How To Calculate Your Bitget Taxes With Kryptos

Bitget is one of the most popular exchanges in the world for crypto trading. If you are using Bitget, follow these steps to easily connect it with Kryptos – auto-sync all your transactions, analyze your portfolio and calculate your crypto taxes in minutes.

1. To get started – Sign up on Kryptos here and choose your country and currency.
2. Once done, link your Bitget account to Kryptos. To do this, you can use any of the following three methods: 
3. API. Add API Keys to Kryptos and import everything at once.
4. CSV. If you do not have API keys, don't worry! We also support CSV files to import all your transactions.
5. Manually. Import transactions manually using our custom CSV upload feature.
6. View and analyze all your transactions in a single dashboard and manage your portfolio
7. Kryptos automatically categorizes all your Bitget transactions into gains/losses or income.
8. Now you can sit back and relax while we calculate your Capital Gains Tax and Income Tax from Bitget
9. Generate the Bitget tax report for free and download it once everything looks good
10. File your Bitget taxes online or leverage our crypto tax accountant network to help you out

How To Connect Bitget With Kryptos Using API

On Bitget :

1. Log in to your Bitget account.
2. Navigate to the "API Management" page by clicking on your profile picture at the top right corner of the page, and then selecting "API Management" from the drop-down menu.
3. Click on the "Create API Key" button on the API Management page.
4. Enter a name for your API key in the "API Key Name" field.
5. Select the permissions for your API key. Since you want a read-only key, select the "View" permission only.
6. Click on the "Create API Key" button to generate the key.
7. Note down the API key and the secret key. You will not be able to view the secret key again once you leave this page, so make sure to copy it down somewhere safe.

On Kryptos :

1. Go to kryptos.io & signup using your Google account.
2. From the menu, click on Add Wallets/Exchanges. Go to the Wallets/Exchanges page.
3. Search for Bitget or select it from the list below.
4. Now, click on the Bitget icon.
5. Choose Import using API Keys.
6. Paste your API Key & API Secret.
7. Click on Import Your Transactions. All transactions are directly imported and tagged by default.
8. If you wish to import custom history, select Advanced Options. Now you can specify the start and end date of your transaction history.

How To Connect Bitget With Kryptos Using CSV

On Bitget :

1. Log in to your Bitget account.
2. Click on the "Assets" tab on the top navigation menu.
3. Select the "Trade History" option from the drop-down menu.
4. Choose the trading pair for which you want to generate the trade history CSV file.
5. Set the date range for which you want to generate the trade history CSV file.
6. Click on the "Export" button to generate the CSV file.
7. The CSV file will be downloaded automatically to your computer.

On Kryptos :

1. Go to kryptos.io & signup using your Google account.
2. From the menu, click on Add Wallets/Exchanges. Go to the Wallets/Exchanges page.
3. Search for Bitget or select it from the list below.
4. Now, click on the Bitget icon.
5. Choose Upload CSV.
6. Click on Import Your Transactions. All transactions are imported and tagged by default.
7. If you wish to import custom history, select Advanced Options. Now you can specify the start and end date of your transaction history.

How are Bitget transactions taxed?

The crypto tax laws may vary depending on the country you reside in and other factors such as your filing status, income bracket, and marital status. But, in general, there are mainly two types of taxes applicable to Bitget transactions.

• Income Tax- If you are earning rewards (e.g. through lending or staking) or maybe receiving, you may need to pay income tax.
• Capital Gains Tax- If you profit from the disposal of your crypto assets (e.g. by selling your tokens, Bitcoin,  Ethereum, etc.), you incur capital gains tax. 

Important things to keep in mind while integrating Bitget

1. When importing a CSV file, match your Bitget account Time Zone in the Kryptos import form.
2. While creating a new key, make the API key read-only.
3. Keep your API Key and API Secret somewhere safe, preferably offline. 

Facing Issues While Connecting Bitget To Kryptos?

Go to Resources and head over to the Help Centre page from the dropdown menu. Or send us your queries via the Support Desk. If there’s a critical or urgent issue that needs to be resolved, you can use our live chat option on the right side of the screen or email us at support@kryptos.io.