How to do your Tangem Wallet taxes with Koinly
Tangem Wallet is a cold, non-custodial hardware wallet that lets investors buy, sell, store, and trade thousands of cryptocurrencies and tokens on more than 35 different blockchains. Tangem Wallet helps you keep your crypto secure by keeping your private key offline and protecting your assets from hackers. But if you've got taxable transactions with Tangem Wallet - you'll still need to pay any tax due. Fortunately, Koinly can help make this simple - just connect your wallet automatically by API or upload a CSV file.
Follow these steps to sync your Tangem wallet data automatically to Koinly:
- Open your Tangem 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 Tangem 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
Your frequently asked questions...
What is Tangem Wallet?
The Tangem Wallet is a non-custodial hardware wallet that supports more than 35 networks and lets users buy, sell, store, and trade thousands of cryptocurrencies.
Is Tangem Wallet a hot or cold wallet?
Tangem Wallet is a cold hardware wallet that stores your private key offline to help protect your crypto.
What blockchains does Tangem Wallet support?
Tangem Wallet supports 38 different blockchains including Arbitrum, Avalanche C-Chain, Azero, BNB Beacon Chain, BNB Smart Chain, Bitcoin, Bitcoin Cash, Cardano, Chia, Cosmos, Cronos, Dash, Dogecoin, Ethereum, Ethereum Classic, Ethereum Fair, Ethereum PoW, Fantom Opera, Gnosis, Kaspa, Kava EVM, Kusama, Litecoin, NEAR Protocol, OctaSpace, Optimistic Ethereum, Polkadot, Polygon, Ravencoin, RSK, Ripple, Solana, Stellar, Tezos, Terra, Terra Classic, Ton, and TRON.
Do I have to pay tax on Tangem Wallet transactions?
Yes. Generally, wherever you live, your crypto will be subject to tax. Laws vary depending on your location but crypto is most often subject to Capital Gains Tax or Income Tax depending on the transaction. You can learn more in our crypto tax guides.
Does Tangem Wallet provide a tax report?
No. Tangem Wallet does not provide a tax report, but you can generate one using a crypto tax calculator like Koinly.
How do I do my Tangem Wallet taxes?
The easiest way to do your Tangem Wallet taxes is to use a crypto tax calculator like Koinly. With Koinly, all you need is your Tangem Wallet public address, and Koinly will automatically import your Tangem Wallet transaction data and calculate your gains, losses, and income before generating your crypto tax report.
