Polygon Wallet Integration

• Our system can now recognize the basic token movement on Polygon (e.g. ins and outs of MATIC and ERC-20 tokens) which enables us to determine the cost basis of the transactions for a given wallet address
• Our Polygon Wallet support is now more robust
• This helps recognize NFT movements related to ERC-721s happening on Polygon 
• The V1 launch will enable us to further our support with this integration in the future

What is Polygon?

Polygon is a “layer two” or “sidechain” scaling solution that runs alongside the Ethereum blockchain - allowing for speedy transactions and low fees. MATIC is the network’s native cryptocurrency, which is used for fees, staking, and more.

How to Connect Your Polygon Wallet to TaxBit?

Step 1: Navigate to "Add Sources" and select "Search Sources"

Step 2: Search and select "Polygon Wallet"

Step 3: Next, make sure to hit the "Next" button

Step 4: Fill out the Wallet Address field and enter a Nickname if you'd like

Step 5: Select "Connect Wallet"

Once you have successfully connected your wallet, you'll be able to see that connection under your "Sources" tab. Go ahead and run a sync on that connection in order for transactions to come through the API.

After a successful sync, you can navigate over to your "Transactions" page to view your transactions that have been loaded from your wallet.

Still have questions? You can interact with our Chatbot by selecting the Chat Widget located at the bottom right side of your screen, or fill out this form HERE to submit a support inquiry request. Our team is happy to help!