How to do your QuickSwap taxes with Koinly

Whatever your QuickSwap transactions, you'll need to figure out if you owe tax on them. Koinly can help. It's this simple:

  1. Sign up to Koinly and choose your country and currency.

  2. Connect the wallets you use to interact with QuickSwap to Koinly to import all your trades safely and securely

  3. Koinly identifies the cost basis of all your coins and tokens, as well as your taxable transactions.

  4. Koinly calculates any capital gains, losses, and income from your taxable transactions.

  5. Koinly generates your crypto tax report - ready to help you file with your tax office, or hand it over to your accountant.

How to import QuickSwap transactions to Koinly automatically

To import your QuickSwap transactions to Koinly, you'll need to connect each Polygon wallet you use to interact with QuickSwap. This is easy to do, you just need your public address - and we have steps on how to get your public address for all the most popular wallets on our integration pages.

On wallet

  1. Open or log in to your wallet

  2. Select the Polygon blockchain

  3. Copy your public address

On Koinly

  1. Sign up or log in to your Koinly account and go to wallets

  2. Search for and select Polygon

  3. Give your wallet a name - for example - MetaMask or Trust Wallet

  4. Paste your public address

  5. Select import


Remember, you'll need to connect every wallet you use with QuickSwap to Koinly in order to calculate your gains, losses, and income correctly.

How to use QuickSwap?

It's easy to use QuickSwap - all you need is a non-custodial wallet. QuickSwap supports:

  • MetaMask

  • Trust Wallet

  • OKX Wallet

  • Phantom Wallet

  • Brave Wallet

  • Coinbase Wallet

  • And many more WalletConnect-compatible wallets

Once you've got your wallet funded, all you need to do is connect to QuickSwap and you'll be able to trade, add liquidity, and more.

What can you do on QuickSwap?

You can use QuickSwap to:

  • Trade tokens including leveraged trading using perpetual crypto contracts

  • Provide liquidity to earn rewards

  • Earn dual rewards in QuickSwap farms

  • Stake QUICK to earn rewards

Is QuickSwap safe?

As a decentralized exchange, QuickSwap does not suffer from many of the risks associated with centralized exchanges. You always retain custody over your crypto when using dexes like QuickSwap. However, decentralized exchanges do come with other risks. QuickSwap was hit with a $220,000 flash loan attack back in 2022.

Your frequently asked questions

How are QuickSwap token swaps taxed?
How is QuickSwap liquidity supply taxed?
How is earn dQUICK taxed?