To get started, simply connect Koinly to the Elrond blockchain via your public address. Once connected, Koinly imports all your trades automatically. Next, Koinly calculates all your gains, income, and expenses with easy-to-spot totals ready for your tax return. At tax time, simply download the Koinly tax report for your country, and you’re good to file!
You can find your public address in the wallet you use to interact with the MultiversX blockchain - for example, Trust Wallet or Ledger.
We have instructions on how to do this for a variety of popular wallets on our integration pages.
Please note: you’ll need to add your public address from every wallet you use to interact with EGLD in order for Koinly to calculate your crypto taxes correctly.
We recommend checking through your imported transactions on Koinly to see if everything is imported, and that your transactions are correctly tagged.
Koinly’s crypto tax software is smart, but incorrectly imported data can cause issues.
Checking your transactions and correcting any inaccuracies lets Koinly calculate and generate the most accurate tax reports for you.
It's really helpful to use our Getting Started Guide before reviewing your transactions. This can help you identify and resolve any issues in no time at all.
Something still doesn’t look right on your report? Not to worry - there’s plenty of help available: