How to do your Exodus taxes in 2022
Introduction to Exodus
Exodus is a multi-asset software wallet platform that was founded in 2015 and is headquartered out of Nebraska City, Nebraska. Exodus removes the barrier of entry that is present on other crypto platforms making them very easy to use for those looking for a foothold in the crypto world. It supports over 150 unique crypto currencies, and has a new NFT market that allows users to buy, sell, or exchange non-fungible tokens on the Exodus platform.
Exodus recently partnered with Trezor, a crypto cold storage company, so that Exodus users can manage their assets offline. Being a non-custodial wallet, Exodus has no Know Your Client requirements, meaning users do not have to give personal information. The platform is also completely hands off so Exodus has no access to your wallet and does not collect any data from you.
How to export your Exodus transaction history
Automatic import
Divly has simplified the process by building an automatic integration with multiple blockchain explorers for our users. By simply providing Divly with a wallet address, all your transactions including the native tokens will be imported automatically.
Step by step guide:
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To locate your Wallet Address, sign into your wallet and find your public wallet address.
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Copy the Wallet Address into Divly. Please ensure to use the public Wallet Address, never share your private keys with anyone!
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In Divly, select the relevant blockchain and click Save wallet address and import. Your transactions will automatically be imported directly from the blockchain ledger.
File import
You can import transactions from Exodus into Divly by downloading and importing a CSV file. Make sure to download the CSV file every time you want to include the latest transactions.
Important:
Make sure to export All Transactions from Exodus. Divly does not support the files where you export a single crypto's transaction history.
Step by step guide:
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Sign in to Exodus.
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Click on the History section of your wallet.
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Click the 3 dots icon in the top right corner. Select Export All Transactions
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Drag and drop the CSV file to where it says Upload CSV. Divly will import the transactions.
If the above steps do not work, follow the provider's official guide.
Common issues when calculating your Exodus taxes
There are two common issues associated with doing your Exodus taxes:
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Downloading the wrong file export. Make sure to download the file that includes transactions from all your different cryptocurrencies. Divly does not support the individual crypto files.
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Exodus can export transactions with different file structures depending on the transaction types you have used. Divly has built support for many of these. If your file does not import successfully, let us know and we will sort it out for you.
If you have any issues with calculating your Exodus taxes, feel free to contact our support team which is available via the online chat on the bottom right hand corner of our website. Good luck!
Any tax-related information provided by us is not tax advice, financial advice, accounting advice, or legal advice and cannot be used by you or any other party for the purpose of avoiding tax penalties. You should seek the advice of a tax professional regarding your particular circumstances. We make no claims, promises, or warranties about the accuracy of the information provided herein. Everything included herein is our opinion and not a statement of fact. This article may contain affiliate links.