How to file your Nahmii taxes with Koinly
Nahmii is a Layer-2 scaling protocol for the Ethereum blockchain, offering high throughput, low latency, instant finality, and predictable fees. Whatever your Nahmii transactions, Koinly can help with your tax bill. Here's how.
Follow these steps to sync your Nahmii (NII) data automatically to Koinly:
- Open your Nahmii (NII) wallet app
- Locate and copy your public address or key
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find Nahmii (NII) 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
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FAQs
What is Nahmii?
Nahmii 2.0 is a scaling solution for the Ethereum blockchain that supports generalized smart contracts with composability, built around the Nahmii Virtual Machine and its patent-pending State Pool Technology. It offers low latency, instant finality for transactions, fixed low fees, and doesn't rely on regular commits to the Ethereum base layer. Designed for commercial and institutional scaling, Nahmii provides a scalable and cost-effective solution for Ethereum.
What are NII tokens?
NII tokens are the native token of the Nahmii network. These tokens can be used for transactions, payments, and transfers, as well as bought, sold, and traded like any other cryptocurrency.
Do I have to pay tax on my Nahmii transactions?
Yes, your NII transactions may be taxable. Tax varies depending on your location and the transactions you're making but you'll generally pay either Capital Gains Tax or Income Tax on your crypto. Learn more about crypto tax in your country.
How do I calculate my Nahmii taxes?
The simplest way to calculate your Nahmii taxes is with Koinly. Just add your public address and Koinly will import your transaction data, calculate your profits, and generate your crypto tax reports.
