How to do your Arc taxes with Koinly
Arc is a Layer-1 blockchain designed specifically for stablecoin-native finance.
If you are trading on Arc, you likely have a tax bill. Import your Arc transaction history to Koinly to calculate your crypto taxes.
Follow these steps to sync your Arc data automatically to Koinly:
- Open your Arc wallet app
- Locate and copy your public address or key
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find Arc 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 Arc blockchain?
Arc is a Layer-1 blockchain created by Circle (the issuer of USDC) and launched on the public mainnet on September 16, 2026. It uses USDC as its native gas token (EURC and USYC are also natively supported) and supports payments, lending, and treasury management. Arc uses Proof-of-Authority (PoA) with institutional validators including BlackRock, Visa, Mastercard, and the DTCC.
Is Arc safe?
Arc is considered relatively safe. It has strong institutional backing (BlackRock, Visa, and more) and several security features, including third-party monitoring of network activity to spot unusual behavior and a Bug Bounty program. However, Arc is still incredibly new, so you should always DYOR before making any investment decisions.
Does Arc provide tax documents?
No, Arc does not provide tax documents. If you are trading on Arc, you can import your transaction history into Koinly to calculate your taxes and generate country-specific tax reports.
