How does it work?
The first and usually only step is to download all your transaction data from ByteTrade and upload it to Koinly. There are a few ways you can do this:
- As ByteTrade has an API, the easiest way to do so is to just add your read-only API keys (user id). Then Koinly will sync your transactions automatically, and you can generate a tax form.
- If you don't have access to your API keys, you can also import transactions by importing CSV files.
- If you only have a few transactions and the above method(s) are not possible for you, you can even add the transactions manually via Koinly's web interface.
If you decide to import CSV files, you must make sure to import your deposits/withdrawals and trades for ALL years and not just the current one!
That's all you have to do. Don't forget to tag your airdrops/forks so they appear as Income on your final crypto tax reports!