Creating a LATOKEN API key is an easy process. Here’s Step to Step Guide on how you can do it:
- Visit the LATOKEN website and login or sign up to your account.
- Enter your email address in the provided field or select Google for a faster sign-in option.
- Once logged in, click on the Profile icon located at the top-right corner of the website.
- From the dropdown under the Profile section, click on API Keys to access the API settings page.
- On the API Keys page, click on Create API Key to generate a new API key.
- Fill in the API Key Label and select the appropriate permissions. Click on Create API Key to finalize the process.
How Does Catax Help You to Calculate Your LATOKEN Taxes?
When LATOKEN links with Catax, calculating your taxes becomes effortless. Here’s how it works:
- Automatic Data Sync with LATOKEN API
Once you connect Catax to the LATOKEN API, it automatically fetches all your trading data—no need to manually track each buy or sell. This seamless automation eliminates errors and saves you hours of work.
- Tracking Your Crypto Costs
Using data from LATOKEN, Catax accurately calculates the value of your cryptocurrencies at the time of purchase. Why is this important? Knowing the difference between your buying and selling prices is essential for determining your profits or losses. Catax ensures precision in every calculation, making tax preparation stress-free.
- Real-Time Value Updates
The LATOKEN API provides real-time market values for your crypto assets. This feature helps you stay informed about market trends and make better trading decisions, all while staying mindful of potential tax savings.
- Tax-Ready Reports
Catax uses the information from LATOKEN to generate detailed tax reports tailored to your local tax laws. You’ll have everything you need for tax season, organized and compliant, without lifting a finger.
With Catax and LATOKEN working together, you can forget about tax headaches and focus on your crypto investments.
How to Use Your LATOKEN API Key and Secret Key Safely
- Safeguard Your Keys
Treat your LATOKEN API and secret keys like confidential passwords. Once you receive them, store them securely. Use a password manager for convenience or write them down and keep them in a safe location that only you can access.
- Connect Your LATOKEN Account to Catax
After securing your keys, log in to the Catax platform. Navigate to the section for connecting exchanges and input your LATOKEN API key and secret key. This step seamlessly links your LATOKEN trading data to Catax.
- Let Catax Handle the Rest
Once your account is connected, Catax will automatically fetch your transaction history. It will calculate your taxes accurately based on your trading activities, leaving you free to focus on your crypto investment strategy.
By following these steps, you ensure your LATOKEN account remains secure and fully integrated with Catax for hassle-free tax calculations.