Atomic Wallet is free to use and you can trade almost any cryptocurrency you want thanks to the Atomic Swap integration. Investors can also earn crypto through regular airdrops and through staking. Koinly can help you do your Atomic Wallet taxes safely, quickly, and accurately.
As a non-custodial, decentralized wallet with no KYC - it’s unlikely Atomic are reporting to the IRS. However, if you’re transferring assets out of your Atomic wallet to cash out on larger crypto exchanges - many centralized exchanges do report to the IRS.
1. Once you've clicked connect blockchains, you'll need to pick the coins you want to sync and enter the public address for each. You'll need to do this with all the coins in your Atomic wallet.
2. Atomic doesn't provide xpub keys for some cryptocurrencies like BTC, BCH and DOGE - you can follow these instructions to export xpub keys on Atomic, or use CSV files for the blockchains that use UTXO.
You'll need to start by downloading a CSV file with your full trading history from Atomic Wallet before you can upload it to Koinly - here's how.
1. When downloading your CSV files, check that the file covers your full trading history.
2. Don't forget to tag your airdrops and forks. This will ensure that they show up correctly as income on your Atomic Wallet tax form.
If you're having problems with your Atomic Wallet data import - there's lots of helpful resources:
Sign up free today to calculate your Atomic Wallet taxes.
No, Atomic doesn't provide tax documents or reports. But you can integrate the Atomic tax report API with crypto tax software to generate one. You can also export CSV files of your transaction history and upload them to a crypto tax calculator as discussed above.
The easiest way to get your Atomic Wallet tax report is to connect to crypto tax software via API or by uploading a CSV file of your Atomic Wallet transaction history. Your crypto tax calculator will automatically generate your Atomic Wallet tax documents for you.
No, Atomic does not provide financial statements. However, you can use a crypto tax calculator to generate one for tax purposes.
Yes - if you have capital gains or income from your Atomic Wallet investment activities, you'll need to report these to your tax office and pay taxes on them.
Yes. Atomic Wallet is a secure, non-custodial wallet. However, as it’s a hot wallet, you should always follow best practices and store crypto you’re not actively trading in a cold wallet.