How to do your Ultimate Wallet taxes with Koinly
Ultimate Wallet is a self-custodial wallet that supports Solana, Bitcoin, and Ethereum, owned by Jupiter DEX. But if you have Ultimate Wallet transactions, you may have a tax bill. Koinly can help you calculate your Ultimate Wallet taxes easily - here's how.
Follow these steps to sync your Ultimate Wallet data automatically to Koinly:
- Open your Ultimate 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 Ultimate 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
FAQs
What is Ultimate Wallet?
Ultimate Wallet is a self-custody crypto wallet that enables users to buy and sell tokens and NFTs on blockchains such as Solana, Ethereum, and Bitcoin. As a non-custodial wallet, it ensures users have full control over their private keys, which are securely stored in the device's secure enclave. In April 2024, Ultimate Wallet and its mobile team were acquired by Jupiter, a leading decentralized exchange aggregator on Solana.
Is Ultimate Wallet safe?
Ultimate Wallet is designed with safety in mind, as it is a self-custody wallet, meaning users retain full control of their private keys. These private keys are securely stored within the device’s secure enclave and can be backed up in encrypted form to cloud services like iCloud or Google Drive. This approach ensures that only the user has access to their funds, and the wallet does not rely on third parties for custody. As ever though, your crypto is only as secure as you are so you should always follow best security practices to keep your crypto safe.
Does Ultimate Wallet provide tax documents?
No, but you can use a crypto tax calculator like Koinly to do it for you, just add your Ultimate Wallet address(es) and Koinly will do the rest.
