Creating an XT.com API key is a simple process. Here’s a step-by-step guide to help you do it effortlessly:
- Log in to Your XT.com Account and Click on theprofile iconin the top-right corner.
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- Go to API Management from the dropdown menu.
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- Click on the“Create API”button.
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- Enter anAlias Name(e.g., “Catax”) than enter the 6-digit code and click confirm.
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- YourPublic KeyandPrivate Keywill be displayed.
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How Does Cryptocurrency Tax Software Help You Calculate Your XT.com Taxes?
When XT.com is integrated with Catax, calculating your taxes becomes simple and hassle-free. Here’s how it works:
- Automatic Data Sync with XT.com API
Once you connect Catax to the XT.com API, it seamlessly pulls all your trading details—eliminating the need to manually log every buy or sell transaction. This automation ensures accuracy, prevents errors, and saves you valuable time and effort. - Tracking Your Crypto Costs
Using the data fetched from XT.com, Catax determines the exact value of your cryptocurrency at the time of purchase. Why is this crucial? Because calculating the difference between your buying and selling prices is essential for determining your profit or loss. Thanks to Catax, these calculations are always precise, ensuring error-free tax reporting. - Real-Time Value Updates
The XT.com API provides up-to-the-minute market values for your crypto assets. This real-time tracking helps you make informed investment decisions while also keeping an eye on potential tax savings. - Tax-Ready Reports
Based on the information gathered from XT.com, Catax generates detailed and compliant tax reports tailored to your local tax regulations. So, when tax season arrives, you’ll be fully prepared, with every transaction accurately documented and organized.
With Catax and XT.com working hand in hand, you can forget about tax-related stress and focus on what truly matters—your crypto investments.
How to Use Your XT.com API Key and Secret Key Safely
To ensure a secure and efficient integration, follow these important steps:
- Safeguard Your Keys
Treat your XT.com API key and secret key just like your most confidential passwords. Once you receive them, store them securely. Consider using a password manager for convenience, or write them down and keep them in a safe and private location. - Connect Your XT.com Account to Catax
After securing your keys, log in to the Catax platform. Navigate to the section for connecting exchanges, then enter your XT.com API key and secret key. This quick and simple step seamlessly links your XT.com trading data to Catax. - Let Catax Handle the Rest
Once your account is successfully connected, Catax will automatically fetch your transaction history. It will then calculate your taxes precisely and efficiently based on your trading activity. This means you can confidently focus on your investment strategy, knowing your tax obligations are being handled.
By following these steps, you ensure that your XT.com account remains secure and fully integrated with Catax for smooth and hassle-free tax calculations.
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