How It Works
The first - and in most cases, the only - step is to download all your transaction data from FreeWallet and upload them to Koinly. There are a few ways you can do that:
- There should be a history export option in FreeWallet that will create a CSV file containing all your transaction data, just import that file into Koinly, and you are on your way to generating a tax report.
- If you would rather have Koinly sync your transaction data automatically, you can add separate Koinly-wallets for each of your coins ex FreeWallet BTC, FreeWallet ETH etc using our Blockchain integrations. After that, simply add the public key or public address for each of the coins and let Koinly handle the rest.
- If you only have a few transactions and the above method(s) are not possible for you, you can also add the transactions one by one via Koinly's web interface.
If you decide to import CSV files, you need to make sure to import your deposits/withdrawals and trades for ALL previous years and not just the current one!
That's all you have to do. The only other thing to be vary of is to tag your airdrops/forks so they appear as Income on your generated crypto tax reports!