To get started, simply connect Koinly to the WAX blockchain via your public address or CSV file upload. Once connected, Koinly imports all your trades automatically. Next, Koinly calculates all your gains, income and expenses with easy-to-spot totals ready for your tax return. At tax time, simply download the Koinly tax report for your country and you’re good to file!
You can find your public address in the wallet you use to interact with WAX - for example, MetaMask, MyEtherWallet or Exodus
We have instructions on how to do this for a variety of popular wallets on our integration pages.
Please note: you’ll need to add your public address from every wallet you use to interact with WAX in order for Koinly to calculate your crypto taxes correctly.
Depending on the WAX wallet you’re using, you may be able to export a CSV file of your transaction history from your wallet. We’ve got instructions on how to get a CSV file from a number of crypto wallets on our integration pages.
Koinly is pretty clever, but incorrectly imported data happens and when it does you may have issues with your import. Not to worry - checking through your data import for accuracy is easy, here's how.
You need to connect every single wallet, exchange or blockchain you use with Koinly via API or CSV. Koinly needs your entire transaction history in order to calculate your crypto taxes correctly.
Sometimes CSV files are missing data, or an API doesn't return a certain kind of data - so it's important you double check it's all in Koinly and error free. We recommend the following:
It's always good to double check your transactions and use the tags as they apply to your country’s crypto tax rules (find your crypto tax rules). Koinly normally does this automatically, but sometimes the data is missing to do so. Here's the tags you can use:
Withdrawal tags (sending crypto)
Deposit tags (receiving crypto)
Something still doesn't look right with your WAX data import? Let us know - we're always happy to help: