Many users ask which method of data ingestion is better—application programming interface (API) integration or comma-separated value (CSV) import.
TaxBit Support encourages all of our users to use API integration wherever possible. This method of data ingestion brings over past data, and allows you to bring over current data as well, so you can view all the transactions from your exchanges and wallets in your TaxBit account. It’s the easiest way to add transactional data.
TaxBit has the ability to integrate with many of crypto’s most popular exchanges through API integration. HERE is a list of our API Setup Guides to help you get started.
If you’re curious about the security of API integration, check out our article on that topic HERE.
If you are unable to use API integrations to link your exchanges or wallets, adding CSV files is the next best option. CSV is a type of file format. Each transaction in a CSV is delineated in spreadsheet format.
TaxBit makes it much easier for users to use CSV imports to add data to their accounts.
There are three options for CSV imports:
- You can use automated CSV converters for many of the most popular exchanges and wallets that can’t be linked via API. You can see the sources with converters HERE.
- TaxBit Support is happy to and can reformat and upload CSV files for you.
- You can create and/or reformat and upload the CSVs yourself using this reference.
Still have questions? Send us an email at email@example.com or chat with us using our live chat feature, and we'd be happy to help!