Here's what you should do
The first and usually the only step is to download all your transactions from Ellipal Wallet and upload it to Koinly. There are a couple of ways you can do that:
- Look for a history download button in Ellipal Wallet that will create a CSV file containing all your transaction history, just import that file into Koinly and you can generate your tax document.
- If you prefer to have Koinly sync your transactions automatically, you can create separate Koinly-wallets for each of your cryptocurrencies ex Ellipal Wallet BTC, Ellipal Wallet ETH etc using our Blockchain integrations. Then, just add the public key or public address for each of your coins and let Koinly do the rest.
- If the above method(s) are not possible for you, you can even add the transactions one by one via Koinly's web interface.
Note that if you decide to use CSV files, you have to make sure to import your deposits/withdrawals and trades for ALL previous years !
That's it. Don't forget to tag your airdrops/forks so they appear as Income on your final crypto tax reports!