How to file your Cyber taxes with Koinly
Cyber is a decentralized Web3 social protocol that allows users to own their digital identity, content, and connections. But if you have CYBER transactions, you might have a tax bill. Koinly can help. Here's how.
Follow these steps to sync your CYBER data automatically to Koinly:
- Open your CYBER wallet app
- Locate and copy your public address or key
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find CYBER 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 Cyber blockchain?
The Cyber blockchain is a decentralized Web3 social protocol that allows users to own their digital identity, content, and connections. It provides tools like CyberAccount, CyberGraph, and CyberNetwork to ensure data ownership, seamless identity movement, and efficient transactions. The native token, CYBER, powers the ecosystem, enabling governance, gas fee payments, content monetization, and social interactions. Designed for scalability and user control, Cyber blockchain empowers developers to build interoperable social applications while prioritizing user autonomy and data privacy.
Do I have to pay tax on my Cyber transactions?
Yes, gains and income from crypto are generally subject to Capital Gains Tax or Income Tax, depending on your location and your specific transactions. For more info, check out our crypto tax guides.
How do I calculate my Cyber taxes?
The simplest way to calculate your Cyber taxes is by using Koinly. Simply add your address, and Koinly will automatically import your Cyber transaction data and calculate your gains, losses, income, and more.
