Looking to switch from Koinly to Cryptact? Follow the instructions below to start this financial year’s tax calculation fresh on Cryptact!
Before Getting Started
- Ensure that calculations for all previous years are completed in Koinly.
- Incorrect calculation results from Koinly may lead to discrepancies in Cryptact.
1. Download the tax complete report from Koinly
1. Log in to Koinly and navigate to the “Tax Reports” page.
2. Select the Complete Tax Report for the previous year (the last year you traded cryptocurrencies).
3. Click the blue “Download Report” button.
2. Extract the “End of Year Positions” Data
1. Open the downloaded Complete Tax Report.
2. Locate and open the page titled “End of Year Positions”.
3. Input the Data into Cryptact
Using the data obtained in the previous step, enter the holdings and unit prices of each coin into Cryptact using its “Add Stating balance” feature. Refer to [this article] for detailed instructions on how to use the feature.
3-1. Input Data via File Upload
- Open the CSV file “cryptact-starting-balance-template.csv” attached at the bottom of this page.
- Fill out the file with the holdings and unit prices of each coin as shown below, then upload it to Cryptact.
| Koinly (Complete Tax Report) | Cryptact (cryptact-starting-balance-template) |
| Quantity | POSITION |
| Cost | UNIT PRICE |
- Ensure that the “COIN” column uses the coin symbols adopted by Cryptact. You can check the list of coin symbols from here.
3-2. Input Data Directly via the Interface
- Navigate to the “Add Starting Balance" page on Cryptact.
- Enter the holdings and unit prices for each coin as shown below.
Use the dropdown menu to select the coin/token.
| Koinly (Complete Tax Report) | Cryptact ("Add Starting Balance" page) |
| Quantity | Position |
| Cost | Unit Price |
4. Start Calculation
After completing the input of holdings and unit prices into Cryptact (Step 3), start the calculations in Cryptact. Refer to [this article] for instructions on how to calculate using Cryptact.