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How To Connect Decred with Koinly

Decred pairs perfectly with Koinly to make crypto tax easy! 🤝 Connect Decred to Koinly to quickly calculate your taxes. ⚡ Just follow a few simple steps! 🖱️

API Import CSV File Import

Decred is a decentralized and self-governing, cryptocurrency. It features a hybrid consensus system and has community-based governance integrated into the system. Being a community-driven cryptocurrency, it provides an alternative to money that is not only decentralized but fair and sovereign. Regardless of your investments, it's fair to say when it comes to tax time, crypto can be challenging - Koinly can help make your blockchain taxes easier.

It's simple to connect Koinly to the Decred blockchain. All you need is your public address or CSV file upload. Once connected, Koinly imports all your trades automatically. Then Koinly does all of the work for you. It calculates all your gains, income and expenses with easy-to-spot totals ready for your tax return. At tax time, simply download the Koinly tax report for your country and you’re good to file!

How to find your Decred public address

You can find your public address in the wallet you use to interact with Decred, in most instances your public address can be generated from within your Decred wallet.

We have instructions on how to do this for a variety of popular wallets on our integration pages.

Please note: you’ll need to add your public address from every wallet you use to interact with Decred in order for Koinly to calculate your crypto taxes correctly.

Once you have your public address, here’s how to connect to Koinly.

How to connect Decred to Koinly via API

On Koinly

  1. Sign up or login into Koinly and head to the wallets page.
  2. Select add new wallet in the top right corner.
  3. In the search bar, search for Decred.
  4. Select Decred.
  5. Enter your Decred public address.
  6. Select import.

How to connect Decred to Koinly via CSV

Depending on the Decred wallet you’re using, you should be able to export a CSV file of your transaction history directly from your wallet.

You can do this in one of two ways:

  • There should be a history download button in Decred that will generate a CSV file containing all your transaction data, simply import it into Koinly and you are ready to create your tax report. You may alternatively be able to use a blockchain explorer to get a CSV file of your Decred transaction history.
  • If you only have a few transactions and the above method(s) are not possible for you, you can also add the transactions one by one via Koinly's web interface.

We’ve got instructions on how to get a CSV file from a number of crypto wallets on our integration pages.

How do I troubleshoot my Decred integration to Koinly?

Something still doesn’t look right on your report? Not to worry - there’s plenty of help available: