How to do your Blockstream Green Wallet taxes with Koinly
Blockstream Green Wallet is a multi-platform, feature-rich Bitcoin and Liquid wallet. But if you've been trading with Blockstream Green Wallet, you may have a tax bill. Fortunately, Koinly can help - you just need to import your Blockstream Green Wallet transactions. Here’s how.
Follow these steps to sync your Blockstream Green wallet data automatically to Koinly:
- Open your Blockstream Green wallet wallet app
- Copy the public address for every coin that you have on it (even the ones with a zero balance)
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find Blockstream Green wallet in the list
- Select API > Paste the public address/key you copied above in the appropriate box
- Hit Import and wait for Koinly to sync your data. This can take a few minutes
- Review your transactions on the Transactions page to ensure everything is tagged correctly and no missing data
- Go to the Tax Reports page to view your tax liability!
- Head over to our help center
- Hit up our discussion boards - we might have already answered your question
- Ask us on social media - we're on Twitter and Reddit
- Contact us on email or live chat
- Got a feature request? Give us feedback on Canny
FAQs
What is Blockstream Green Wallet?
The Blockstream Green Wallet is a secure, user-friendly Bitcoin wallet that supports both Bitcoin and Liquid Network assets. It offers robust security features, such as two-factor authentication with multi-signature technology, and supports integration with hardware wallets like Ledger and Trezor. Other features include fee control, privacy enhancements, and a multilingual interface. The wallet is open-source and available on iOS, Android, and desktop platforms, making it accessible to both beginners and developers.
Is Blockstream Green Wallet safe?
Blockstream Green Wallet is designed with security in mind and is generally considered a safe wallet. It uses multi-signature technology and two-factor authentication (2FA) to protect user funds. Additionally, it supports hardware wallet integration, allowing for an extra layer of security. The wallet’s open-source code enhances transparency and trust, as it can be reviewed by developers globally. Of course, your wallet is only ever as safe as you are, so you should always follow best security practices to keep your crypto safe.
Does Blockstream Green Wallet provide tax documents?
No, but you can use a crypto tax calculator like Koinly to do it for you, just add your Blockstream Green Wallet address(es) and Koinly will do the rest.
