Koinly is a cryptocurrency calculator trusted by crypto investors in over 20 countries. Koinly integrates with 700+ exchanges, blockchains, and wallets to give investors an easy and accurate way to track their crypto transactions in one place. From here, Koinly calculates the total capital gains and income an investor has derived from their crypto in any financial year.
Based on our record, Koinly seems to be a lot more popular than Fidelity Digital Assets. While we know about 306 links to Koinly, we've tracked only 14 mentions of Fidelity Digital Assets. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.
Starting the TOA process (login required). Source: over 1 year ago
To transfer it back to fidelity, you go to this site here (you might need to be logged in, if the link doesn’t work, search how to transfer assets to Fidelity in their help section and you should be able to find the link there). Answer the prompts and then choose if you want to transfer all or you can choose specific number of shares to transfer back. Source: over 1 year ago
Transfer an Account to Fidelity: https://digital.fidelity.com/ftgw/digital/transfer-of-assets. Source: over 1 year ago
The easiest way to transfer shares into Fidelity in by initiating a Transfer of Assets (TOA). TOAs typically take about 5 to 7 business days for your assets to be transferred. If you have an open Fidelity account with the same registration as your Cash App account, you can initiate a TOA on our website here (login required). Source: over 2 years ago
I initiated DRS today after dragging my feet. I was able to easily initiate the transfer to Fidelity from Vanguard. Fidelity makes it easy to do without even having to call but I did have a preexisting account. They recommend uploading a copy of a statement from the brokerage you are transferring from, and they make it easy to do do. Then the timeline to CS is much shorter and that was my biggest worry... Source: over 2 years ago
Every transaction you make with crypto is a taxable event. Even buying something with your bitcoin is a taxable event. So instead of looking at your balance, you have to look at each and every transaction and see how much you paid for the asset, how much you sold it for, and how long you held it. The ATO will also want a report on your crypto transactions, which you can get from koinly.io. That will also... Source: 5 months ago
Https://koinly.io/ is a popular recommendation here in Denmark. Denmark may have the worst possible taxation for crypto: every time you sell, use or convert your crypto, that's an event where you have to calculate your gains or losses. Gains are taxed like personal income (so up to 53% tax), but losses can only be deducted at 26% they do not offset the gains directly. A school teacher speculating in crypto ended... - Source: Hacker News / 6 months ago
-is it possible to track swaps and trades I'm making in defi via koinly.io or another tax tracking provider? I want to take advantage of long term capital gains vs short term whenever possible. Source: 10 months ago
Every trade where you go from 1 coin to another is a capital gains event. Take a look into https://koinly.io/ to calculate it for you. Source: 12 months ago
I just bit the bullet and pay koinly.io to do it for me. The one thing I like about it is you can tag staked transaction (eth to eth2) as swaps so they don't show up on your taxes. It's actually free until you want them to generate a tax form for you. Source: about 1 year ago
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