How does it work?
The first and usually only step is to download all your data from Bitvavo and import them to Koinly. There are a few ways you can do this:
- Bitvavo now has an API that will auto-sync your Bitvavo transaction data with Koinly. All you need to do is get your API and API secret from Bitvavo and enter them into Koinly.
- Alternatively, you can download a CSV file of your transaction history from Bitvavo and upload your CSV file to Koinly manually to import your transaction data.
- If the above method(s) is not possible for you, you can even add the transactions one by one through Koinly's web interface.
If you want to use CSV files, you must make sure to import your deposits/withdrawals and trades for ALL years - not just the current one!
That's pretty much it. The only other thing to be vary of is to tag your airdrops/forks so they appear as Income on your generated cryptocurrency tax reports!