Crypto investors know that calculating crypto taxes is a time consuming job! That’s why My Crypto Tax has teamed up with Koinly to track your crypto transactions and calculate your taxes automatically.

We’ve done a lot of research on this, and Koinly is the cryptocurrency tax calculator we like best. To get started, simply sign up and connect your crypto exchanges, wallets and blockchains to Koinly via a few easy integration steps. They offer loads of API integrations which is a real bonus.

Once synched, Koinly imports all your crypto trade data into a single portfolio view. No more going back and forth between different accounts, wallets and spreadsheets to track your trades!

Next, Koinly identifies the market rates for all your transactions and convert this into the currency of your choice, for example, GBP. Finally, Koinly calculates your taxable position, including short and long term gains, losses, income and expenses.

All this information is collated into one easy-to-read summary with a variety of crypto tax reports to download, including your Complete Tax Report, Transaction History, Capital Gains Report, Income Report and more.

Koinly also generates specific tax reports for UK traders, the HMRC Capital Gains Summary. The best part is that you can invite My Crypto Tax to review your tax report directly in Koinly!

Let Koinly and My Crypto Tax sort your crypto taxes fast and accurately – minus the admin headaches!