Importing Your Data- Step by Step Guide

The world of cryptocurrency is extremely complex. With over 7000 cryptocurrencies and 300 wallets and exchanges available, is hard to find the right solution in order to provide the right solutions for a crypto trader’s needs. We’ve created the ACCOINTING.com Platform Step by Step Guide so you can get the most out of this all-in-one platform that can handle all your needs.

As a crypto trader you want to:

1. know your overall portfolio performance regardless of where his cryptocurrencies are located
2. understand the possible opportunities in the market for investment easily and accurately
3. set up warning and alerts in order to identify possible risks based on their current crypto portfolio
4. deep dive on historical data of their transaction history in order to get more valuable insights
5. make more money and not losing time with compiling transactions for tax reporting

In order to do all of that, handling cryptocurrency has to be simple, fast, reliable, accurate, safe, transparent, affordable, and user-friendly. All the right variables need to be in the right place doing the right thing at the right time with a specific purpose.

Import data

You can import all your crypto data to ACCOINTING.com in 4 ways: live connection (Coinbase and Uphold, for example), via API (Application Programming Interface), CSV files provided by your Exchange, wallet, or other services; and manually, where you put transactions one by one using a form or a spreadsheet template. 

Start by clicking on the green button to add a Wallet or Exchange. For future needs, you can edit import data in the “Wallets” section.

To find your Exchange/Wallet, you can navigate the integrated lists or put a name on the search tab.

a. Adding Exchanges and Wallets

i. Live connection

This option is available just for some Exchanges that ACCOINTIG.com support. It’s the fastest way to import Exchanges data because you only need to click on “Connect Exchange”.  This connection allows reducing refresh times compared to API connection. It takes less than 10 minutes to get up to date in your transactions! 

On the other hand, the API connection is less efficient on refresh times. For instance, import data from Binance takes around 15 to 30 minutes to get up to date. But this method is one of the most practical because updates are automatic.

ii. File

The file option uses a report generated by your Exchange. Depending on which Exchange you’re connecting to, you’ll need more than one file to import your data. In this example, we’re going to join Coinbase.

The disadvantage of this option is that you have to add recent transactions manually, so you’ll need to follow the Manually section’s steps.

iii. Manually

This option is recommended to use in case the other options aren’t available. You have to add each transaction one by one to manage your portfolio. There are two ways to do this: with a form or a spreadsheet template. 

iv. Form

The form lets you append timely transactions. This method is perfect for traders that have about 1 to 2 trades per day. However, this way allows you to classify each transaction; first trade for swaps and the second one, for stacked coins, and so on.

v. Spreadsheet template

This way allows you to import a bunch of transactions into ACCOINTING.com. First, download the Accointing template and open it.

Then, follow the steps appearing on the “READ ME” sheet to fill in your data.

Once you finish, go to ACCOINTING.com and select your file and your timezone.

Finally, if ACCOINTING.com doesn’t recognize a cryptocurrency, a pop-up appears saying what crypto is missing, so you search for the correct one and change it.

b. Adding Wallets

Adding wallets to ACCOINTING.com is similar to adding Exchanges. The most significant difference is that Wallets uses an address connection for each coin instead of an API. Still, you have the same options to import data: live connection using your wallet’s address and manually.

First, search for a wallet by clicking on “Add wallet ” or on the plus button on the wallets page.

Then, write a name on the search tab. In this example, we’re going to use Coinbase Wallet.

i. Address

When you connect a Wallet to ACCOINTING.com, you need to proceed with each coin you have on there the same way using a XPUB (Extended Public Key). First, define what type of currency you wish to add; if it isn’t listed, use ERC 20 for altcoins based on the ethereum blockchain. In this case, we’re going to append USDT. Then, search for your receive address in your Wallet app, and paste it into ACCOINTING.com. If you have problems doing this process, check the article about how to import your wallet.

ii. Manually

As it is for Exchanges, you can import Wallets using a form or a spreadsheet template. It’s better to use the address connection because it refreshes automatically, but these options are available for those who don’t want to put their address into ACCOINTING.com. For this example, we are going to add a Trezor Wallet.

A. Form

The form lets you add timely transactions, so if you send or receive one or two times per day, you append those over here.

B. Spreadsheet Template

This way allows you to import a bunch of transactions into ACCOINTING.com. First, download the Accointing template and open it.

Then, follow the steps appearing on the “READ ME” sheet to fill in your data.

Once you finish, go ahead to ACCOINTING.com and select your file and your timezone.

Finally, if ACCOINTING.com doesn’t recognize a cryptocurrency, a pop-up appears saying what crypto is missing, so you search for the correct one and change it.

c. Adding Services

This option is for those with other crypto-related accounts or to manage different ACCOINTING.com accounts in one place only. You can import your data manually as it is for Exchanges and Wallets.

For example, if you want to import another ACCOINTING.com account, click on the Accointing logo and select “Export here”.

Then, in your main account, go to wallets/add new service/Accointing, and select your exported data.

Finally, assign your Exchanges, wallets, or services to the correct one.

d. Adding New Transactions For Existing Wallets

After importing your Exchange or wallet manually, you have two options for adding new transactions:

Method 1: Using the Full Data Set
  1. Go to the Full Data Set page and click on the “New” button.
  1. Add your transaction by filling the form.
Method 2: via Wallet Page

You can also use the Manually import data options to add new transactions. Click on the pen button from the selected Exchange or wallet.

After this, follow the instructions on the “Manually” section if you want to add a new transaction using a form or a spreadsheet template. You can also change your API connection here.

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