You can import your Bitcoin transactions into CoinLedger by entering your public Bitcoin address into Step 1: Import.
1. Add a Bitcoin wallet account
Select Bitcoin as an account you used from within Step 1 of CoinLedger.
2. Find the public address for your wallet
Paste in your public address to CoinLedger and import your transactions.
Further Classifying Deposits and Withdrawals
You can further classify your Bitcoin deposits and withdrawals from within the Classify step of the app. Simply select the wallet you wish to classify additional transactions from, and classify the transaction into its appropriate type.
For example, the deposit transactions below could be further classified as received income.
What happens if I don’t classify Deposit and Withdrawal transactions?
Deposits and withdrawals by default as non-taxable self-wallet transfers.
Deposits and withdrawals that are left alone and not further classified will not directly impact your tax report or capital gains.