How It Works
The first and usually only step is to download all your transactions from LakeBTC and import them into Koinly. There are a couple of ways you can do this:
- As LakeBTC has an API, the easiest way to do so is to just connect your API keys (API key, API secret). Then Koinly will download all your history automatically, and you are ready to create a tax form.
- If you don't have access to your API keys, you can also import transactions by importing CSV files.
- If the above method(s) is not possible for you, you can even add the transactions manually via Koinly's web interface.
Note that if you want to use CSV files, you must make sure to import your deposits/withdrawals and trades for ALL years - not just the current one!
That's it. The only other thing to be vary of is to tag your airdrops/forks so they appear as Income on your final cryptocurrency tax reports!