How to Connect OkCoin with Kryptos

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API Import
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CSV File Import

How to Connect OkCoin with Kryptos

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min read
Last updated:
2023-03-01
Easily connect OkCoin, track your portfolio, and calculate crypto taxes stress-free with Kryptos

How To Calculate Your OkCoin Taxes With Kryptos

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

How To Connect OkCoin With Kryptos Using API

On OkCoin :
  1. Log in to your OkCoin account.
  2. On the top right corner, look for the Profile Icon & select it. 
  3. In the drop-down menu, look for API Keys.
  4. Now select Create API Key.
  5. Name the API key anything you would like.
  6. Under Passphrase, create a new password to access the API Key.
  7. For an added layer of security, you can choose to whitelist certain IP addresses.
  8. Under Permissions, just select ‘Read’.
  9. Put in your email verification & SMS code after clicking on ‘Send Code’.
  10. Fill in the 2FA & click on Confirm.
  11. Save the API Key & the API Secret somewhere.

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

On OkCoin :
  1. Log in to your OkCoin account.
  2. Scroll over the top right corner & click on Assets.
  3. Go to Order History.
  4. Under Account history, select Funding Account & click on the Download icon on the right side.
  5. Select your date range.
  6. Select export.
  7. Once OkCoin is done processing, you will see a download option to save the CSV file.
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 OkCoin or select it from the list below.
  4. Now, click on the OkCoin 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 OkCoin 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 OkCoin 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 OkCoin

  1. When importing a CSV file, match your OkCoin 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 OkCoin 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.

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