How To Calculate Your Crypto.com Taxes With Kryptos

Crypto.com is one of the most popular exchanges in the world for crypto trading. If you are using Crypto.com, 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 Crypto.com 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 Crypto.com 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 Crypto.com
9. Generate the Crypto.com tax report for free and download it once everything looks good
10. File your Crypto.com taxes online or leverage our crypto tax accountant network to help you out

Note: Crypto.com and Crypto.com Mobile App have separate ways and methods for integration. This is a guide for both types. We currently do not support futures trading. You can add your futures transactions manually after integrating Crypto.com or Crypto.com Mobile app.

How To Connect Crypto.com With Kryptos Using API

On Crypto.com :

1. Log in to your Crypto.com account and navigate to the "API" page. You can find this by clicking on your profile icon in the top right corner of the screen, and then selecting "API" from the dropdown menu.
2. On the "API" page, click on the "Create New API Key" button located in the top right corner of the page.
3. On the "Create New API Key" page, you will need to configure your API key settings. First, give your API key a name in the "Label" field. This can be anything you want, but it's best to choose a name that will help you identify the key later.
4. Under the "Permissions" section, select "Read" for all the permissions you want to grant to this key. This will enable read-only access to the specified features of your Crypto.com account.
5. After configuring your settings, click the "Create" button at the bottom of the page.
6. Your new API key will now be displayed on the screen. Make sure to copy both the API key and the secret somewhere safe, as you will not be able to view them again after leaving this page.

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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 Crypto.com or select it from the list below.
4. Now, click on the Crypto.com 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 Crypto.com With Kryptos Using CSV

On Crypto.com :

1. Log in to your Crypto.com account and navigate to the "Trade History" page. You can find this by clicking on your profile icon in the top right corner of the screen, and then selecting "Trade History" from the dropdown menu.
2. On the "Trade History" page, select the trading pair for which you want to generate the trade history. You can do this by selecting the corresponding trading pair from the dropdown menu.
3. Use the date filter at the top of the page to select the date range for which you want to generate the trade history.
4. Click on the "Export" button located at the top right corner of the page.
5. Choose "CSV" as the file format you want to export.
6. Click on the "Export" button to generate the CSV file.
7. Your trade history CSV file will be generated and downloaded 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 Crypto.com or select it from the list below.
4. Now, click on the Crypto.com 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 To Connect Crypto.com Mobile App With Kryptos Using CSV

On Crypto.com :

1. Start by opening your Crypto.com app.
2. From the home screen, select 'Accounts' at the bottom.
3. In the upper-right corner, tap the clock-like 'Transaction History' icon.
4. Look for the 'Export' button, also in the top-right corner, and tap it.
5. Choose 'Crypto Wallet' from the available options.
6. Set a 'Start' and 'End' date for your export. Note: Koinly requires your full transaction history, and the app allows up to 3 years per export, so you might need to generate several files.
7. Tap 'Export to CSV' to prepare your file.
8. Once the file is ready, select 'Download' to save it to your device.

On Kryptos :

1. Go to kryptos.io & signup in using your Google account
2. You can now use Kryptos mobile app to integrate Crypto.com as well.
3. On Kryptos, in the search bar, look for Crypto.com Mobile.
4. Name your wallet anything you would like.
5. Upload the CSV file that you downloaded from your Crypto.com mobile app.
6. Sit back and relax while Kryptos calculates your tax reports.
7. If you wish to download your reports, go to the Reports section from the menu and download your desired tax reports. 

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How are Crypto.com 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 Crypto.com 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 Crypto.com

1. When importing a CSV file, match your Crypto.com 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 Crypto.com 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.