How It Works
The first - and in most cases, the only - step is to download all your transactions from FoxBit and upload it to Koinly. There are a couple of ways you can do that:
- As FoxBit has an API, the easiest way to do so is to just add your API keys (API key, API secret). Then Koinly will import all your transaction data, and you will be ready to create your tax document.
- If you don't have access to your API keys, you can also import transactions by importing CSV files.
- If the above method(s) is not possible for you, you can even add the transactions manually through Koinly's web interface.
If you decide to use CSV files, you need to make sure to import your deposits/withdrawals and trades for ALL previous years - 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 generated cryptocurrency tax forms!