How To Calculate Your BigONE Taxes With Kryptos

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

How To Connect BigONE With Kryptos Using API

On BigONE :

1. Log in to your Bigone account.
2. Click on your account name in the top right corner and select "API Management" from the dropdown menu.
3. On the API Management page, click the "Create API Key" button.
4. Give your API key a name and select the permissions you want to grant. To create a read-only API key, make sure to only select the "Query" permission.
5. Once you've selected the appropriate permissions, click the "Create" button.
6. Bigone will generate an API key and a secret key for you. Keep these keys safe and secure as they allow access to your account. Note that the secret key will only be displayed once, so make sure to copy it down or save it in a secure location.

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

On BigONE :

1. Log in to your Bigone account.
2. Click on your account name in the top right corner and select "Transaction History" from the dropdown menu.
3. On the Transaction History page, select the trading pair for which you want to generate the CSV file. You can also select a date range for the trade history data.
4. Once you've selected the trading pair and date range, click the "Export" button.
5. Bigone will generate a CSV file of your trade history data.

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 BigONE or select it from the list below.
4. Now, click on the BigONE 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.

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How are BigONE 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 BigONE 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 BigONE

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