Data and imports

Connecting Kraken and Binance

Connect a read-only Spot portfolio and understand cost basis and reports.

How do I connect an exchange account?

In Net worth, open Exchange accounts and Connect exchange account. Choose Kraken or Binance Spot. This is separate from bank connections and manually entered crypto investments.

  1. Create an API key at the selected exchange. For Kraken allow only Query Funds, Query Closed Orders & Trades and Query Ledger Entries; for Binance leave only Enable Reading enabled.
  2. Enter API Key and Secret Key in the protected form and confirm the connection. Keys with trading, withdrawal or transfer permissions are rejected.
  3. Use Synchronize, wait for the result and check the last-sync timestamp. After changing the year, review the corresponding report too.

Why is cost basis or performance incomplete?

Holding value and acquisition cost differ. Deposited assets, missing history and trades outside the supported EUR scope can leave cost basis unknown. Partial unrealized performance includes only positions with sufficient data and does not represent the entire portfolio. Missing cost basis does not mean zero acquisition cost.

How do I read the tax report?

Select a year and review realized gains, losses, the calculated result and indicative tax. Weighted-average cost basis is used for supported trades. Complete for EUR trades or Complete for discovered EUR trades describes that limited scope, not your entire tax situation. Review flagged transactions and reconcile against statements. The report is not a completed tax return or tax advice.

How do I replace keys or disconnect?

Update keys accepts keys for the same exchange account and preserves history after the exchange verifies account identity. For another account use Disconnect: after confirmation, locally saved exchange data is deleted. This differs from the bank option Disconnect and keep data. If syncing fails, review the message and key permissions; do not add broader permissions as a workaround.

Next stepContinue with the next relevant Help Center topic.
Manually adding a crypto investment

Finance Ledger presents insights based on entered data and does not provide investment, credit or tax advice.