How to Connect eToro and Koinly
Effortlessly calculate your eToro taxes with Koinly and generate the appropriate tax reports to submit to your tax authority.
How to connect eToro with Koinly
eToro is a popular crypto exchange worldwide, offering investors low fees and an easy to use interface. For new crypto investors, eToro has a virtual dummy account to give you a trial run navigating the world of crypto before you dive in head-first. There's also excellent advice and strategies from more experienced crypto investors available within the platform.
How to get a tax statement from eToro
You might be wondering, does eToro provide CSV tax and trade history reports? Is it even possible to get tax info and statements from eToro? What about a eToro tax API? The good news is, while eToro might not provide tax forms and documents, eToro does offer one easy way to export transaction and trade history!
eToro pairs with Koinly through Excel file import to make reporting your crypto taxes easy. Once connected, Koinly becomes the ultimate eToro tax tool. How? Koinly will calculate your eToro taxes based on your location AND generate your EOFY tax report, all within 20 minutes! All you’ll need to do at tax time is download your eToro tax statement from Koinly and file it with your local tax authority. Done!
How to import your eToro tax report Excel file to Koinly
On eToro
- Log in to your eToro account.
- Select portfolio from the left hand menu.
- From the menu at the top, select history.
- Select the settings icon in the top right corner.
- Select account statement.
- Select your time frame.
- Select export. Make sure you pick the Excel file format, not the PDF format.
On Koinly
- Sign up or log in to your Koinly account and go to the wallets page.
- Select add new wallet: eToro.
- Select import from file.
- Upload your excel file.
Good to know
Even though you're only reporting your current financial year to your tax authority - Koinly needs your complete transaction history from eToro to calculate your long and short-term gains accurately. You can set a custom date period when you select the date range to make sure this is included in your Excel file. You don't need to amend your Excel file from eToro in anyway - Koinly accepts the file as a whole, just download it from eToro and upload it to Koinly.
How do I check if my eToro import is accurate?
If you need help connecting eToro and Koinly - here's where to find it:
- Our help forum has guides on everything Koinly.
- Our discussion boards have lots of FAQs on all exchanges.
- We’re on Twitter and Reddit if you want to speak to us.
- Or contact us to speak to an expert.