Preparing Your Liquid Taxes

As the first step in your crypto tax process, you will need to upload all your transactions to Crypto Tax Calculator. For Liquid there are two ways to do so, through an API upload or through a CSV history file upload. Either will work and allow Crypto Tax Calculator to calculate your crypto taxes and specifically your Liquid tax obligation.

Using An API

The easiest way to transfer data is to generate an API key and share the details with Crypto Tax Calculator.

On Liquid:

1. Open the Liquid API page
2. Click Create a New Token button
3. Select Accounts: Read and select executions: Read
4. Type the 2FA code (if enabled)
5. Click Create an API Token

On Crypto Tax Calculator:

1. Once logged in navigate to the Import page and select Liquid 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

Using a CSV upload

The alternative to using an API is downloading your transaction data from Liquid and uploading the files to Crypto Tax Calculator.

On Liquid:

1. Navigate to the funds/wallet section in the top right corner
2. Select the date range and export via email (you might have to do this multiple times for all your transactions)

On Crypto Tax Calculator:

1. Once logged in navigate to the import page
2. Select Liquid from the dropdown menu
3. Click the import button and upload all the files you have downloaded from Liquid

Wrapping Up

Once you have uploaded all your crypto data Crypto Tax Calculator 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.