The complexity of tracing and filing crypto taxes was an important barrier to fully exploring the breadth of crypto ecosystems.
So we are expanding our partnership with Koinly, our leading crypto tracking and tax reporting solution, to simplify our clients’ processes so that they can trade with confidence.
First of all: Your privacy is our priority
Our Koinly offer is completely opt-in Data will not be shared unless you choose to connect your Kraken account to Koinly.
Kraken supports industry-leading security and data protection standards, including full encryption of sensitive information, strict access controls, and advanced surveillance to prevent unauthorized access. We do not sell or share your personal data. You are always in full control of your information. Learn more about what Kraken does to protect your personal information.
What is the offer and how does it work?
Koinly simplifies crypto tax reporting by automating the tracking, calculation and analysis of crypto profits, losses and revenues. Through our expanded partnership, we offer 25% discount on Koinly’s paid plans to all Kraken clients, regardless of the country reporting their crypto tax obligations.
This discount allows you to process crypto taxes for your Kraken transaction and other places where you do crypto transactions.
With Koinly’s paid plans, you can:
- Easy to import transactions: Add a Kraken Exchange account via API or CSV file and connect your blockchain wallet using a public address.
- Preview capital gains:Glimpse into profits/losses for the tax year and actively manage your crypto portfolio to maximize profits.
- Download the tax documents: Whether you’re submitting yourself, using tax software such as Turbotax, or working with an accountant, Koinly can seamlessly generate the right crypto tax reports for you.
Koinly is available in over 100 countries around the world. To take advantage of this offer, go to the Kraken or Kraken Pro’s (Settings) tab on mobile or on the web and connect to Koinly from Single Sign (SSO).
Over the next few months, we will explore additional ways to make crypto tax even more accessible to our clients.
Koinly and Kraken reserve the right to change or terminate the offer at any time. This offer cannot be used in conjunction with other offers and is limited to one per customer. Excludes Koinly CPA and B2B customers.
These materials are for general information purposes only and are not investment advice or recommendations or solicitations to purchase, sell, bet or hold CryptoAssets or engage in any particular trading strategy. Kraken makes no representations or warranties of any kind, express or implied, regarding the accuracy, completeness, timeliness, fitness or adequacy of such information. Furthermore, we are not responsible for any losses, injuries or damages arising out of errors, omissions or its display or use of this information. Kraken does not work to raise or lower the prices of certain CryptoAssets available. Some crypto products and markets are regulated, while others are not regulated. Anyway, Kraken may or may not need to be registered or permitted to provide specific products and services in each market, and is not protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the crypto assets market can lead to loss of funds. Taxes may be paid for returns and/or increased value of crypto assets, and you must seek independent advice on your tax position. Geographical restrictions may apply. Please refer to the legal disclosures of each jurisdiction here.
