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How to Connect WazirX with Kryptoskatt

Easily connect WazirX, track your portfolio, and calculate crypto taxes stress-free with Kryptoskatt
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API Import
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CSV File Import
Last Updated :
2023-03-07

How To Calculate Your WazirX Taxes With Kryptoskatt

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

  1. To get started – Sign up on Kryptoskatt here and choose your country and currency.
  2. Once done, link your WazirX account to Kryptoskatt. To do this, you can use any of the following three methods: 
  3. API. Add API Keys to Kryptoskatt 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. Kryptoskatt automatically categorizes all your WazirX 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 WazirX
  9. Generate the WazirX tax report for free and download it once everything looks good
  10. File your WazirX taxes online or leverage our crypto tax accountant network to help you out

How To Connect WazirX With Kryptoskatt Using API

On WazirX :
  1. Log in to your WazirX account and navigate to the API settings page. You can find this by clicking on your profile icon in the top right corner of the screen, and then selecting "API Management" from the dropdown menu.
  2. Click on the "Create API Key" button located in the top right corner of the page.
  3. On the "Create 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 Only" for all the permissions you want to grant to this key. This will enable read-only access to the specified features of your WazirX 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.

On Kryptoskatt :
  1. Go to kryptoskatt.com & signup using your Google account.
  2. From the menu, click on Add Wallets/Exchanges. Go to the Wallets/Exchanges page.
  3. Search for WazirX or select it from the list below.
  4. Now, click on the WazirX 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 WazirX With Kryptoskatt Using CSV

On WazirX :
  1. Log in to your WazirX account and navigate to the "Reports" page. You can find this by clicking on your profile icon in the top right corner of the screen, and then selecting "Reports" from the dropdown menu.
  2. On the "Reports" page, select "Trade History" from the list of report types.
  3. 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.
  4. Use the date filter at the top of the page to select the date range for which you want to generate the trade history.
  5. Click on the "Download CSV" button located at the bottom of the page.
  6. Your trade history CSV file will be generated and downloaded to your computer.
On Kryptoskatt :
  1. Go to kryptoskatt.com & signup using your Google account.
  2. From the menu, click on Add Wallets/Exchanges. Go to the Wallets/Exchanges page.
  3. Search for WazirX or select it from the list below.
  4. Now, click on the WazirX 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 WazirX 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 WazirX 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 WazirX

  1. When importing a CSV file, match your WazirX account Time Zone in the Kryptoskatt 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 WazirX To Kryptoskatt?

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@kryptoskatt.com.

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