Creating a Digifinex API key is simple. Follow this step-by-step guide to generate one effortlessly:
- Log in your DigiFinex exchange account, click on the Profile Icon at the top right corner.
- From the drop-down menu, select your UID to access your account settings.
- On the left-hand sidebar, look for API Setting and click on it to open the API management page.
- Once inside the API settings, click on the Create API button to generate a new API key.
- Enter a name for your API key, check all the boxes under the Access section, and input both the Email Verification Code (sent to your email) and the Google Authentication Code from your 2FA app.
- Your API Key and Secret Key will be generated. Make sure to copy and save them immediately, as you will not be able to view them again after clicking the confirmation button.
How Cryptocurrency Tax Software Helps You Calculate Your DigiFinex Taxes?
- Automatic Data Sync with DigiFinex API: When you connect Catax to your DigiFinex account, it automatically pulls all your trading data. You don’t have to enter each transaction manually, which saves time and reduces mistakes.
- Tracking Your Crypto Costs Accurately: Catax collects your purchase price details from DigiFinex to calculate capital gains. It compares the price you bought crypto at with the price you sold it for, ensuring accurate tax calculations.
- Real-Time Market Value Updates: Catax fetches live market data from DigiFinex, helping you track your crypto’s current value. This allows you to make better investment choices and plan your taxes ahead of time.
- Tax-Ready Reports for Easy Filing: Catax organizes your DigiFinex transaction history into tax reports that follow Indian tax laws. When tax season comes, all your data is ready, making filing simple and hassle-free.
How to Use Your DigiFinex API Key and Secret Key Securely
- Keep Your API Keys Safe: Your DigiFinex API Key and Secret Key are private. Store them securely in a password manager or write them down somewhere safe.
- Connect Your DigiFinex Account to Catax: Log in to Catax, go to the exchange connection section, and enter your DigiFinex API details to set up a secure connection.
- Let Catax Handle Your Taxes Automatically: Once connected, Catax will fetch your transaction history, calculate your crypto taxes based on Indian tax rules, and keep everything organized. This helps you stay compliant without extra effort.
Once linked, Catax will automatically fetch your transaction history and calculate your crypto taxes based on Indian tax laws. This ensures accuracy and compliance while allowing you to focus on your investments.