How to connect Dash with Kryptos

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Blockchain Auto-Sync

How to connect Dash with Kryptos

by
Varun Mehra
Reviewed by
5
min read
Last updated:
2024-01-15
Follow the steps below and get insights into your Dash on-chain transactions and file your crypto taxes stress free with Kryptos

How To Calculate Your Dash Taxes With Kryptos

Dash (DASH) is a cryptocurrency known for its emphasis on privacy and fast transactions. Launched in 2014, it uses a two-tier network with miners and Masternodes, the latter enabling unique features like InstantSend and PrivateSend. Dash stands out for its decentralized governance and funding system, allowing quick, community-driven development. It aims to offer a user-friendly, scalable digital currency platform suitable for both peer-to-peer and merchant transactions.

If you are using Dash, follow these steps to 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 Dash wallet to Kryptos. 
  3. View and analyze all your transactions in a single dashboard and manage your portfolio
  4. Kryptos automatically categorizes all your Dash transactions into gains/losses or income.
  5. Now you can sit back and relax while we calculate your Capital Gains Tax and Income Tax.
  6. Generate the Dash tax report for free and download it once everything looks good.
  7. File your Dash taxes online or leverage our crypto tax accountant network to help you out.

How To Connect Dash With Kryptos 

On Dash :

  1. Go to your browser-based or any Dash wallet.
  2. It can be Exodus, Ledger, or any wallet that supports the Dash blockchain.
  3. Copy your wallet address.

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 Dash or select it from the list below.
  4. Now, click on the Dash icon.
  5. Name your wallet anything you would like.
  6. Paste your Dash wallet address.
  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.
  9. You can specify the start and end date of your transaction history.
  10. Sit back and let Kryptos generate the report for you!

How are Dash 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 Dash transactions.

  • Income Tax- If you are earning rewards (e.g. through lending or staking) or 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, DASH, BTC, ETH, etc.), you incur capital gains tax. 

Essential things to keep in mind while integrating Dash

  • In your wallet, make sure you’ve selected the correct network.
  • Do not use your private keys for integrations on Kryptos.

Facing Issues While Connecting Dash 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 a critical or urgent issue 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.

Ready To Experience A Stress-Free Crypto Tax Journey?

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