How to Connect Your Coinbase API to Koinly?
Tracking crypto trades and handling taxes can feel overwhelming, especially with transactions across different platforms.
But if you are using Koinly for tax tracking and portfolio management, you are on the right path! Connecting your Coinbase account to Koinly using an API makes things even simpler. With this connection, Koinly can automatically sync your Coinbase transactions. You won’t feel any need for manual entries.
So, how do you connect your Coinbase API to Koinly? Let’s discuss!
Steps to Connect Coinbase API to Koinly
Step 1: Log In to Koinly
Log into your Koinly account on your computer.
Go to your Account Dashboard and select Wallets.
Step 2: Select Add Wallet/Exchange
In the Wallets screen, select Add Wallet/Exchange.
A new window will open up with all the wallets and exchanges listed.
Step 3: Search for Coinbase
Use the search bar to find Coinbase.
Click on the Coinbase API (manual) from the list and then select Setup Auto-Sync.
Step 4: Add API Key from Coinbase
Now, to add your API key from Coinbase, follow these steps:
Log in to your Coinbase account on your browser.
Select your profile icon in the top right corner.
From the dropdown menu, select Settings.
Under Settings, find and click on API.
Choose Create & Manage API Keys to access the Coinbase Developer Platform.
Create a nickname for your API key (e.g., "Koinly Integration").
Select Create and download your API key details.
Save your key details somewhere secure.
Copy your API Key and API Secret and enter them into the fields provided in Koinly.
Let’s Wrap it Up!
And there you have it! Your Coinbase account is now linked to Koinly. With this API integration, Koinly will automatically sync all past and future Coinbase transactions. Now, you’ll always have accurate, up-to-date records, making tax season as stress-free as possible.
If you need any more help, feel free to reach out to the Crypto Accountants team – we’d be happy to assist!