Get started on Waltio!

The main information to know when you start using Waltio

Updated over a week ago

Welcome to Waltio πŸŽ‰

πŸ†• To get started, you can watch (or read) our full tutorial to guide you step by step πŸ‘‡



After creating your account, we ask you to upload your entire transaction, deposit and withdrawal history. Therefore, the start date of the first uploaded file must correspond to the date of your first transaction on the exchange platform.


A few tips:

β€” We recommend setting up API connections between Waltio and your exchange platform, if available. Otherwise, use transaction history files.

β€” Transactions involving only EURO are not required. Waltio needs transactions

euro ↔ crypto, crypto ↔ crypto or crypto ↔ euro.

β€” The timeframe for analysis and reporting varies depending on the type and quantity of transactions.


Necessity of previous data πŸͺ„

To calculate the sum of capital gains or losses per year, we need to individually calculate the capital gains or losses of each taxable transaction made in that year. To calculate your capital gains or losses, we also need to identify the purchase cost of the cryptocurrencies sold.

To calculate the purchase price, we need to track all your movements.

This allows us to understand what the purchase price was, the quantity and your balance at the time of the sale. Thus, we need to know all the buying and selling transactions made for each cryptocurrency sold.

Example:

1 BTC purchased in 2017 at a price of €3,000, sold in 2020 at a price of €15,000. To calculate the capital gain, we need access to the purchase transaction made in 2017.


Dates & Schedule ⌚️

To calculate your capital gains over a year, we need to read all the transactions made from January 1st to December 31st of the year in question. So, to indicate the end date, choose a date equal to or after December 31.


πŸ’‘ Our models exclude transactions in 2023 for the calculation of capital gains in the year 2022.

We generate documents using the GMT+1 time zone, which is the official time zone. However, our interface adapts to daylight saving time (currently GMT+2).


Missing history πŸ—„οΈ

⚠️ It is necessary to import all your accounts: wallets and crypto exchanges

🚨 Missing a single account, or even a single transaction, can completely change the taxable amount calculated by Waltio.

πŸ’‘ If you do not have this information because the exchange closed and whose corners were stored on a wallet, no problem, we accompany you in this specific case.


Recovery of the price of cryptos πŸ’Ή

Thanks to our partners CoinGecko, Kaiko and CryptoCompare, we have created a tool that retrieves the crypto-euro price on the date of transfer to an identified wallet.



The definitions πŸ“–

Depot: Action of depositing value in an account

Withdrawal: Action of withdrawing value from an account

Exchange: Conversion of one asset for another


πŸ‘‰ Start using Waltio πŸ‘ˆ


If you have any other questions, do not hesitate to contact us via the chat just at the bottom right of your screen! πŸ’¬


The Waltio Team

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