Connect Crypto.com
with Kryptos
The Crypto.com mobile app allows users to buy, sell, and manage a variety of cryptocurrencies securely. It supports features such as staking, earning interest on crypto, trading, and a Visa card for spending digital assets. The app offers real-time price tracking, portfolio management, and integration with DeFi, making it a versatile tool for both beginners and experienced traders.
With Kryptos, you can easily track your Crypto.com portfolio in real-time and gain insights into your holdings. Simply connect your Crypto.com account to Kryptos (see instructions below). Kryptos consolidates your transactions, provides a comprehensive view of your assets, and keeps your tax reporting ready in the background.
On Kryptos
- Go to Integrations, click Add Integration, and select Add Custom Wallet.
- Name and create your wallet, then click on the wallet icon.
- Select Import File, download the Kryptos Sample File, and fill it with your transaction data.
- Upload the completed file and click Import Transactions to sync.
On Crypto.com mobile app
- Open the Crypto.com app on your mobile device.
- Tap on Accounts at the bottom navigation menu.
- In the top right corner, tap the clock icon to view your transaction history.
- Tap the export icon in the top right corner to start the export process.
- Choose Crypto Wallet from the options.
- Set the start and end date for the export (up to 3 years at a time). To ensure accuracy, make sure you export all your transaction history, even if that requires downloading multiple files.
- Tap on Export to CSV to generate the report.
- Once the file is ready, tap Download to save the CSV file to your device.
On Kryptos
- Sign up on Kryptos.io using your Google account.
- Go to Integrations, select Crypto.com Mobile, and choose Upload CSV.
- Upload the downloaded files and click on Import Your Transactions.
Managing your Portfolio with Kryptos
After integrating your Crypto.com account, 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.com Transactions Taxed?
- Income Tax: If you earn rewards from staking, lending, or receive crypto payments, you may need to pay income tax.
- Capital Gains Tax: Profits from selling or disposing of crypto assets, such as Bitcoin or Ethereum, are typically subject to capital gains tax.
Kryptos automatically calculates these taxes based on your Crypto.com transaction data, ensuring accuracy and compliance with local regulations.
Security Measures
- Generate Secure API Keys: Ensure your API keys are read-only and store them securely.
- Regular Updates: Regularly update your API keys and review their permissions.
- Offline Storage: Store your API Secret key offline to prevent unauthorized access.
Troubleshooting and Support
Common Issues
- API Errors: Ensure your API keys are correct and have the necessary permissions.
- CSV Upload Issues: Verify the naming of the CSV files as mentioned above.
- Missing Transactions on CSV: Check the date range and account settings on Crypto.com.
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.