How to do your SimpleSwap taxes with Koinly
SimpleSwap is a crypto exchange that focuses on making crypto trading easy and fast, with thousands of trading pairs available. Whatever your SimpleSwap investments, Koinly can help with your crypto taxes.
- Sign up to Koinly and choose your country and currency
- Connect SimpleSwap with Koinly to import all your SimpleSwap trades safely and securely
- Koinly categorizes SimpleSwap transactions into gains, losses, and income
- Download your SimpleSwap tax report from Koinly
- File your SimpleSwap taxes online or with your crypto tax accountant
How to integrate SimpleSwap with Koinly using CSV
It's easy to integrate SimpleSwap and Koinly, all you need to do is upload a CSV file of your SimpleSwap transaction history. Here's how to get your file.
How to export your SimpleSwap transaction history CSV file
- Log in to SimpleSwap
- Go to my account in the top right corner
- Select history from the drop-down menu
- Select history in the menu on the left
- Select export next to exchange history
How to upload your SimpleSwap CSV to Koinly
Now you've got your SimpleSwap CSV file, here's how to upload it to Koinly.
- Sign up or login into Koinly and head to the wallets page
- Add a new wallet: SimpleSwap
- Select import from file
- Upload your CSV file(s)
Important
When downloading your CSV files, check that the file covers your full trading history.
How do I troubleshoot my SimpleSwap integration to Koinly?
We have lots of helpful resources if you're having any trouble:
- 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 or Reddit
- Contact us by email or live chat
- Got a feature request? Give us feedback on Canny
Calculate your SimpleSwap taxes
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Does SimpleSwap have tax documents?
No. SimpleSwap does not issue users with tax documents. Instead, you'll need to export your SimpleSwap transaction history as a CSV file. You can then do your taxes yourself or use a crypto tax app like Koinly to do it for you.
How do I get my tax report from SimpleSwap?
The easiest way to get a SimpleSwap tax report is to upload your SimpleSwap transaction history as a CSV file to Koinly. Koinly can then calculate your gains, losses, income, and more and generate your crypto tax report, ready to file with your tax office.
Do I have to pay taxes on SimpleSwap?
Yes. Regardless of where you live - your tax office wants to know about your crypto. Generally speaking, crypto is subject to either Capital Gains Tax or Income Tax depending on your transactions. You can learn more about how crypto is taxed where you live in our crypto tax guides.
Does SimpleSwap provide financial or end of year statements?
No. SimpleSwap does not provide financial or end of year statements for users, but you can export your SimpleSwap transaction history as a CSV file.
Can I use SimpleSwap in the US?
No. SimpleSwap doesn't currently serve users in the USA.
Does SimpleSwap require KYC?
You don't even need to sign up to get started using SimpleSwap (although there are then limits in place on how much you can trade), but if you do sign up, you can get started trading without KYC. But a word of warning, to deal with any transaction issues or other problems, the platform requires mandatory KYC.