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Getting Started on Waltio!

Welcome to Waltio πŸŽ‰ The main information to know when you start using Waltio

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πŸ“ Description

Welcome to Waltio! Here are the key pieces of information to know when you start using the platform to report your crypto assets.

πŸ’‘ Essential Tips

  • Prioritize API connections between Waltio and your exchange platforms whenever possible; otherwise, use history files.

  • If a platform is not supported, add your transactions manually.

  • Transactions in euros only (without crypto assets) do not need to be imported.

  • Report generation time varies depending on the type and volume of your operations.

πŸ“œ Importance of Historical Data

To calculate your annual capital gains and losses, Waltio must individually analyze each taxable transaction. Access to the complete history of your purchases is therefore essential to determine the acquisition cost of each asset.

Example: If you bought 1 BTC in 2017 at €3,000 and sold it in 2020 at €15,000, Waltio needs access to the original 2017 purchase transaction to correctly calculate your capital gain.

πŸ• Dates and Time Zone

When entering your transaction dates, select a date equal to or after December 31 of the relevant fiscal year. Waltio uses GMT+1 as its official time zone.

⚠️ Missing History

Importing all your accounts (wallets and exchanges) completely is mandatory. A single missing transaction can completely change the calculated taxable amount. Do not leave any account out.

πŸ’° Crypto Price Retrieval

Waltio uses CoinGecko to automatically retrieve crypto-euro prices at the date of each transaction. You do not need to manually enter historical prices.

πŸ“– Key Definitions

Term

Definition

Entry

Deposit of value (fiat or crypto) into an account

Exit

Withdrawal of value from an account

Exchange

Conversion of one asset into another

πŸ’‘ Additional Information

  • For any questions, consult the Waltio knowledge base or contact support.

  • Waltio regularly updates its platform to integrate new data sources and improve calculation accuracy.

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