Dogechain is a blockchain platform designed to bring smart contracts, decentralized applications (dApps), and NFTs to Dogecoin users. It allows Dogecoin holders to bridge their DOGE to Dogechain and use it for DeFi, NFTs, and other decentralized use cases. Dogechain aims to expand the utility of Dogecoin by enabling access to a broader ecosystem of decentralized technologies, providing faster transactions and lower fees for users.
With Kryptos, you can easily track your Dogechain wallet in real-time and gain insights into your holdings, generate holdings and tax reports, and manage your portfolio.
Pick your import method.
On Dogechain
- Go to your Dogechain wallet.
- It can be Metamask, Exodus, or any wallet that supports the Dogechain Network.
- Copy your wallet address.
On Kryptos
- Go to Kryptos.io & signup using your Google account.
- From the menu, click on Integrations.
- Click on Add Integration, and search for Dogechain.
- Now, click on the Dogechain icon.
- Select Import using Address
- Name your wallet anything you would like.
- Paste your Dogechain wallet address.
- Click on Import Your Transactions. All transactions are directly imported and tagged by default.
Managing your portfolio with Kryptos
After integrating your Dogechain wallet, Kryptos offers a suite of tools to help you manage and optimize your portfolio effectively. Here are some key use cases:
- Real-Time Portfolio Tracking: Monitor your crypto assets with real-time insights into holdings, transactions, and market movements for informed decision-making.
- Asset Allocation Insights: Analyze the distribution of your investments, identify overexposures, and rebalance your portfolio to diversify and reduce risk.
- Integrated DeFi & Staking Overview: Manage both traditional crypto assets and DeFi investments, with a consolidated view of earnings and positions.
- Tax-Loss Harvesting: Identify opportunities to sell underperforming assets to offset gains and reduce tax liability, especially during year-end planning.
- Transaction Categorization: Automatically categorize transactions for better organization, making it easier to analyze your portfolio and generate reports.
Tax Reporting
How to generate Tax Reports
Once you have integrated all of your wallets and exchanges, generating tax reports is straightforward:
- Go to Reports from the main menu.
- Scroll down and you’ll see the “Reports” section.
- Choose your desired report and click on the Complete icon to download the report.
How are Dogechain transactions taxed?
- Income Tax: If you earn rewards from staking, lending, or receiving crypto payments, you may need to pay income tax.
- Capital Gains Tax: Profits from selling or disposing of crypto assets, such as HNT or BTC, are typically subject to capital gains tax.
Kryptos automatically calculates these taxes based on your Dogechain transaction data, ensuring accuracy and compliance with local regulations.
Troubleshooting and Support
Common Issues
- Invalid Credentials: Make sure to copy the entire wallet address string.
- Sync Failed: Make sure to copy the correct address from the respective network.
Support Channels
- Help Center: Visit the Kryptos Help Center for detailed guides and FAQs.
- Live Chat: Use the live chat option on the Kryptos website for immediate assistance.
- Email Support: Contact support@kryptos.io for email support.
FAQs
Can I connect multiple wallets and exchanges?
Absolutely. Kryptos allows you to connect multiple wallets and exchange accounts, providing a comprehensive view of your entire crypto portfolio. This data is then used to calculate your taxes and give you valuable insights.
Can Kryptos help with DeFi tax reporting?
Absolutely. Kryptos automatically generates tax-compliant reports based on your DeFi transactions, saving time and ensuring accuracy during tax season. This feature simplifies staying compliant with evolving regulations, making tax preparation hassle-free.
How do I get started with Kryptos?
Simply sign up for an account, connect your wallets or exchanges, and start using our tools for crypto tax calculations, portfolio management, and more. You can explore the platform through a free trial before committing to a paid plan.
Does Kryptos offer customer support?
Yes, we offer 24/7 customer support through multiple channels, including email, live chat, and a comprehensive help center, ensuring that you get timely assistance whenever you need it.
Does Kryptos store my private keys or access my funds?
No, Kryptos doesn’t store your private keys. We are a non-custodial platform, meaning that your assets remain under your control at all times.
How do I upgrade to a premium plan?
You can upgrade directly from your account dashboard. Choose the plan that suits your needs and follow the on-screen instructions.