How to import wallets adresses

Wallets

Wallets are repositories for all your addresses. 

A wallet can contain one or multiple addresses, and in order to provide a comprehensive report, you would need to export all your public addresses from your wallets and paste them into the designated pane in the “New Public Keys” screen.

Please take care to NOT provide your private keys.

There are three ways to share your Address(es) with us:  

1. Upload your XPUB (Recommended) 

2. Manually Upload your personal Address(es).

3. Upload TXIDs and manually label the address(es) at the “My Transactions” screen.

Please note: 

  • If you choose to use TXIDs you will have to manually complete the data in our system. Identifying addresses on the blockchain can be tricky, so manual completion is is only recommended in cases of exchange to exchange transactions. To avoid complications and provide the most accurate results,  we recommend using xPUBs or manually uploading your Addresses. 

  • An address given to you by an exchange to deposit funds is not a personal address.  

Public Addresses VS. Master Public Addresses (xPub)

Public Address – every wallet stores a separate log of all of your incoming and outgoing transactions. Every transaction linked to your wallet will be stored to give users an overview of their full activity. Most wallets would allow users to access and export the information as a CSV file that contains all used public addresses. 

In order to import the information to Bittax, please copy all relevant addresses and paste them into the designated pane. It is important to note that some cryptocurrencies work in such a model that generates change addresses and requires you to distinguish between the different addresses which might be an opening for mistakes.

Master Public Address (xPub) – HD Wallets, or Hierarchical Deterministic wallets, can generate an unlimited number of addresses using a single master seed. Each wallet has a master public key (xPub) that would give access to all the public addresses related to a specific wallet.

Exporting xPub will not allow access to your funds, but will allow Bittax to retrieve  more reliable data, saving you lengthy editing work. It is important to note that while exposing your xPub restores the wallet’s activity and may lead to potential privacy violations,Bittax’s user privacy policy ensures that the  data provided is used for tax calculation purposes only. You privacy is paramount, but so is the accuracy of your report, therefore it is highly recommended to import xPub’s to compile a reliable report. You can learn more on how to export an xPub here.

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