Hi there 👋
🆕 Here is the link to our full tutorial to guide you step by step.
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.
💡 We recommend setting up API connections between Waltio and your exchange platform if available.
💡 We advise you to run an analysis before any manual corrections. This is because the analysis will associate deposits and withdrawals together and correct many warnings.
💡 Transactions involving only EURO are not required. Waltio needs transactions
euro ↔ crypto, crypto ↔ crypto or crypto ↔ euro.
The timeframe for analysis and reporting varies depending on the type and quantity of transactions.
Necessity of previous data
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.
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.
💡 Our models exclude transactions in 2021 for the calculation of capital gains in the year 2020.
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).
⚠️ 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.
💡 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
Depot: Action of depositing value in an account
Withdrawal: Action of withdrawing value from an account
Exchange: Conversion of one asset for another
If you have any other questions, do not hesitate to contact us via the chat just at the bottom right of your screen! 💬
The Waltio team