Connect

Swyftx with Kryptos

OAuth Import

API Import

CSV File Import

Manual Import

Last updated:

2024-10-04

min read

Swyftx is an Australian cryptocurrency exchange offering over 300 digital assets for spot trading, along with features like staking and portfolio tracking. It provides a user-friendly experience with low fees and tools such as recurring buys.

With Kryptos, you can easily track your Swyftx portfolio in real-time and gain insights into your holdings. Simply connect your Swyftx account through API or CSV (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

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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.

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On Swyftx

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Log in to your Swyftx account and click on your profile icon.
Select Profile from the menu.
Click Transaction Reports on the left side.
Under Download a Transaction Report, select Custom.
Set the date range for your entire Swyftx trading history.
Click Download CSV.

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Good to know

You may need to repeat this process for multiple years to get your complete trading history.

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On Kryptos

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Sign up on Kryptos.io using your Google account.
Go to Integrations, select Swyftx, and choose Upload CSV.
Upload the downloaded files and click on Import Your Transactions.

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Managing Your Portfolio with Kryptos

After integrating your Swyftx account, Kryptos offers a suite of tools to help you manage and optimize your portfolio effectively. Here are some key use cases:

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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.

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Tax Reporting

How to Generate Tax Reports

Once you have integrated all of your wallets and exchanges, generating tax reports is straightforward:

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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.

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How are Swyftx 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.

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Kryptos automatically calculates these taxes based on your Swyftx transaction data, ensuring accuracy and compliance with local regulations.

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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.

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