How does it work?
The first - and in most cases, the only - step is to download all your data from Blockchain Wallet and import them into Koinly. There are a few ways you can do this:
- There should be a history download option in Blockchain Wallet that will generate a CSV file containing your transaction history, simply import that file into Koinly, and you are on your way to generating a tax report.
- If you prefer to have Koinly import your data automatically, you can add separate Koinly-wallets for each of your coins ex Blockchain Wallet BTC, Blockchain Wallet ETH etc, using our Blockchain integrations. After that, just add the public key or public address for each of the coins and let Koinly do the rest.
- If the above method(s) is not possible for you, you can even add the transactions manually 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 previous years and not just the current one!
That's pretty much it. Don't forget to tag your airdrops/forks so they appear as Income on your generated crypto tax forms!