Here’s a straightforward guide to getting your transaction history from Kraken:
- Log In: Go to Kraken.com First, Then sign into your Kraken account.
- Then, click on the profile icon from the top right corner.
- Click on the Documents from the drop-down menu.
- Click on the Create export button from the right corner.
- Select the Ledger from the Select export type menu.
- Next, set the Start and end date for your time range, select All for Transaction types, Assets, and Fields, and choose CSV as the format.
- Last, click on the Download icon to save the generated trade history.
This report is your personal record of all the moves you’ve made on Kraken. Whether you’re keeping track for finance, or for the tax season, it’s all there in your report.
Lets Calculate Taxes with Catax
Catax is a powerful crypto tax calculator tailored to simplify the complex task of reporting cryptocurrency transactions. This innovative tool effortlessly integrates with various cryptocurrency platforms, including major exchanges like Kraken, WazirX, and Binance, offering a comprehensive solution for crypto Traders and Investors.
Catax collects transaction data from these exchanges, enabling users to centrally monitor their profits, losses, and income. This feature is particularly advantageous for users who trade on multiple platforms, ensuring an accurate calculation of tax.
A good feature of Catax is its capability to import and organize transaction history from Kraken. This automation not only eases the tax reporting process but also aids in more efficient tax payments. Whether you’re a user of Kraken, WazirX, or Binance, Catax is an invaluable asset for seamless and precise crypto tax reporting.
Is it safe to connect Kraken Trade history to Catax?
Yes, inputting your Kraken transaction history into Catax is secure. Catax is designed with robust security protocols to safely manage cryptocurrency transaction data. It employs advanced encryption and security measures, safeguarding your financial information.
By entering your Kraken transaction history into Catax, you simplify the task of calculating your cryptocurrency taxes. Catax uses a read-only API key, allowing it to access your transaction data for tax purposes without the ability to make any changes or withdrawals also this ensures the safety of your assets. Many crypto investors trust Catax for its effectiveness in simplifying tax reporting while maintaining a strong security record.
For added security, always practice online safety measures like using unique passwords and enabling two-factor authentication on your exchange accounts.
How Can Crypto Tax Software Help You?
Crypto tax software like Catax simplifies your tax management. It connects to your crypto accounts, including Kraken, organizes your data, and swiftly computes your gains, losses, and income. Then, it generates precise tax reports efficiently.