Guide: First steps with Blockpit

Registered? Now you can start setting up your Blockpit account!

Hint: Our Helpcenter helps you establish the best possible mapping of your transaction history to different depots. If you have any questions that are not answered in our articles, you can always contact our support team.

Step 1: Create a depot
Step 2: Import transactions
Step 3: Check/link transactions - You're done!

Step 1: Create a depot

1. Click on the menu item “Depots” in the WebApp.

2. Click the top menu item “Create New” and select “Add Depot”.

Step 2: Import Transactions

Now a screen will open where you can choose between “Exchange”, “Wallet” and “Unsynced Depot”. This article explains the differences between these depot types.
Once you have decided which type of depot you would like to use, follow one of the instructions below:

• Exchange Depot
  
  
  
  
  1. Select “Exchange” if you want to import data using an API connection.
     Then click on the desired Exchange in the list.
     
     
     
     
  2. To import data you will need the API key and secret from your Exchange account. We have an article for each exchange with detailed instructions.
  3. Copy API key and secret into the input fields.
  4. Name your new depot.
  5. Finally, click “Create”.
     
     
• Wallet Depot
  
  
  
  
  1. Select “Wallet” if you want to import data via public key.
     Then click on the appropriate Coin or Token in the list.
  2. Enter a depot name as well as your public wallet address (public key).
  3. Finally, click “Create”.
     
     
     
     
• Unsynced Depot
  
  
  
  
  1. Select “Unsynced” if you want to import data one by one manually or using our CSV/XLS template.
  2. Name your new depot.
  3. Finally, click “Create”.
  4. Now you can add transactions to the account manually or by using our CSV/XLS template.
     
     

Step 3: Check & link transactions

After you have uploaded your transactions, you should link deposits and withdrawals between your depots. You can use automatic or manual linking. Click on the Transactions menu item to view unlinked transactions, warnings, or errors.

Automatic & manual linking of transactions

To create your transaction history transparently, deposits and withdrawals should be linked. For transactions that have taken place within a period of 6 hours, Blockpit offers an automatic link via the “Link now” button.
In addition, there is the possibility of manual linking via the button “+New link” directly on the transaction.

Here you will find instructions on how to link transactions automatically & manually.

Fix warnings & errors

A correct calculation of your profits and losses is based on a complete transaction history.
Warnings and errors help to identify possible gaps in your history. They can be caused by unconnected depots or unlinked deposits and withdrawals, and should always be corrected to the best of your knowledge and belief.

Here you can find instructions on how to solve warnings and errors.

Congratulations! You have set up Blockpit and have access to your tax reports. You can now trade in a tax-optimized way, keep track of your realized and unrealized gains as well as holding periods of your assets, and benefit from the continuous development and new features of Blockpit.

Please read our Blog and visit the My Account category from time to time to stay informed about news & updates.
In the other categories of our Helpcenter, you will also find a lot of useful information that can help you with the selection of your first licenses up to the completion of your tax return!