat
- Got a feature request? Give us feedback on Canny
How to find your CannabisCoin public address
You can find your public address in the wallet you use to interact with CannabisCoin - for example, CannabisCoin Wallet.
We have instructions on how to do this for a variety of popular wallets on our integration pages.
Please note: to ensure your crypto taxes are calculated correctly, you’ll need to add your public address from every wallet you use to interact with CannabisCoin.
Once you've identified your public address, here’s how to connect to Koinly.
