How to Connect LocalTrade with Koinly
Easily calculate your localtrade taxes and create the right tax reports to submit to your tax authority. Koinly integrates with LocalTrade and makes your tax reporting a piece of cake.
How does it work?
The first and usually the only step is to download all your data from LocalTrade and upload it to Koinly. There are a few ways you can do this:
- LocalTrade does not have an API so you will need to download your CSV files from their web UI and upload them into Koinly manually.
- If the above method(s) are not possible for you, you can also add the transactions manually via Koinly's web interface.
Note that if you decide to import CSV files, you must make sure to import your deposits/withdrawals and trades for ALL previous years and not just the current one!
That's it. The only other thing to keep in mind is to tag your airdrops/forks so they appear as Income on your final crypto tax documents!