How to do your Holdstation Wallet taxes with Koinly
Holdstation Wallet is a non-custodial, smart contract wallet for futures trading. But your transactions might come with a tax bill. Simply connect to Koinly to calculate your Holdstation Wallet taxes easily. Here's how.
Follow these steps to sync your Holdstation Wallet data automatically to Koinly:
- Open your Holdstation Wallet wallet app
- Copy the public address for every coin that you have on it (even the ones with a zero balance)
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find Holdstation Wallet 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 Holdstation Wallet?
Holdstation Wallet is a self-custodial, smart contract-based wallet designed to enhance user control and security in cryptocurrency trading. It integrates with EVM-compatible blockchains, enabling seamless access to DeFi applications and futures trading platforms. The wallet supports a wide range of assets, including NFTs, and offers features such as one-click trading, gas fee sponsorship, and the ability to pay transaction fees with stablecoins like USDC or USDT. By leveraging Account Abstraction (ERC-4337) technology, Holdstation simplifies complex blockchain interactions, providing a user-friendly experience.
Is Holdstation Wallet safe?
Holdstation Wallet is designed with safety in mind, leveraging self-custodial features that give users full control over their private keys and assets. It utilizes Account Abstraction (ERC-4337) technology, which enhances transaction security and simplifies blockchain interactions. The wallet supports gas fee sponsorships and stablecoin fee payments, reducing reliance on volatile tokens for transactions. However, the security of your crypto also depends on you following best security practices, protecting your private keys, avoiding phishing scams, and more.
Does Holdstation Wallet provide tax documents?
No, but you can use a crypto tax calculator like Koinly to do it for you, just add your Holdstation Wallet address(es) and Koinly will calculate your taxes for you.