Firo, formerly known as Zcoin, is a cryptocurrency that focuses on setting privacy standards. It also created the Lelantus privacy protocol, which allows users to burn their coins and later redeem them as brand new ones without the transaction history. If you've invested in Firo, eventually, you're going to have to get your taxes in order. Don't worry though, with the help of Koinly, your end-of-year tax time can be incredibly easy.
The good news, all it takes to get started is to connect Koinly to the Firo blockchain via your public address. Once connected, Koinly does all of the hard work for you, including calculating your gains, income and expenses. All you need to do at tax time is download your Koinly tax report, which provides you with easy-to-spot totals ready to be added to your tax return.
How to find your Firo public address
Your public address can be found by accessing the wallet you use to interact with Firo - for example, Trust Wallet, Coinomi and Firo GUI Wallet.Â
We have instructions on how to do this for a variety of popular wallets on our integration pages.
Please note: make sure you add the public address from every wallet you use to interact with Firo in order for Koinly to calculate your crypto taxes correctly.
Once you have your public address, here’s how to connect to Koinly.
How to connect Firo to Koinly via API
On Koinly
- Sign up or login into Koinly and head to the wallets page.
- Select add new wallet in the top right corner.
- In the search bar, search for Firo.
- Select Firo.
- Enter your Firo public address.
- Select import.
How do I troubleshoot my Firo integration to Koinly?
If you've still got concerns or you're looking for more information we've got a number of helpful options available :
- Head over to our help forum to see if any of our guides have the answers.
- Hit up our discussion boards - someone else might have resolved the same issue already.
- Ask us on social media - we’re on Twitter and Reddit.
- Contact us on email or live chat.