How to connect Uniswap Wallet with Kryptos & Generate Tax Reports

Select Icon
Blockchain Auto-Sync

How to connect Uniswap Wallet with Kryptos & Generate Tax Reports

by
Varun Mehra
Reviewed by
5
min read
Last updated:
2023-08-30
Follow the steps below and get insights into your Uniswap Wallet and file your crypto taxes stress free with Kryptos

How To Calculate Your Uniswap Wallet Taxes With Kryptos

If you are using Uniswap wallet, follow these steps to 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 Uniswap wallet to Kryptos. 
  3. View and analyze all your transactions in a single dashboard and manage your portfolio
  4. Kryptos automatically categorizes all your Uniswap transactions into gains/losses or income.
  5. Now you can sit back and relax while we calculate your Capital Gains Tax and Income Tax from your Uniswap wallet!
  6. Generate the Uniswap tax report for free and download it once everything looks good.
  7. File your Uniswap taxes online or leverage our crypto tax accountant network to help you out.

How To Connect Uniswap Wallet With Kryptos 

  1. Go to kryptos.io & sign up using your Google account.
  2. From the menu, click on Add Wallets/Exchanges. Go to the Wallets/Exchanges page.
  3. Search for Uniswap or select it from the list below.
  4. Now, click on the Uniswap icon.
  5. Click on “Connect with Uniswap Wallet
  6. Scan the QR on your Uniswap mobile application and tap on “Connect
  7. Kryptos will automatically read all the wallet addresses.
  8. Click on “Import your Transactions
  9. Sit back and let Kryptos synchronize with all of your wallets from Uniswap.

How to download Uniswap Wallet Tax Reports

  1. Once synchronization finishes, head to Reports under Menu on Kryptos.
  2. Under summary, click on the Download Tax Report button.
  3. Choose your Tax Report Type and click on download. 

How are Uniswap 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 Uniswap Wallet transactions.

  • Income Tax- If you are earning rewards (e.g. through lending or staking) or 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, UNI, WETH, SNX, etc.), you incur capital gains tax.

Essential things to keep in mind while integrating Uniswap Wallet

  • In your wallet, make sure you’ve selected the correct networks before integrating them.
  • Do not use your private keys for integrations on Kryptos.

Facing Issues While Connecting Uniswap Wallet 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 a critical or urgent issue 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.

Ready To Experience A Stress-Free Crypto Tax Journey?

Sign Up Now