How to Connect BitMart with Kryptos

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API Import
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CSV File Import

How to Connect BitMart with Kryptos

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Last updated:
2023-03-07
Easily connect Bitmart, track your portfolio, and calculate crypto taxes stress-free with Kryptos

How To Calculate Your BitMart Taxes With Kryptos

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

How To Connect BitMart With Kryptos Using API

On BitMart :
  1. Log in to your BitMart account.
  2. Click on "API Management" in the top right corner of the page.
  3. Click on the "Create API" button.
  4. Enter a name for your API key and select the permissions you want to give it. 
  5. To create a read-only key, make sure the "Read" permission is selected and the "Trade" permission is not selected.
  6. Click on the "Create" button to generate your API key.
  7. Save your API key and secret key in a safe place. BitMart will not display the secret key again, so make sure to copy it to a secure location.

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

On BitMart :
  1. Log in to your BitMart account.
  2. Click on "Assets" in the top right corner of the page.
  3. Select the cryptocurrency you want to generate the trade history for.
  4. Click on "Transaction History" in the "Action" column for that cryptocurrency.
  5. Select the date range for which you want to generate the trade history.
  6. Click on the "Export CSV" button at the bottom of the page.
  7. Save the CSV file to your PC.
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 BitMart or select it from the list below.
  4. Now, click on the BitMart 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 BitMart 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 BitMart 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 BitMart

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