Preparing Your SafePal Wallet Tax Reports

Quickly calculate your safepal wallet taxes and generate the appropriate tax reports to submit to your tax agency. Koinly completely integrates with SafePal Wallet and makes tax reporting a piece of cake.

CSV File Import

Here's what you need to do

The first - and in most cases the only - step is to download all your data from safepal wallet and import it into Koinly. There are a few ways you can do this:

  • There should be a history download option in SafePal Wallet that will generate a CSV file containing all your transaction data, simply import that file into Koinly and you are ready to generate your tax document.
  • If you prefer to have Koinly import your data automatically, you can add separate Koinly-wallets for each of your cryptocurrencies ex SafePal Wallet BTC, SafePal Wallet ETH etc using our Blockchain integrations. Then, simply add the public key or public address for each of your coins and let Koinly handle the rest.
  • If you only have a few transactions and the above method(s) are not possible for you, you can even add the transactions one by one via Koinly's web interface.

If you decide to import CSV files, you need to make sure to import your deposits/withdrawals and trades for ALL years !

That's pretty much it. The only other thing to be vary of is to tag your airdrops/forks so they appear as Income on your final crypto tax reports!