OKX Wallet is a multi-chain decentralized wallet developed by OKX, supporting a wide range of blockchains and digital assets. It allows users to store, manage, and trade cryptocurrencies, NFTs, and interact with decentralized applications (dApps) across different networks. The wallet is integrated with OKX’s ecosystem, providing easy access to DeFi protocols, staking, and yield farming. OKX Wallet emphasizes security, user-friendly design, and cross-chain functionality. With Kryptos, you can easily track your OKX wallet in real-time and gain insights into your holdings, generate holdings and tax reports, and manage your portfolio.
Pick your import method.
On Kryptos
- Go to Kryptos.io & sign up using your Google account.
- From the menu, click on Integrations.
- Click on Add Integration.
- Search for OKX Wallet in the search bar.
- Now, click on the OKX Wallet icon.
- Click on “Connect with OKX Wallet”
- On your OKX Wallet app, go to the dApps menu from the bottom and tap on the Scan icon on the bottom right.
- Scan the QR Code on Kryptos using your OKX Wallet app.
- Follow the instructions on the OKX Wallet app.
- Kryptos will automatically read all the wallet addresses.
- Click on “Import your Transactions”
- Sit back and let Kryptos synchronize with all of your wallets from OKX Wallet.
We currently support Ethereum and EVMs only for OKX wallet.
Managing your portfolio with Kryptos
After integrating OKX 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 crypto 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 AAVE, COMP or ETH, are typically subject to capital gains tax.
Kryptos automatically calculates these taxes based on your crypto 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
I’m already using another crypto tax software. Can I migrate to Kryptos?
Yes, Kryptos supports easy migration from popular platforms like Koinly, CoinTracker, and others. All you need to do is export your transaction data from your current platform and import it into Kryptos in a few simple steps. Our support team is here to assist you throughout the process if needed.
What is DeFi and how does Kryptos help manage DeFi assets?
DeFi, or Decentralised Finance, enables you to participate in financial activities such as lending, borrowing, and trading without the need for traditional intermediaries. Kryptos consolidates all your DeFi assets into one easy-to-use platform, helping you track, manage, and optimise your investments seamlessly.
Is Kryptos free to use?
Yes, Kryptos offers a 7 day free trial so you can experience the platform's features and benefits before subscribing. Learn more about our pricing structure and features now.
What is Kryptos?
Kryptos is a powerful Web3 finance platform designed to simplify and democratize access to financial operations on the blockchain. It offers seamless solutions for cryptocurrency tax calculation, real-time analytics, and tools to manage digital assets, making it easier for users to navigate the complexities of decentralized finance.
Is my DeFi data secure on Kryptos?
Yes, security is our top priority. Kryptos employs industry-leading encryption and secure data storage practices to ensure your DeFi transactions and personal data remain fully protected at all times.
Is Kryptos secure?
Yes, Kryptos places a strong emphasis on security. We use industry-standard encryption protocols to protect your data, and all transactions are secured on the blockchain. Your privacy and security are our top priorities.
How does Kryptos assist enterprises with tax and accounting?
Kryptos automates crypto tax calculations and ensures compliance, simplifying financial reporting and tax obligations for businesses of all sizes.