How to do your SpookySwap (BOO) taxes with Koinly
Whatever your SpookySwap transactions, you'll need to figure out if you owe tax on them. Koinly can help. It's this simple:
Sign up to Koinly and choose your country and currency.
Connect the Fantom wallets you use to interact with SpookySwap to Koinly to import all your trades safely and securely
Koinly identifies the cost basis of all your coins and tokens, as well as your taxable transactions.
Koinly calculates any capital gains, losses, and income from your taxable transactions.
Koinly generates your crypto tax report - ready to help you file with your tax office, or hand it over to your accountant.
How to import SpookySwap transactions to Koinly automatically
To import your SpookySwap transactions to Koinly, you'll need to connect each Fantom wallet you use. This is easy to do, you just need your public address - and we have steps on how to get your public address for all the most popular wallets on our integration pages, but here's an example of how it generally works.
On wallet
Open or log in to your wallet
Select Fantom blockchain
Copy your public address
On Koinly
Sign up or log in to your Koinly account and go to the wallets page
Search for and select Fantom
Give your wallet a name - for example - MetaMask Fantom
Paste your public address
Select import
Important
Remember, you'll need to connect every Fantom wallet you use with Koinly in order to calculate your gains, losses, and income correctly.
What is SpookySwap?
SpookySwap is a decentralized exchange for the Fantom Opera network that lets investors trade FTM and tokens, provide liquidity, stake LP tokens and NFTs, and much more. SpookySwap’s governance token is BOO, which you can buy, or earn on the platform by staking your crypto.
How does SpookySwap work?
SpookySwap works like most other decentralized exchanges, all you need to do is connect a Fantom wallet and you can start trading, providing liquidity, staking, and more.
How to use SpookySwap?
It's easy to use SpookySwap - all you need is a non-custodial wallet. SpookySwap supports:
MetaMask
Coinbase Wallet
Trust Wallet
Math Wallet
And many other wallets through Wallet Connect compatible wallets
Once you've got your wallet funded, all you need to do is connect to SpookySwap and you'll be able to trade, add liquidity, and more.
What can you do on SpookySwap?
You can use SpookSwap to:
Trade Fantom (FTM) and Fantom tokens
Provide liquidity and earn rewards
Stake your liquidity pool tokens and earn BOO
Stake BOO to earn trade fees and DeFi project tokens
Get Magical NFTs you can stake for additional earnings
