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How to Connect Midas Investments and Koinly

How to connect Midas Investments with Koinly

Midas Investments is a custodial crypto investment platform that gives investors around the world the opportunity to make passive income from their crypto, with a multitude of high-yield investment opportunities for a range of assets, including BTC, ETH and USDC. Whatever your investments, Koinly can help calculate and report your Midas Investments taxes - just upload a CSV file.

How to connect Midas Investments to Koinly via CSV

Midas Investments doesn't provide a complete transaction history CSV file - instead, you'll need to export a CSV file for each cryptocurrency you have invested on the platform, for example, a Midas Investments BTC History CSV file or a Midas Investments ETH History CSV file.

As well as this, you'll also need to make a few tweaks to your CSV file before you can import it to Koinly, but this is really easy to do... here's how

On Midas Investments

  1. Log in to Midas Investments.
  2. Select the coin you want a CSV file for - for example, Bitcoin. Remember, you'll need to do this for each cryptocurrency you hold, or have ever held, in Midas Investments to get your complete transaction history.
  3. Select export CSV.

Once you have your CSV file(s), you'll need to manually amend them before you import your files to Koinly. Here's how.

How to amend your Midas Investments CSV files

1. Open your Midas Investments CSV file in Google Sheets (or any other spreadsheet editor, such as Excel).
2. You'll see that the columns of the spreadsheet have no names, which is a problem. Right-click on the first row and select "insert 1 row above" to add a row for the column names.
3. You now need to add the column names to the new row. These are the names:

  • The first column should be called "Koinly Date".
  • The second column should be called "Label".
  • The third column should be called "Amount".
  • The fourth column should be called "Balance".
  • The fifth column should be called "TxHash".

4. You also need to add a sixth column. You can name this column "Currency" and fill the column with the coin that was being used. For example, BTC, USDC or ETH.
5. Once you have added the column names and the missing column, your file should look similar to this sample file.
6. Now select file, then download, then download as .CSV file. This file can now be uploaded to Koinly.

Remember, you'll need to do this for all of your Midas CSV files as Koinly will not be able to recognize the files automatically until Midas adds column names to the file exports. Once you have your Midas CSV files formatted and ready to upload, here's how to add them to Koinly:

On Koinly

  1. Sign up or login into Koinly and head to the wallets page.
  2. Add a new wallet: Midas Investments.
  3. Select import from file.
  4. Upload your CSV file(s).

Need help connecting Midas Investments and Koinly?

If you need help checking your Midas Investment CSV file for accuracy, or you're having trouble uploading to Koinly, we have lots of helpful resources:

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.