Preparing Your Compound Taxes

Here's how it works

Getting your Compound taxes in order is pretty straightforward; all you need is your Ethereum address.

  1. Go to the Wallets page on Koinly

  2. Search for ETH

  3. Click on the "ETH & Tokens" wallet and select Setup auto-sync

  4. Enter your Ethereum public address and hit save

That's it! Koinly has historical prices for all Compound cTokens and will use these to determine the correct cost-basis and ensure you don't overpay!