Preparing Your Crypto.com Taxes
As the first step in your crypto tax process, you will need to upload all your transactions to CryptoTaxCalculator. For crypto.com there are two ways to do so, through an API upload or through a CSV history file upload. Either will work and allow CryptoTaxCalculator to calculate your crypto taxes and specifically your crypto.com tax obligation.
The easiest way to transfer data is to generate an API and share the details with CryptoTaxCalculator.
On crypto.com: 1. Login to your Crypto.com exchange account 2. Go to Settings > API Keys > Create new API key 3. Enter cryptotaxcalculator in the label and your 2FA code 4. Click on Create API, set IP restriction to Unrestricted.
On CryptoTaxCalculator: 1. Once logged in navigate to the Import page and select crypto.com from the dropdown menu 2. Paste in your API key, secret key, and passphrase used to create the API 3. The process might take a few minutes but in the meantime, you can upload data from your other exchange accounts and wallets
The alternative to using an API is downloading your transaction data from crypto.com and uploading the files to CryptoTaxCalculator.
On crypto.com: 1. Open your Crypto.com app and go to the Accounts tab 2. Click on the Transaction history button in the top-right corner 3. Click on the EXPORT button in the top-right corner 4. Select Crypto wallet under the Transaction drop down 5. Select a Start date that includes all your transactions 6. Select End date as today
On CryptoTaxCalculator: 1. Once logged in navigate to the import page 2. Select crypto.com from the dropdown menu 3. Click the import button and upload all the files you have downloaded from crypto.com
Once you have uploaded all your crypto data CryptoTaxCalculator can calculate your portfolio breakdown and crypto tax obligation. If for some reason you can’t upload your transactions you can add them individually on the review transactions page.
All content in this article is general information only and does not constitute financial, tax or legal advice. It is not intended to be used by anyone for the purpose of financial advice, legal advice, tax advice, tax avoidance, promoting, marketing or recommending to any other party any matter addressed herein. For tax, financial or legal advice please consult your own professional.