Guide: First steps with Blockpit

Already registered? Now you can start setting up your Blockpit account!

The help center assists you in importing your transaction history into specific depots in the best possible way. If you have questions that cannot be answered by our help center articles, you can always contact our support team.

 

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”.
  3. Now a screen will open where you can choose between “Exchange”, “Wallet” and “Unsynced Depot”.

    What are the differences between the individual depot types?

Next, follow the further instructions for the corresponding depot types:

 

Exchange Depot

If you want to import data from a supported Exchange:

  1. Select “Exchange” if you want to import data using an API connection.
    Then click on the desired Exchange in the list.

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  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. Name your new depot.
  4. Copy API key and secret into the input fields.

    Keep “First Transaction” as the default start date. Selecting a specific start date only makes sense if you want to add transactions that are before the start date manually.

  5. Finally, click “Create”.


Wallet Depot

If you want to import data from a supported Blockchain or Wallet:

  1. Select “Wallet” if you want to import data via public key.
    Then click on the appropriate Blockchain in the list.

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  2. Enter a depot name as well as your public wallet address (public key).

    Keep “First Transaction” as the default start date. Selecting a specific start date only makes sense if you want to add transactions that are before the start date manually.

  3. Finally, click “Create”.

 

Unsynced Depot

If you want to import data from not yet supported Exchanges, Blockchains or Wallets:

  1.  Select “Unsynced” if you want to import data one by one manually or using our CSV/XLS template.

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  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 2: 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.

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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!

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