How to do your Leap Wallet taxes with Koinly
Leap Wallet is a hot wallet for the Cosmos ecosystem, supporting swaps, staking, IBC transfers, NFTs, governance, and more. But if you’ve been exploring the Cosmos ecosystem, you might have a tax bill. Fortunately, Koinly can help - you just need to import your Leap Wallet transactions. Here’s how.
Follow these steps to sync your Leap Wallet data automatically to Koinly:
- Open your Leap 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 Leap 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 Leap Wallet?
Leap Wallet is a non-custodial wallet for the Cosmos ecosystem, allowing users to manage assets, stake, swap, and engage with features like IBC transfers, governance, NFTs, and airdrops. It is available as a browser extension, mobile app, and web-based 'Leapboard'.
Is Leap Wallet safe?
Leap Wallet has been audited by independent blockchain security experts like Halborn & SCV to ensure its security is top-notch. However, your crypto is only ever as secure as you are and you should follow best security practices to ensure your investments are safe.
Does Leap Wallet provide tax documents?
No, but you can use a crypto tax calculator like Koinly to do it for you, just add your Leap Wallet address(es) and Koinly will do the rest.
