How to File Your OceanEx Taxes with Koinly
OceanEx is an AI-powered crypto exchange, launched in 2018, serving investors worldwide trading on the VeChainThor Ecosystem. Whatever your OceanEx investments, Koinly can help with your crypto taxes. Here's how.
Follow these steps to sync your OceanEx data automatically to Koinly:
- Log in to your OceanEx account
- Go to the API settings page
- Create a new api key for Koinly
- Make sure to give it permission to read your deposits/withdrawals/trades. Koinly does NOT need access to your funds so you should disable any fund management permissions.
- Copy your API key and API secret
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find OceanEx in the list
- Select API > Paste the API keys 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
How do I file my OceanEx taxes?
You'll need to calculate and report any income or capital gains you made from Bitcoin with your tax office. For most people, this happens as part of your annual tax return.
There are a couple of ways you can do this - do it yourself, by identifying your taxable transactions, calculating your net capital gain or loss, and the fair market value of any crypto income.
Or, use a crypto tax calculator like Koinly to easily calculate your taxable income for you, and generate your crypto tax report, ready to file with your tax office. Koinly lets you manage all your crypto transactions - from all the blockchains, wallets, and exchanges you use - from one single platform, making crypto tax simple.
Koinly works by importing your crypto transaction data to analyze what's taxable, and what's not. All you need to do is upload your OceanEx CSV files or connect using API. Due to the API limitations, you may find it easier to use CSV files.
Your frequently asked questions
Does OceanEx provide tax documents?
No. OceanEx does not provide tax documents for users, instead you'll need to export your OceanEx transaction history and calculate your taxes yourself, or use crypto tax software like Koinly to do it for you.
How do I get tax reports and forms from OceanEx?
The simplest way to get your OceanEx tax report is to upload your OceanEx CSV files to Koinly and let it calculate your taxes for you and generate your crypto tax report.
Does OceanEx provide financial or end of year statements?
OceanEx provides users with CSV files of their transaction history, and users can pick set date ranges like one month or one year.
Is OceanEx safe?
OceanEx offers account security features like Google Authenticator & email 2FA and is partnered with CertiK, a leading blockchain security provider. However, as always, whenever you're not actively trading, you should always store your crypto in a non-custodial, hardware wallet to keep it safe.
Which countries can I use OceanEx in?
OceanEx serves crypto investors globally but with some notable exceptions including the USA, China, Japan, Sudan, Syria, North Korea, Iran, Liberia, Cuba, Ivory Coast, Macedonia, South Sudan, Belarus, Congo, Zimbabwe, Central African Republic, Albania, Lebanon, Libya, Eritrea, Somalia, Myanmar, Yemen, Afghanistan, Iraq, Bosnia-Herzegovina, Burundi, Chad, Crimea, and Venezuela.
